Bitcoin
$47,827.20-1.11%
Ethereum
$3,408.00-2.00%
XRP
$1.07-0.97%
Cardano
$2.35-1.57%
Polkadot
$33.90-1.54%
Stellar
$0.321374-0.99%
Dogecoin
$0.239557-1.42%
Chainlink
$27.97-2.22%
Uniswap
$24.19-2.88%
Polygon
$1.35-4.79%
Litecoin
$179.80-1.96%
Bitcoin Cash
$633.78+0.03%
Algorand
$2.10+5.75%
Cosmos
$39.11+13.74%
Wrapped Bitcoin
$47,848.03-0.92%
Filecoin
$83.50-3.06%
The Graph
$0.822294-1.97%
Tron
$0.104728-2.96%
Ethereum Classic
$56.59-1.66%
Aave
$351.86-2.65%
Tezos
$6.40+3.21%
EOS
$5.24+0.17%
NEO
$49.13-0.91%
Monero
$268.88+0.68%
IOTA
$1.61-3.69%
BitTorrent
$0.003910-1.66%
Bitcoin SV
$158.68+0.31%
Waves
$28.49-2.45%
Maker
$2,821.85-0.76%
Dash
$197.23-3.14%
Decred
$140.22-5.55%
Decentraland
$0.812711-2.03%
ICON
$1.88-3.07%
NEM
$0.181999-1.83%
Zcash
$138.31-2.55%
Qtum
$12.37-2.17%
NuCypher
$0.330118-1.29%
Bitcoin Gold
$65.89-1.64%
Yearn Finance
$33,319.00-1.65%
OmiseGO
$8.71+0.96%
Basic Attention Token
$0.743000-2.64%
0x
$1.10-0.25%
Paxos Standard
$0.999967-0.01%
Ren
$0.951179-12.21%
Fetch.ai
$0.817535-4.48%
Bancor
$4.04-1.88%
Band Protocol
$9.21-0.67%
Siacoin
$0.018685+0.14%
Kava.io
$6.24-0.32%
Nano
$5.62-0.30%
Loopring
$0.456399-1.39%
Storj
$1.37-1.41%
Civic
$0.521559-3.76%
Lisk
$3.56-0.30%
Numeraire
$46.48+1.30%
Orchid
$0.370076+0.11%
PAX Gold
$1,768.10+0.12%
Augur
$25.99-1.08%
Aragon
$6.32+5.06%
Enzyme
$120.05+4.54%
district0x
$0.175088-0.36%
Kyber Network
$1.79-2.25%
SingularDTV
$0.001428-3.32%
Tether
$1.00+0.02%
USD Coin
$1.00+0.01%
Dai
$1.00-0.04%

BREAKDOWN: Libra Plus? A New Global Digital Currency Strategy for Facebook

India’s Supreme Court overturns a crypto banking ban while Facebook prepares fiat-pegged digital currencies alongside Libra

Listen on:

Your Host

On this episode

Yesterday, The Information reported that Facebook’s Calibra wallet would be abandoning the backed-by-a-basket-of-currencies Libra for a set of fiat-backed digital currencies for different regions. The company quickly amended that while they would be launching those fiat-based digital currencies, they weren’t abandoning Libra. In this episode, @NLW argues that these fiat digital currencies could be more readily adopted initially than Libra among Facebook’s existing user base.

Also on this episode, huge news out of India, as the Supreme Court reverses a decision by the Reserve Bank of India from 2018 to ban crypto banking. The move could breath life into an industry which has largely shuttered in India since the initial ban.

Finally, a news roundup including a lawsuit against Twitter around de-platforming and a new router from HTC that can also run a bitcoin full node.

Loading...