German Finance Minister Says He Does Not Support Private Cryptos: Report
Olaf Scholz said banks need to adapt for a digital world but seemed to rule out private digital currencies from that future.
Libra
German Finance Minister Olaf Scholz took aim at the rebranded lDiem and said it would take more than cosmetic changes to smoothen regulatory concerns.
Spotify Looking for Associate Director to Lead Activity on Libra Project, Other Crypto Efforts
Dec 4, 2020
The world's largest audio streaming service is on the hunt for a new associate director to lead its activity within the libra stablecoin project.
What Are Stablecoins?
Dec 29, 2020
A stablecoin is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price.
The Libra Association is rebranding itself as Diem to distance itself from the original multi-currency stablecoin vision as it prepares for a possible 2021 launch.
Libra might eventually get off the ground as early as January albeit in a more limited format.
Libra
