Federal Reserve Is Rushing to Get Its Instant Payments Offering Ready

COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away.

Libra Hasn’t Abandoned Multi-Currency Stablecoin: Policy Director

The Libra Association's head of policy said ongoing dialogues with central bankers had not dented their original ambition.

Blockchain Tech Vendor Bison Trails Adds Ethereum 2.0 Support

Bison Trails announced it would provide services to help its clients transition to the Ethereum 2.0 network.

EU Creating a Regulatory Regime for Cryptocurrencies, Says Economic Chief

The planned regulatory regime could include stricter rules for projects deemed "global stablecoins," a subtle reference, possibly, to Libra.

Blockchain Bites: Rethinking Libra, Craig Wright and Something Smells Fishy in Blockchain

Craig Wright will go to trial, while IBM and a Norwegian association team up to track salmon on blockchain.

CBDC Issuance Is ‘Not a Reaction’ to Libra, Says Central Bank Body

The Bank for International Settlements appears to contradict its own prior statements in a new digital payments report.

Fed Economists Call Fears of Original Libra Stablecoin ‘Overstated’

Economists at the Federal Reserve suggest Libra – in its original, basket-backed stablecoin form – might not have had as severe an impact on financial stability as policymakers suggested last year.

Libra Is Ready for the Digital Money ‘Space Race’: Dante Disparte

Libra's most vexing challenge may be juggling inclusion and compliance. But policy chief Dante Disparte says the project is not giving up on reaching the unbanked.

How a Fatal Weakness Forced Libra to Capitulate

While Bitcoin created an alternative financial system independent of government, Libra’s architecture depends on the existing fiat currency system – and on the whims of the governments that control it.