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A recent report claims that tech giant Facebook (now known as Meta) is still planning on developing its own digital currency despite previous failures in the crypto space. Mark Zuckerberg and the Masters of the Universe are reportedly exploring the "least regulated way to offer a digital currency."
The nascent global tokenisation market is expected to grow to $4.8bn by 2025 from a current $1.9bn
The nascent global tokenisation market is expected to grow by 19.5 per cent a year, from $1.9 billion to $4.8bn by 2025
Digital currency group Diem Association, formerly known as Facebook Inc's Libra project, plans to launch a U.S. dollar stablecoin as it scales back its global ambitions to focus on the United States, the group said on Wednesday. The association, which comprises 26 financial firms and non-profits, said it was relocating its main operations from Switzerland to the United States and withdrawing its payment system license application with the Swiss financial regulator. Diem Networks U.S., a unit of the Deim Association, will run a blockchain-based payment system that allows real-time transf...
You have successfully joined our subscriber list. Per the new version of the Safe Harbor proposal, if a project meets neither of the specified requirements, it will have a few months to register with the SEC as a securities issuer. Providing regulatory clarity for the cryptocurrency ecosystem in the United States has never been easy. This may perhaps be because of the lack of preparation on the part of the authorities for such intrusive innovations as blockchain technology and its accompanying crypto inventions. The lack of regulatory clarity has spelled many woes for fintech firms building p...