Jeremy Allaire’s Circle the Latest to Distance Itself from Facebook’s Libra

Jeremy Allaire’s Circle issued a U.S. dollar-backed stablecoin before stablecoins were cool. Now that Facebook has joined the fray with its Libra coin, which is designed to be backed by a basket of fiat currencies (and maybe other financial instruments), the spotlight on stablecoins has grown brighter. But Allaire, who is testifying in front of […] The post Jeremy Allaire’s Circle the Latest to Distance Itself from Facebook’s Libra appeared first on CCN Markets

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Fund Manager: US Might Have Already Lost Crypto Innovation Race

As U.S. lawmakers wrestle with what to do with Facebook’s Libra, they are being forced to confront another digital currency that they’ve been trying to avoid like the plague – bitcoin. Unfortunately, the longer lawmakers wait, the more left behind the U.S. becomes as crypto innovation goes elsewhere. Even Facebook chose Switzerland for its Libra […] The post Fund Manager: US Might Have Already Lost Crypto Innovation Race appeared first on CCN Markets

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Gen Z Hates Crypto. Can Facebook’s Libra Change That?

Most “Gen Z” Americans have no plans to get into crypto. Hard to believe as it may seem, this was the result of a survey of 1,884 young Americans published by Business Insider. The firm responsible for conducting the investigation was Cint, a company specializing in the analysis and exchange of data. The study wanted […] The post Gen Z Hates Crypto. Can Facebook’s Libra Change That? appeared first on CCN Markets

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