Fb says Libra may just use a sequence of cryptocurrencies pegged to other currencies

Fb's David Marcus says Libra may just use "a series of stablecoins" pegged to currencies just like the buck, the euro and sterling.
Facebook's David Marcus says Libra could use "a series of stablecoins" pegged to currencies like the dollar, the euro and sterling.

Original articleOriginal article
Author: Cnbc

Cnbc has recently written 10 articles on similar topics including :
  1. "It's been a brutal year for tech stocks, which means there may be opportunities for investors to scoop up some names at a good price". (December 3, 2022)
  2. "Former President Donald Trump had strongly opposed the proposed tax arrangements, saying they discriminated against American firms". (January 25, 2021)
  3. "Bitcoin hit a record high on Wednesday in anticipation of Coinbase's direct listing. According to Mark Cuban, this isn't the peak for the cryptocurrency, but it's still volatile". (April 15, 2021)
  4. "An AI chip craze, driven by demand for AI-powered chatbots and high-powered graphics processing units has seen investors piling into certain stocks with some raising concerns of a bubble". (May 30, 2023)
  5. "The orange bitcoin car in Davos belongs to Michael Chobanian, the founder of Ukrainian cryptocurrency exchange Kuna". (January 19, 2023)
  6. "Apple, Google and Amazon are passing some of the costs of digital taxes to smaller companies". (September 3, 2020)
  7. "Google spent more than $1.9 million in lobbying in the third quarter, a 14.2% increase from the prior quarter". (October 21, 2020)
  8. "Facebook announced it will now ban content that "denies or distorts the Holocaust," reversing its earlier policy". (October 12, 2020)
  9. "A surprise move by BlackRock gave a much-needed confidence boost crypto, which has been crushed by the weight of the SEC for several weeks now". (June 19, 2023)
  10. "Bitcoin's market dominance has been climbing in March and is now up to levels not seen since June". (March 24, 2023)
Posted on  , , , , , , , , ,