Libra Association: Can HSBC Levey actualize goals?
Libra Association, the entity managing the Facebook Inc-led effort to build global digital currency Libra announced on Wednesday the appointment of Stuart Levey as its first Chief Executive Officer. Facebook shocked the globe the previous summer when Facebook revealed plans for the Libra stablecoin project, “a new world payment system.” Nevertheless, it did not take […]
Consumers pick CBDCs over decentralized cryptocurrencies, survey
A joint survey conducted by The Economist and Crypto.com reveals that consumers would rather prefer central bank digital currencies (CBDCs) than place their trust in decentralized crypto assets like Bitcoin. It is a known fact that the number of central banks looking to tap into positive crypto sentiments by introducing their own CBDCs has seen […]
FBI arrests Russian rapper for crypto money laundering
US authorities have arrested a Russian rapper who is alleged of crypto money laundering while using his Instagram post as evidence against him. As per the court documents, rapper Maksim Boiko is accused of crypto money laundering by the FBI. The FBI claims that Boiko laundered money through the crypto exchange platform BTC-e. Moreover, Boiko […]
