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Ripple whitepaper recommends cryptocurrency XRP as CBDC intermediary

The Paypers

Payment protocol Ripple has released a whitepaper document stating that the cryptocurrency XRP could act as an intermediary to connect different central bank digital currencies (CBDCs).

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Here’s How 10 APAC Markets Are Approaching Crypto Regulation

Fintech News

TRM Labs’ Global Crypto Policy Review & Outlook 2023/24 delves into the advancements in regulation as well as the regulatory challenges faced by major APAC markets, shedding light on their unique strategies and key developments in navigating the complex world of cryptocurrency. This transition is currently in progress.

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Big Fizzle: Marcus Libra Optimism A Fizzle In The Making?

PYMNTS

As reported, Facebook’s beleaguered cryptocurrency — which is being questioned by what seems a global tidal wave of regulators — managed to garner more than 20 backers. David Marcus, the co-creator of Facebook’s Libra cryptocurrency, told CNBC that the defections and the churn did not amount to a “tough week.” It’s a whitepaper.

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The 4 Key Clues To Understanding The Future Of Facebook’s Libra

PYMNTS

The Facebook Libra whitepaper states that Association Members must agree to operate as validators on the network. For many regulated, compliant global players like Visa, Mastercard and PayPal, that could come as a big ask, particularly since it means saying yes to processing transactions that use the Libra cryptocurrency.

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What Is Blockchain Technology?

CB Insights

Cryptocurrencies. As of this writing in mid-November 2017, the total market capitalization of cryptocurrencies hovers around $220B (with a single bitcoin trading for upwards of $8,000). Bad investment decisions by major banks had proved catastrophic, with rippling consequences. Blockchain. Initial coin offerings. Hard to say.

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If Facebook Wants To Be WeChat, Why Did It Launch Libra?

PYMNTS

Facebook’s launch of Libra on June 18 unleashed a firestorm of media coverage, mostly repetitive, and mostly a piling on over the regulatory bear that it poked when unveiling its global payments plus cryptocurrency plans. The Facebook Libra whitepaper states that Association Members must agree to operate as validators on the network.

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What We’ve Learned From Libra

PYMNTS

The launch of Libra ignited a global debate over the role of cryptocurrencies in payments and financial services. Some central bankers have expressed interest in creating digital fiat currencies – and one country, China, says it’s ready to launch its own version of Libra. Except that’s not what the Libra whitepaper says.