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War over Money reaches new heights, as Libra opts into regulation, China launches national blockchain, and Financial Stability Board raises alarm
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War over Money reaches new heights, as Libra opts into regulation, China launches national blockchain, and Financial Stability Board raises alarm

War over Money reaches new heights, as Libra opts into regulation, China launches national blockchain, and Financial Stability Board raises alarm

Fintech Nexus Staff·
central bank / CBDCChinacovid pandemicmacroeconomicsregulation & compliancesmall businessstablecoins
·Apr. 20, 2020·1 min read

This week, we look at cash — blockchain cash. The war for money is just starting to ramp up, as Facebook Libra explains its new regulated plan, the Chinese national Blockchain Service network goes live, Ethereum stablecoins reach historic market caps in the billions, and the Financial Stability Board recommends to go heavy on global stablecoin arrangements. In 2008, Bitcoin threw a rock through the window of the financial skyscraper, and today we are starting to see the cracks. As the US government runs out of $350 billion in small business bail-out money and gets ready to print more, where do you stand?

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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Ant FinancialBlockchain Services NetworkCCPChinaCodefiConsenSysethereumFabricFinancial Stability BoardInfuraLibra / DiemMetamaskUSDCUSDT
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