The French finance minister has said Libra is an “unacceptable” challenge to state sovereignty and suggested political motives behind the project.
Bank of America, the second-largest U.S. bank, has discreetly tested out Ripple’s distributed ledger technology – and may be planning to do more with it.
Bitcoin is looking increasingly weak, having closed below $8,000 on rising trading volumes Wednesday.
The system records the weight and location of the scallops as they are taken from the ocean and tracks them across the supply chain.
Purported crypto and forex investment firm Circle Society is accused by the CFTC of operating like a Ponzi scheme.
For many of these bitcoin users, crypto payments are merely a last resort and fiat transfers are still generally easier.
Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live.