Spotify Looking for Associate Director to Lead Activity on Libra Project, Other Crypto Efforts

The world’s largest music streaming service is on the hunt for a new associate director to lead its activity within the Libra stablecoin project, recently rebranded to Diem. According to an announcement, Spotify is looking for an associate director to join its Payment Strategy and Innovation team. The successful candidate will be responsible for defining […]

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Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report

Libra, the Facebook-initiated stablecoin project that’s been targeted continuously by lawmakers, might get off the ground as early as January 2021, albeit in a more limited format than the original multi-currency basket envisioned. According to a report by the Financial Times on Friday, instead, Libra may launch a single dollar-pegged stablecoin next year, according to “three people […]

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From PayPal to Libra: Big Tech Has Forced Central Banks to Wake Up to CBDCs, Says Benoit Coeure

Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to Benoit Coeure, head of the Innovation Hub at the Bank for International Settlements (BIS). In an interview with French newspaper L’Express published on the BIS website Friday, Coeure acknowledged that central banks had been resting on […]

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