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Lamb to Slaughter? Visa Follows Zuck into Facebook’s Centralized Crypto

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1 year ago

June 14, 2019

By CCN Markets: Facebook has managed to lure some big names to support its cryptocurrency endeavor. According to a report in the Wall Street Journal, payment giants Visa and Mastercard in addition to PayPal and Uber have all jumped onto Mark Zuckerberg’s crypto bandwagon. They are each going to pour $10 million into the project for the opportunity to be part of the governance structure of the new cryptocurrency. They even have a name and will be part of what Facebook is calling the Libra Association in a nod to the codename of crypto project. It’s understandable why payment companies

The post Lamb to Slaughter? Visa Follows Zuck into Facebook’s Centralized Crypto appeared first on CCN Markets

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Japan Is Seriously Considering a Digital Yen: Report

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As rivals and allies move forward with their own CBDC plans, Japan will seriously consider a digital yen as part of this year’s policy agenda.

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