Author: Thomas_Prendergast

Swiss President Says No’ to Libra Project

Swiss President Says ‘No’ to Libra Project In theory, Libra was presupposed to be managed by a Geneva-based independent association linking several companies and non-profit group s. Swiss outgoing President and Finance Minister Ueli Maurer said on Friday that Facebook’s Libra project “failed in its current form and needs reworking to be approved.” He said: […]

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Ripple Expands South American Presence With Brazillian Partnership

Ripple Expands South American Presence With Brazillian Partnership Ripple, the company behind the third-largest cryptocurrency XRP, will be reportedly expanding its presence in Brazil. Just months after it launched new operations in the country, Ripple is expected to announce new partnerships with other major institutions, such as digital banks. Ripple Expands Brazilian Influence Ripple is […]

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Japan’s GMO Internet to Roll Out Yen-Backed Stablecoin in Q1 2020

Japan’s GMO Internet to Roll Out Yen-Backed Stablecoin in Q1 2020 GMO Internet, Japan’s information technology heavyweight and bitcoin (BTC) trading service provider, has announced that it’s now putting the finishing touches to its yen-pegged stablecoin dubbed GMO Japanese Yen (GYEN), alongside its proprietary distributed ledger technology (DLT) network which is slated to go live […]

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