All tulips must wilt

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It’s a bad day in the world of cryptocurrency. After recovering some during the summer, the value of bitcoin and other cryptocurrencies are sharply down over the last several weeks. Looking back a month, bitcoin was worth around $8,500 a … Continued

Dutch court orders Facebook to ban celebrity crypto scam ads after another lawsuit

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A Dutch court has ruled that Facebook can be required to use filter technologies to identify and pre-emptively take down fake ads linked to crypto currency scams that carry the image of a media personality, John de Mol, and other … Continued

A Chinese digital currency is the real threat, not Facebook’s Libra | Kenneth Rogoff

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Western governments need to start thinking about their response to currencies they cannot control The Facebook chief executive, Mark Zuckerberg, was at least half right when Congress that there measures were quickly lifted. For Russia, sanctions have been in place … Continued

Libras critics are missing the forest for the trees

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Nik Milanovic proposed stablecoin. jumped shipdirect pressureturned intoassailedannouncedCritics, though well-intentioned, are missing the forest for the trees. Governments should heed the lesson of the U.S.-Soviet space race of the 1970s and use the idea behind Libra, if not the project … Continued