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This short paper introduces the Libra project and analyses the potential responses open to regulators worldwide.
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A study done by the University of Texas published in June of last year was making the claim that Bitcoin’s price was majorly affected by the issuance of new USDT tokens. Just recently, research performed by TokenAnalyst.io shows that when Tethers are issued, the Bitcoin price rises as much as 70% of the time.
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The Parliament of Liechtenstein approved the Blockchain Act, which aims to improve investor protection, combat money laundering and establish clarity. The new law will enter into force on Jan. 1, 2020.
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Over the past 10 years mobile-based lending has grown in Kenya, but there are concerns about the business model. The most prominent is the debt culture that has become a byproduct of mobile-based lending: borrowers fall into the trap of living on loans and accumulating bad debt.tags: Fintech MobileMoney