Blockchain Today Weekly Digest: Part 2
23 Sep — 29 Sep
This week was full of news. The price of Bitcoin was falling, IMF advised to create a synthetic digital currency, disputes about the Libra did not subside.
- IFRIC did not recognize Bitcoin as legal tender
Bitcoin and other cryptocurrencies are neither a financial asset nor a legal means of payment, according to the decision of the IFRIC. At an IFRIC meeting this summer, cryptocurrencies were classified as intangible assets — identifiable non-monetary assets that have no physical form.
Read more on Blockchain Today
2. IMF proposes to attract private companies to launch CBDC
A synthetic central bank digital currency (sCBDC) based on public-private partnerships is better than a fully functional CBDC. It was said by the International Monetary Fund.
Read more on Blockchain Today
3. Facebook wants Sandberg to testify to the House next month
Facebook negotiates with a key congressional committee for Chief Operating Officer Sheryl Sandberg to testify as soon as next month amid topics about the corporation’s market control and its programs of launching a digital currency Libra.
Read more on Blockchain Today
That’s all. You can read more news on Blockchain Today. Follow us for reading our weekly digests and always be updated!
