View full page at cryptocraft.com

 

Stable Value Cryptocurrencies Need Regulatory Clarity

From forbes.com

Facebook recently announced that it would soon be getting into the cryptocurrency business, and that it would create its own utility token that would ultimately allow its two billion users to send funds to their contacts. Other messaging apps such as Signal and Telegram have also announced their intent to offer similar products to their customers in the near future as well. However, this development does not mean that a new speculative crypto currency craze may be on the horizon. These cryptocurrencies would be unlike Bitcoin and its ilk in that they would have a stable value--Facebook, for instance, would peg its ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis