Facebook is once again defending Libra — this time against fears that the envisioned cryptocurrency could replace sovereign currencies from the U.S. dollar to the Euro and threaten central banks’ control over money creation.
Deutsche Börse has established a new business unit focused on financial intelligence in investment management, following the closure of its acquisition of analytics firm Axioma.
Virtu Financial has confirmed an extension of its transaction cost analysis (TCA) and market impact models to cover foreign exchange and fixed income markets.
French and German regulators have launched a new attack on Facebook’s Libra, saying that it is a threat to the financial sovereignty of nations. In response, the Libra Association has promised to work with regulators, but committed to a 2020 launch.
Bill Gates speaks to Bloomberg’s Erik Schatzker at the Foundation’s HQ in Seattle. On Tuesday, the foundation released its annual Goalkeepers report. The study seeks to monitor and aid the progress of the United Nations in achieving in its Sustainable Development Goals, which the foundation says are being hindered by persistent inequality.