All news by: Andries Verschelden, Partner, Armanino LLP

Libra’s Impact of the Crypto Industry – The iPhone Moment?

If you are in the crypto industry you undoubtedly have witnessed the most important components of lofty whitepapers left unaddressed. They have left you to read between the lines regarding financial inclusion and there are some very important considerations left untreated (regulatory matters, fiat on-ramping, whether the system will be focused on peer-to-peer payments, or payments to businesses) in Libra’s latest whitepaper and details. Outlined in this post are just a few of the important matters that are unspoken, unsettled, or matters which, depending on how they shake out, could significantly impact the future of Libra.