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Lawmakers Amp Up Pressure on Facebook to Halt Libra Cryptocurrency Development
17.7.2019
U.S. lawmakers repeatedly pressed Facebook's top blockchain exec to halt development of the Libra cryptocurrency in Tuesday's hearing
The Swiss Are Onto Something: Facebook, Libra and the Case for Decentralization
4.7.2019
A recent letter from the U.S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not only in America, but worldwide. House Chairwoman...
US House Of Representatives Expresses Doubts On Facebook’s Libra Project
28.6.2019
The ambitious cryptocurrency project of Facebook, Libra immediately got surrounded by questions on privacy soon after it disclosed its plan to launch. The director of FinCEN, Kenneth Blanco, questioned about the potential usage of Libra in money laundering, criminal financing, and other unlawful...
US Lawmakers Question FinCEN on Terrorist Use of Facebook’s Libra
27.6.2019
U.S. lawmakers questioned FinCEN director Kenneth Blanco about potential terrorist use of Facebook's libra cryptocurrency
G20 Policymakers to Discuss Regulations Proposed by Crypto Industry
27.6.2019
As world leaders start arriving for the G20 summit in Osaka, Japan, policymakers and crypto industry representatives are convening at another summit to discuss the implications of proposed global standards for crypto assets and service providers, as well as solutions that will minimize unintended...
US House of Representatives to Hold Hearing on Facebook’s Libra in July
24.6.2019
Facebook will testify before two government committees on its proposed virtual currency Libra on July 16 and 17
PR: Legislators Support V20 Summit in Response to New FATF Rules
18.6.2019
Legislators have shown their support for the V20 Summit which is set to take place alongside the G20 Leaders Summit in Osaka, Japan, 28 & 29 June 2019. The event will convene G20 representatives, national blockchain associations, the world’s leading Virtual Asset Service Providers (VASPs)...
New Cryptocurrency Bill Advances in Japan, Regulator Explains
30.5.2019
Japan’s House of Representatives has passed a new cryptocurrency bill with additional requests for the government to incorporate into law. News.Bitcoin.com talked to Japan’s top financial regulator to find out the implications of this bill and the proposed resolution. Also read: Indian...
IRS Plans to Issue Guidance on Virtual Currency Taxation
21.5.2019
Internal Revenue Service (IRS) commissioner Charles Rettig has explained to U.S. representatives that the tax department plans to issue clearer guidance toward cryptocurrency taxation soon. Since 2014, Americans have been asking the tax agency for better clarification in regard to official...