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Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official
10.9.2019
Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said
Facebook Adds Singapore Dollar to Libra Crypto Basket: Report
10.9.2019
Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin
Report: Libra Stablecoin Tied to Major Currencies, Maybe Not Yuan
10.9.2019
Facebook has reportedly provided the U.S. Senate with details regarding the backing reserves for its Libra stablecoin
Former US Congressman Calls for Nuanced Cryptocurrency Regulations
9.9.2019
Former congressman Harold J. Ford says that lawmakers and regulators should develop clear regulations for digital currencies
China’s New Digital Currency Will Be Similar to Facebook’s Libra
9.9.2019
Changchun Mu, the Digital Currency Research Institute chief and former deputy director of the payments and settlement division at the People’s Bank of China (PBoC) commented on their newly proposed digital yuan. He revealed that the new digital currency bears similarities with Facebook’s...
Bitcoin’s Scaling Problems Forced Facebook to Launch Libra
8.9.2019
If it wasn’t for Bitcoin there would be no Libra. That much is self-evident, since Satoshi’s creation laid the groundwork for every crypto asset that’s followed. The extent to which Bitcoin was responsible for spawning Facebook’s currency has now been made brutally clear...
The Fed Chair Jerome Powell Commented That the Consumers Are Not ‘Clamoring For Central Bank Backed Cryptocurrencies’
8.9.2019
Addressing a forum sponsored by the Swiss Institute of International Studies, in Zurich, Switzerland, on Sept. 6, the Federal Reserve Chair Jerome Powell answered questions about the issue of cryptocurrencies. He stated that the central bank is not “actively considering” minting...
Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own
7.9.2019
Federal Reserve Chairman Jerome Powell argued that central banks will not likely release their own digital currency in the near term
Facebook Hires on New Lobbyists for Libra Stablecoin Project
6.9.2019
Facebook has hired two more lobbyists to help the release of its forthcoming Libra stablecoin
New Head of China’s Digital Currency Says It Beats Facebook Libra on Tech Features
6.9.2019
The PBoC's new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra
EU Scrutinizes Libra for ‘Potential Anti-Competitive Behavior’
5.9.2019
According to recent reports, EU antitrust regulators have been investigating Facebook Inc.’s new launch in the cryptocurrency, Libra. The Commission is ‘currently investigating potential anti-competitive behavior’ associated with the Libra digital project through the concerns about...
Crypto Banking Regulation Around the World, First Signs of Growth
4.9.2019
As crypto banking becomes ever more popular, regulations surrounding these emergent institutions remain unclear. So, how exactly are the crypto banks of the world regulated?
Biggest Problems With Stablecoins, Explained
2.9.2019
Concerns over transparency and reserves are lingering over stablecoins, with big players facing regulatory pushback as they try to launch their own currencies #CT_sponsored
ECB’s Mersch Warns Over ‘Treacherous Promises’ of Facebook Libra
2.9.2019
The central bank board member has warned of the threat posed by Facebook's Libra to monetary policy and consumers in the EU
500,000 BTC Payout, Sudden Slump: Hodler’s Digest, Aug. 26–Sept. 1
1.9.2019
In this week’s Hodler’s Digest, Bitcoin back in four figures, Craig Wright ordered to pay 500,000 BTC, and French police shut massive botnet
How Facebook Libra Is Seeking Compliance, but May Not Launch by 2020
31.8.2019
Libra is facing stiff competition on all fronts with the U.S. government setting up regulatory roadblocks and competitors launching their own versions. How is the project coping?
Binance Proposes Venus To Be Regulatory Focused Stablecoin Platform
31.8.2019
Facebook, the social media giant, has become the center of attraction of financial discussions since the news of the launch of its cryptocurrency, Libra. Being one of the most anticipated projects, Libra, on the contrary, had to face a lot of backlashes owing to its security and regulatory...
Binance: Venus Project Will Court Regulators, Avoid Facebook’s Mistakes
30.8.2019
Binance Venus to take more conservative approach with a focus on regulatory compliance
Bug Bounty Program of Libra Association Opens Door to Public Scrutiny
28.8.2019
The social networking giant, Facebook, is leaving no stone unturned to make its well-planned cryptocurrency, Libra’s, launch a massive success. In its attempt to induce an increased amount of external contributors to its much-anticipated project, Libra, the Libra Association has announced a ‘Bug...
Swiss Central Bank SNB Is in Close Contact With Facebook’s Libra
27.8.2019
Switzerland’s central bank SNB is in close contact with the relevant authorities over Facebook’s Libra crypto project, Reuters reports