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Lagarde Sees Demand for Stablecoins, Plans to Put ECB ‘Ahead of the Curve’
13.12.2019
At her first press conference as head of the European Central Bank (ECB), Christine Lagarde outlined her plans to lead the ECB “ahead of the curve” in the field of digital currency. “There is clearly a demand out there that we have to respond to,” she said, referring...
MARKETS DAILY: Billion Dollar Returns Removed From Libra White Paper
12.12.2019
With markets continuing their decline, we're hunting for billion dollar returns and the Libra Investment Token in a major revision to the Libra white paper
Deutsche Bank Report Considers Libra Project as a Catalyst in Crypto Mass Adoption
12.12.2019
Having been subjected to global backlash and criticism, Facebook’s stablecoin Libra project has finally received a welcoming note from a renowned financial entity, the Deutsche Bank. Based in Frankfurt, the bank said in a statement that Libra can play a major role in giving a boost to the crypto...
2019 in Review: Nic Carter on Quadriga, Libra and Other Suspect Projects
10.12.2019
VC Nic Carter discusses Quadriga, Libra, and why bitcoin mattered more than ever this year
Regulatory Roundup: Bitcoin Futures Fund Approved, India’s RBI-Backed Digital Currency
9.12.2019
In this regulatory roundup, we cover the U.S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U.S. government toward crypto regulation. We also cover India’s central bank digital currency plan, South Korea’s crypto...
EU Finance Ministers Place Defacto Ban on Libra
6.12.2019
Libra’s ongoing organizational snags and run-ins with regulators continue into December, as EU finance ministers agreed Thursday that Libra cannot be launched in the EU until concerns are adequately addressed. The finance ministers issued a joint statement citing regulatory “challenges...
Mnuchin ‘Fine’ With Libra Launch, But Crypto Project Must ‘Fully’ Comply With AML Rules
6.12.2019
Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter
EU Confirms its Firm Stance on All Stablecoins, Not Facebook's Libra Only
5.12.2019
The EU has taken a firm stance on stablecoins. But a senior government official in Lithuania says the move will not stop stablecoin operators from proceeding with their plans as the EU is not against innovations and simplified payments.
Today, the Council and the commission adopted a joint...
France to Test Its Central Bank Digital Currency in Q1 2020: Official
4.12.2019
French central bank governor wants France to be the first country to issue a central bank digital currency
US Lawmakers Want to Brand Libra a Security, Association Disagrees
1.12.2019
Will Libra be able to operate in the U.S. if Congress classifies stablecoins as securities?
EToro: Facebook Should Drop Libra and Support Third-Party Stablecoins
28.11.2019
Facebook needs to change strategy and focus on the Calibra wallet — not Libra — to assure success, say eToro’s blockchain researchers
Klaytn Blockchain Ahead of Facebook’s Libra Network, Says Kakao CEO
28.11.2019
The CEO of Kakao said that the Klaytn blockchain is similar to Facebook’s Libra network but more developed
Libra Co-founder Says People Don’t Need to Trust Facebook to Trust Libra, but is it True?
26.11.2019
Mark Zuckerberg’s ambitious crypto project Libra has been among the top controversies around the world ever since it was launched back in June. Government authorities all over the world have been raising their concerns about it; while some are raving about the benefits, it can bring to...
Exclusive: ‘Nothing Is Above Bitcoin, No CBDC, No Stablecoins,' Says Blockstream CEO Adam Back
26.11.2019
Just wait until you hear what he has to say about Libra
Bank of Korea (Bok) to Adopt “wait-and-see” Approach for Facebook’s Libra
25.11.2019
Where on the one hand, Facebook, the social media giant is fast pacing towards the launch of its stablecoin project Libra, central banks and regulatory authorities from around the world, on the contrary, are showing some serious concerns over the highly-controversial cryptocurrency project....
Libra Testnet Fails to Impress as New Legislation Looms
25.11.2019
A November 15 blog post by Libra project developers detailing testnet developments has apparently failed to impress government regulators and influential voices in the space alike. CEO of blockchain company R3, David Rutter, commented at a London conference last week that “what they did...
R3 CEO: Facebook’s Announcement of Libra Was ‘Ridiculously Stupid’
22.11.2019
R3 CEO David Rutter has ridiculed the way Facebook introduced its yet-to-be-released Libra stablecoin
New Bill Would Put Facebook’s Libra Stablecoin Under US Securities Law
21.11.2019
American lawmakers have introduced a bill to put Facebook’s Libra under the jurisdiction of the Securities and Exchange Commission
Google, Facebook Take on Banking Duties, Crypto Shrugged to the Side?
21.11.2019
With major tech firms shifting their focus to finance, what does this mean for the future of crypto and the wider financial system?
Paypal CEO Admits He Owns Bitcoin
21.11.2019
The CEO of Paypal, Daniel Schulman, has revealed in an interview that he personally owns bitcoin. He also talked about Paypal’s plans regarding cryptocurrency, how to achieve mass adoption, and why Paypal decided to leave Facebook’s Libra project. Also read: US to Strictly Enforce...