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Coinbase Legal Chief Says Private Sector Should Build US Digital Dollar
5.11.2019
Coinbase chief legal officer Brian Brooks thinks the private sector is best positioned to build America's digital dollar
EU Drafts Response to Facebook's Libra, Crypto
5.11.2019
This Friday, EU finance ministers might discuss a new draft that urges the Union to develop a common approach to cryptocurrencies, including possibly banning projects deemed too high-risk. Moreover, it states that the European Central Bank should consider issuing a public digital currency, Reuters...
Facebook’s Calibra Exec: Libra Is More Like Email Than PayPal
5.11.2019
Libra is an interoperable protocol like email, not a payment service like PayPal, Calibra’s VP of product says
Int’l Regulator: Stablecoin ‘Structure’ Determines If It’s a Security
5.11.2019
Some stablecoin implementations are securities, according to international securities regulator IOSCO
Can We Expect Libra to Build Trust Over the Loss of Confidence on Facebook?
5.11.2019
When Facebook reported in June that it has plans to launch its Cryptocurrency named “Libra,” it gave the cryptocurrency sector the much-needed hype. With a major name like Facebook evaluating a Bitcoin-like offering, traders from crypto remarked that digital currencies can gain standard...
23 Central Banks Divulge Their Digital Currency Requirements
2.11.2019
Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their...
JP Morgan CEO Jamie Dimon Remarks Libra “could perchance per chance no longer ever happen”
1.11.2019
JP Morgan Chase Chief Executive Jamie Dimon took the crypto niche in a blow by giving some strict remarks on Facebook’s stablecoin, Libra Project. The spearhead added on to fuel the skepticism air that is hovering over the project since the announcement of its launch. He stated that Libra is...
Facebook's Libra Can Still Take Off in this Scenario
1.11.2019
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Facebook’s Libra cryptocurrency has suffered a few setbacks recently. As well as facing pressure from global regulators, seven of its 28 founding members have left the project – including high profile firms PayPal, Visa, Mastercard, eBay and Stripe....
Why Libra Isn’t Ready and Congress Not Buying Zuckerberg’s Testimony
1.11.2019
Facebook should stop pretending it has no control over the Libra Association, accept it, and move on
Expert: US Should Cut Crypto Firms Some Slack to Compete With China
1.11.2019
The United States must catch up with China when it comes to central bank digital currency, say analysts
U.S. Congressman Tom Emmer Announces Plan to Launch a New Bill For Cryptocurrencies and Other Evolving Technologies
31.10.2019
Tom Emmer, the U.S Congressman’s recent announcements concerning the introduction of new legislation during the hearing of the House Financial Services Committee, has created a lot of buzz in the digital currency domain. The dignitary stated that the legislation would provide the necessary aid...
Five European Union Countries Team Up to Block Libra: Report
30.10.2019
France, Germany, Italy, Spain and the Netherlands have teamed up to encourage the European Union to ban Libra altogether, a new report says
Libra Chief David Marcus Opens Up About Libra’s Potential to Outperform Other Anti Money Laundering Systems
30.10.2019
David Marcus, the spearhead of Facebook’s Libra Project bragged about the social media giant’s highly anticipated stablecoin and its potential to curb money laundering practices in the best possible way in comparison to the current payments systems. The Libra chief shared his views on...
Calibra Head David Marcus Touts Libra’s Money Laundering Standards
29.10.2019
Calibra wallet head David Marcus says that Libra’s anti-money laundering compliance will be better than many alternatives
How Governments Will Kill Libra
29.10.2019
Major players in global electronic payments are shying away from Libra, spooked by the scrutiny Facebook’s operations are attracting from regulators around the world.
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Barely six months after Facebook announced its own digital currency, a plan heralded as...
Speculation Abounds Over the Cause of Bitcoin’s Recent Rally
29.10.2019
Crypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018 and early 2019’s bleak crypto winter. Since the recent spike, prices have held relatively steady...
Ex-Official Trolls Libra, Says China Likely to Issue Digital Currency First
28.10.2019
China's central bank could be the first to issue its own national digital currency, a former official said, while contending that Libra was doomed
Chinese Official Warns Libra Could Abet Illegal Cross-Border Transfers
28.10.2019
Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday
Libra Might Become Unrecognizable by Navigating Regulatory Concerns
28.10.2019
Regulatory hostility and adoption concerns are some of the issues that Libra will have to face as it moves to release its controversial payment system
Bitcoin Madness, Zuckerberg in Congress, China’s Blockchain Plans: Hodler’s Digest, Oct 21–27
27.10.2019
In this week’s Hodler’s Digest, Bitcoin hits $10,000 days after five-month lows, China wants to accelerate blockchain adoption, and Cointelegraph is back on Facebook