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Indian Finance Minister Answers Crypto Questions at IMF Meeting
21.10.2019
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. Also read: Indian Supreme Court...
Libra Could Drop ‘Basket’ and Issue Individual Fiat Stablecoins
21.10.2019
Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate
JP Morgan CEO Says Facebook’s Crypto Project Libra “Will Never Happen”
21.10.2019
Jamie Dimon, CEO of JP Morgan Chase, has voiced his opinions on Facebook’s ambitious and much-talked-about digital currency project Libra. In Dimon’s words, Facebook’s digital currency project Libra is a neat idea that will never happen. He, however, refrained from elaborating on the reasons behind...
Minister Says India, Like Other Nations, Extremely Cautious on Libra
21.10.2019
India’s finance minister says many countries are cautioning against rushing ahead with Libra
Does Facebook’s Libra Plan B Involve Going Head-to-Head with Binance?
21.10.2019
Facebook has revealed that it has an alternative to its proposed Libra token – multiple stablecoins, all pegged to a national fiat. And it’s a scenario that could well put the social networking platform on a collision course with Binance’s Venus project.
Per Reuters, Facebook’s blockchain chief...
It’s Not Time to Write Libra’s Crypto Obituary Just Yet
21.10.2019
The recent spate of bad news for Libra isn't necessarily a death knell for the project, writes Mike J. Casey
Report: Facebook Could Use Fiat-Pegged Stablecoins for Libra
20.10.2019
Calibra CEO David Marcus reportedly said that Libra would be open to using national fiat-pegged stablecoins at a banking seminar on Sunday
Libra Loses Key Members, Potentially Forked — Still Looks Confident
20.10.2019
Libra is acting confident ahead of Zuckerberg’s testimony before U.S. regulators — even despite losing a quarter of its members
Libra Surprise, Telegram Drama, Cointelegraph Blocked: Hodler’s Digest, Oct 14–20
20.10.2019
In this week’s Hodler’s Digest, a New York court postpones Telegram’s TON hearing, Mark Carney defends Libra, and Russia blocks Cointelegraph
Crypto News From the German-Speaking World: Oct. 13–19 in Review
20.10.2019
This week’s selected cryptocurrency news from the German-speaking world, courtesy of Cointelegraph auf Deutsch
Alipay Denounces Bitcoin OTC Trading: Regulatory ‘Gray Area’ in China
19.10.2019
Despite the 2017 crypto trading ban, high-volume Bitcoin exchange is still possible in China via OTC desks run by major exchange platforms
G20 Finance Leaders: Stablecoins Present Serious Regulatory Risks
19.10.2019
The G20 nations agree that global stablecoins present serious public policy and regulatory risks
Jamie Dimon About Libra: ‘A Neat Idea That Will Never Happen’
19.10.2019
Jamie Dimon spoke about Facebook’s Libra stablecoin and highlighted JPMorgan’s JPM Coin in a speech at the Institute of International Finance
German Minister Doubles Down on Statements Against Facebook’s Libra
18.10.2019
German Federal Minister of Finance Olaf Scholz has again stated that policymakers should prevent the issuance of Facebook’s Libra stablecoin
FATF Raises Money Laundering Concerns Over Libra and Stablecoins
18.10.2019
FATF joins other authorities voicing concerns about Facebook’s Libra
ECB Executive Board Member Says There is a Requirement of ‘Highest Regulatory Standards’ on Stablecoins
18.10.2019
Benoit Coeure, the respectable Executive Board Member of the European Central Bank, has urged a need for a stringent supervisory framework for governing digital currencies and stablecoin projects like Facebook’s Libra, stated a report by Bloomberg on Thursday, i.e., October 17. Mr. Benoit in...
Group of Seven Report Says That Libra Launch Should Be Halted Until Risks Are Addressed Adequately
18.10.2019
The Group of Seven has brought Facebook’s Libra project under the spotlight once again, and to the social media giant’s horror, the news is certainly not welcoming. “Facebook should not launch the global digital currency Libra until proper regulations are in place to handle the potential risks,”...
Does Bitcoin Have Competition?
18.10.2019
Every time cryptocurrencies are brought up in conversations, the first thing that comes to one’s mind is bitcoin. And indeed, since the bitcoin came into existence many years ago, there was nothing similar on the market. It entered our lives slowly and left such an impression that no one even...
Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7
18.10.2019
A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability
G7 Task Force Releases Full Report on Impact of Global Stablecoins
18.10.2019
Stablecoins could present a significant risk to global financial stability but hold promise for payment systems, says G7 report