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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...

Facebook chystá opatření na ochranu dětí před sexuálními predátory

21.10.2019
V polovině tohoto roku vyvolal rozruch připravovaný dokument režiséra Víta Klusáka V síti, který mapuje zneužívání dětí na internetu. Problémy tohoto typu řeší také největší sociální síť Facebook. Ten sice vyžaduje po svých uživatelích minimální věk 13 let, přesto zde dochází k nežádoucím kontaktům

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

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

Ripple Faces Roadblocks, Loses 3.7% Over a Day

19.10.2019
Ripple saw a decline of 3.7% in the last one day. The next resistance for XRP may fall at 0.3025 USD. Following the market trend, Ripple (XRP) also has lost 3.70% over the last one day. The value of XRP coin against USD has now gone well below 0.3 USD. It has shown three major … The post...

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

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

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...

What to Expect from Blockchain in 2020?

18.10.2019
The year 2019 is soon coming to an end. We’re only a few months away from stepping into 2020, and the blockchain landscape is changing quickly. It’s been almost two years since the last bull run, and the whole ecosystem has evolved substantially in this period. New players are stepping in and...

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,”...

Litecoin reaches $53; Doesn’t Seem to be a Favorable Day for intraday Investors

18.10.2019
The intraday recovery stalls in Litecoin The current price movement indicates the declining trend Litecoin (LTC) was seen booking losses from the past couple of days. The improvement that the coin faced yesterday was short-lived and the price is turning back and is currently trading at $53....

Facebook Warns that China May ‘Rewire the World’ with the Digital Yuan

18.10.2019
Facebook’s blockchain chief David Marcus has warned Washington that stopping the launch of Libra will open the door for China to steal a key advantage in the world of digital currencies. Marcus stated, per Bloomberg, “The future in five years, if we don’t have a good answer, is basically China...