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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
Fred Wilson Withdraws Ethereum Support, Lauds Libra and Bitcoin
6.9.2019
Fred Wilson, a renowned venture capitalist, American businessman, and co-founder of Union Square Ventures, has withdrawn his support for Ethereum. Wilson has been a strong ETH supporter for a long time, but his recent remarks on his blog seemingly point towards his increased disappointment with...
JPMorgan Warns Stablecoins Like Libra at Risk of ‘System Gridlock’
6.9.2019
Libra can add negative yields to its growing list of risks, according to a new JPMorgan analysis
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
China’s National Crypto Similar to Libra, Central Bank Official Says
6.9.2019
The central bank believes the digital currency will help protect China’s foreign exchange sovereignty
Major Chat App Has a New Crypto Plan for its 80M Users, Aims at Libra
6.9.2019
Japan-based major chat app operator Line has updated the white paper for its Link cryptocurrency. And by the looks of things, the company is looking to posit its token as a competitor to Facebook’s forthcoming Libra project.
The updated white paper underscores Line’s intentions to allow users...
Facebook’s WhatsApp Seeks Policy Expert to Champion Blockchain in Africa
5.9.2019
WhatsApp is looking to hire a blockchain policy expert in Africa as parent company Facebook's Libra project meets regulatory resistance worldwide
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?
FIN Advises US Congress To Govern Cryptocurrencies Under Bank Secrecy Act
3.9.2019
The leading strategic advisory firm, Financial Integrity Network or FIN, has released an advisory recommendation for U.S. Congress concerning the regulatory measures of the cryptocurrency sector. In a testimony before the crucial hearing, FIN announced that it purports to establish a new financial...
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 Yves Mersch Warns Libra Cryptocurrency Is ‘Facebook’s Siren Call’
2.9.2019
Facebook’s Libra stablecoin is “beguiling but treacherous,” according to European Central Bank key legal official Yves Mersch
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
Crypto News From Asia: Aug. 24–31 in Review
1.9.2019
A roundup of major news of the week from Asia
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
Agorism and Bitcoin: Free People Don’t Ask Maxine Waters for Permission
30.8.2019
Anti-agorism Congressional Representative Maxine Waters still has misgivings about Facebook’s proposed Libra digital currency, even after meeting with Swiss government officials to discuss the tech last week. The sustained reservations echo the message of July’s open letter from...