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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...
EU Won’t Let Stablecoins Enter Its Market Until Risks Are Addressed
5.12.2019
No global stablecoin project should begin operations in the EU until the associated risks are addressed, EU authorities say in a new adopted statement
Bitcoin Fails to Break $7.8K and Now Risks Reversing to New Lows
30.11.2019
Is a backtest of the $6Ks now imminent after Bitcoin failed to break $7,800 resistance?
Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use
29.11.2019
Three researchers have published a paper at Cornell University’s arxiv.org proposing a system called Optical Proof of Work (OPOW) to potentially be employed in Bitcoin mining. According to the paper, “heavy reliance on electricity has created scalability issues, environmental concerns...
Stablecoins Can Temper US Dollar Hegemony Risks, Says Non-Profit Exec
27.11.2019
The systemic risks posed by U.S. dollar domination of global foreign currency reserves could be tempered by stablecoin issuance, analysts argue in a new piece for the WEF
ECB Board Member: Global Stablecoins Pose Risks to a ‘Fragmented’ Europe
26.11.2019
Global stablecoins could exacerbate existing risks to the “autonomy and resilience of European payments systems,” says the ECB’s Benoit Coeure
Bitcoin Price Risks Falling Under $8.4K If the Bulls Don’t Step Up Now
16.11.2019
BTC buyers must step in soon or Bitcoin risks falling further and taking the entire cryptocurrency market with it
Chainalysis Launches Kryptos to Understand Risks and Opportunities in Cryptocurrency
13.11.2019
Blockchain analysis firm, Chainalysis has launched beta-version of Chainalysis Kryptos, software that will allow traditional financial institutions to study risks associated with different cryptocurrency companies to make a better-informed investment decision. Kryptos will be generally available...
Bitcoin Price Risks Drop Below $9K if Bulls Can’t Muster Rally Soon
7.11.2019
Bitcoin has been tiptoeing along key support, but evaporating bullish sentiment may see prices roll over to levels below $9,000
Bitfinex Cancels $8M Kim Dotcom IEO Citing Regulatory ‘Clear Risks’
6.11.2019
Bitfinex and K.im agree to cancel IEO indefinitely
US Treasury to Monitor Libra Over Possible Financial Risks
23.10.2019
The Treasury Department has committed to monitoring the Facebook-led cryptocurrency project Libra alongside regulatory efforts by Congress
Facebook Risks Banking Ties Over Libra Concerns, Says ING Exec
22.10.2019
ING CEO Ralph Hamers said Libra could make it difficult for banks to accept or keep the project's creator as a client
How to Trade Crypto in Person Safely
20.10.2019
With mainstream exchanges becoming progressively cumbersome due to privacy invasive policy and regulation, some crypto traders are switching to more private, face-to-face trading. While this route isn’t for everyone, and comes with unique risks, it does offer a very real solution to many...
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
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,”...
G20 Informed Stablecoins Could Pose Financial Stability Risk
16.10.2019
The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef...
Bitcoin Fails at Key Price Hurdle, Risks Return to $8,000
11.10.2019
Bitcoin's quick pullback from a 2.5-week high of $8,830 this morning has invalidated a bullish breakout on the 4-hour chart
U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra
11.10.2019
In the wake of Paypal’s very public exit from the Libra project, U.S. lawmakers are now pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as well. On October 8, three letters from two U.S. senators urged the tech and finance giants to “carefully...
US Senators Warn Three Facebook’s Libra Backers of Membership Risks
9.10.2019
Visa, Mastercard and Stripe “should be concerned” about Libra, say U.S. senators
Why Bitcoin Is Better Than Banks: Major Credit Card Breach Exposes 60M Accounts
8.10.2019
Sberbank, the largest bank in Russia with a regional and global presence, has suffered a major data breach. Personal information belonging to millions of clients is now being sold on the black market. Initial analyses suggest the trove of data for sale is real, highlighting the risks associated...