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U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra


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...

Lawmakers to Fed: 'The Nature of Money is Changing" + More Crypto News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Two American congressmen have suggested that the United States should create a “digital dollar.” Republican...

Why Did These Two Lawmakers Buy Marijuana with Stablecoin


Source: iStock/Adventure_Photo We’re seeing digital tokens in many places these days, but there are still many firsts to experience, especially when it comes to seeing unexpected people using digital assets to buy unexpected things. Such is the case this time around, with California lawmakers going...

Libra ‘Concerns Remain’ for US Lawmakers after Switzerland Talks


Maxine Waters. Source: a video screenshot, YouTube, NBC News The head of the United States House of Representatives’ Financial Services Committee says that it is still “concerned” by Facebook’s proposed Libra stablecoin despite extensive meetings with politicians and financial regulators...

US Lawmakers Begin to Realize that They Cannot Ban Bitcoin


Ever since its inception, Bitcoin (BTC) has divided the people into its supporters and opponents. In fact, there are many out there who want it to be completely banned, especially the regulators and the critics of the cryptocurrency. But is it practically possible to impose a ban on Bitcoin?...

Crypto Bullishness Spreads on Capitol Hill


U.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments...

US Lawmakers Draft "Keep Big Tech out of Crypto" Bill


American parliamentarians are moving fast in an attempt to stop major IT companies from offering financial services and issuing cryptocurrencies. The draft discussion bill (which you can read in its entirety here), is entitled the Keep Big Tech out of Finance Act. The proposal has been circulated...

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