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India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost
10.9.2019
One of the most popular reality TV shows in India called Kaun Banega Crorepati, based on the show ‘Who Wants to Be a Millionaire,’ has just given crypto a boost. A contestant on the show was asked a question about Facebook’s Libra cryptocurrency, and the show’s host, Amitabh...
Facebook Adds Singapore Dollar to Libra Crypto Basket: Report
10.9.2019
Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin
Facebook ‘May Omit’ Yuan from Libra Reserve, Tether’s CNH-pegged Coin
10.9.2019
Facebook seems unlikely to include the Chinese yuan in the basket of fiat currencies that will underpin its forthcoming Libra token.
The company outlined its stance in a written response to “concerns” voiced by American Senator Mark Warner, who believes China may “push” the Libra Association...
Report: Libra Stablecoin Tied to Major Currencies, Maybe Not Yuan
10.9.2019
Facebook has reportedly provided the U.S. Senate with details regarding the backing reserves for its Libra stablecoin
Former US Congressman Calls for Nuanced Cryptocurrency Regulations
9.9.2019
Former congressman Harold J. Ford says that lawmakers and regulators should develop clear regulations for digital currencies
China’s New Digital Currency Will Be Similar to Facebook’s Libra
9.9.2019
Changchun Mu, the Digital Currency Research Institute chief and former deputy director of the payments and settlement division at the People’s Bank of China (PBoC) commented on their newly proposed digital yuan. He revealed that the new digital currency bears similarities with Facebook’s...
Bitcoin’s Scaling Problems Forced Facebook to Launch Libra
8.9.2019
If it wasn’t for Bitcoin there would be no Libra. That much is self-evident, since Satoshi’s creation laid the groundwork for every crypto asset that’s followed. The extent to which Bitcoin was responsible for spawning Facebook’s currency has now been made brutally clear...
The Fed Chair Jerome Powell Commented That the Consumers Are Not ‘Clamoring For Central Bank Backed Cryptocurrencies’
8.9.2019
Addressing a forum sponsored by the Swiss Institute of International Studies, in Zurich, Switzerland, on Sept. 6, the Federal Reserve Chair Jerome Powell answered questions about the issue of cryptocurrencies. He stated that the central bank is not “actively considering” minting...
Jack Dorsey Announces “No Plans Of TwitCoin Launch” Rather Supports Bitcoin As Internet Currency
8.9.2019
Libra, the highly-anticipated cryptocurrency project of social media giant-Facebook, has brought quite a lot of criticism to its credit despite its popular nametag. Recently, Twitter and Square CEO, Jack Dorsey, made a statement which came as a surprise for the blockchain enthusiasts. The social...
Jack Dorsey: Twitter Has No Interest in Creating Libra-Like Crypto
7.9.2019
Twitter and Square CEO Jack Dorsey has no interest in following the example of Facebook’s Libra
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?