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European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra
7.7.2019
Financial regulators must act fast to prepare for Facebook’s Libra stablecoin, according to European Central Bank executive board member Benoit Coeure
Circle CEO Hopes Libra’s Unique Needs Trigger Positive Regulation
6.7.2019
Facebook's Libra will run in a closed-loop permission scheme, requiring unique regulation, according to Jeremy Allaire, CEO of payments company Circle
The Swiss Are Onto Something: Facebook, Libra and the Case for Decentralization
4.7.2019
A recent letter from the U.S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not only in America, but worldwide. House Chairwoman...
US Congress Requests Moratorium on Facebook’s Libra Stablecoin
3.7.2019
The U.S. House of Representatives Committee on Financial Services requested that Facebook imposes a moratorium on the development of its stablecoin
Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
3.7.2019
“Every currency is based on trust, but only a fool would trust Facebook’s Libra” noted Nobel laureate in economics Joseph Stiglitz
Advocacy Groups Call on Congress to Stop Libra Development Until July Hearings Take Place
2.7.2019
33 advocacy groups have signed a letter looking to halt development of Libra until Congress and regulators have addressed a number of questions on the project
ZenGo Demonstrates Proof-Of-Concept of a Keyless Wallet for Facebook’s Libra
2.7.2019
ZenGo publishes its open source project, which purports to provide proof-of-concept that its keyless wallet product can support Facebook’s Libra
Report: Facebook Seeks BitLicense From New York State Regulator
1.7.2019
Facebook is reportedly seeking to gain a BitLicense from the NYDFS to comply with local regulations as it attempts to launch Libra as a global virtual currency
Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque
27.6.2019
On Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media. Also Read: Iranian Energy Grid Blames...
EU Banks to Deploy Instant Payments System in Response to Competition From Libra
27.6.2019
A comprehensive instantaneous payments system may be in place in the European Union by 2020
Singapore Central Bank: Concerns Over Facebook’s Libra ‘Not Trivial’
27.6.2019
Singapore’s central bank held discussions with Facebook about its upcoming libra cryptocurrency
French Central Bank: Facebook’s Libra May Need Banking License
25.6.2019
Facebook’s Libra must comply with anti-money laundering regulation and needs banking licenses, according to the Bank of France Governor
Facebook Fails To Avoid Lawsuit Over Data Breach That Endangered 29 Million Users
24.6.2019
The past few years have been a bit of a nightmare for social media behemoth Facebook. The company found itself lurching from one user privacy issue to another and in September last year, Facebook revealed that in one of the worst hacking attacks in its history, as many as 29 million users’ data...
Ethereum Co-Founder Criticizes Facebook’s Libra Token for Centralization
23.6.2019
Facebook’s Libra is currently a “centralized wolf in a decentralized sheep’s clothing,” according to Ethereum co-founder Joseph Lubin
Ethereum Co-Founder Criticizes Facebook’s Libra Token for Centralization
23.6.2019
Facebook’s Libra is currently a “centralized wolf in a decentralized sheep’s clothing,” according to Ethereum co-founder Joseph Lubin
Facebook Is a Threat to Governments Not Crypto
20.6.2019
The moment Facebook released the whitepaper for its planned Libra coin, social media was flooded with claims about Zuckerberg’s new drive to take over the cryptocurrency market, with some even calling it a Bitcoin killer. However, looking at the actual details of the plan, it has little to...
Roll Wants to Take Power From YouTube With Cryptos for Content Creators
20.6.2019
"Social money" startup Roll raised a $1.7 million seed round from BitMEX CEO Arthur Hayes, Gary Vaynerchuk and Techstars
CME: Open Interest in Bitcoin Futures Contracts Hit All-Time High
20.6.2019
Open interest in CME Bitcoin futures contracts are reportedly at an all time high, possibly due to increasing institutional-level investments
KuCoin Lists Binance Coin, Supports Binance Chain Projects
19.6.2019
Binance and KuCoin have partnered to offer BNB/BTC and BNB/USDT trading pairs on KuCoin’s trading platform
Block.One Pays $30M for New Blockchain-Powered Social Media Platform’s Domain Name
19.6.2019
Eos developer Block.one has paid $30 million in cash to purchase the voice.com domain name for its new blockchain-based social media, called “Voice”