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How US Congress Can Make Stablecoins and Libra Irrelevant
16.7.2019
Source: iStock/Uko_Jesita
It is well-known by now that U.S. lawmakers and now even members of President Trump’s cabinet are highly skeptical about Facebook’s proposed Libra stablecoin. And although regulators and governments in parts of the world have tried their best to control digital tokens...
What to Expect When Congress Grills Facebook on Cryptocurrency This Week
15.7.2019
The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions
Diamonds and the Treasury Debt Ceiling: Why Nothing Has ‘Intrinsic Value’ in Economics
15.7.2019
The U.S. Treasury Department has just issued an urgent letter requesting a lift on the debt ceiling, warning Congress of imminent financial collision in September as federal cash is running out. Though this scenario has played out many times before, it takes on special significance now in light...
Bitcoin’s Price Could Rise If Facebook’s Crypto Survives Congress Hearings
15.7.2019
Bitcoin is under pressure ahead of U.S. congressional hearings on Facebook’s Libra cryptocurrency on July 16 and 17. But what happens next?
How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
14.7.2019
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion...
Winklevoss-backed Crypto Self-Regulatory Group Prepares to Woo Congress
11.7.2019
The Virtual Commodity Association has launched six committees to write “well-informed, sensible regulation” for the crypto industry
Top-6 Issues Experts/Entities Have With Libra
11.7.2019
Libra faces intense scrutiny as lawmakers and industry experts highlight its potential risks
How 10 Countries Respond to Facebook’s Libra Cryptocurrency
11.7.2019
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank...
US Elections Regulator Gives Tentative Go-Ahead to Campaign Token
11.7.2019
The Federal Election Commission has given tentative approval to a congressional election to issue campaign tokens
US Election Authority Set to Approve Congressional Candidate’s Plan to Issue Ethereum Token
10.7.2019
A candidate for Congress wants to reward campaign volunteers and participants with an ethereum-based token. FEC officials are set to give their approval
Fed Chair Says Facebook Needs to Satisfy Regulatory Concerns Regarding Libra
10.7.2019
The chair of the Federal Reserve said Facebook needs to address a number of concerns thoroughly and carefully before it can move forward with Libra
US Lawmaker Reintroduces ‘Safe Harbor’ Crypto Tax Bill in Congress
10.7.2019
U.S. Congressman Tom Emmer has reintroduced his forked assets bill, an effort started in 2018 ostensibly to lessen the burden on crypto tax payers
Facebook’s David Marcus Assures Congress That Libra Will Cooperate
10.7.2019
Facebook’s David Marcus has written a letter to Maxine Waters and other members of the House Financial Services Committee to address concerns surrounding Libra
Iranian Official Says US Congress is Working to Block Iran’s Crypto Mining
6.7.2019
Representative for Iran’s Ministry of Industry, Trade, and Supply says US Congress sees mining in Iran as a threat to the success of sanctions
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...
Facebook’s David Marcus Addresses Libra Trust Issues
4.7.2019
Facebook’s David Marcus addressed trust concerns surrounding the Libra cryptocurrency in a recent post
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
4 US Lawmakers Join Call to Freeze Facebook’s Libra Project
3.7.2019
Several House Democrats called for a moratorium on Libra development in a letter to Facebook executives on Tuesday
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
US Watchdog Groups Call for Congress to Put a Freeze on Facebook’s Libra
2.7.2019
A group of privacy and consumer watchdogs is asking the U.S. Congress to halt Facebook's Libra project