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Investment Firm Blockchain Capital Joins Libra Association
18.9.2020
One of the oldest venture firms in crypto has joined the Libra Association and will provide expertise and guidance on the launch of its payment system
Inflation Hit Ethiopia Demonetizes Currency To Curb Cash Hoarding
17.9.2020
The Ethiopian government has unveiled a new set of banknotes that are expected to help authorities in curbing cash hoarding, illegal trade and illicit financial flows. The move is also aimed at boosting the liquidity of banks that are struggling to cope with Ethiopia’s cash-based economy....
Libra Association Hires Former HSBC CEO
17.9.2020
The Libra Association, the organisation developing the Facebook-led cryptocurrency payments project, has hired a banking heavyweight with 25 years at HSBC
Huge ‘Bitcoin Tram’ Ad Campaign and 20 Billboards Flood Hong Kong’s Financial District
12.9.2020
A massive Bitcoin ad campaign has launched in the heart of Hong Kong’s financial district, featuring three Bitcoin trams and 20 matching billboards. It is a community initiative coordinated by the Bitcoin Association of Hong Kong, an organization with more than 5,000 members. The Bitcoin Tram...
European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law
12.9.2020
The European Commission, the executive arm of the E.U., has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. Euractiv, a European news outlet, first reported the news on Sept.10, citing...
Libra replaces general counsel Robert Werner after 3 months
27.8.2020
Former U.S. Homeland Security Department general counsel, Stevan Bunnel, has been appointed as Libra's top lawyer
Coinbase Exits Industry Lobbying Group in Protest Over Recent Unspecified ‘Decisions’
11.8.2020
Coinbase cited recent board decisions that could "irreperably impair" the Blockchain Asso
Bitcoin SV ‘Educates’ China’s Largest Developer Community
23.7.2020
Bitcoin SV will provide education for up to 31 million people through a partnership with China’s largest developer network
Libra Hasn’t Abandoned Multi-Currency Stablecoin: Policy Director
8.7.2020
The Libra Association's head of policy said ongoing dialogues with central bankers had not dented their original ambition
US Real Estate Market Crisis: 4.3 Million Mortgage Delinquencies, Commercial Properties Sink in Value
27.6.2020
The U.S. economy continues to look bleak as the American citizens and small businesses nationwide struggle to keep up with the government’s rules toward Covid-19 guidelines. In just 13 weeks, over 45 million Americans filed for unemployment benefits and many citizens cannot pay their...
IBM Spawns Blockchain for Norwegian Salmon Fisheries
25.6.2020
IBM is teaming with the Norwegian Seafood Association to create a blockchain-based track-and-trace system for Norway's sustainably farmed salmon
Libra Is Ready for the Digital Money ‘Space Race’: Dante Disparte
10.6.2020
Libra's most vexing challenge may be juggling inclusion and compliance. But policy chief Dante Disparte says the project is not giving up on reaching the unbanked
Japanese Finance Minister Shoots Down Plan to Cut Bitcoin Tax to 20%, Cites Crypto-Divide
4.6.2020
Japan’s finance minister Taro Aso says he is opposed to reducing tax on bitcoin income to 20%, on par with stock dividends, arguing that most Japanese households find it difficult to invest in digital assets. The development suggests that Japan will uphold its current definition...
South Korea to Start Taxing Bitcoin Profits in 2021
29.5.2020
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...
Facebook’s Calibra Rebrands to Novi, Details Wallet Tie-Up With WhatsApp
26.5.2020
In the run-up to launch, libra's digital wallet subsidiary has been given a new look and a new name: Novi, which means "new way."
US Military Is Falling Behind China, Russia in Blockchain Arms Race: IBM, Accenture
20.5.2020
The U.S. Department of Defense can’t afford to lose the global military blockchain race to Russia and China, warns a new private sector whitepaper
Libra Association Appoints Former FinCEN Head as General Counsel
19.5.2020
The Libra Association has appointed former FinCEN and OFAC head Robert Werner as its chief lawyer
US Real Estate Market Shudders: Experts Predict 40% Lower Sales, March Contracts Dip by 21%
4.5.2020
According to the National Association of Realtors, pending contracts for property sales dropped by 20.8% in March. Further, the 30-year fixed mortgage interest rate dropped to 3.43%, but a great majority of people are still not interested in buying or renting homes at the moment. Economists predict...
SEC Opposes Blockchain Association’s Brief Supporting Kik, Says Group Isn’t ‘Neutral’
28.4.2020
The SEC says 7 members of the Blockchain Association have financial interests in Kik in its opposition to the group's brief around the case
Switzerland’s Famed “Crypto Valley” Seeks $103 Million Government Bailout
28.4.2020
Switzerland’s “crypto valley” is asking the government for 100 million Swiss francs ($102.7 million) in funding, local media reported. The once flourishing Swiss cryptocurrency industry is struggling to survive following the withdrawal of private equity investors. About 80% of...