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Ripple Writes Open Letter to Government, Asks for Fair Crypto Regulations
29.7.2019
Leading crypto-blockchain network Ripple has penned an open letter to the US Government, requesting fair regulation of the crypto industry. The letter comes as a response to the growing dissent in the government regarding digital currencies, especially after social media giant, infamous for several...
Crypto Bullishness Spreads on Capitol Hill
21.7.2019
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...
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...
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
House Reps Question FinCEN Director on Libra’s Potential for Illegal Usage
28.6.2019
Members of House Committee on Financial Services questioned FinCEN Director Kenneth Blanco on potential illegal usage of Libra
US House of Representatives to Hold Hearing on Facebook’s Libra in July
24.6.2019
Facebook will testify before two government committees on its proposed virtual currency Libra on July 16 and 17
Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project
19.6.2019
Chair of House Financial Services Committee requests moratorium on development of Facebook’s Project Libra
Why Lobbying Growth Is a Sign That Crypto Is Maturing
10.6.2019
Crypto lobbying is on the rise, but most of it is being done by industry outsiders