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Digital Currency Regulation Around the World
A conversation with Michelle Bond, Ripple’s Global Head of Government Relations The entrance of Facebook’s Libra whitepaper has caught the world’s attention. While many look to the U.S. to help define a framework for digital assets and blockchain regulation, the question remains: Will policymakers strike the right balance between fostering innovation and protecting consumers? What … Continued The post Digital Currency Regulation Around the World appeared first on Ripple. дальше »
2019-8-9 23:00 | |
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Walmart Goes the Same Way Facebook did with Libra but may get a different result. Here’s why
Recently, Facebook one of the biggest guns in technology decided to create its cryptocurrency: Libra. The US Government was up in arms about it. Mark Zuckerberg and his team of geniuses at Facebook Headquarters had one simple goal in mind when they dreamt of the Libra project: Global Control. дальше »
2019-8-8 19:57 | |
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Walmart Cryptocurrency Won't Suffer Facebook's Dismal Libra Fate: Analyst
Cowen, a veteran analyst and research group, believes that Walmart will face less political opposition than Facebook if and when it decides to launch its own cryptocurrency. Government Likes Walmart Better Than Facebook? Walmart revealed last week that it was looking into the creation of a stablecoin, via a patent filing. дальше »
2019-8-7 20:23 | |
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Cardano’s Charles Hoskinson likens government’s crypto-involvement to the Chernobyl disaster
Cardano’s Charles Hoskinson shared his insights on Facebook’s latest crypto-venture, Libra, and the government’s intervention, in his latest AMA session. Over the past few weeks, Facebook’s Libra has faced a barrage of criticism from lawmakers, further delaying the launch of the coin. дальше »
2019-8-6 08:45 | |
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Bitcoin And Its Future Outlook: Heading The Bullish Or Bearish Path?
Cryptocurrency has been getting a lot more attention with each passing day and there is increased attention from retail and institutional players as well as the government. Facebook announced its Libra and the head of the project, David Marcus, recently endured hours of questioning from the Congress. дальше »
2019-7-30 22:25 | |
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Ripple CEO Fears Regulation Fallout from Facebook’s Libra
Brad Garlinghouse, the CEO of Ripple Inc, is concerned about the U. S. government’s recent jump into action after the announcement of Libra. In an interview with Fortune, July 25, 2019, Garlinghouse speaks about his discontent with Trump’s bunching of cryptocurrencies, and the potential regulatory conundrum that Libra has awoken. дальше »
2019-7-26 14:51 | |
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Moonday Morning: South Korea lost $2.3 billion to cryptocurrency crimes over last 2 years
Welcome to Monday, and welcome to another Moonday Mornings, Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines. Let’s take a look. 1. Damage from cryptocurrency-related crimes in South Korea over the last two years is estimated to be $2. дальше »
2019-7-22 11:04 | |
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Facebook’s Libra Is Now More Popular Than Ethereum And XRP
Even though the Libra project is in its development phase, at the same time has gotten a lot of backlash from various people and the government. Nevertheless, it has continued to gain more popularity by the day. дальше »
2019-7-22 10:43 | |
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Bitcoin’s perfect combination of pseudonymity and decentralization has allowed it to survive the government
Bitcoin has been alive for more than 10 years now, and it gets stronger with each passing day. On the other hand, Facebook’s Libra, which is yet to be launched, is facing a lot of setbacks from the government. дальше »
2019-7-19 22:30 | |
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Shark Tank’s Mr. Wonderful is positive about Libra and long on Facebook
Ever since Facebook released Libra’s whitepaper, governments across the world, including the U. S. government, have got their knickers in a knot. This could be due to Facebook’s history with user privacy, and its record of mistakes and mishaps over the years. дальше »
2019-7-17 19:30 | |
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US Government ‘Can’t Kill’ Bitcoin Because Source Code is Speech
Based on the legal precedence surrounding cryptographic communication, it is highly unlikely that the U. S. government can ban bitcoin. ‘Uncle Sam’ Can’t Shut Down Bitcoin With the storm of attention being paid to Facebook’s Libra project, there has been some talk of whether such attention could spill over to BTC in the form of a government-sanctioned bitcoin ban. дальше »
2019-7-17 18:30 | |
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French government to create ‘ICO white list’ with new regulations
While the world is looking at Facebook’s Libra and its recent senate hearing, France is knuckling down and is set to approve the first wave of cryptocurrency businesses under new legislation. Under the rules, cryptocurrency-related firms will voluntarily abide by a regulatory framework that requires them to pay tax, provide consumer protection, and meet capital requirements, Reuters reports. дальше »
2019-7-17 11:21 | |
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Bitcoin Has Found A New Admirer In House Rep. Kevin McCarthy
House GOP Leader Kevin McCarthy says he “likes Bitcoin” and suggested that the government should “start using blockchain”. Is Facebook Building a Shadow Bank? Since revealing the concept for it’s new Libra cryptocurrency, Facebook has again become a topic of deep discussion and contention. дальше »
2019-7-17 20:01 | |
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US is About to Crackdown on Entire Bitcoin Industry: Mati Greenspan
The United States government is about to crack down on the entire bitcoin industry, according to Mati Greenspan of eToro. The senior market analyst tweeted on Monday that Treasury Secretary Steven Mnuchin’s remarks on Facebook’s controversial payment project, Libra, is alarming for the entire cryptocurrency sector. дальше »
2019-7-16 16:00 | |
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US Treasury Increases Regulatory Pressure on Crypto, Warns of Its Unlawful Uses
Friday night, United States President Donald Trump tweeted about Facebook Libra, Bitcoin, and crypto as a whole, expressing his distaste in the emerging asset class and commenting on their “unlawful” uses. дальше »
2019-7-16 23:01 | |
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Facebook’s Libra Triggers US & UK Alarm Bells; Will Bitcoin Take a Beating?
On CNBC’s Squawk Box, Philip Hammond, the Chancellor of the Exchequer and a senior official within the government of the U. K. , said that Libra, a crypto asset developed by a consortium of companies including Facebook, poses a risk to the global financial system. дальше »
2019-7-15 17:33 | |
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How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
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. дальше »
2019-7-15 21:45 | |
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How the US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
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. дальше »
2019-7-15 21:45 | |
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Indian Government’s Crypto Ban Results In Facebook Canceling Libra Launch In The Country
India had been considered to be the perfect market to launch Facebook’s cryptocurrency Libra. The social media giant’s users in India have doubled since 2015 to about 310 million and are forecast to surge to around 440 million by 2023. дальше »
2019-7-11 23:01 | |
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Facebook Cancels Calibra Launch in India, Thanks to Govt's Crypto Loathing
Days after an Indian government official expressed discomfort with Facebook’s cryptocurrency plans, the social media giant has indicated that it has ‘no plans to offer’ Libra, or its digital wallet Calibra, in its largest market. дальше »
2019-7-10 16:23 | |
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Facebook to the U.S. Lawmakers: Libra Will Work With Policymakers and Respect Privacy
Coinspeaker Facebook to the U. S. Lawmakers: Libra Will Work With Policymakers and Respect PrivacyFacebook blockchain lead David Marcus sent a letter to U. S. lawmakers in which he addressed multiple questions asked by the government. дальше »
2019-7-10 12:45 | |
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‘Uncomfortable’ Indian Government Looks to Slap Down Facebook’s Crypto Libra
More than three years after India rejected a Facebook initiative to offer free internet service to its citizens terming the gesture ‘digital colonialism’, the social media giant’s cryptocurrency project Libra might meet the same fate in Asia’s third-largest economy. дальше »
2019-7-9 16:06 | |
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China Fast-Tracks Central Bank Cryptocurrency to Fight Facebook’s Libra
The announcement of Libra marked the beginning of the strategic pulse involving players from the world of crypto and fintech while attracting the attention and alarms of important actors in global geopolitics such as the U. дальше »
2019-7-9 09:29 | |
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India isn’t keen on Facebook’s Libra ‘cryptocurrency’
Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it. дальше »
2019-7-8 15:48 | |
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Libra is idealistic, progressive, aggressive in its technological vision but will it continue to be so?
Facebook’s entry into the crypto race, with Libra, received a lot of flak after its whitepaper release due to its previous ties with data and privacy concerns with the U.S. government. Being aware of this, the social media giant has (so far) unsuccessfully tried to promote Libra as an independent project, as it was difficult for […] The post Libra is idealistic, progressive, aggressive in its technological vision but will it continue to be so? appeared first on AMBCrypto. дальше »
2019-7-8 23:30 | |
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Libra makes the U.S govt very uncomfortable, says ShapeShift CEO
Although the reaction to Facebook’s short-lived entrance into the crypto market reflected the general fear toward a permanent fiat replacement, it managed to stir crypto-centric discussions for a wider group of people. дальше »
2019-7-4 11:00 | |
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Congress Demands Facebook Halt Work on the Libra Cryptocurrency
High-ranking legislators in Congress have issued a thundering rebuke to Facebook’s cryptocurrency ambitions, demanding that the Mark Zucker-berg led firm “immediately cease” work on Libra until the government says otherwise. дальше »
2019-7-3 18:31 | |
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US Congress Wants Facebook to Halt Libra Cryptocurrency Project
Members of the United States Congress have demanded in a letter that Facebook halts development of the Libra cryptocurrency as it poses a threat to the hegemony of the U. S. dollar. This call by the U. дальше »
2019-7-3 15:55 | |
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Facebook’s Libra Movement Receives Backlash In Washington About Cryptocurrency Project
Facebook’s Libra plan has once more been criticized. This time, however, the complaints do not come from the crypto community, which is fairly negative on the whole project, but from the government of the United States. дальше »
2019-7-3 00:55 | |
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Bitcoin, Crypto Assets and Libra Attracting Strict Regulatory Scrutiny
Bankers, government officials, and regulators all over the world are feeling increasingly alarmed by the disruptive capabilities of Bitcoin, cryptocurrencies and blockchain technology. Facebook’s recently launched “cryptocurrency”, Libra, is the latest cause of fury, angst, and fear amongst regulatory bodies. дальше »
2019-6-29 22:33 | |
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Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra
Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra appeared first on CCN Markets дальше »
2019-6-27 15:21 | |
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Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra
Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra appeared first on CCN Markets дальше »
2019-6-28 15:21 | |
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”Stop Right Now!” – How Much Government Officials Already Hate Facebucks
The best thing about Facebook’s proposed digital currency isn’t its BTF consensus algorithm, account-based data model or single Merkle tree structure. No, the greatest thing about Libra has to be the triggered reactions from politicians and bankers who can sense the rug being pulled from under their feet, threatening their hegemony and upending their world […] The post ”Stop Right Now!” – How Much Government Officials Already Hate Facebucks appeared first on Bitcoin News. дальше »
2019-6-27 06:55 | |
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Facebook Pushes on with Cryptocurrency Recruitment Despite Libra Project Criticism
Facebook is advertising job offers for a cryptocurrency wallet data engineer and regulatory policy expert as it moves forward with its plans for the Libra project. Meanwhile, stakeholders across the cryptocurrency and mainstream finance industries, as well as government officials, continue to express concerns about the company’s foray into the world of cryptocurrency payments. дальше »
2019-6-25 15:00 | |
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US House of Representatives to Hold Hearing on Facebook’s Libra in July
Facebook will testify before two government committees on its proposed virtual currency Libra on July 16 and 17
дальше »2019-6-25 00:10 | |
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‘Nuke it From Space!’: National Review Pundit Slams FB's Cryptocurrency
Facebook’s cryptocurrency project has long been one of Silicon Valley’s worst-kept secrets. Even so, Libra’s formal announcement elicited a number of incendiary reactions from chattering heads across the political spectrum. дальше »
2019-6-25 19:39 | |
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Retaliation by Central Banks will ‘complicate legal matters’ for Facebook, says Circle Research on Libra
Facebook’s cryptocurrency initiative being subjected to criticism from lawmakers, despite being backed by industry giants, depicts the prevailing lack of trust between the social media giant and the government, owing to its “disregard for user privacy” as US Senator Maxine Waters put it. дальше »
2019-6-22 17:30 | |
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Facebook Yet To Speak With RBI About Its Libra Project
With the Royal Bank of India (RBI) looking to find out whether or not Libra will operate on a "closed system," reports indicate Facebook is yet to meet with RBI officials or anyone within the Indian government. дальше »
2019-6-21 00:25 | |
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Russia Will Not Legalize Facebook’s Cryptocurrency, Official Says
Russian politician Anatoly Aksakov said that the government has no plans to legalize Facebook’s long-awaited Libra stablecoin
дальше »2019-6-19 21:39 | |
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Chinese Tech Moguls Cite Regulation as Chief Crypto Concern
By CCN Markets: The China Ledger quoted Pony Ma (Ma Huateng) as saying that blockchain technology is mature, but regulation needs to allow for it. Binance CEO Changepeng Zhao took the opportunity to expand on the idea including the government’s role in crypto. дальше »
2019-6-19 20:35 | |
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Facebook’s Libra ‘sounds an awful lot like Proof-of-Stake’ and will ‘run into Ethereum’s problems,’ claims Jameson Lopp
Facebook’s “The Libra Blockchain” whitepaper has created quite a frenzy, not only in the cryptocurrency ecosystem, but also with U. S. government officials. Some people claim that Libra is not a blockchain, while others claim that it is going to kill Ripple, XRP and other similar blockchains. дальше »
2019-6-19 12:30 | |
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Global Policy Makers Are Up in Arms About Facebook’s Libra Coin
By CCN Markets: Facebook is already under fire from regulators less than a day after officially revealing its cryptocurrency whitepaper. Based on three separate talks, it’s clear top government and bank officials from around the world are preparing to regulate Facebook Libra. дальше »
2019-6-19 03:30 | |
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Facebook's Libra face criticism from crypto enthusiasts and national authorities
Barely Facebook managed to officially announce the launch of its Libra in 2020, as the company was hit by a barrage of criticism from both crypto-enthusiasts and government officials from different countries. дальше »
2019-6-20 01:27 | |
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Facebook is developing a fiat-backed stablecoin payment system
While details have remained scarce, Facebook’s plans to create its own cryptocurrency have not exactly been secret. But with its latest announcement, Facebook looks to be developing its own stablecoin-backed payment system, The Wall Street Journal reports. дальше »
2019-5-3 11:00 | |
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