US Treasury Secretary: Regulatory Fears Forced Libra Exodus
U.S. Treasury Secretary Steven Mnuchin said backers of Facebook’s cryptocurrency Libra dropped out of the project over concerns that the stablecoin project would not meet…
Tag: Libra
Bank of England Sets Out Rules for Libra Launch in the UK
The Bank of England has finalized a set of principles the Facebook-led Libra cryptocurrency project must adopt before going live in the UK. Calling the…
Facebook’s Libra Pushes Back at Claims Project Is Threat to Financial Stability
The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens nations’ financial stability. In interview with French daily Les Echos on…
Legal Expert Katharina Pistor Weighs in on Facebook’s Libra
“You can’t put the genie back into the bottle,” said Katharina Pistor at our exclusive event in DC during the Libra hearings. Pistor, the Edwin B. Parker…
Facebook hires former aid to chairman of US Senate Banking Committee for Libra project
The social media giant Facebook, has recently hired a former aid to the chairman US Senate Banking Committee, Susan Zook. She will be working on…
WATCH: A FinTech Lawyer Breaks Down Libra’s Legality
Joel Telpner, Chair of Fintech and Blockchain Practice Group at Sullivan & Worcester LLP, isn’t surprised that Facebook is getting a grilling on Capitol Hill.…
Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra
For a panel about a proposed cryptocurrency, Tuesday’s Senate Banking Committee hearing was notably light on crypto talk. Bitcoin was barely mentioned during the two-hour…
Breaking: Bitcoin tumbles under $10,000 as U.S. Senate mulls Facebook’s Libra
Bitcoin is falling like dead weight in the air following the break under $10,000 support. As discussed earlier the price retreated from the region above…
WHAT’S BEHIND RECENT GAINS FOR BITCOIN, ETHEREUM, RIPPLE’S XRP AND LITECOIN?
The year 2019 has been slow for most digital currencies. At the beginning of the year, Bitcoin, Ethereum, Litecoin and Ripple (XRP) maintained the same low price points as…
China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief
Faced with the possibilities and threat posed by Facebook’s Libra cryptocurrency project, China’s central bank should rethink its plan for a national digital currency, according…