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Public records show that Shopify’s CEO Tobias Lütke has purchased close to $3 million in Coinbase shares during the last 60 days. Lütke became a Coinbase board member last February and because he is a Coinbase associate, he’s required by law to submit his trades to the U.S. Securities and Exchange Commission (SEC). Since August […]Powered by WPeMatico
Libra Association founding member, Bison Trails, has released a QT protocol allowing developers to read and write data to Libra’s pre-mainnet using off-chain systems.
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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 a leaked 167-page draft crypto proposal. According to the report, the regulation will seek to tackle bitcoin’s […]
The post European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law appeared first on Bitcoin News.
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Former U.S. Homeland Security Department general counsel, Stevan Bunnel, has been appointed as Libra’s top lawyer.
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The Libra Association has appointed former FinCEN and OFAC head Robert Werner as its chief lawyer.
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Facebook’s Libra cryptocurrency project has undergone major changes. A number of key areas have been redesigned, including the payment system, the Libra cryptocurrency, and the addition of new single-currency stablecoins. The changes largely aim to comply with regulatory requirements. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This Scam Libra Project […]
The post Facebook Libra Redesigned: New System and Cryptocurrency to Comply With Regulations appeared first on Bitcoin News.
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Facebook’s coin project, Libra, continues to draw attention despite setbacks, including a shrinking pool of backers and a growing number of worried regulators. But now with JP Morgan seeing potential for the social network’s cryptocurrency and e-commerce giant Shopify joining the Libra Association, its chances might have improved. Although, assuring governments that Libra won’t undermine […]
The post Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook appeared first on Bitcoin News.
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After a spate of big names parting ways with the Libra Association late last year such as Paypal, Visa, Mastercard, and Ebay, British telecommunications giant Vodafone has become the latest to bid the ambitious digital asset project farewell. While Vodafone’s statement notes it does not rule out the possibility of working with Libra in the […]
The post Vodafone Becomes 8th Company to Exit Libra Association appeared first on Bitcoin News.
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Would regulation be a delight or a disaster for crypto and blockchain? Experts — and countries around the world — are bitterly divided #Sponsored
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