Libra Association – DIGIT INFO

Disclosures Show Shopify’s CEO Bought $3M Worth of Coinbase Shares During the Past 2 Months

DIGIT — Tue, 04 Oct 2022 02:30:40 +0000

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 […]

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Bison Trails launches QT protocol to help developers build on Libra

DIGIT — Wed, 25 Nov 2020 04:43:26 +0000

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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European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law

DIGIT — Sat, 12 Sep 2020 06:30:43 +0000

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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Libra replaces general counsel Robert Werner after 3 months

DIGIT — Thu, 27 Aug 2020 04:42:30 +0000

Former U.S. Homeland Security Department general counsel, Stevan Bunnel, has been appointed as Libra’s top lawyer.

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Libra Association Appoints Former FinCEN Head as General Counsel

DIGIT — Tue, 19 May 2020 15:04:50 +0000

The Libra Association has appointed former FinCEN and OFAC head Robert Werner as its chief lawyer.

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Facebook Libra Redesigned: New System and Cryptocurrency to Comply With Regulations

DIGIT — Fri, 17 Apr 2020 14:49:51 +0000

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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Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook

DIGIT — Mon, 24 Feb 2020 02:50:55 +0000

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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Vodafone Becomes 8th Company to Exit Libra Association

DIGIT — Wed, 22 Jan 2020 07:30:38 +0000

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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Crypto Regulation: Is It Good or Bad for the Industry?

DIGIT — Mon, 16 Dec 2019 13:51:00 +0000

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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