How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra

US Bill 'Keep Big Tech Out of Finance’ Discussion Draft Targets Facebook's LibraFacebook’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 draft bill, the Keep Big Tech Out of Finance Act, hopes to […]

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The Best Responses to Donald Trump’s Claim That Bitcoin Is Backed by ‘Thin Air’

The Best Responses to Donald Trump’s Claim That Bitcoin Is Backed by ‘Thin Air’The cryptosphere was rubbing its hands with glee when U.S. president Donald Trump fired off a typically cantankerous tweetstorm on June 11 in which he took aim at Bitcoin, cryptocurrencies and Libra. Bitcoiners relished the sudden attention directed towards their sphere from the president’s 62 million-strong Twitter account, but took issue with the veracity of […]

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