PayPal: ‘A Lot of Work’ Still Needs to Happen for Libra to Become Real
PayPal reportedly cautious about the fate of Facebook’s planned stablecoin Libra Go to Source Powered by WPeMatico
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Crypto Facilitates Money Transfer for Restricted China
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in the midst of political unrest mean that transferring money can … Read more
EU Needs Own Digital ‘EuroCoin’ to Compete With Libra, Says France
“EuroCoin”? France’s finance minister thinks Europe needs its own public digital currency to challenge Facebook’s Libra stablecoin Go to Source Powered by WPeMatico
Indian Lawmaker Raises Hope of Positive Crypto Regulation
A member of the upper house of the Indian parliament has given the crypto community some advice on what can be done to influence the government’s crypto decisions. He encourages anyone to reach out to him and discuss their concerns, including issues related to the draft bill to ban cryptocurrencies in India. His words and … Read more
BNY Mellon to Act as Transfer Agent for Bitwise’s Proposed Bitcoin ETF
Bitwise has chosen BNY Mellon to be the transfer agent for its Bitcoin ETF, while Foreside Fund Services will be the marketing agent and Cohen & Company will act as auditor Go to Source Powered by WPeMatico
Government Hates Crypto Because It Empowers the People, Not Because It’s Used for Crime
A recent article from MIT Technology Review has leveraged a somewhat sensationalist headline to stir up fear about bitcoin and crypto. The article, written about a “hidden” government weapon to be deployed against Bitcoin, references September 3 senate subcommittee testimony by Washington D.C. consulting firm Financial Integrity Network. In the testimony, Vice President of the … Read more
Report: Libra Stablecoin Tied to Major Currencies, Maybe Not Yuan
Facebook has reportedly provided the U.S. Senate with details regarding the backing reserves for its Libra stablecoin Go to Source Powered by WPeMatico
5 Key Concepts from Day One at Bitcoin Cash City
With day one of North Queensland’s Bitcoin Cash City all wrapped up, conference attendees were left with an overflow of big ideas to distill, process, and potentially integrate. These include underwriting merchant adoption, building tech parks and mining operations, BIP70 applications, separation of money and state, government applications of crypto, user experience, and regulation. The … Read more
Fantasy Sports Giant Fanduel Now Accepts Bitcoin Cash
The second-largest fantasy sports provider Fanduel has revealed customers can make deposits on the platform using cryptocurrency. Fanduel members can now top up their accounts with BCH or BTC via the digital currency payment provider Bitpay. Also Read: More Than 70 Projects and Applications Built Around Bitcoin Cash Fanduel Adds Bitcoin Payments via Bitpay Fantasy … Read more
Indian Government’s New Report Views Crypto Positively
A new Indian government report has put cryptocurrency in a positive light, viewing the mechanisms surrounding it, including initial coin offerings, as “revolutionizing the global fintech landscape.” The report also discusses the regulation of coins and tokens. Also read: Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate Steering Committee’s Report The Indian Ministry … Read more
