Crypto Banking Firm FairX Shuts Down Due to Lack of Financing
FairX has shut down its operations as it failed to establish a licensed national bank due to a lack of financing Go to Source Powered by WPeMatico
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Bank of Thailand is Open to Discuss Libra, Concerned Over Security
Bank of Thailand governor Veerathai Santiprabhob said that the institution is open to discussing Facebook’s Libra stablecoin with the company Go to Source Powered by WPeMatico
European Central Bank Policymaker Says Stablecoins Not Cause for Alarm
ECB’s governing council Jens Weidmann says that while stablecoins offer opportunities for prosperity, users should be vigilant Go to Source Powered by WPeMatico
Binance Jersey Lists Exchange’s Own GBP-Backed Stablecoin
Fiat-crypto exchange Binance Jersey has listed a proprietary GBP-backed stablecoin, dubbed Binance GBP Stablecoin (BGBP) Go to Source Powered by WPeMatico
Libra Will Upset World Economy if It Isn’t Regulated Tightly, G7 Warns
The G7 has warned that cryptocurrencies such as Libra could upset the world’s financial system unless they are tightly regulated Go to Source Powered by WPeMatico
Jamie Dimon Says Libra Does Not Pose a Threat in Short Term
Jamie Dimon says that he would not spend too much time on Libra as the coin does not pose a threat in the foreseeable future Go to Source Powered by WPeMatico
CNBC: Facebook Has Not Contacted Swiss Regulators On Libra’s Registration
A spokesman for the Swiss Federal Data Protection and Information Commissioner says that Facebook has not contacted it regarding Libra Go to Source Powered by WPeMatico
Huobi Transitions From Current HUSD System to New ERC-20 Token
In the coming days, Huobi will change over from its current HUSD system to the new ERC-20 token Go to Source Powered by WPeMatico
Facebook’s Marcus: Libra to Satisfy All Regulatory Matters Before Its Launch
David Marcus, head of Facebook’s crypto wallet Calibra, stressed that Facebook will launch the Libra cryptocurrency project only after they address all regulatory concerns Go to Source Powered by WPeMatico
Tether USDT is Launching on a ‘Pure PoS’ Blockchain, Algorand
Stablecoin operator Tether announced that its USDT token will be released on its fifth blockchain, Algorand Go to Source Powered by WPeMatico