US Congress Requests Moratorium on Facebook’s Libra Stablecoin
The U.S. House of Representatives Committee on Financial Services requested that Facebook imposes a moratorium on the development of its stablecoin Go to Source Powered by WPeMatico
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Binance Charity Announces Alliance to Support Feminine Health
The Binance Charity Foundation has formed an alliance of 47 organizations to address feminine health issues in Uganda Go to Source Powered by WPeMatico
Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
“Every currency is based on trust, but only a fool would trust Facebook’s Libra” noted Nobel laureate in economics Joseph Stiglitz Go to Source Powered by WPeMatico
Advocacy Groups Call on Congress to Stop Libra Development Until July Hearings Take Place
33 advocacy groups have signed a letter looking to halt development of Libra until Congress and regulators have addressed a number of questions on the project Go to Source Powered by WPeMatico
Survey: Facebook’s Stablecoin Libra Unlikely to Become Mainstream
Per Jefferies’ recent survey, Facebook’s users are unlikely to purchase Libra Go to Source Powered by WPeMatico
Crypto Exchange Bitfinex Repaid $100 Million to Stablecoin Operator Tether
According to an announcement by Bitfinex, the exchange repaid $100 million of outstanding loan facility to stablecoin operator Tether Go to Source Powered by WPeMatico
Official: Russia Will Not Introduce Separate Regulation for Facebook’s Libra
Russia’s Deputy Finance Minister Alexei Moiseev said Russia will not introduce separate legislation regarding Facebook’s Libra Go to Source Powered by WPeMatico
Report: Over 100 Fake Domains Registered Relating to Facebook’s Libra
Researchers at Digital Shadows have reportedly discovered over 100 fake domains registered relating to Facebook’s Libra stablecoin project Go to Source Powered by WPeMatico
Huobi Unveils ‘Finance Chain’ For Building Enterprise Blockchains
Huobi develops a public blockchain to enable companies to deploy their own blockchains, following a new partnership with Nervos Go to Source Powered by WPeMatico
South Korea’s Second Biggest City Wants to Create a Local Cryptocurrency
Busan, South Korea’s second most-populous city after Seoul, is considering the launch of a local stablecoin Go to Source Powered by WPeMatico