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Facebook hired the well-known lobbyist Edward Bowles of Standard Chartered, a British banking corporation, to work on an alleged payment network based on steaklkoin GlobalCoin in a project codenamed Libra, reports the Financial Times. It is assumed that he will completely go to Facebook as early as September of this year. At the same time on his page in LinkedIn the place of work is still […]

The non-profit organization that will be engaged in supporting the proposed Facebook-based payment network based on steaklokoin was allegedly invested by leading financial companies, reports The Wall Street Journal, citing informed sources. Thus, according to the publication, Visa, Mastercard, PayPal, as well as Uber and other companies have already invested $ 10 million in security reserves for the coin, the price of which is […]

A bill announced by Roskomnadzor on multi-million fines for owners of blocked sites has been submitted to the State Duma of the Russian Federation. For violation of the requirements for the storage of personal data of Russian users, it is proposed to fine citizens in the amount of from 30 thousand to 50 thousand rubles; officials – from 200 thousand to 500 thousand rubles; legal entity – from 2 to 6 million rubles. Repeated violation […]

Bakkt's cryptocurrency platform called the exact start date for testing deliverable Bitcoin futures. The first users will be allowed to test the tool on July 22. According to Bakkt's Operations Director, Adam White, the platform will attract institutional investors and set new standards for the cryptocurrency market. White pointed out that the wider distribution of cryptocurrencies, in particular, is hampered by unreliable pricing mechanisms and the likelihood of […]

Payment giant Visa Inc has launched a corporate payment network B2B Connect based on the blockchain, reports Reuters. The network was created to improve the efficiency of cross-border payments between financial institutions. In particular, B2B Connect implies fast and inexpensive payments without the involvement of intermediaries. Currently B2B Connect serves 30 payment corridors, the number of which Visa plans to increase to […]

The issuer of steablcoin USDT company Tether has displayed data on tokens produced by it using the EOS blockchain, on a specialized page. According to the information provided, the authorized issue volume of EOS-USDT is only $ 0.5, since the official operation of the instrument has not yet begun. At the same time, the volume of authorized USDT tokens on the Tron blockchain is $ 38 million. Issue […]

The social network Facebook will pay a certain percentage to the holders of its Global Coin, which is preparing for an early launch. This assumption was made by a member of the Wyoming blockchain working group, Caitlin Long, Forbes writes. According to Long, the company will make a profit from a basket of currencies and low-risk securities that will be used to secure cryptocurrency. "For every $ 10 billion in […]