Facebook will cease membership in the Libra Association if a project to create the digital currency of the same name is launched without the consent of the regulator. The head of the world's largest social network, Mark Zuckerberg, said this on Wednesday, October 23, during a hearing in the US Congress. The hearing at the House of Representatives Financial Services Committee lasted several hours, during which Zuckerberg […]
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The growing momentum of large companies previously announced as partners of the Libra digital currency project from Facebook is directly related to their fears about the proposed project not meeting regulatory requirements. Such a statement in an interview with CNBC made US Treasury Secretary Stephen Mnuchin. Libra realized that they are not ready, that they are not up to par, says @ stevenmnuchin1 about […]
The head of the largest social network Facebook Mark Zuckerberg will testify before the Committee on financial services of the US House of Representatives. This was reported on the website of the department. Hearings on “studying the impact of Facebook on financial services and housing” will be held on October 23. Zuckerberg will be the only witness to them. In July, the head of the financial services committee, Maxim Waters, demanded to suspend […]
Only 1% of the US population owns bitcoins, which is too small for the institutional market, says Tom Lee, managing partner and head of research at Fundstrat Global Advisor. In an interview with The Block, Tom Lee called the main barriers that prevent large players from investing in bitcoin, pointing to the underdeveloped infrastructure, as well as the size of the market itself, which, in his opinion, is "too small." […]
En el primer trimestre de 2020, 30 minoristas franceses comenzarán a respaldar los pagos de Bitcoin, entre ellos el gigante de artículos deportivos Decathlon y la compañía que vende productos…
The Northern Ireland auction house Wilsons Auctions will hold two cryptocurrency auctions for approximately 500 thousand pounds (about $ 621 thousand). Coins were confiscated by UK police from a criminal. Bitcoin, Ethereum, XRP and other cryptocurrencies will be sold at the highest price at auctions without a reserve. This means that the minimum sale price is not set for traded assets. Online auction will begin […]
Fundstrat agency co-founder Tom Lee said that the Trump administration’s actions regarding electronic cigarette manufacturers prove that the president can ban anything. This is un-related but shows White House can issue an 'executive order' banning anything. And could even ban bitcoin. Not expecting it. But with current White House, there is “nothing out of […]
The developers of the New Jersey-based startup Offchain Labs announced the release of an alpha version of the Arbitrum protocol, which, they said, is capable of processing more than 500 transactions per second. This is written by CryptoBriefing. Arbitrum hits over 500 TPS * for each contract *. And it can support thousands of contracts at the same time. https://t.co/VT2Idfoncd https://t.co/uTtpRiVIme – Offchain Labs (@OffchainLabs) September 5, […]
The largest social network Facebook has announced a set of specialists who must ensure that the Calibra mobile wallet and the Libra digital currency comply with legal requirements. It is reported by CoinDesk. In particular, among the published vacancies, there is a specialist who will deal with the analysis of regulatory requirements and the formation of a policy for the implementation of appropriate control. This employee is expected to interact with the Calibra Legal & Political Team […]
The Swiss Financial Markets Supervision Service (FINMA) has issued blockchain firms with SEBA Crypto and Sygnum licenses for banking and securities transactions. This was reported on the website of the department. FINMA representatives emphasized that such licenses were first introduced to blockchain service providers. SEBA Crypto and Sygnum will now be able to work with institutional and professional investors. In addition, today […]