Libra

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 […]

Steve Forbes, editor-in-chief and head of Forbes Media, called bitcoin “a high-tech cry for help” caused by a lack of public confidence in traditional currencies. In an interview with ARK Invest, Forbes said that the first cryptocurrency can help “bypass the governments” of those countries where the authorities harm their citizens: “Bitcoin played a very important role in helping people in distress […]

Custodian company Anchorage, one of the partners of the digital currency project Facebook, will begin providing storage services for Gram tokens, the company’s president Diogo Monica said on a blog. Announcing support for @Telegram TON Gram: @Anchorage Trust Company is the first Qualified Custodian that will support institutional custody for Gram at launch. We are proud to bring regulated, auditable custody […]

The current Executive Vice President of the European Commission for Financial Services and Economics Valdis Dombrovskis promised, in the event of his re-election to this position, to introduce new rules for regulating the cryptocurrency industry. It is reported by Reuters. According to him, in light of the threat posed by financial stability to the digital currency Libra from Facebook, Europe needs a unified approach to cryptocurrencies. New rules will be, […]

German Finance Minister Olaf Scholz believes that the country should not lag behind other states or private companies with the issuance of digital currency, reports Wirtschafts Woche. “Such a payment system would be useful for the financial center of Europe and its integration into the global financial system. We should not leave this field of activity to China, Russia, the USA or any private players, ”[…]