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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 […]

The Binance cryptocurrency exchange announced the listing of Stacks (STX), the native token of the Blockstack project. STX trading in pairs with Bitcoin, USDT and BNB will start at 04:00 AM UTC on October 25, deposit acceptance is already open. #Binance Lists @Blockstack ($ STX) https://t.co/HjDGjHflFJ pic.twitter.com/lOXeImm0vL – Binance (@binance) October 23, 2019 As the exchange emphasizes, the listing price was 0 BNB. According to the information on the site […]

The G20 said that stablecoins threaten the global monetary system and financial stability, and asked the IMF to assess the risks associated with them, reports Reuters. G20 countries will develop stablecoins based on recommendations from the Financial Stability Board (SPS) and the Anti-Money Laundering Development Group (FATF), which will provide relevant conclusions in 2020. “Until […]

Russian experts do not share the point of view of the Central Bank of the Russian Federation, which expects a surge in fraud after the launch of digital currencies from Telegram and Facebook. Earlier, a similar idea was expressed by the director of the department for counteracting unfair practices of the Central Bank of the Russian Federation Valery Lyakh. He pointed out that young people interested in investment projects could become the most vulnerable to scammers. “Everything suggests that probably in the near future […]

Bank of America, the second largest U.S. bank, has publicly tested the Ripple distributed ledger technology and may have further plans in this direction, CoinDesk reports. A Ripple spokeswoman did not confirm or deny whether the bank is a client of fintech startups, noting only that the parties conducted a joint pilot project. She did not disclose other details. As the publication recalls, BoA is included […]