Libra

In the run-up to Tuesday’s speech by David Markus, head of the blockchain division of Facebook in Congress, US Treasury Secretary Steven Mnuchin held a press conference at which he stated that the Trump administration had “very serious doubts” about both the digital currency Libra and Bitcoin and other cryptocurrency in general. It is reported by Bloomberg. In particular, Mnuchin said that digital […]

Calibra CEO David Marcus has published a written version of his upcoming speeches in the US Congress. In it, he stressed that the activities of the Libra Association consortium will be regulated by the Swiss Financial Market Supervision Authority (FINMA), and the launch of the Libra project will not take place until the doubts of regulators are resolved. Marcus Testimony 7-16-19 by ForkLog on Scribd “I expect the period […]

US President Donald Trump, who recently unflatteringly commented on Bitcoin in particular and cryptocurrencies in general, could theoretically prohibit American citizens from interacting with Bitcoin or significantly restrict access to cryptocurrency platforms, said researcher Alex Kruger. 3 / However, as you can’t get points out, the government can target the fiat onramps. (source: https://t.co/xLEJDU38Pq) pic.twitter.com/dHhyBVtGou – Alex […]

In anticipation of the next week’s hearings on the proposed Libra digital currency project for Facebook, a bill was introduced in the US, if adopted by which technology giants would not be allowed to create their own assets of this kind. About this writes The Block referring to sources familiar with the situation. According to the publication, a document called Keep Big […]

The US Securities and Exchange Commission (SEC) is studying the structure of the Libra digital currency project and intends to determine whether it has the characteristics of a stock exchange traded fund (ETF). It is reported by The Wall Street Journal, citing sources familiar with the situation. In the event that the Commission recognizes Libra as an ETF, Facebook will be forced to get permission from the department […]