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 […]
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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 […]
Jerome Powell, chairman of the US Federal Reserve System (Fed), agreed that some global cryptocurrency could eliminate the need for reserve currencies, the main one being the US dollar. He stated this at a hearing in the Banking Committee of the US Senate. “It is possible, but in reality we do not see mass adoption. Bitcoin is a good example. Almost nobody […]
The complexity of the extraction of the first cryptocurrency has reached an absolute historical maximum at around 9.06 trillion. Thus, when recalculating, the growth was 14%. It happened on July 9th. At that moment, the hashrate was slightly below the historical record reached earlier, at 69.3 EH / s. At the time of writing, the aggregate computing power in the Bitcoin network has decreased to 58.1 EH / s, reflecting the price movement of the asset. […]
The US Securities and Exchange Commission (SEC) approved the distribution of 187 million Props tokens between content creators and YouNow streaming platform users for internal activity in order to influence their degree of involvement. This decision was made by the department in accordance with the established provision "A +", according to TechCrunch. So, tokens will allow people to form a reputation, earn Bars domestic currency for […]
Venture firm IDEO CoLab has launched a business accelerator for entrepreneurs and startups in the blockchain industry Startup Studio. The initiative has already been supported by the investment company Fidelity Investments, consulting giant Deloitte, Amazon and 20 other organizations. It was a start-up studio that […]
As part of the e-voting experiment to be held at the elections of deputies of the Moscow City Council of the seventh convocation in the fall, the accounting of ballots will be transferred to the blockchain system. Today, July 11, the system is tested by students of Moscow universities. This was stated by Deputy Head of the Information Technology Department of Moscow Artem Kostyrko, reports TASS. “The key difference of our electronic voting system from all others is that the human voice […]
Jerome Powell, chairman of the United States Federal Reserve System (FRS), believes that the Libra Facebook project to create its own digital currency cannot be launched until the world's largest social network answers the “questions of concern to everyone”. Reported by Reuters. Speaking on Wednesday to the US House of Representatives Financial Services Committee, Powell specifically stated: “Libra […]