Booking Holdings Leaves Facebook’s Libra Association

Leading online travel company Booking Holdings has ditched the Libra Association, a non-profit Facebook established to pursue the promotion of its Libra stablecoin. Leading online travel company Booking Holdings has ditched the Libra Association, the governing consortium of Facebook’s proposed Libra stablecoin. Booking Holdings has thus become the latest in an array of companies that […]

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Visa, EBay, Stripe and Mastercard Abandon Facebook’s Libra Project

Mayor companies, Visa, EBay, Stripe and Mastercard are abandoning Facebook’s cryptocurrency project Libra amid increased regulatory pressure. Visa, EBay, Stripe and Mastercard have all announced that they are dropping out of Facebook’s Libra Association and its associated stablecoin project. Four companies abandon ship On Oct. 11, Bloomberg reported that Ebay, Stripe and Mastercard had decided […]

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Ripple Criticized for Alleged Misrepresentation of Relationship to XRP

Ripple Labs comes under renewed criticism for its allegedly misleading representations that it “discovered” — rather than created — the XRP token. Ripple Labs, the administrator of blockchain payments network Ripple, has come under criticism for allegedly misleading representations that it “discovered” — rather than created — the XRP token. In a series of heated […]

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US Senators Warn Three Facebook’s Libra Backers of Membership Risks

A letter tells Visa, Mastercard and Stripe that they “should be concerned” about the implications of supporting Facebook’s Libra nodes. Three backers thought to be reconsidering their involvement in Facebook’s digital currency Libra have received warnings from the United States’ politicians over participating. Senate Letter: Facebook’s problems are your problems According to Bloomberg’s article published […]

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CoinFlex to Offer ‘Prediction Futures’ on Whether Libra Launches in 2020

A crypto derivatives exchange is launching physically-delivered futures contracts that will be settled based on whether Facebook’s Libra does or does not launch in 2020. A crypto derivatives exchange is launching physically-delivered futures contracts that will be settled based on whether Facebook’s Libra does or does not launch in 2020. According to Bloomberg’s report on […]

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Coinbase Reinstates Full GBP Support for UK Clients

U.S.-based crypto exchange Coinbase reinstates GBP transfers for its United Kingdom customers. United States-based crypto exchange Coinbase has reinstated GBP transfers for its United Kingdom customers, according to an official announcement on Oct. 3. Coinbase has also added full support for five new crypto assets — Basic Attention Token (BAT), 0x (ZRX), Augur (REP), Stellar […]

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