Libra an ‘Important Catalytic Event,’ Says Swedish Central Bank Chief

The head of Sweden’s Riksbank has characterized Libra as “an incredibly important catalytic event” that is spurring central banks to ready themselves for digital transformation. The head of Sweden’s Riksbank has characterized Facebook’s Libra project as “an incredibly important catalytic event” that is spurring the world’s central banks to ready themselves for digital transformation. In […]

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US Treasury Secretary Says Firms Left Libra Due to Compliance Issues

U.S. Treasury Secretary Mnuchin said that firms are abandoning Libra due to its current inability to meet Anti-Money Laundering standards. United States Treasury Secretary Steven Mnuchin has attributed the recent spate of firms abandoning Facebook’s Libra stablecoin project to regulatory concerns. On CNBC’s Squawk Box on Oct. 14, Mnuchin stated that companies are abandoning the […]

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Fidelity Exec: We Are Very Careful About Where We Offer Cryptocurrencies

Kathleen Murphy, personal investing president of Fidelity Investments, says that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients. Kathleen Murphy, personal investing president of American financial services company Fidelity Investments, has said that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients. Murphy voiced […]

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US SEC Rejects Bitwise Bitcoin ETF Proposal

The United States SEC has rejected a proposal for a Bitcoin ETF from Bitwise Asset Management and NYSE Arca. The United States Securities and Exchange Commission (SEC) has rejected a proposal to list a Bitcoin (BTC) exchange-traded fund (ETF). In an announcement on Oct. 9, the Commission stated that the ETF filing from Bitwise Asset Management and […]

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‘Closer Than Ever’ to Bitcoin ETF, Says Bitwise Ahead of SEC Deadline

Executives at Bitwise Asset Management are highly optimistic as the deadline for the U.S. SEC’s decision on their proposed Bitcoin exchange-traded fund nears. Executives at Bitwise Asset Management are highly optimistic as the deadline for the United States Securities and Exchange Commission’s (SEC) decision on their proposed Bitcoin (BTC) exchange-traded fund (ETF) looms on the […]

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Ex-Federal Prosecutor: US Blocking Libra Has National Security Implications

Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun argues that the United States blocking Facebook’s Libra will have national security implications. Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun has argued that the United States blocking Facebook’s Libra digital currency will have national security implications. Haun’s comments were reported in a CNBC profile […]

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