Facebook hires lobbyists as Zuckerberg dines with lawmakers to try to get Libra across the regulatory line. When Facebook published the Libra white paper in June 2019, shockwaves were felt across the crypto markets the world over. Triggering the end of a long bear market, Bitcoin soared past the iconic $10,000 mark, and many prominent […]
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Oxfam is readying to launch its second trial phase using the DAI stablecoin to distribute financial aid. Following the first phase of the Unblocked Cash program in Vanuatu, Oxfam is readying to launch the pilot program’s second phase using the Dai stablecoin to distribute disaster relief. Speaking exclusively to Cointelegraph, Oxfam Pacific Cash and Livelihoods […]
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Multiple EU politicians are calling for a united European digital currency to counter Facebook’s stablecoin project Libra. The ripples of the Libra effect are beginning to lap against the shores of Europe, with French Finance Minister Bruno Le Maire suggesting that Europe should throw its hat into the ring and launch its own digital currency. […]
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Governments and private companies think that blockchain identity systems could empower citizens to take control of personal data. The rapid onset of technological advancement is not evenly spread. Society is increasingly becoming digitally literate and uses emerging technology for work, to communicate and pay for things in ways unimaginable just 15 years ago. So, why […]
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Libra’s launch is predicted for the second half of 2020, France wants to create a “EuroCoin” to rival Facebook, and Domino’s is giving away Bitcoin worth $110,000. Top Stories This Week Facebook’s crypto launching in H2 2020, says Libra Association chief The head of the not-for-profit driving Facebook’s Libra digital currency has said he is […]
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The European Central Bank and 25 global central banks will meet with Libra to assess the purported financial stability risks of the project. Officials from the European Central Bank (ECB) and 25 global central banks will meet with Libra to assess the financial stability risks of the project. Central bank forum to challenge Libra On […]
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British Financial Conduct Authority granted a license under the European Benchmarks Regulation to CME Group’s Bitcoin index provider CF Benchmarks. CF Benchmarks, CME Group’s Bitcoin (BTC) index provider, received a benchmark license under the European Benchmarks Regulation (EU BMR). On Sept. 13, CF Benchmarks’ official Twitter account announced that the firm received its license from […]
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Every sixth Facebook user will have their personal data exposed. This will happen with any centralized service unless we use new KYC methods with blockchain. If you are one of the 2.4 billion active Facebook users, the probability that your data has been leaked is around 17%, given the recent news of 419 million accounts […]
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The government of Germany has spoken against Facebook’s Libra stablecoin in the EU, but notes openness to a state-run cryptocurrency. The government of Germany has spoken against the authorization of the development of Facebook’s forthcoming Libra stablecoin in the European Union. As German weekly news magazine Spiegel reported on Sept. 13, the Christian Democratic Union […]
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French Finance Minister Bruno Le Maire has said that Europe should consider its own “public digital currency” that could challenge Facebook’s Libra. French Finance Minister Bruno Le Maire has said that Europe should consider its own “public digital currency” that could challenge Facebook’s Libra. The Minister’s remarks — the latest in a series of vocal […]
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