Bitcoin’s rise to multi-month highs may be attributable to a significant uptick in institutional activity over the past year, data from institutional crypto lender Genesis Capital reveals. Bitcoin (BTC)’s rise to multi-month highs may be attributable to a significant uptick in institutional activity over the past year, according to a report broadcast on CNBC television […]
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The Bank of France Governor said that Facebook’s Libra must comply with anti-money laundering regulation and seek banking licenses if it offers banking services. Bank of France Governor Francois Villeroy de Galhau said that Facebook’s Libra stablecoin must comply with anti-money laundering regulation and seek banking licenses if it offers banking services, Reuters reports on […]
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Ex-Trump advisor and conservative economist Stephen Moore has joined a stablecoin project that aspires to function as a new type of ‘crypto central bank.’ Stephen Moore — the economist who advised Trump on his tax cut policy and made an aborted Trump-backed bid to join the United States Federal Reserve board — has joined a […]
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When Facebook confirmed its crypto plans in mid June, BTC/USD was already riding gains of 130% since April. Bitcoin (BTC) was already trading above $9000 when Facebook formally unveiled its Libra cryptocurrency protocol. Despite many commentators arguing the current bitcoin price spike is due to the social media giant, a glance at data puts bitcoin’s […]
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Bitcoin naysayers are having a hard time realizing that it’s here to stay, says Nexo cofounder Antoni Trenchev. Co-founder and managing partner of cryptocurrency lending startup Nexo Antoni Trenchev said that bitcoin (BTC) naysayers are having a hard time in an interview with CNBC published on June 25. During the interview, Trenchev pointed out that […]
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Circle CEO Jeremy Allaire believes non-sovereign cryptos such as bitcoin will see continued growth despite the emergence of assets such as Facebook’s Libra and stablecoins. Jeremy Allaire, co-founder and CEO of payments company Circle, believes non-sovereign cryptocurrencies such as bitcoin (BTC) will continue to see growth despite the proliferation of new forms of digital assets […]
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The U.S. House Financial Services Committee will hear testimony about Facebook’s new cryptocurrency Libra in July. The United States House Financial Services Committee will be holding a hearing on the social media giant Facebook’s proposed virtual currency Libra on July 17, according to a press release on June 24. The announcement comes by way of […]
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Centre consortium founders Coinbase and Circle open invitations to other institutions wishing to issue USD Coin. Stablecoins have become rather frequently discussed in the news and social media over the past few weeks, especially with the news of the release of the Facebook-backed Libra coin. The current wave of stablecoin issuance could be attributed to […]
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A former economic adviser to the Trump administration has come out in support of Facebook’s Libra coin. A former economic adviser to United States President Donald Trump has expressed support for Facebook’s stablecoin Libra, Yahoo Finance reported on June 24. In an interview with Yahoo Finance, conservative economist and fellow at The Heritage Foundation Stephen […]
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A vacancy reveals that Facebook is searching for an “experienced analytics leader” to spearhead data science for its upcoming Calibra wallet. Facebook has started advertising for a head of data science to work on its Calibra wallet, a recent job posting shows. According to the tech giant’s vacancy, it is looking for an “experienced analytics leader” who […]
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