Tag: finance

Reuters: Facebook Met British Authorities Prior to Libra’s Official Announcement

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Facebook reportedly met British authorities and regulatory officials three times prior to publicly announcing the Libra stablecoin project. Facebook reportedly met British authorities and regulatory officials three times prior to publicly announcing plans for the Libra stablecoin project. As Reuters reported on Sept. 18, this spring Facebook had several appointments with officials at Britain’s finance […]

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German Gov’t Approves New Plan to Block Private ‘Parallel Currencies’

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Germany’s government has approved a blockchain strategy that aims to prevent stablecoins from becoming alternative currencies and threatening state sovereignty. Germany’s government has approved a blockchain strategy that aims to prevent stablecoins from becoming alternative currencies and threatening state sovereignty. Reuters reported on Sept. 18 that Chancellor Angela Merkel’s cabinet passed the strategy earlier today, […]

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European Space Agency Awards €60K for Blockchain Satellite Wallet

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The European Space Agency has awarded a €60,000 grant for blockchain startup SpaceChain to commercially develop its satellite-powered, multi-sig wallet. The European Space Agency (ESA) has awarded a 60,000 euro ($66,400) grant for blockchain startup SpaceChain to commercially develop its satellite-powered, multi-sig wallet. According to an announcement published on Sept. 18, the new grant comes […]

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German Finance Minister Says Gov’t Must Reject Facebook’s Libra Coin

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German Finance Minister says that policymakers cannot accept “parallel currencies” like Facebook’s proposed Libra and must reject them clearly. German Finance Minister Olaf Scholz stated that policymakers cannot accept parallel currencies such as Facebook’s proposed Libra stablecoin. Prevent stablecoins from becoming alternative currencies As reported by Reuters, on Sept. 17, German Vice Chancellor and Finance […]

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PayPal: ‘A Lot of Work’ Still Needs to Happen for Libra to Become Real

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PayPal representatives have said they remain cautious about the future of Facebook’s Libra, yet they continue to strongly believe in its potential. PayPal representatives have said they remain cautious about the future of Facebook’s planned stablecoin Libra, according to a Sept. 14 report from Agence France Press (AFP). PayPal investor relations vice president Gabrielle Rabinovitch […]

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Crypto News From Asia: Sept. 9–15

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From Cointelegraph Japan: This week’s selected cryptocurrency and blockchain news. In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, government and industry officials secured important appointments, while new data shows the popularity of cryptocurrencies and their favored uses in Japan and China.  Expert: Bitcoin is most commonly used for remittances in China On […]

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Crypto News From the German-Speaking World: Sept. 9–15 in Review

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From Cointelegraph auf Deutsch: This week’s selected cryptocurrency and blockchain news. The German-speaking world continues to see lots of developments in the crypto industry, as a Liechtenstein-based exchange is tokenizing a $25 million movie fund with actor Wesley Snipes, Austrian textile manufacturers use blockchain to go green and a Swiss crypto finance company expands its […]

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