Select altcoins are showing promise but can the top-five performers of the past week build on their gains? Let’s look at the charts. Facebook’s Libra continues to face opposition from lawmakers and central banks around the world. French Finance Minister Bruno Le Maire said that Europe should consider a European public digital currency to counter […]
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Blockchain technology is finding real-world utility across Africa via public-private partnership agreements in solving some of the continent’s burning issues. Blockchain adoption in Africa is on the rise. From transportation to the gaming and lottery industries, reports of companies utilizing decentralized ledger technology (DLT) across the continent are emerging. Several stakeholders in the African blockchain […]
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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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United States Treasury undersecretary Sigal Mandelker says that cryptocurrencies could become the next frontier in the war on terror. United States Treasury undersecretary Sigal Mandelker stated that cryptocurrencies could become “the next frontier” in the war on terrorism. According to a press release published on the U.S. Treasury’s website on Sept. 11, Mandelker made her […]
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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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Bertrand Perez shrugs off concerns about Facebook’s multiple battles over Libra, saying the coming year will resolve disputes with governments. The head of the nonprofit organization behind Facebook’s Libra digital currency has said the company is committed to launching it and clearing regulatory hurdles. Perez: “We don’t want to be like BlackRock” In an interview […]
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BTC price defends its five-figure price tag as market dominance returns to 70% at the expense of altcoins, notably Binance Coin (BNB). Bitcoin (BTC) price was holding above $10,000 on Sept. 12 after a fresh boost appeared to reinforce support for five figures. Market visualization. Source: Coin360 Bitcoin price steadies above $10,000 Data from Coin360 […]
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France has vowed to stop the development of Facebook’s Libra digital currency because the “monetary sovereignty of states is at stake.” Agence France-Presse (AFP) has reported today, Sept. 12, that France plans to block the development of Libra — Facebook’s proposed stablecoin payments network — in Europe. An unconfirmed report from BreakingtheNews.net claims that the […]
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Switzerland’s financial watchdog says it is open to international cooperation and oversight of the way in which it regulates Facebook’s planned cryptocurrency network. Switzerland’s financial watchdog says it is open to international cooperation and oversight of the way in which it regulates Facebook’s planned cryptocurrency network. In a Sept. 12 interview with Neue Zürcher Zeitung […]
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