Japanese authorities are investigating the impact of Facebook’s Libra stablecoin. Japanese authorities are investigating the impact of Facebook’s Libra stablecoin, The New York Times reported on July 12. Per the report, Japanese authorities have set up a working group tasked with investigating the impact of Facebook’s stablecoin on monetary policy and financial stability. The working […]
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Ethereum co-founder Mihai Alisie has spoken up on his concern that Libra is, and will potentially remain, a centralized digital currency. Ethereum’s co-founder Mihai Alisie is extremely concerned that Facebook is attempting to hoodwink regulators into approving a centralized “cryptocurrency,” according to a report by Bloomberg on July 11. In an interview with Bloomberg, Alisie […]
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John McAfee speaks with Cointelegraph about Facebook’s Libra, the importance of privacy and why he hasn’t paid U.S. taxes in eight years. When people outside of crypto think of John McAfee, they think computers, cybersecurity, anti-virus software. But in the world of crypto and blockchain, you think of a yacht in tropical waters, passionate — […]
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Bitcoin has risen after Trump’s negative tweets. Can it continue its move up or will it reverse direction? Let’s look at the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your […]
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Dallas Mavericks basketball team owner and billionaire entrepreneur Mark Cuban defined Facebook’s Libra stablecoin a big mistake. Dallas Mavericks basketball team owner and billionaire entrepreneur Mark Cuban defined Facebook’s Libra stablecoin a big mistake in an interview with CNBC published on July 12. During his interview, Cuban commented on the social media giant’s cryptocurrency endeavors. […]
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The United States Senate committee of commerce, science and transportation approved the Blockchain Promotion Act this week. The United States Senate committee of commerce, science and transportation approved the Blockchain Promotion Act on Tuesday, tech news outlet CNET reports on July 11. The bill, published by the outlet, moves the U.S. closer to a blockchain […]
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Fed Chairman Powell has said that a globally prevalent cryptocurrency could conceivably remove the need for reserve currencies. The Chairman of the United States Federal Reserve has said that a globally adopted cryptocurrency system could conceivably remove the need for reserve currencies. Testifying before the Senate Banking Committee on July 11, Fed Chairman Jerome Powell […]
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Trump’s first-ever public comments on Bitcoin achieved precisely zero fallout on markets as BTC price climbed above $11,500. Bitcoin (BTC) was starting to reverse upwards July 12 as a critical tweet from United States president, Donald Trump, became a hot talking point across cryptocurrency. Market visualization courtesy of Coin360 Data from Coin360 showed BTC/USD 0.9% […]
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Mark Carney discussed the problems Libra must address prior to launch, while noting the problems it aims to solve, commenting that they do indeed need a solution. Bank of England governor Mark Carney said that people need to acknowledge the issues Facebook is attempting to solve with Libra, regardless of the project’s potential downsides. Carney […]
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In a series of tweets, President Trump expresses opposition to cryptocurrencies, especially Bitcoin and Libra, while voicing support for USD. Disclaimer: This story is breaking and will be subject to updates. United States President Donald Trump voiced his opposition to cryptocurrencies as a whole, citing Bitcoin and Libra specifically, in a series of tweets published […]
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