libra Archives - Page 92 of 98

BaFin Head Urges Global Bank Standards in Response to Facebook’s Libra

June 26, 2019cashtechnews

BaFin’s president Felix Hufeld has urged regulators to develop standards in response to Facebook’s forthcoming cryptocurrency, Libra. The head of the German Federal Financial Supervisory Authority (BaFin) has urged regulators to develop standards in response to Facebook’s forthcoming cryptocurrency, Libra, Cointelegraph Deutschland reported on June 26 Speaking at the International Club Frankfurter Wirtschaftsjournalisten, BaFin President […]

Deutsche Bank: ‘Aggressive’ Central Banks Making Bitcoin More Attractive

June 26, 2019cashtechnews

Deutsche Bank lead strategist predicted that interest rate cut by the Fed will make cryptos more attractive as opposed to fiat. The potential interest rate cut by the United States central bank is apparently one of the reasons for the recent surge of bitcoin (BTC), Deutsche Bank exec Jim Reid said in an interview with […]

Genesis Capital: Institutional Activity in Crypto Up 300% in 12 Months

June 26, 2019cashtechnews

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 […]

French Central Bank: Facebook’s Libra May Need Banking License

June 25, 2019cashtechnews

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 […]

‘Hope It Makes Me Rich’ — Ex-Trump Advisor Joins Crypto ‘Central Bank’

June 25, 2019cashtechnews

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 […]

No, It’s Not Facebook: Bitcoin Price Already Up 200% in 2019 Before Libra

June 25, 2019cashtechnews

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 […]

Bitcoin Doubters ‘Having a Hard Time’ Continuing Doubting, Says Nexo Exec

June 25, 2019cashtechnews

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 […]

Circle CEO: ‘Non-Sovereign’ Bitcoin and Cryptos Will See Continued Growth

June 25, 2019cashtechnews

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 […]

US House of Representatives to Hold Hearing on Facebook’s Libra in July

June 24, 2019cashtechnews

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 […]

Circle and Coinbase’s Centre Seeks to Form Consortium to Promote, Issue USDC

June 24, 2019cashtechnews

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 […]

Tag: libra

BaFin Head Urges Global Bank Standards in Response to Facebook’s Libra

Deutsche Bank: ‘Aggressive’ Central Banks Making Bitcoin More Attractive

Genesis Capital: Institutional Activity in Crypto Up 300% in 12 Months

French Central Bank: Facebook’s Libra May Need Banking License

‘Hope It Makes Me Rich’ — Ex-Trump Advisor Joins Crypto ‘Central Bank’

Bitcoin Doubters ‘Having a Hard Time’ Continuing Doubting, Says Nexo Exec

Circle CEO: ‘Non-Sovereign’ Bitcoin and Cryptos Will See Continued Growth

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