The chairman of the Russian State Duma Committee on Financial Market said that Facebook’s forthcoming cryptocurrency Libra will not be legalized in Russia. Chairman of the Russian State Duma Committee on Financial Market Anatoly Aksakov has said that Facebook’s forthcoming cryptocurrency Libra will not be legalized in Russia, local news outlet TASS reported on June […]
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Fundstrat Global Advisors co-founder Tom Lee said that bitcoin could easily reach new highs. Fundstrat Global Advisors co-founder Tom Lee said that bitcoin (BTC) could easily reach new highs during an interview with CNBC published on June 18. In his comments, Lee said that bitcoin is becoming the reserve currency of the cryptocurrency space, and […]
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Eos developer Block.one has paid $30 million in cash to purchase the voice.com domain name for its new blockchain-based social media. Eos (EOS) developer Block.one has paid $30 million in cash to purchase a domain name for its new blockchain-based social media, called “Voice.” The development was revealed in a filing published by the United […]
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Mark Carney thinks that while regulators will have to be satisfied, Facebook users will want a cheaper way of moving money. The head of the United Kingdom’s central bank has said Facebook’s new libra cryptocurrency could have genuine use cases if it can conform to regulatory demands, the Financial Times (FT) reported on June 18. […]
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Leader of House Financial Services Committee Requesting Halt, Hearings on Facebook’s Libra. Disclaimer: this story is breaking and will be subject to updates. Rep. Maxine Waters, chairwoman of the United States House of Representatives’ Financial Services Committee is requesting that Facebook halt development on its cryptocurrency, the Libra, as reported by CNN Tech Reporter Brian Fung […]
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Head of blockchain at social media giant Facebook David Marcus said that the Libra Project will distance itself from Bitcoin and will share information with authorities. Head of blockchain at social media giant Facebook David Marcus said that the Libra Project will distance itself from bitcoin (BTC) and will share information with authorities, Cointelegraph Brazil […]
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French Minister of the Economy and Finance, Bruno Le Maire intends to ask Facebook for guarantees for its forthcoming digital currency Libra. French Minister of the Economy and Finance intends to “ask for guarantees” from Facebook in regards to its forthcoming digital currency Libra, media outlet Europe 1 reported on June 18. The Minister of […]
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Crypto analytics firm Coin Metrics partnered with Social Market Analytics to provide a social media-based feed of sentiment towards crypto. Crypto analytics firm Coin Metrics partnered with Social Market Analytics (SMA) to collaborate on a feed of real-time sentiment towards cryptocurrency based on social media data, according to a press release on June 17. The […]
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The research arm of cryptocurrency exchange Binance claims that Facebook’s Libra stablecoin could spark additional cryptocurrency volume. Binance Research, the research arm of major cryptocurrency exchange Binance, claims that Facebook’s Libra stablecoin could spark additional cryptocurrency volume in a post published on its blog on June 18. In the announcement concerning the release of the […]
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Facebook has released the white paper for its stablecoin project. Social media giant Facebook has released the white paper for its long-awaited cryptocurrency and blockchain-based financial infrastructure project today, June 18. According to the paper, Facebook’s global stablecoin, dubbed “libra,” will operate on the native and scalable Libra blockchain, and be backed by a reserve […]
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