Facebook CEO Mark Zuckerberg plans to tell Congress that Libra will not launch anywhere in the world until U.S. regulators approve it. Mark Zuckerberg, the founder of social media giant Facebook, plans to tell United States Congress that Libra will not launch anywhere in the world until U.S. regulators approve it. Libra won’t launch anywhere […]
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Crypto worth billions upon billions of dollars has been lost to fraud. But what are the most common scams, and can they be stopped? How can payment fraud be avoided? Introducing better verification measures can go a long way to protecting consumers. Amazon and eBay are often held up as good examples of how transactions […]
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The German Federal Ministry of Finance has expressed concerns about using privacy tokens due to their association with criminal activities and difficulties to track them down. The German Federal Ministry of Finance has expressed concerns about rising use of privacy tokens due to their association with criminal activities and difficulties in tracking them. Published on […]
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Banks may be bound to stop working with social media giant Facebook if the firm launches its Libra stablecoin, according to ING CEO Ralph Hamers. Banks may be bound to stop working with social media giant Facebook if the firm launches its Libra stablecoin, according to ING CEO Ralph Hamers. Bank can choose to “not […]
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The prosecutor for the Silk Road case says that the fiat-dominated financial system is inept at tackling the very thing it purports to worry about when it comes to Bitcoin. Kathryn Haun — a general partner at Andreesen Horowitz and the Justice Department’s prosecutor for the infamous Silk Road case —- says that the fiat-dominated […]
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FinCEN Director Kenneth Blanco says that the agency expects fintech firms that provide anonymous services to comply with Anti-Money Laundering standards. The United States Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco spoke at the University of Georgetown where he made it clear that Anti-Money Laundering (AML) laws apply to everyone. On Oct. 21, banking […]
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Cointelegraph Japan presents a weekly digest of selected cryptocurrency- and blockchain-related news. The cryptocurrency- and blockchain-friendly country of Japan has seen a number of significant developments for the industries this past week. A self-regulatory organization has introduced guidance for cryptocurrency custodians, while a subsidiary of major financial services firm SBI Holdings will conduct compliance policies […]
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David Marcus of the Libra Association reportedly said that the project would be open to using government currency-pegged stablecoins. Facebook is reportedly open to the idea of using national currency-pegged stablecoins for its forthcoming Libra project. According to Reuters on Oct. 20, David Marcus, the head of the Libra project for Facebook and CEO of […]
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A few of the top cryptocurrency performers of the past seven days are forming buy setups. What are the key levels to watch out for? Let’s analyze the charts. While the fundamentals in the crypto space have been improving over the past few months, repeated opposition to popular projects like Libra has kept the sentiment […]
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G20 nations call upon the International Monetary Fund to examine the macroeconomic implications of global stablecoins. The G20 finance chiefs of the world agree that global stablecoins give rise to a set of public policy and regulatory risks. On Oct. 18, Reuters reported that the G20, an international forum for the governments and central bank […]
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