When asked by th U.S. Fed about Libra, some of the nation’s biggest banks say Facebook’s token will reduce their payment volumes. Facebook’s crypto project Libra will potentially create a “shadow banking” system, according to the banks at the Federal Advisory Council (FAC). U.S. banks fear Libra will reduce payment volumes After the United States […]
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Major cryptocurrency payment services provider BitPay has undergone a security and confidentiality compliance audit, the Service Organization Control 2. Major cryptocurrency payment services provider BitPay has undergone a security and confidentiality compliance review, the Service Organization Control 2 (SOC 2). Per a Sept. 30 press release, business advisory company Aprio confirmed BitPay’s compliance with the […]
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Wyoming Blockchain Coalition president Caitlin Long hints at two new state laws she believes will be highly popular among cryptocurrency developers and owners. Wyoming Blockchain Coalition president Caitlin Long hinted at two new prospective state laws she believes will be highly popular among cryptocurrency developers and owners. In an interview during Peter McCormack’s podcast on […]
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From Cointelegraph Japan: This week’s selected cryptocurrency and blockchain news. In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, Bitflyer adds the Ether (ETH)/yen pair to its trading platform, the official website Ethereum.org adds a Japanese language version, while Monex CEO Oki Matsumoto says that Facebook opened Pandora’s box with its stablecoin project, […]
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North Korea is allegedly developing its cryptocurrency for bypassing U.S. sanctions, but experts point out other reasons for this initiative. It seems that a movement to create a national cryptocurrency is gaining momentum in Asia. Following China, the North Korean authorities announced their readiness to issue digital money and even indicated the availability of all […]
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While ordinary Cubans are using crypto access the global marketplace, the sector faces a number of challenges. Following the roll-out of mobile internet across the country in 2018, many ordinary Cubans are increasingly using cryptocurrencies to bypass economic sanctions imposed by the United States and access the global marketplace. Despite growing adoption, cryptocurrencies still face […]
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Komodo developer discloses a bug that can be used to expose IP addresses of Zcash’s shielded full nodes. A bug in all Zcash (ZEC) implementations and most of its forks could leak metadata containing the full nodes’ with shielded addresses (zaddr) IPs. Komodo (KMD) core developer Duke Leto disclosed the bug in a blog post […]
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Countries around the world take varying approaches to the crypto gambling and betting, with Japan perhaps having the most defined stance. The Japanese House of Representatives recently passed new crypto asset regulation affecting exchanges and custodians — the Payment Services Act and the Financial Instruments and Exchange Act. However, the country’s crypto gambling industry still […]
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Facebook’s chief operating officer Sheryl Sandberg is in talks to testify before the United States House about its Libra stablecoin and global market power. Facebook’s chief operating officer Sheryl Sandberg is in talks with the House Financial Services Committee to testify on Libra, Facebook’s stablecoin. Discussions on market power and Libra According to a Bloomberg […]
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Facebook hires lobbyists as Zuckerberg dines with lawmakers to try to get Libra across the regulatory line. When Facebook published the Libra white paper in June 2019, shockwaves were felt across the crypto markets the world over. Triggering the end of a long bear market, Bitcoin soared past the iconic $10,000 mark, and many prominent […]
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