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 […]
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The QuadrigaCX story gets weirder, and Satoshi Nakamoto is apparently the author of a coloring book. Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one […]
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Summary of the first reactions on Facebook’s Libra. Facebook has released its much anticipated white paper for the cryptocurrency Libra. The initial reviews of the highly secretive mega-project are mixed, to say the least. Before taking a look at responses across the cryptosphere, let’s have a quick recap of the Facebook proposal. The Libra coin […]
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The U.S. Senate will hear views and analysis on Facebook’s new cryptocurrency, Libra. The Banking Committee of the United States Senate will hear testimony on Facebook’s Libra cryptocurrency project on July 16, economic news site MarketWatch reports on June 19. The social media giant released the white paper for its Libra token yesterday. The stablecoin, […]
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A spokesperson for Calibra, Facebook’s new digital wallet, says it will not be available in U.S.-sanctioned countries, or those that have banned cryptocurrencies. Facebook’s Calibra digital wallet will not be available in some of the social network’s largest markets, including India, according to a TechCrunch report on June 19. A spokesperson told the website: “The libra blockchain will be […]
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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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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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Binance blocks traders in 29 other countries from its DEX website but say affected users can utilize supported wallet apps or VPNs to bypass the restriction. At the start of June 2019, reports emerged that Binance DEX’s website was blocking users with IP addresses from 29 countries. This news immediately caused confusion with some commentators, […]
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Global settlement firm OKLink, a subsidiary of cryptocurrency exchange OKEx, launches its USDK stablecoin. Global settlement firm OKLink, a subsidiary of major cryptocurrency exchange OKEx, will launch its stablecoin today, June 3, an OKEx representative told Cointelegraph. In an email sent to Cointelegraph, the OKEx rep specified that the stablecoin — dubbed USDK — will […]
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Why Kik believes it has a case against the SEC in proving that “kin” isn’t a security. It’s difficult to fight progress. Although, if you’re the United States Securities and Exchange Commission (SEC), you can at least try, which could explain why the agency has so far refrained from producing clear and favorable cryptocurrency regulation. […]
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