Wednesday, April 9, 2025

Facebook Faces European Union Antitrust Probe over Libra Cryptocurrency

According to Bloomberg, the EU’s antitrust regulators have started investigating the Facebook’s Libra cryptocurrency project.Earlier in August, EU authorities sent out questionnaires to the groups involved with the Libra project, stating that the Commission is investigating whether the new digital currency project would unfairly shut out rivals. The questionnaire is

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Bitcoin Dominance Actually Above 90%, New Research Suggests

According to expert predictions, the Bitcoin dominance registered on CoinMarketCap has been tweaked for liquidity. Forecasting that in reality, the dominance could cripple the survival of Altcoins.As the current value of Bitcoin hovers around $10,000, it’s dominance upsurges in correspondence. According to CoinMarketCap’s estimate as at Thursday, 5th August. BTC dominance

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Libra Members Consider Quitting Project Due to Gov’t Pressure: Report

At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback.A report from the Financial Times on Aug. 23 alleges that two founding partners of Facebook’s Libra Association have held discussions about what their “right

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Bitcoin Payments 6x Cheaper for Municipalities, Says Canadian Exchange

Evan Kuhn, Toronto-based cryptocurrency exchange Coinberry’s co-founder, stated that accepting Bitcoin (BTC) for taxes is more efficient than using bank card payments.As real estate news outlet Mansion Global reported on Aug. 22, Kuhn claims that his company takes much lower fees than the ones that card institutions impose on

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