Cryptocurrency Analysis and News Portal
If it wasn’t for Bitcoin there would be no Libra. That much is self-evident, since Satoshi’s creation laid the groundwork for every crypto asset that’s followed. The extent to which
Read More
Social media giant Facebook has hired two more lobbyists to aid the release of its forthcoming Libra stablecoin.As Bloomberg reported on Sept. 5, lobbying disclosures filed earlier this week revealed that William Hollier, the president of legislative and regulatory counseling firm Hollier Associates LLC, began lobbying for Facebook on
Read More
Ever since Facebook announced its cryptocurrency Libra, the social media giant has had to face wave after wave of backlash from regulators across the spectrum from countries all over the world. With that, Libra has essentially managed to put all cryptocurrencies in the crosshairs of these regulators.Now, lobbyists and supporters
Read More
For the cryptosphere, August was marked by the hotly debated announcements of world giants regarding the releases of international cryptocurrencies. The People’s Bank of China (PBoC) announced the imminent release of a national digital currency, Walmart began developing its own blockchain, Binance launching the Venus project, and Pavel Durov’s
Read More
The release date for Facebook’s upcoming cryptocurrency Libra has not been disclosed yet but the company is planning on an early 2020 release. To avoid any post-launch bugs, Facebook is now offering up to $10,000 per bug (depending on the severity) to people who can find a flaw in Libra’s
Read More
Facebook has hired the Washington-based public policy and business strategy advisory firm FS Vector that specializes in the fintech, cryptocurrency, blockchain and financial services markets to support it on issues related to crypto policy.The firm was hired by the social media giant amid regulatory pushback from U.S. lawmakers over the
Read More
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
Read More