Thursday, September 19, 2019
Home > House

House Financial Services Committee Will Continue Libra Review

Representative Maxine Waters, chair of the United States House of Representatives’ Financial Services Committee, says the committee will continue to review Facebook’s proposed cryptocurrency Libra and the corresponding digital wallet Calibra.A priority for autumn 2019Waters announced the committee’s priorities for fall 2019 on Aug. 23. According to the statement,

Read More

Austrian State Printing House Has Made a Cryptocurrency Cold Wallet

 Youniqx Identity AG, a subsidiary of the Austrian State Printing House, has developed a cryptocurrency hardware wallet, reveals a press release published on July 29.Per the report, the hardware wallet — named Chainlock — enables the offline storage of private keys allowing access to cryptocurrency wallets. The device is

Read More

Key Comments From Libra Hearing at US House of Representatives

The United States House of Representatives Financial Services Committee heard testimony from from Facebook’s David Marcus, today July 17. Marcus, the CEO of the Calibra wallet service for the social media giant’s forthcoming Libra stablecoin, attempted to assuage regulators’ concerns regarding the project and educate lawmakers on its purpose

Read More

‘I Like Bitcoin,’ Says House GOP Leader McCarthy while Criticizing Facebook’s Libra

Kevin McCarthy. Photo: Walt Disney Television / FlickrHouse Minority Leader Kevin McCarthy announced that he likes the decentralized nature and the security of Bitcoin. However, it doesn’t seem he feels the same way about Libra. He said:“I like Bitcoin and the security of the blockchain ledger technology behind cryptocurrencies.

Read More

SEC-Registered Clearing House Brings Crypto Trading to 5 Million Clients

American financial clearing and execution company Apex Clearing and its crypto investment subsidiary Apex Crypto have launched a new trading platform for broker-dealers and financial advisors to help their clients trade crypto more effectively. According to a June 27 press release announcing the new broker-integrated Apex Crypto platform, equity investors

Read More

House Reps Question FinCEN Director on Libra’s Potential for Illegal Usage

Director of the Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco briefed several members of the United States House on the potential for Libra’s use in money laundering, illicit financing, and other illegal activities, according to a press release from Representative Emanuel Cleaver II.Leading the meeting were Reps. Cleaver, Trey

Read More