Cryptocurrency Analysis and News Portal
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
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In July, tech giant Facebook (NASDAQ:FB) announced that it was going to launch its own cryptocurrency named Libra, and since then, it has lurched from one problem to the next. Policymakers from all across the world, including the head of the US Federal Reserve and US President Donald Trump, expressed their
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The Libra Association has opened its bug bounty program to the public to address security concerns in advance of Libra’s anticipated 2020 launch.Expanding the playing fieldThe announcement comes via a post on Libra’s website on Aug. 27. The post emphasized that the expansion of the program would promote values
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Recently, Congresswoman Maxine Waters, the chair of the US House Financial Services Committee visited Switzerland to learn more about Facebook’s Libra crypto project. Facebook has incorporated Libra in the crypto-friendly jurisdiction of Switzerland like many other blockchain-based firms and said that Libra will be issued and managed by the Geneva,
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Coming every Sunday, 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 CryptoX in one link.Top Stories This WeekBinance reveals “Venus” — its own
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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,
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At least three investors in Facebook’s Libra cryptocurrency are considering disassociating with the currency following intense regulatory pushback. According to a report published in the Financial Times on Friday, some backers are fearful that the spotlight placed on the social media giant’s proposed cryptocurrency will also bring their own separate, independent
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Over the past few days, a number of Libra-related announcements have been made — only, they weren’t from Facebook, the Libra Association, Calibra wallet or any other party involved in its development. First, top crypto exchange Binance announced a project called “Venus” — coincidentally, another astrology-themed name — which will
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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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