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Libra Labeled a ‘Monetary Threat’ By Senior US Bank Executives

Libra, the underfire planned cryptocurrency from Facebook (NASDAQ:FB), has been described as a monetary threat by senior US bank executives in a meeting with the Federal Reserve.  Senior Bank Execs Opposed to Libra Libra has been heavily scrutinized by regulatory bodies and financial institutions across the globe since it was first announced

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Ripple Senior Executive: Facebook Libra Crypto Project Is a Walled Garden

In a recent CNBC interview, Ripple’s senior vice president of customer success Marcus Treacher has described Facebook’s Libra crypto project as a “walled garden,” meaning a closed system.He also added that in contrast with Facebook Libra, Ripple (XRP)trade is no walled garden; however, the social media giant’s entry into the

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Senior Ripple Exec Attacks Facebook’s Libra Over Centralization

Marcus Treacher, a senior executive at blockchain cross-border remittance giant Ripple is seemingly kicking-off a modern “cola war” with their emerging rival Libra, Facebook’s controversial cryptocurrency. Treacher, the head of Ripple’s strategic accounts globally, criticized the so-called Facebook cryptocurrency for being “a walled garden.” The executive stressed that

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eToro Senior Analyst Mati Greenspan’s 3 Favorite Crypto Picks – CCN.com

eToro Senior Market Analyst Mati Greenspan revealed his favorite three cryptocurrencies to hold for the long term. | Source: Shutterstock; Edited by CCNeToro senior markets analyst Mati Greenspan isn't one to mince words. When responding to a query on entry-level crypto investing, the portfolio manager didn't hesitate to point

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Bitcoin Payments Priority For Norwegian Air, Says Senior Executive

Bitcoin (BTC) payments should be coming to Norway’s low-cost airline Norwegian Air this year, after its co-founders set a date for opening their own cryptocurrency exchange.According to local finance newspaper Dagens Næringsliv, the Kjos family intend to launch trading on their nascent NBX exchange in August. Swiftly expanding into neighboring

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Senior Official in Russian Parliament Says That Cryptos Can Ruin Governments

A senior official in Russia's parliament, the State Duma, has argued that cryptocurrencies have the potential to ruin governments, Russian financial media agency Rambler reported on May 20.Nikolai Arefiev, a member of the Communist Party of the Russian Federation and vice-chairman of the Duma’s committee on economic policy, innovative

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Cryptocurrency and Smart Contracts Will For Sure Enter Into Society, Says Senior UK Lawyer

One of the United Kingdom’s most senior lawyers said in a speech on May 2 that cryptocurrency and smart contract use will inevitably begin, but regulations are needed.Addressing the University of Liverpool School of Law and the Northern Chancery Bar Association, Sir Geoffery Vos, Chancellor of the High Court,

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JPMorgan Chase Senior Executive Becomes CEO of Blockchain Precious Metals Firm

Blockchain-powered precious metals platform Tradewind has appointed an ex-JPMorgan Chase executive as its new CEO, the company confirmed in a press release on April 30.Michael Albanese, who previously worked as the bank’s Global Head of Agency Collateral Management and Global Head of Securities Clearance, will take over Tradewind’s operations

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Coinbase Loses 3 Senior Executives in 6 Months as Dan Romero Quits Position

United States cryptocurrency exchange Coinbase has lost another senior executive as its head of international, Dan Romero, announced his resignation in a blog post on April 12.Romero, who worked for five years at the company in various positions, follows director of institutional sales, Christine Sandler, and ex-vice president and

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Facebook Posts Job Vacancy for Senior Lawyer With Blockchain, Payments Experience

Facebook is seeking to hire a senior lawyer with experience in both blockchain and payments, a job description uploaded to its website this week confirms.Facebook, which has hinted about plans involving blockchain, cryptocurrency and payments across its social media ecosystem, now wants a Lead Commercial Counsel to guide the

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