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The cryptosphere was rubbing its hands with glee when U.S. president Donald Trump fired off a typically cantankerous tweetstorm on June 11 in which he took aim at Bitcoin, cryptocurrencies and Libra. Bitcoiners relished the sudden attention directed towards their sphere from the president’s 62 million-strong Twitter account, but took issue with the veracity of … Read more
President Trump tweets opposition to cryptocurrencies less than a week before congressional hearings on Libra Go to Source Powered by WPeMatico
Mark Carney says Libra is aiming to fix issues that need to be addressed, even if Libra proves not to be the solution Go to Source Powered by WPeMatico
President Trump tweets opposition to cryptocurrencies less than a week before congressional hearings on Libra Go to Source Powered by WPeMatico
Libra faces intense scrutiny as lawmakers and industry experts highlight its potential risks Go to Source Powered by WPeMatico
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements. Also read: G20 Leaders Issue Declaration on Crypto Assets – … Read more
The chair of the Federal Reserve said Facebook needs to address a number of concerns thoroughly and carefully before it can move forward with Libra Go to Source Powered by WPeMatico
Fiscal Policy Office legal officer Sumaporn Manason stated that Libra will likely face difficulties entering Thailand Go to Source Powered by WPeMatico
Facebook’s David Marcus has written a letter to Maxine Waters and other members of the House Financial Services Committee to address concerns surrounding Libra Go to Source Powered by WPeMatico
India’s Economic Affairs Secretary said he is not comfortable with Facebook’s stablecoin Libra Go to Source Powered by WPeMatico
