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Regulator’s Eye on Libra Shouldn’t Apply to Bitcoin and Other Crypto - Crypto Champions
Altcoin News
Regulator’s Eye on Libra Shouldn’t Apply to Bitcoin and Other Crypto - Crypto Champions
Altcoin News

Data of Half a Billion Facebook Users Leaked; Will Regulators Let Libra Survive Now?

Social media giant Facebook’s cryptocurrency project Libra has been surrounded by controversies since it was announced. Regulators around the world have voiced concerns around Facebook’s lack of security measures to protect customer’s data after the Cambridge Analytica scandal, and the cryptocurrency’s potential threat to the global financial system. Amid intense regulatory scrutiny, Facebook has once

Social media giant Facebook’s cryptocurrency project Libra has been surrounded by controversies since it was announced. Regulators around the world have voiced concerns around Facebook’s lack of security measures to protect customer’s data after the Cambridge Analytica scandal, and the cryptocurrency’s potential threat to the global financial system. Amid intense regulatory scrutiny, Facebook has once

ECB
Altcoin News
ECB
Altcoin News

No Relief For Facebook Libra, European Central Bank’s Officials Call it “Beguiling But Treacherous”,

Renowned jurist and European Central Bank’s (ECB) key legal official, Yves Mersch, has weighed in on Facebook’s much controversial proposed global digital currency, Libra, calling it “beguiling but treacherous.” “Beguiling But Treacherous” The jurist and lawyer who, until 2012, served as the governor of the Central Bank of Luxembourg and is presently an Executive member

Renowned jurist and European Central Bank’s (ECB) key legal official, Yves Mersch, has weighed in on Facebook’s much controversial proposed global digital currency, Libra, calling it “beguiling but treacherous.” “Beguiling But Treacherous” The jurist and lawyer who, until 2012, served as the governor of the Central Bank of Luxembourg and is presently an Executive member

Binance
Altcoin News
Binance
Altcoin News

This is How Binance is Planning to Get Governmental Acceptance for Venus

Major cryptocurrency exchange, Binance’s co-founder He Yi has said that the exchange has learnt from Libra’s mistake and will be doing things differently for the launch of Venus, its own ‘independent regional version’ of Libra. The strategy Binance is adopting is to make Venus, government and regulatory compliant. While this sounds simple, given the challenges

Major cryptocurrency exchange, Binance’s co-founder He Yi has said that the exchange has learnt from Libra’s mistake and will be doing things differently for the launch of Venus, its own ‘independent regional version’ of Libra. The strategy Binance is adopting is to make Venus, government and regulatory compliant. While this sounds simple, given the challenges

Australia Officially Calls “More Data from Facebook Over Libra”, Joins Global Regulators
Altcoin News
Australia Officially Calls “More Data from Facebook Over Libra”, Joins Global Regulators
Altcoin News

Facebook Declares Bug Bounty Program for its Libra Cryptocurrency

Facebook has announced that despite regulatory issues, it will be moving forward with its Libra project and is partnering with HackerOne on a bug bounty project for applications that have been built on its blockchain. The media giant is offering up to $10,000 bounty to developers who are able to point out bugs and flaws

Facebook has announced that despite regulatory issues, it will be moving forward with its Libra project and is partnering with HackerOne on a bug bounty project for applications that have been built on its blockchain. The media giant is offering up to $10,000 bounty to developers who are able to point out bugs and flaws

libra
Stablecoin News
libra
Stablecoin News

Libra Discussions with Swiss Authorities Clears U.S. Lawmakers’ Doubts

A US delegation of the House of Financial Committee led by Chairwoman Maxine Waters met with the Swiss authorities to discuss Libra. The outcome of the meeting was, however, still disappointing for Libra backers. The areas of concern echoed with their meeting with Libra Association head, David Marcus. Congress feared that if Libra is allowed it

A US delegation of the House of Financial Committee led by Chairwoman Maxine Waters met with the Swiss authorities to discuss Libra. The outcome of the meeting was, however, still disappointing for Libra backers. The areas of concern echoed with their meeting with Libra Association head, David Marcus. Congress feared that if Libra is allowed it

Facebook Officially Responds to US Congressional Committee’s Letter to Halt Libra Development
Blockchain News
Facebook Officially Responds to US Congressional Committee’s Letter to Halt Libra Development
Blockchain News

Libra’s Backers Are Now Backing Out, What Next?

According to a report by Financial Times (FT), at least 3 backers of the controversial Facebook cryptocurrency project, Libra have denounced their support for the proposed global project. Libra came onboard the cryptocurrency scene with a grand plan to bank as many as 1.7 billion unbanked people across the globe. Facebook, with its 2.6 billion

According to a report by Financial Times (FT), at least 3 backers of the controversial Facebook cryptocurrency project, Libra have denounced their support for the proposed global project. Libra came onboard the cryptocurrency scene with a grand plan to bank as many as 1.7 billion unbanked people across the globe. Facebook, with its 2.6 billion

Australia Officially Calls “More Data from Facebook Over Libra”, Joins Global Regulators
Altcoin
Australia Officially Calls “More Data from Facebook Over Libra”, Joins Global Regulators
Altcoin

Binance’s Venus set to compete with Facebook’s Libra, how will it all turn out?

Binance exchange has planned to launch a virtual currency named ‘Venus.’ The goal is to emphasize on localized stablecoins that would be pegged to fiat currencies. Yesterday (Aug 19th) Binance announced that they are set to launch a new crypto project with an open blockchain. Binance exchange one of the biggest crypto exchanges on the

Binance exchange has planned to launch a virtual currency named ‘Venus.’ The goal is to emphasize on localized stablecoins that would be pegged to fiat currencies. Yesterday (Aug 19th) Binance announced that they are set to launch a new crypto project with an open blockchain. Binance exchange one of the biggest crypto exchanges on the

facebook twitter
Bitcoin News
facebook twitter
Bitcoin News

How Twitter and Facebook Founders are Chasing Crypto, But Differently

Facebook and Twitter are undoubtedly the two Social Media Giants of the western world. Facebook’s reach is more extensive and stronger with subsidiaries like Instagram and WhatsApp. Nevertheless, while Facebook lacks trust, Twitter is one of the most trusted social media platforms. The benefits that blockchain and cryptocurrencies present are massive. However, more often than

Facebook and Twitter are undoubtedly the two Social Media Giants of the western world. Facebook’s reach is more extensive and stronger with subsidiaries like Instagram and WhatsApp. Nevertheless, while Facebook lacks trust, Twitter is one of the most trusted social media platforms. The benefits that blockchain and cryptocurrencies present are massive. However, more often than

cryptocurrencies
Regulation News
cryptocurrencies
Regulation News

“Cryptocurrencies Have A Big Future”, White House Chief Strategist Expresses Optimism

Cryptocurrencies have a big future. Steve Bannon’s interview couldn’t be more assuring and mind-blowing as he concluded his short session of the online video interview on CNBC earlier today. Cryptocurrencies have recently found favor where it really matters and they have done a good job in getting people talking endlessly about future possibilities and financial

Cryptocurrencies have a big future. Steve Bannon’s interview couldn’t be more assuring and mind-blowing as he concluded his short session of the online video interview on CNBC earlier today. Cryptocurrencies have recently found favor where it really matters and they have done a good job in getting people talking endlessly about future possibilities and financial

Image: FCA Building
Regulation News
Image: FCA Building
Regulation News

British Financial Watchdog, FCA, Warns Against the Risks Associated with “Unregulated Cryptoassets”

The British Financial Conduct Authority, FCA, has issued a rather strict warning in a guideline released Wednesday 31st July that cryptocurrencies like Bitcoin, Ethereum and Ripple are unregulated assets. It has also alerted investors of the risks involved in purchasing these assets. Bitcoin (BTC), Ether (ETH), Ripple (XRP) and other similar cryptocurrencies or crypto-assets have

The British Financial Conduct Authority, FCA, has issued a rather strict warning in a guideline released Wednesday 31st July that cryptocurrencies like Bitcoin, Ethereum and Ripple are unregulated assets. It has also alerted investors of the risks involved in purchasing these assets. Bitcoin (BTC), Ether (ETH), Ripple (XRP) and other similar cryptocurrencies or crypto-assets have

Ripple CEO
Altcoin News
Ripple CEO
Altcoin News

Ripple CEO Says “U.S Dollar Works Well”, Calls Libra’s Idea “Arrogant”

Ripple CEO, Brad Garlinghouse during an interview on CNBC Squawk Box Tuesday, opened up on Facebook Libra during a discussion focusing on Libra’s effect on the crypto world. Brad, in his statement about Facebook, Libra and how Facebook dealt with the idea of its proposed cryptocurrency, said that Facebook was arrogant about how it presented

Ripple CEO, Brad Garlinghouse during an interview on CNBC Squawk Box Tuesday, opened up on Facebook Libra during a discussion focusing on Libra’s effect on the crypto world. Brad, in his statement about Facebook, Libra and how Facebook dealt with the idea of its proposed cryptocurrency, said that Facebook was arrogant about how it presented

Libra
Altcoin News
Libra
Altcoin News

Facebook Shows Pessimism On Libra’s Future, Says “It May Never See The Light Of Day”

The giant social media company, Facebook, has expressed its pessimism about the whole idea of its proposed cryptocurrency, Libra, maintaining that it may never become a reality. This news came after a series of disappointments seen by the company and the skeptic reviews it got from regulators across the globe. Therefore, in a quarterly report

The giant social media company, Facebook, has expressed its pessimism about the whole idea of its proposed cryptocurrency, Libra, maintaining that it may never become a reality. This news came after a series of disappointments seen by the company and the skeptic reviews it got from regulators across the globe. Therefore, in a quarterly report

Representations of Libra and Bitcoin cryptocurrencies
Altcoin News
Representations of Libra and Bitcoin cryptocurrencies
Altcoin News

Bitcoin Still King As 98% Americans Show No Interest In Libra

According to a recent report, only 2% of Americans would rather use Facebook’s proposed cryptocurrency, Libra in the stead of Bitcoin. This was derived in a series of surveys in which Americans gave consent about their knowledge of cryptocurrencies and made known their interests in particular cryptocurrencies. While many Americans have heard of the term

According to a recent report, only 2% of Americans would rather use Facebook’s proposed cryptocurrency, Libra in the stead of Bitcoin. This was derived in a series of surveys in which Americans gave consent about their knowledge of cryptocurrencies and made known their interests in particular cryptocurrencies. While many Americans have heard of the term

ecb president on libra
Regulation News
ecb president on libra
Regulation News

Libra: ECB President Raises ‘Substantial’ Concerns over Facebook’s Plans

Facebooks’ crypto announcement of Libra has had a massive impact on the cryptocurrency markets. Even before its launch, the interest in Libra has already surpassed top cryptos like Ethereum and XRP. Bereft with regulatory concerns, recently, Mark Zuckerberg reaffirmed that they would set it right, no matter how long it takes. However, the regulatory soup

Facebooks’ crypto announcement of Libra has had a massive impact on the cryptocurrency markets. Even before its launch, the interest in Libra has already surpassed top cryptos like Ethereum and XRP. Bereft with regulatory concerns, recently, Mark Zuckerberg reaffirmed that they would set it right, no matter how long it takes. However, the regulatory soup

libra
Regulation News
libra
Regulation News

Libra: Even Swiss Authorities Question Libra Over Privacy Concerns

Libra has been one of the most talked-about topics in the cryptocurrency markets for the past month. The announcement called for immediate regulatory attention all-around the world. Regulators in the US were especially against it; it was visible in the two Senate Hearings with David Marcus this month. Nevertheless, even countries like the UK, France,

Libra has been one of the most talked-about topics in the cryptocurrency markets for the past month. The announcement called for immediate regulatory attention all-around the world. Regulators in the US were especially against it; it was visible in the two Senate Hearings with David Marcus this month. Nevertheless, even countries like the UK, France,

Libra
Altcoin News
Libra
Altcoin News

Libra Draws Impostors, A Dozen Fake Libra Vendors Now Float Online

There have been reports of imposters on Facebook and Instagram trying to either sell or claiming to represent Facebook’s yet-to-be-launched cryptocurrency, Libra. This fake wave has caused quite a stir on social media platforms like Instagram and Facebook itself as these vendors are floating all over the internet and attracting the attention of investors. This

There have been reports of imposters on Facebook and Instagram trying to either sell or claiming to represent Facebook’s yet-to-be-launched cryptocurrency, Libra. This fake wave has caused quite a stir on social media platforms like Instagram and Facebook itself as these vendors are floating all over the internet and attracting the attention of investors. This

Twitter's Square Crypto is on the limelight as Facebook’s Libra getting mainstream attention
Altcoin News
Twitter's Square Crypto is on the limelight as Facebook’s Libra getting mainstream attention
Altcoin News

Twitter’s Square Crypto is on Limelight Again as Facebook’s Libra Getting Mainstream Attention

In a much-debated Libra topic, the competitive social media giant Twitter is on the hype with its crypto-based project, called, SquareCrypto. Of course, Facebook with its upcoming cryptocurrency, Libra is experiencing the rising concerns from global regulators – but at the center of every talk. it enhances its awareness of Facebook’s crypto among the people

In a much-debated Libra topic, the competitive social media giant Twitter is on the hype with its crypto-based project, called, SquareCrypto. Of course, Facebook with its upcoming cryptocurrency, Libra is experiencing the rising concerns from global regulators – but at the center of every talk. it enhances its awareness of Facebook’s crypto among the people

Libra
Altcoin News
Libra
Altcoin News

Libra Usurps ETH & XRP, How Does It Compare With Bitcoin?

The result of a recently conducted survey by U.S. brokerage eToro showed that Facebook Libra is becoming more popular among American adults who have heard about cryptocurrencies. In fact, the population of American adults who know about Facebook Libra ranks above those of Ethereum, Litecoin and Ripple’s XRP at 16%. Bitcoin Still Dominates Although Bitcoin

The result of a recently conducted survey by U.S. brokerage eToro showed that Facebook Libra is becoming more popular among American adults who have heard about cryptocurrencies. In fact, the population of American adults who know about Facebook Libra ranks above those of Ethereum, Litecoin and Ripple’s XRP at 16%. Bitcoin Still Dominates Although Bitcoin

Libra
Altcoin News
Libra
Altcoin News

Amazon To Foster Libra Has More Success Rate Than Facebook: Ben Mezrich

Popular America author, Ben Mezrich during an interview on Thursday, said it was unfortunate that the idea of Libra was being developed by the wrong tech company, Facebook. He further maintained that Amazon would have been a far better originator and developer of this incredible innovation. According to Mezrich, “This is all about trust. You

Popular America author, Ben Mezrich during an interview on Thursday, said it was unfortunate that the idea of Libra was being developed by the wrong tech company, Facebook. He further maintained that Amazon would have been a far better originator and developer of this incredible innovation. According to Mezrich, “This is all about trust. You

Blockchain News
Blockchain News

Libra Senate Hearing Day 2: Congress Concludes Libra Is Not A Cryptocurrency

Today’s Libra Senate hearing actually began on a bullish note for bitcoin. According to congressman Patrick McHenry, “The world that Satoshi Nakamoto…envisioned, and others are building, is an unstoppable force. We should not attempt to deter this innovation, and governments cannot stop this innovation, and those that have tried already failed.” The second day of

Today’s Libra Senate hearing actually began on a bullish note for bitcoin. According to congressman Patrick McHenry, “The world that Satoshi Nakamoto…envisioned, and others are building, is an unstoppable force. We should not attempt to deter this innovation, and governments cannot stop this innovation, and those that have tried already failed.” The second day of