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Facebook’s Libra Encouraged to Exclude the Chinese Yuan Being Tied to the Stablecoin

Facebook’s Libra Encouraged to Exclude the Chinese Yuan Being Tied to the Stablecoin

While Facebook is facing regulatory approvals for its Libra project, Facebook told US senators that the initial group of currencies that Libra will be likely backed by the US dollar, Euro, Yen, British Pound, and the Singapore dollar.

US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters

US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters

US lawmakers have introduced a new bill to Congress seeking to impose federal control over the entire stablecoin industry and would mandate issuers to secure bank charters.

China's Antitrust Agency Urged By the PBOC to Probe Alipay and WeChat Pay

China's Antitrust Agency Urged By the PBOC to Probe Alipay and WeChat Pay

In a move similar to the US antitrust hearing, the People’s Bank of China has prompted the nations top antitrust body to probe Alipay and WeChat

Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins

Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins

Sberbank, Russia’s biggest bank, has disclosed the possibility of issuing tokens to be utilized in digital financial assets (DFA) settlements. The token will be in the form of a stablecoin to be pegged to the nation’s currency, the Russian ruble.

EU’s Move to Bypass Encryption on Platforms like WhatsApp Sparks Indignation

EU’s Move to Bypass Encryption on Platforms like WhatsApp Sparks Indignation

European Union lawmakers have created a draft proposal that aims to circumvent end-to-end encryption, in a move to increase cybersecurity.

Telegram Resists the SEC Court Order to Reveal Financial Details of 2018 ICO

Telegram Resists the SEC Court Order to Reveal Financial Details of 2018 ICO

Telegram’s blockchain launch of TON faces delays as the recent court order by US Lawmakers requires the company to hand over documentation regarding the spending of their raised funds via ICO.

The OCC is Focused on "Not Killing" Bitcoin and Crypto says Acting Comptroller Brian Brooks

The OCC is Focused on "Not Killing" Bitcoin and Crypto says Acting Comptroller Brian Brooks

Brian Brooks has affirmed that the OCC is not planning any ban or stringent regulation on Bitcoin or other cryptocurrencies.

Ukraine's Draft Bill on Digital Currencies Undergoes First Parliamentary Hearing

Ukraine's Draft Bill on Digital Currencies Undergoes First Parliamentary Hearing

Ukraine's proposed draft bill for regulating digital assets in the country has passed its first parliamentary hearing.

US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China

US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China

US lawmakers approved the American COMPETE Act and the Digital Taxonomy Act, in an active race against China the blockchain and technological sector.

Spanish Lawmakers Receive Bitcoin in Cryptocurrency Education Campaign

Spanish Lawmakers Receive Bitcoin in Cryptocurrency Education Campaign

All 350 Deputies of the Spanish Congress have received Bitcoin as part of an educational campaign aiming to teach legislators about the uses and functions of crypto.

Axon Explores Blockchain to Fight Body-Cam Deepfake Videos

Axon Explores Blockchain to Fight Body-Cam Deepfake Videos

Axon Enterprise Inc, a leading manufacturer of body-cams for United States law enforcement agencies has produced new cameras enhanced with blockchain technology in an attempt to thwart ‘deepfake’ videos.

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