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Indian Finance Minister Answers Crypto Questions at IMF Meeting
21.10.2019
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. Also read: Indian Supreme Court...
Libra Could Drop ‘Basket’ and Issue Individual Fiat Stablecoins
21.10.2019
Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate
Minister Says India, Like Other Nations, Extremely Cautious on Libra
21.10.2019
India’s finance minister says many countries are cautioning against rushing ahead with Libra
Crypto and Blockchain News From Japan: Oct. 14–20 in Review
21.10.2019
This week’s selected cryptocurrency and blockchain news from Japan, courtesy of Cointelegraph Japan
Report: Facebook Could Use Fiat-Pegged Stablecoins for Libra
20.10.2019
Calibra CEO David Marcus reportedly said that Libra would be open to using national fiat-pegged stablecoins at a banking seminar on Sunday
Traditional Law and Finance Can Adapt to Bitcoin, These Examples Show
20.10.2019
Bitcoin brought about solutions to persistent problems that stood in the way of previous attempts to invent digital money, such as the risk of double spending. Some of its features, however, like the characteristic irreversibility of blockchain transactions, have created certain challenges for...
Libra Loses Key Members, Potentially Forked — Still Looks Confident
20.10.2019
Libra is acting confident ahead of Zuckerberg’s testimony before U.S. regulators — even despite losing a quarter of its members
How to Trade Crypto in Person Safely
20.10.2019
With mainstream exchanges becoming progressively cumbersome due to privacy invasive policy and regulation, some crypto traders are switching to more private, face-to-face trading. While this route isn’t for everyone, and comes with unique risks, it does offer a very real solution to many...
Telegram Writes Investors to Counter FUD Before Feb. SEC Hearings
19.10.2019
In letter to investors, Telegram calls February hearings “a positive step” in process of determining that Gram tokens are not securities
SEC’s Court Hearing on Telegram Token Delayed Till Next Year
19.10.2019
The messaging app company and the SEC will now meet next February to debate the regulator's claim the gram token is a security
NY District Court Postpones Telegram’s TON Hearing to 2020
19.10.2019
New York District Court postpones Telegram’s TON hearing to 2020
G20 Finance Leaders: Stablecoins Present Serious Regulatory Risks
19.10.2019
The G20 nations agree that global stablecoins present serious public policy and regulatory risks
FATF Joins BIS In Calling Stablecoins ‘Global Risk,’ Citing Money Laundering Concerns
18.10.2019
Stablecoins pose a money laundering and terrorist financing risk to the world, the FATF said Friday
TON’s ‘Force Majeure’ Clause — Is Telegram About to Refund Investors?
18.10.2019
Legal expert says the Durovs may have to pay investors back with their own money
SEC Insists Grams Are Securities — TON Launch Won’t Change This
18.10.2019
The SEC insists that Grams are securities, arguing that a preliminary injunction against Telegram is needed to prevent further violation
Global Crisis Looms as IMF Report Cites Its Own Policy as Dangerous
18.10.2019
In a new report by the International Monetary Fund (IMF) entitled “Global Financial Stability Report: Lower for Longer,” the group gives an overview of the current debt-ridden and precarious state of affairs in global economics. Not lost on some economists, however, is the irony that...
Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7
18.10.2019
A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability
SEC Wants Second Look at Bitwise Bitcoin ETF Proposal
18.10.2019
The U.S. Securities and Exchange Commission (SEC) is reviewing its order issued last week pertaining to a rejected proposal for a bitcoin exchange-traded fund (ETF). The proposal was filed by NYSE Arca for the Bitwise Bitcoin ETF Trust. Meanwhile, the SEC is also evaluating a proposed rule change...
Cointelegraph Blocked in Russia
18.10.2019
Roskomnadzor extends internet blacklist to Cointelegraph, with Russian readers reporting access blocked
Facebook’s Libra Just Got Its First Major Supporter in Congress
17.10.2019
Bucking a trend, Sen. Mike Rounds (R-S.D.) wrote a letter praising Libra as a technological advance that he feels is needed