ECB top: “Libra has undoubtedly been a wakeup call for central banks and policymakers”
Benoît Cœuré, executive board member of the European Central Bank, has told the German Bundestag that stablecoins like Facebook’s Libra initiative come with both risks and opportunities.
Kik shuts down its messaging app amidst a SEC cryptocurrency lawsuit
Canadian messaging app Kik is closing so that the company can focus on its cryptocurrency Kin, which is front and centre of a US Securities and Exchange Commission (SEC) lawsuit.
Global regulators to grill Facebook about its planned Libra project
Representatives from Libra will be interviewed by officials from 26 global central banks on Monday in a bid to ease worries about its impact on the financial market. At the same time, investor interest in crypto seems to waning.
French finance minister warns that Facebook’s Libra project would put an end to states’...
Bruno Le Marie, France’s finance minister, said on Thursday that Facebook’s upcoming cryptocurrency Libra should be stopped as it put “the monetary sovereignty of states [in] jeopardy.”
U.S. Treasury warns Facebook’s Libra that it must face tough AML and anti-terrorism funding...
Facebook’s cryptocurrency project has already faced a lot of concerns from lawmakers. Now, the U.S. Treasury warns the social media giant that it must conform with American regulations to trade in the US.
The Dutch central bank is warning cryptocurrency exchanges and digital wallet providers to get...
De Nederlandsche Bank (DNB) has announced that cryptocurrency exchanges operating in the Netherlands will be supervised by the central bank from January 10 2020.
ECB warned Facebook’s Libra cryptocurrency could undermine its ability to set monetary policy
Yves Mersch, a board member of the European Central Bank, has called for Europe to ignore the “treacherous promises” of Facebook’s cryptocurrency Libra.
North Korea denies UN cryptocurrency hacking allegations and compares the accusers to Hitler
Last month, a UN report claimed North Korea had hacked banks and cryptocurrency exchanges. Now, the country denies it.
Nevada regulators are trying to reel in unlicensed cryptocurrency ATMs
The US state Nevada has seen a rise of cryptocurrency ATMs. Now, the Nevada Financial Institutions Division (NFID) has decided how to regulate them.
FBI and ASIC partner up in new cryptocurrency probe
Australian and American authorities are undertaking a joint international criminal investigation into cryptocurrencies.
