Social media giant Facebook has released the white paper for its long-awaited cryptocurrency and blockchain-based financial infrastructure project today, June 18. According to the paper, Facebook’s global stablecoin is dubbed “Libra,” will operate on the native and scalable “Libra” blockchain, and be backed by a reserve of assets ostensibly “designed to give it intrinsic value.” Facebook states that the software that implements the Libra

Four of Brazil’s major financial authorities have come together to regulate emerging technologies, including blockchain. The Ministry of Finance, the Central Bank of Brazil, the Securities Commission, and the Superintendent of Private Insurance recently announced their intention to adapt new regulations to manage fintech and cryptocurrency advances. The regulations will affect Brazil’s securities, financial, and capital markets,

“Whenever a Fortune 500 company accepts bitcoin, it’s always pretty interesting, because they don’t need the revenue,” says BitPay Chief Commercial Officer Sonny Singh, speaking to CCN. “And, the big brands are a little more conservative, while bitcoin is a newer payment option. You would think the cooler companies would be rushing to accept bitcoin before

Secondo alcune fonti il debutto potrebbe avvenire già entro la fine di giugno, con il lancio di servizi per i negozi e sportelli di conversione. La moneta si potrà usare su Instagram, Whatsapp e Messenger La criptovaluta di Facebook, Global Coin, potrebbe vedere la luce nelle prossime settimane. The Information sostiene che la moneta digitale del social network di Menlo

SC’s proactive regulation of cryptocurrencies and their underlying blockchain technologies will bring innovation in both old and new industries. KUALA LUMPUR: Securities Commission today announced it has conditionally aprroved three companies to operate digital asset exchanges or crypto currency exchanges in Malaysia. The three companies are Luno Malaysia Sdn Bhd, SINEGY Technologies (M) Sdn Bhd

All’interno di un resoconto recentemente pubblicato dalla Bank of International Settlements, la Banca Centrale Europea (BCE) ha elencato i potenziali benefici delle CBDC, vale a dire delle criptovalute distribuite dalle banche centrali. Vitas Vasiliauskas, Presidente del Consiglio d’Amministrazione della Bank of Lithuania e membro del Consiglio Direttivo della BCE, ha tenuto il proprio discorso durante la conferenza Reinventing Bretton Woods

US-based mobile users can now use bitcoin and cryptocurrency to pay their bill thanks to a new partnership between AT&T and BitPay. AT&T WILL TAKE YOUR BITCOIN Bitcoin’s path to mass adoption continues forward as major US telecom giant AT&T has announced that customers now have the option to pay their bills in cryptocurrency. The addition of

Financial services giant Fidelity Investments is said to be launching cryptocurrency trading service soon. A Bloomberg report on Monday, citing “a person familiar with the matter,” said that Fidelity will roll out the service for trading bitcoin “within a few weeks” and will focus on institutional, not retail, customers. Fidelity spokeswoman Arlene Roberts told Bloomberg: “We currently