Facebook has been highly secretive about its recent endeavor with cryptocurrency and blockchain. A more transparent approach could raise speculations in the market. Moreover, the regulations around cryptocurrency and payments have been unclear as well. Recently, the U.S. Senate Banking Committee sent an open letter to Founder Mark Zuckerberg, demanding the details about its cryptocurrency project: Libra. Furthermore,

Telecom giant Samsung has invested 2.6 million euros ($2.9 million) into crypto wallet manufacturer Ledger, the French financial publication Capital reports. The investment gives the France-based startup a nearly $290 million valuation, per the report. The news came shortly after CoinDesk Korea reported that Samsung is developing a blockchain platform and native digital asset of its own. The project, which

By CCN: France is pushing the boundaries with its new crypto regulatory framework, which it unveiled a week ago. Now the government plans to pressure other EU states to take the “right” approach to crypto regulation. French officials are acutely aware that the blockchain is an emerging field with proven risks, and they have employed a heavy screening

More than 40 central banks worldwide are experimenting with blockchain technology, says a new report by the World Economic Forum. Published Wednesday, the report analyzes how different central banks are either examining what blockchain can be used for or are outright experimenting with central bank digital currencies (CBDCs). “It’s very much the case that several

BILL H.R. 922 – HANDLING PRICE MANIPULATION Representatives Darren Soto and Warren Davidson have introduced two new blockchain-related bills on January 30th. The first one called H.R. 922 – Virtual Currency Consumer Protection Act of 2019,  is aimed at tackling the issue of price manipulation. According to the document, the Chairman of the Commodity Futures Trading Commission

WORLD’S FIRST LIGHTNING-ENABLED BITCOIN ATM ‘WORKED FINE’ On March 31, 2019, Weis publicly demonstrated a transaction via Lightning Network at a bitcoin ATM, during the Lightning Hackday, in Hong Kong, as shown in the video below. Later, Weis described the transaction as: Just a proof of concept ‘top up your existing channel.’ Lots of bugs but two

A HESITANT VOTE 99 members of the National Council, Switzerland’s lower house of the Federal Assembly, have supported a motion to put forward proposed regulations by liberal public representative Giovanni Merlini. 83 people voted against, while 10 refrained from voting at all. The proposed regulations will now have to be considered by the Council of States, which

Silvergate Bank, which bills itself as the “leading provider of innovative financial infrastructure solutions and services to participants in the digital currency industry,” has disclosed in a preliminary prospectus filed with the U.S. Securities and Exchange Commission that despite the bearish conditions in the bitcoin market, its number of crypto industry clients surged in 2018. SILVERGATE CRYPTO