The European Central Bank warned Facebook that the bar for regulatory approval of its planned libra project has been set very high as governments in the region express concerns about digital currencies.
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Facebook’s libra would be blocked in Europe because the digital currency is too risky and threatens sovereignty, French finance minister Bruno Le Maire said on Thursday.
The most exciting innovation in initial distribution of cryptocurrency in 2019 is Handshake’s directed airdrop.
Technical indicators show the price action between bitcoin and alternative tokens is nearing its highest correlation this year, indicating that a so-called alt season may be on the horizon.
The man who claims to have invented bitcoin submitted false documents and lied in a legal dispute with the estate of his former partner, a judge ruled, adding that Craig Wright has to surrender more than $4-billion of the cryptocurrency.
Bitcoin’s trading range is narrowing as speculators seek positions on the right side of a potential break-out.
Current and former central bankers in Jackson Hole, Wyoming, weren’t sure if Mark Carney’s idea for a virtual reserve currency is the answer, but they agree that the dollar’s dominance is a problem.
Mark Carney has laid out a radical proposal for an overhaul of the global financial system that would eventually replace the dollar as a reserve currency with a libra-like virtual one.
European Union antitrust regulators are already probing Facebook s two-month-old libra digital currency project.
Jeff Garzik used to exchange e-mails with Satoshi Nakamoto before the anonymous creator of bitcoin disappeared years ago. He doubts Satoshi has resurfaced again.