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Committee chair wants Facebook Libra crypto project halted
All news
US Chair of Financial Services Requests Facebook’s Libra Crypto Project Halted
Facebook has finally unveiled its crypto project, dubbed “Libra”, but is now facing regulatory headwinds. Specifically, a United States chairwoman in a House of Representatives committee is now requesting Facebook to stop the project. Rep. Maxine Waters wishes Facebook’s Libra project halted The one calling for a halt to Facebook’s crypto plans is the Californian House Representative Maxine Waters. Representative Maxine Waters is a Democrat serving as the Chair of…
Facebook releases Libra crypto, Libra Association
Bitcoin
Facebook Officially Releases Crypto White Paper for Libra Stablecoin
The social media behemoth Facebook has just released the white paper for its cryptocurrency and blockchain project. Facebook’s stablecoin will be called “Libra”, just like previous reports have indicated, and will operate on a native Libra blockchain. Facebook releases crypto white paper for “Libra” The white paper for Facebook’s cryptocurrency states that “Libra’s mission is to enable a simple global currency and financial infrastructure that empowers billions of people.” Although…
All news Bitcoin Cryptocurrency
Bitcoin Reaches One-Year High Following Gains, Facebook Crypto Project Suspense
The price of Bitcoin has surged to a new one-year high following news of Facebook’s upcoming crypto project. This, in conjunction with a flurry of other bullish crypto news, may continue to drive crypto prices even higher. Bitcoin reaches a new one-year high amid a series of bullish news At the time of writing, Bitcoin is trading at a price of just above $9,150. A recent Bloomberg report is highlighting…
Coinbase Custody revealed to manage nearly $1.3 billion
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Coinbase Custody’s Assets Revealed, Will Hit $2 Billion “Soon”
The amount of assets managed by Coinbase Custody, Coinbase’s stand-alone custody solution, has recently been revealed. What’s more, Coinbase Custody currently manages a whopping $1.3 billion of crypto assets for companies. Coinbase Custody manages $1.3 billion, “soon” $2 billion This news comes from a series of tweets reportedly made by Coinbase Custody’s official Twitter account. A number of crypto news outlets readily picked up on this news, which showcases Coinbase…