The Facebook-backed cryptocurrency project Libra names five people to its association board as another backer jumps ship.
British digital tokenization firm Smartlands is looking to jump across the pond thanks to its partnership with IIP Securities, a banking consultancy.
Libra co-creator gets into Twitter-spat after Stripe, Mastercard and Visa abandon the cryptocurrency project
Things are not looking stellar for Libra as several backers have pulled out of the cryptocurrency project as the regulatory pressure against it is mounting.
The US Securities and Exchange Commission (SEC) has halted the $1.7bn digital token offering in the US and overseas of Telegram Group.
US regulators have come together to issue a joint statement reminding those engaged with digital asset to meet anti-money laundering (AML) and counter financing terrorism (CFT).
Facebook’s cryptocurrency may be facing more regulatory supervision as the EU’s finance commissioner has pledged to introduce new law proposals for digital money.
ACINQ has raised a total of $10m in funding to date following an undisclosed investment round led by Idinvest Partners.
The Securities and Futures Commission (SFC) of Hong Kong has issued new regulations for fund managers investing in virtual assets.
The Financial Stability Board (FSB) is reportedly investigating the potential risk and challenges presented by stablecoins.
Facebook’s cryptocurrency project has lost one of its partners, but more may leave soon.