Libra has lost another backer, but claims it has 180 replacements as it puts...

The Facebook-backed cryptocurrency project Libra names five people to its association board as another backer jumps ship.

Smartlands is going to the States through partnership with IIP Securities

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.

US SEC halts $1.7bn token offering

The US Securities and Exchange Commission (SEC) has halted the $1.7bn digital token offering in the US and overseas of Telegram Group.

US regulatory bodies issue statement on digital assets

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).

EU’s finance commissioner promises to introduce new cryptocurrency laws in response to Libra

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 reaches $10m in funding after new round

ACINQ has raised a total of $10m in funding to date following an undisclosed investment round led by Idinvest Partners.

This is how much money you must have to trade in virtual assets according...

The Securities and Futures Commission (SFC) of Hong Kong has issued new regulations for fund managers investing in virtual assets.

Financial Stability Board reportedly assessing stablecoin risks

The Financial Stability Board (FSB) is reportedly investigating the potential risk and challenges presented by stablecoins.

PayPal has officially become the first backer to pull out of Facebook’s Libra project

Facebook’s cryptocurrency project has lost one of its partners, but more may leave soon.

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