Crypto EcoBlog
CoinspeakerUS Lawmakers Continue Their Push for Stablecoin Reform Reps. Patrick McHenry and Maxine Waters have been very consistent in their bid to see a stablecoin bill passed into law. US Lawmakers Continue Their Push for Stablecoin Reform
Read More »US Lawmakers Are ‘Very, Very Close’ to Finalizing Stablecoin Deal, Says Maxine Waters
CoinspeakerUS Lawmakers Are ‘Very, Very Close’ to Finalizing Stablecoin Deal, Says Maxine Waters Waters said a deal with the feds, to create some oversight in the US stablecoin market, has been worked out. US Lawmakers Are ‘Very, Very Close’ to Finalizing Stablecoin Deal, Says Maxine Waters
Read More »Libra Association Claims It Has 180 Candidates to Join the Row of Its Members
After it seemed all the big-ones were leaving Facebook‘s backed cryptocurrency, it seems it still has its faithful believers. On Monday, in Geneva, Switzerland, 21 associations agreed to sign the Libra Association charter at last. The Libra Association named its board of directors as well a decision about people who will sit at the executive chairs.The first chair will be, as expected, Calibra’s CEO David Marcus who named 4 more people as his board fellows. That people are a partner with...
Read More »Visa, Mastercard and Other Major Libra Backers Want to Pull Out from the Deal
Since its launch on June 18, 2019, Facebook’s Libra project has encountered mixed reactions. Now, four payment companies that had joined the social media giant as founding members of the Libra Association are hesitant. They have developed cold foot over whether to formally sign on to the crypto project. The issue was explained by people familiar with the matter.According to a new Bloomberg report, MasterCard, Visa, Stripe, and PayPal are allegedly stalling at officially joining the...
Read More »U.S. Congress Hearing With the SEC: The Journey So Far
About a week ago on Thursday the 19th of September, the Committee on Financial Services scheduled Tuesday 24th, as the day for a Congress crypto hearing. Tagged “Oversight of the Securities and Exchange Commission: Wall Street’s Cop on the Beat”, the hearing was arranged to discuss several crypto-related issues including the SEC’s regulation of the sector, Exchange-Traded Funds (ETFs), Facebook’s Libra, and also a possible categorization of digital assets as official securities.The hearing...
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