Cryptocurrency News

Anonymity in China’s Crypto Yuan is Bad News for US Lawmakers

While the US drags its regulatory feet and gets bamboozled by bureaucracy, China forges ahead and could launch its own digital currency within a few months. Crypto Yuan Nearing According to a central bank official, China’s planned crypto yuan is not all about spying on its citizens. The world’s financial regulators are all casting eyes Read more…

Bitcoin Cryptocurrency News

Op Ed: In the Battle Between Libra and a Digital Dollar, Bitcoin Will Win

As Mark Zuckerberg testifies in Congress today, October 23, 2019, about Libra, the prevailing question is no longer if digital assets will go mainstream, but how they will do so and who will control them when they do.  In one corner is the U.S. government. Inspired by and fearing China’s progress in launching a digital Read more…

Cryptocurrency News Market

Facebook’s Libra Charter Signed By 21 Organizations During Meeting in Geneva, Switzerland

The Libra charter has been signed by 21 organizations, just days after several high-profile payment processing and e-commerce companies withdrew from the controversial stablecoin project led Facebook. The Libra Association named its board of directors and formed the consortium’s executive team during a conference held in Geneva, Switzerland. Facebook is moving forward with Libra along Read more…

Bitcoin Cryptocurrency News

This Former US Bitcoin Investigator is Now a Major Crypto Investor

No matter how much Steven Mnuchin or top regulators criticize Bitcoin, crypto is not associated with criminals and amateur speculators anymore. Katie Haun, general partner at venture capital firm Andreessen Horowitz is another good example to prove this stance. First Female Partner at Horowitz CNBC recently shared the story of Katie Haun, which involves some Read more…

Bitcoin Cryptocurrency News Market

Rats Desert Sinking Ship: How PayPal Dumping Libra is Good For Bitcoin

Social media giant Facebook has been on the receiving end of a barrage of regulatory pressure since announcing its crypto project Libra earlier this year. As the digital ship starts to spring leaks before it is even launched, the rats are already deserting it. PayPal Pulls Out Global payments giant PayPal has announced its departure Read more…

Altcoin Cryptocurrency News

Facebook’s Libra announces ‘4 key milestones’ as Association gears up for the launch of Libra Mainnet

After months of dealing with regulators from across the world and coupled with constant criticism from the community, social media giant Facebook had announced the almost certain postponement of its crypto-project, Libra. Now, Facebook’s Libra has finally taken substantial steps forward and recently published its first official roadmap. Charting out key milestones, the Calibra team […]

The post Facebook’s Libra announces ‘4 key milestones’ as Association gears up for the launch of Libra Mainnet appeared first on AMBCrypto.

Bitcoin Blockchain Cryptocurrency News Market

ECB President on Libra: Crypto Still “Limited” In Impact on Financial System

ECB President Not Too Worried About Crypto… Yet Earlier this year, Facebook famously unveiled Libra to the world. The cryptocurrency project, billed as a way to empower billions, quickly became the talk of the town, with the phrases “Libra” and “Facebook’s crypto/blockchain” gracing the notifications of the phones of millions. Unsurprisingly, central banks, governments, and Read more…

Bitcoin Blockchain Cryptocurrency News

Blockchain Technology Market Profits to Reach $16B By 2024

By 2024, various branches of the market for blockchain solutions will generate revenues of up to $16 billion, shows the latest preview research by Global Market Insights. Fintech Will Lead Market Growth Financial organizations will be the driver of growth for the blockchain sector, predicts the research. Blockchain use cases are multiple within that space, Read more…

Bitcoin Cryptocurrency News Market

Today Marks the 2nd Anniversary of China’s Bitcoin Ban, What Has Changed?

Two years ago, on September 4, 2017, the People’s Bank of China (PBOC) shut down local cryptocurrency exchanges over concerns that unregulated assets like bitcoin allow residents to bypass strict capital controls.   Not-So-Happy Anniversary Despite the formal ban, Chinese traders have continued to explore methods to trade bitcoin and similar cryptocurrencies, often by using Read more…