Category: Digital Currency

The world’s largest crypto IPO postponed
October 15, 2019 BY Mariela Naydenova

SEC rejects Telegram token GRAM and sues TON

The US Securities and Exchange Commission (SEC) is definitely not wasting its time when it comes to slashing ICO dreams. The financial regulatory body, after rejecting another Bitcoin ETF application, went on to file a legal complaint against the messaging app Telegram and its Telegram Open Network or TON. The reason? The unregistered ICO of…

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FXCM Pro release comprehensive data product suite
October 14, 2019 BY Valentina Kirilova

FXCM Group adds crypto baskets to its retail offering

Retail forex broker and provider of FX and CFD trading, FXCM (NYSE:FXCM) has just announced the introduction of cryptocurrency baskets to its retail customers. CryptoMajor - the cryptocurrency basket – is made up of the 5 major cryptocurrencies: Bitcoin, Ripple, Litecoin, Bitcoin Cash and Ether. CryptoMajor addresses hedging transparency issues by giving an equal weighting…

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Facebook
October 11, 2019 BY Mariela Naydenova

Zuckerberg to testify before Congress - update on Libra

After the solid rumours that Facebook's Libra is going to be postponed for 2020, Zuckerberg is now facing Congress on the 23rd of October. With that there were also speculations that the COO of the company, Sheryl Sandberg may also testify regarding the project. The information comes directly from CNBC. Mark Zuckerberg will be the…

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Analyst predicts Facebook’s FaceCoin could earn up to $19 billion by 2021
October 09, 2019 BY Mariela Naydenova

PayPal leaves Facebook's Libra - now what?

The cryptocurrency project of Facebook, Libra, got immense attention from regulatory bodies. Leaprate last reported that the cryptocurrency launch may be delayed some time in 2020. This is not what Zuckerberg wanted, but at the end Facebook vouched for complying with all regulatory issues before launching Libra. But what happens when Libra's partners start to…

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October 02, 2019 BY Mariela Naydenova

Former employees at JP Morgan and Intel launch the USD Digital coin

Financial institutions may not agree on when the cryptocurrency industry will mature enough and not be a threat to them, but employees may choose to launch their own currencies, nevertheless. The latest currency was created by former employees at JP Morgan, Intel and TrustToken. The cryptocurrency is actually a stablecoin pegged to the USD and…

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Analyst predicts Facebook’s FaceCoin could earn up to $19 billion by 2021
September 30, 2019 BY Mariela Naydenova

Libra may be delayed until 2020

Facebook's ambitious cryptocurrency venture, Libra, has financial regulators around the world on their feet and thinking how a tech company's digital currency rival with national fiat ones, established monetary policies and even national security. All of these concerns and many more have now caused the launch of Libra to get delayed, most likely up until…

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Bankenverband,cryptocurrency,digital currency
September 27, 2019 BY Valentina Kirilova

US Congress determined to upgrade crypto crime enforcement techniques

Congressional hearings a while back raised serious issues regarding blockchain technology and the potential for abuse by the criminal element in our society. These words may have taken on a softer tone than what several congressmen and government officials, including President Trump, had said about cryptos and the distributed ledger technologies that rely upon blockchain…

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