• Not a photo of PayPal potentially leaving its partnership with Facebook's Libra. Instead, this is the PayPal float at the Dublin LGBTQ Pride Parade, June 29, 2019 (photo by William Murphy via Wiki commons).
    Not a photo of PayPal potentially leaving its partnership with Facebook's Libra. Instead, this is the PayPal float at the Dublin LGBTQ Pride Parade, June 29, 2019 (photo by William Murphy via Wiki commons).
    Libra

    Libra Association won’t deny reports PayPal pulling out

    Facebook’s crypto project partnerships show signs of buckling with increased government pressure

    October 4, 2019 /

    The Libra Association would not quite deny reports that digital payment service PayPal is withdrawing from the group, designed to oversee Facebook’s highly controversial, proposed cryptocurrency.

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  • The libra logo on a cellphone sitting on some coins. What else do you need to see? (via Shutterstock)
    The libra logo on a cellphone sitting on some coins. What else do you need to see? (via Shutterstock)
    Libra

    From privacy regulators to Walmart, Facebook’s Libra faces growing threats

    The US, EU, Canada, and Australia demand data protection guarantees; Walmart patents its own cryptocurrency

    August 6, 2019 /

    In a joint statement on August 6, data protection regulators from the United States, United Kingdom, European Union, Canada, and Australia came head-on, issuing a joint statement slamming the Libra project and Facebook for failing to address the fledgling cryptocurrency’s privacy risks.

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  • Where the magic happens: The Securities and Exchange Commission's Washington, DC headquarters (via Shutterstock).
    Where the magic happens: The Securities and Exchange Commission's Washington, DC headquarters (via Shutterstock).
    United States

    SEC’s long-awaited ICO guidance didn’t change anything, says Wall Street Blockchain Alliance’s Joshua Klayman

    Crypto investors who thought the agency’s plain English guidance would suddenly free them from securities laws were unrealistic

    May 20, 2019 /

    The Securities and Exchange Commission’s much heralded “plain English” guidance on what makes an ICO a security wasn’t the good news many people thought it was. That is, wrapped in nicer language, the conclusion reached on May 16 by the Wall Street Blockchain Alliance, which had 11 attorneys and its chairman, Ron Quaranta, studying the document for nearly six weeks.

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