• Alexander Vinnik extradited France money laundering
    Bitcoin,  Cryptocurrencies

    France charges alleged BTC-e operator Alexander Vinnik with money laundering, extortion

    Vinnik has been on a hunger strike to protest his lengthy detention

    French officials filed preliminary charges of money laundering and extortion against Alexander Vinnik on Friday. The Russian national was extradited to France on Thursday after spending more than two years in pre-trial detention in Greece.

  • Cryptocurrencies,  Europe,  Libra,  Regulation,  United States

    Overwrought vs. overhyped: From France and America, dueling views of digital currencies

    Whether issued privately by Facebook’s or publicly by a central bank, digital currencies bring strong opinions and flights of rhetoric

    Flights of rhetoric surrounding Facebook’s Libra stablecoin and other digital currencies has reached impressive heights at times. But former U.S. Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo took it beyond the stratosphere in an October 15 editorial, comparing the launch of an American central bank-backed digital currency to the Apollo 11 mission.

  • 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

    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.