The G7 has finally released a major report on the potential impact of global stablecoins.
-
-
Despite being called ‘global threat’, Libra Association launches
A signing ceremony by the cryptocurrency’s members was overshadowed by dropouts and a report calling stablecoins a threat to the global economy
Facebook’s wounded Libra Association formally voted itself into existence on October 14, electing a board and choosing officers. The ceremony was overshadowed by the loss of seven original members including Mastercard and Visa.
-
U.S. Treasury Secretary Steven Mnuchin wants to regulate wallets on his way out the door (Photo: Wikipedia).Mnuchin doubles down on President Trump’s Bitcoin, Facebook bashing
Treasury Secretary said potential for abuse of Libra cryptocurrency is a national security issue
Treasury Secretary Steven Mnuchin called cryptocurrencies a “national security issue” that threatens to enable drug dealers, human traffickers, and terrorists during a press conference Monday.
-
James Dimon, Chairman and Chief Executive Officer, JPMorgan Chase. Photo: World Economic Forum via Wiki Commons).JPMorgan adds KYC-defeating technology to Ethereum-based payment privacy tool Zether
The banking giant open-sources a user-anonymity tool for cryptocurrency
Just as international financial regulators are about to announce stronger "know your customer" requirements for cryptocurrencies, banking giant JPMorgan Chase has released software designed to help people avoid them.

