• Libra

    Blockchain Capital joins Libra Association

    Leading VC joins the would-be stablecoin creator, adding a badly needed boost after a summer of rebuilding

    Saying the firm believes “deeply in the mission of creating a more equitable payment system,” Blockchain Capital Co-founder and Managing Partner Bart Stephens added that using “blockchain technology to improve financial access and promote innovation has been at the core of Blockchain Capital’s portfolio strategy.”

  • Europe clamps down on Libra
    Politics,  Regulation

    EU leaders to Libra: Follow tough rules or face ban

    In new proposals, some of Europe’s biggest economies want Facebook’s stablecoin project to be based in the EU and not in Switzerland… or else

    Five of Europe’s biggest economies are urging the European Commission to enforce strict regulations for stablecoins—in the surest sign yet that Facebook’s embattled Libra project isn’t out of the woods despite drastic changes.

  • Cryptocurrencies,  Technology

    In major U-turn, PayPal may allow 325M users to buy crypto. Are exchanges under threat?

    Experts are upbeat that PayPal’s rumored entry into crypto would be good for the industry—with greater exchange trading volumes ‘across the board’

    PayPal is reportedly preparing to start directly selling cryptocurrencies to its 325 million users—with job vacancies for blockchain experts popping up on its careers site. If confirmed, this would be a major U-turn for the fintech giant, and a big step towards mainstream adoption of Bitcoin.

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