The Libra Association has appointed Stevan Bunnell, a former general counsel at the U.S. Department of Homeland Security, as its chief legal officer.
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One prediction: If PayPal CEO Daniel Schulman adds bitcoin support, it would "be a huge nod to the mainstream adoption" and drive BTC past $13,000 (Photo: PayPal)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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Libra has once again dipped its hand into the FinCEN veteran ranks to polish its regulatory image (Photo: Flickr/Marco Verch)Libra Association hires another exec with financial enforcement experience
Robert Werner, a former director of the Financial Crimes Enforcement Network, will become the stablecoin governing body’s general counsel
Robert Werner "brings a wealth of regulatory, financial crime compliance and enforcement experience from his work in both the public and private sectors,” the Libra Association said on May 19.
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Bison Trails wants to make Celo's digital payment platform for the unbanked more secure (Photo: Celo)Celo, Bison Trails partner on straight-to-phone number payments
Celo is going to be integrated into the Bison Trails platform, helping to secure the stablecoin network as it seeks to boost financial inclusion for the unbanked
Bison Trails says it believes Celo has the potential to become a global driver of financial inclusion—not least because of how mobile payments are the lifeblood of many developing economies.