A financial institution focused on digital assets says it has successfully completed the world’s first eCommerce transaction using a bank-issued stablecoin.
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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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Embattled Libra Association’s radical overhaul
With a rewritten white paper and a ‘watered-down’ concept, Facebook’s controversial Libra stablecoin project is hoping to succeed in wooing regulators the second time round
After receiving a fierce and unequivocal pushback from regulators worldwide, an embattled Libra Association now plans to offer digitized versions of single currencies—paving the way for a Libra dollar (LibraUSD), Libra euro (LibraEUR), and Libra pound (LibraGBP) in addition to the Libra payment token (≋LBR).
- Does Craig Wright's Tulip Trust III hold Satoshi Nakamoto's 1.1 million bitcoins? (Photo: Brendan Sullivan)
Judge orders yet another of Craig Wright’s Tulip Trusts opened
Tulip Trust III will be unsealed in $10 billion bitcoin case, and may or may not hold the keys to a fortune
The Tulip Trust III is the latest in a series of trusts revealed by Craig Wright, who claims to be Bitcoin creator Satoshi Nakamoto. Wright claims the trusts hold the private keys to a cache of 1.1 million bitcoins Nakamoto mined at the beginning of the original blockchain. The vast majority of the cryptocurrency community believes he is lying.