The People’s Bank of China (PBOC) Deputy Director Mu Changchun said the bank’s “digital currency can now be said to be ready” at the China Finance 40 Forum in Yichun this weekend, according to Shanghai Securities News.
In a joint statement on August 6, data protection regulators from the United States, United Kingdom, European Union, Canada, and Australia came head-on, issuing a joint statement slamming the Libra project and Facebook for failing to address the fledgling cryptocurrency’s privacy risks.
Roger Ver gave me three big announcements as an exclusive to Modern Consensus. First, he is breaking news with us about his investment in the mobile crypto wallet and non-custodial exchange Evercoin. Second, he told me he just submitted Bitcoin.com’s application to join the Facebook-led Libra Association. And third, he shared details about the addition of Stefan Rust as Bitcoin.com’s CEO.
A week after the U.S. government’s inaction on cryptocurrency regulation drove Jeremy Allaire to move most of his company out of the U.S., the Circle chairman and CEO told congress why.