• Levey to lead Libra
    Cryptocurrencies,  People,  Politics

    Stuart Levey to lead Libra Association, comfort critics

    A top HSBC executive and Treasury Department official in charge of financial crimes and sanctions, a big part of the new CEO’s role is to reassure central bankers, regulators, and elected officials

    By hiring Stuart Levey the Facebook-founded Libra Association is announcing that compliance—with central bankers, financial regulators, tax authorities, and criminal and intelligence investigators—will be a prime driver as it moves forward.

  • new price oracle Coinbase
    Cryptocurrencies,  Technology

    With new price oracle, Coinbase wades into DeFi

    The crypto giant says current methods used to verify prices are deeply flawed, but claims its oracle could reduce ‘systemic risks’

    Aiming to "reduce systemic risks" in the DeFi ecosystem, Coinbase is launching a new price oracle that will provide up-to-date rates on BTC/USD and ETH/USD every 60 seconds.

  • Shopify helps Facebook’s Libra frontman David Marcus
    Alt coins,  Regulation

    Shopify joins Libra, providing badly needed win

    The Libra Association’s long losing streak came to an end today as the global e-commerce firm Shopify announced its membership in the stablecoin project

    After a long, painful string of defections, the Libra Association finally has some good news to announce. A new member, retail e-commerce site Shopify, made the $25 million commitment to join on Feb. 21.

  • Coinbase to issue Visa cards directly
    Uncategorized

    Coinbase to issue Visa cards directly to customers

    The first ‘pure-play’ cryptocurrency debit card will not run through an expensive bank or payment processor

    Status as a Visa principle member will allow the cryptocurrency exchange to originate Visa debit card accounts on its own, a first in an industry determined to cut out financial services middlemen.