• Mastercard CEO Ajay Banga Facebook Libra
    Alt coins,  Politics,  Regulation

    Mastercard’s chief tosses Facebook’s Libra under the bus

    The credit card firm’s CEO, Ajay Banga, said compliance concerns were the reason he pulled out of Facebook’s stablecoin project

    Mastercard CEO Ajay Banga told the Financial Times on Monday that important members of the Libra Association wouldn’t give a firm commitment to follow local laws in all circumstances, including know your client (KYC) and anti-money laundering (AML) regulations.

  • Integrate gram and Telegram Messenger? Us?Where did you get THAT idea? --Pavel Durov, CEO, Telegram (via TechCrunch_Disrupt_Europe_Berlin_2013_CC-BY-2.0)
    Alt coins,  Regulation

    After court ‘win’ Telegram claims will abandon TON blockchain, gram token  

    A small win in court is overshadowed by messaging service turned blockchain developer Telegram’s announcement that it won’t maintain its own TON blockchain. But is it all hot air?

    Telegram’s victory in court over the Securities and Exchange Commission Monday wasn’t much of a victory. In fact, it could prove to be the undoing of its planned Telegram Open Network blockchain platform and gram cryptocurrency. The simultaneous announcement that it won't integrate gram payments into its Telegram Messenger platform signals a recognition that its fight to keep the $1.7 billion in gram tokens it sold in 2018 from being declared a security is faltering.

  • PewDiePie and Justin Sun. A perfect storm of hype (via DLive, Tron).
    Alt coins

    Justin Sun’s BitTorrent buys DLive streaming platform

    The Tron founder said that PewDiePie-favored DLive will abandon its Lino blockchain in favor of Tron, used by decentralized peer-to-peer service BitTorrent

    Tron founder and CEO Justin Sun’s decentralized peer-to-peer filesharing network BitTorrent has bought DLive, the blockchain-based livestreaming home of world No. 2 YouTuber PewDiePie.

  • Sean who? (via C-SPAN).
    Alt coins,  People

    Circle sheds another business, three executives

    The blockchain payments firm sold its Circle Trade OTC operation to Kraken, while CFO Naeem Ishaq joined co-CEO Sean Neville in heading for the door

    Six-year-old blockchain payments firm Circle announced on Dec. 17 that it has sold its Circle Trade over the counter (OTC) desk to the Kraken cryptocurrency exchange. The firm also said in addition to co-CEO Sean Neville—whose departure was announced on Dec. 4—CFO Naeem Ishaq and Chief Legal Officer Gus Coldebella were “transitioning from the company into new adventures befitting their expertise.”