Seagal agreed to a $314,000 fine for failing to disclose that he had been promised $1 million in cash and cryptocurrency for promoting Bitcoiin2Gen's initial coin offering.
Facebook’s Libra frontman, Calibra wallet head David Marcus, finally has something to smile about. (Photo: Wikimedia Commons)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.
There are worse things you can say about a group that wants in to the financial industry than they don't care about anti-money laundering rules. But not many (Photo: Mastercard)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 CC-BY-2.0)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.