5 hours ago · 2 min read
Walmart’s coin could gain approval from regulators easier than Libra, says top investment bank
Walmart’s prospective USD-backed stablecoin should be looked upon more favorably by regulators than Facebook’s Libra, according to United States investment banking and financial services company, Cowen, Bloomberg reported.
Bitwise: Facebook’s Libra accelerated Bitcoin’s progress by three years
United States cryptocurrency index fund provider Bitwise Investments said that Facebook’s Libra has accelerated crypto’s progress by three years.
Ripple CEO says Facebook went too far with Libra
Brad Garlinghouse, the CEO of Ripple, said that Facebook was responsible for the scrutiny and criticism it encountered from regulators.
Libra may be canceled due to regulatory concerns, Facebook tells investors
Facebook has warned investors that its highly anticipated, and much-contested cryptocurrency project, Libra, may never get off the ground.
Poll shows Americans trust Bitcoin more than they trust Libra
According to a recent poll by CivicScience, the majority of Americans trust Bitcoin more than they trust Facebook’s Libra.
Congressman Brad Sherman calls for a complete ban on cryptocurrency, says Bitcoin only facilitates “nefarious transactions”
Congressman Brad Sherman, a vocal critic of the crypto industry, again called for a complete ban on cryptocurrencies.
Bitcoin’s allies in Congress, House Committee lauds cryptocurrency while denouncing Libra
In a historic moment in Congress, pro-cryptocurrency representatives warned the House of Representatives of the “unstoppable” power of Bitcoin, calling for the United States to clarify regulations and seize the lead in blockchain innovation.
As the U.S. Senate learned about Facebook’s Libra, it realized that Bitcoin cannot be killed
Bitcoin has been in the spotlight lately after a tweet from United States President Donald Trump where he expressed his views on cryptocurrencies, stating that he was “not a fan” of Bitcoin and that its value was highly volatile and based on thin air.