After the solid rumours that Facebook's Libra is going to be postponed for 2020, Zuckerberg is now facing Congress on the 23rd of October. With that there were also speculations that the COO of the company, Sheryl Sandberg may also testify regarding the project. The information comes directly from CNBC. Mark Zuckerberg will be the…
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Japan is known for being a crypto-friendly country. However, the country has moved a step further and is now allowing political donations in cryptocurrencies. These will not be regulated, according to politician Ms. Sanae Takaichi. Japan does not consider cryptocurrencies as legal tender, and any regulatory action on political donations will affect only stock and…
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Insolar is a blockchain provider company that recently announced several important strategic partnerships, including ones with Microsoft, Oracle, Innosuisse and the UK Energy Innovation Center. The announcement of these partnerships coincides with the launch of Insolar's mainnet, which is scheduled for November 1st, 2019. According to press, these partnerships will enable Insolar to attract even…
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The cryptocurrency project of Facebook, Libra, got immense attention from regulatory bodies. Leaprate last reported that the cryptocurrency launch may be delayed some time in 2020. This is not what Zuckerberg wanted, but at the end Facebook vouched for complying with all regulatory issues before launching Libra. But what happens when Libra's partners start to…
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Telegram , the encrypted messenger service provider, is launching the Telegram Open Network in late October, 2019. The information comes from an internal company email to investors. This is what the project team posted on Telegram regarding the update to investors: Original investors received emails from the Telegram core team,” and investors will have to…
Read moreFinancial institutions may not agree on when the cryptocurrency industry will mature enough and not be a threat to them, but employees may choose to launch their own currencies, nevertheless. The latest currency was created by former employees at JP Morgan, Intel and TrustToken. The cryptocurrency is actually a stablecoin pegged to the USD and…
Read moreWhile the SEC is pondering whether to grant the existence of a Bitcoin ETF, it is not wasting time in charging the cryptocurrency industry, where appropriate. The financial regulator has fined the blockchain company Block.one for unregistered ICO. The fine was $24 million. According to the SEC, the ICO raised billions of dollars in digital…
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Facebook's ambitious cryptocurrency venture, Libra, has financial regulators around the world on their feet and thinking how a tech company's digital currency rival with national fiat ones, established monetary policies and even national security. All of these concerns and many more have now caused the launch of Libra to get delayed, most likely up until…
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The automotive industry has made incredible steps in taking advantage of the blockchain technology. And while not many car makers are in the "game" yet, there are some who are already executing transactions on blockchain networks. This is how Daimler has carried out its first transaction on the Marco Polo Blockchain Trade network. The German…
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Liquidity Edge, the electronic US Treasuries trading venue, has signed a deal to license Mosaic Smart Data MSX platform to provide venue analytics across its portfolio of marketplaces. Mosaic Smart Data will give LiquidityEdge a package of analytics that will help the latter to monitor and compare liquidity in the markets to ensure smooth market…
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