Bitcoin Is Totally Different Than Libra: Calibra Head David Marcus

⁠David Marcus, the head of Facebook’s forthcoming cryptocurrency wallet Calibra, said that he is a fan of Bitcoin (BTC), but it is totally different than the proposed Libra stablecoin. Bitcoin is digital gold, Marcus Says In a Squawk Box interview on Oct. 16, Marcus stated that he has been looking at Bitcoin since 2012 and […]

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French Central Banker: The World Needs to Standardize Crypto Regulations

A French central banker is calling for a global regulatory framework on crypto assets. In a speech at an Official Monetary and Financial Institutions Forum (OMFIF) meeting in London on Tuesday, Denis Beau, a deputy governor of Banque De France, said: “There is indeed a need for overall consistency to prevent regulatory arbitrage under the […]

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Alipay Reaffirms Its Prohibition of Cryptocurrency OTC Trading

Alipay, the mobile installment giant has disgraced Binance with the emphasis of their prohibition on digital currency exchanges. Everything started when Binance reported they would acknowledge installment for Alipay and Wechat on October 8th. The founder of Binance, Changpeng Zhao, said “Yes” on Twitter when a client inquired as to whether they can utilize WeChat […]

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Foxconn Founder: Libra Can ‘Converge’ With China’s Digital Currency in Taiwan

Terry Gou, Taiwan’s richest man and the founder of manufacturing giant Foxconn, wants the island to roll out the red carpet for Facebook’s Libra cryptocurrency project. In a recent, little-noticed speech, the billionaire and one-time presidential candidate said Taiwan could boost its status as an international financial hub by embracing Libra, rather than approaching the project […]

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Wilshire Phoenix Updates Its Bitcoin ETF Filing With SEC

The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund. According to the official document published on Oct. 15, investment management firm Wilshire Phoenix and exchange NYSE Arca have filed an amendment to their Bitcoin ETF application […]

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Platform Partnerships With Institutions Aare An All-Time High Yet Market Values Remain Flat

Evidence of blockchain technology’s move into the mainstream is emerging everywhere. A wide range of businesses are rapidly embracing it, and crypto use is growing, notably in the developing world. A clear sign of progress is the increasing number of partnerships that have been forged between development teams and a broad away of institutions. Many […]

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