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Libra associates got concerned and dropped out: Secretary Steven Mnuchin

Facebook’s Libra initiative hit another roadblock prior launch after Libra associate companies including MasterCard, Visa and Stripe announced dropping out on October 9. While the decision was made after two Democratic Senators asked the the three banking giants to rethink their stance on Libra, speculation around the Senators’ being a threat clouded the crypto ecosystem. дальше »

2019-10-15 21:00


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US Senator Threats Likely Factored in to Visa, Mastercard, Stripe Leaving Libra

Two US Senators have taken it upon themselves to write letters directly to the heads of three payment companies that were, until yesterday, a part of the Libra Association. In these letters, Senators Brian Schatz (D-HI) and Sherrod Brown (D-OH), have threatened: “If you take this on, you can expect a high level of scrutiny from […] The post US Senator Threats Likely Factored in to Visa, Mastercard, Stripe Leaving Libra appeared first on BeInCrypto. дальше »

2019-10-12 08:18


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Facebook’s ‘technical error’ in Messenger Kids allowed children to chat with adults, unsupervised

Facebook has admitted to a design flaw in Messenger Kids app that allowed young users on the platform to participate in group chats with adults, without their parents’ permission. The acknowledgement comes weeks after US Democratic senators Edward Markey and Richard Blumenthal urged the social media giant to prioritize children’s privacy and safety online. дальше »

2019-8-29 09:27


ICYMI: Circle CEO Urges Senators to Create a National Framework for Digital Assets

Coming a few weeks after the Senate grilled Facebook about their crypto project, Libra, Circle CEO Jeremy Allaire was the lone crypto-industry representative on Tuesday to testify before the Senate Committee on Banking, Housing, and Urban Affairs about the industry's need for regulatory clarity. Mr. Allaire urged Congress to adopt дальше »

2019-7-30 20:57


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Washington State Senate Introduces Bill Promoting Blockchain Technology

Washington State has decided to begin 2019 with a focus on technological innovation, and despite past difficulties by other states,  a group of senators recently introduced a bill that seeks to make a series of amendments to current legislation to promote the use of blockchain technologies, especially in the area of identity verification. дальше »

2019-1-29 18:52


New Hampshire Lawmakers Introduce A Bill Seeking Approval For State-Level Crypto Tax Payments

Republican senators Dennis Acton and Michael Yakubovich of New Hampshire have introduced House Bill 470 that seeks to allow state agencies to accept cryptocurrencies as payment. State Treasury, Department of Administrative Services, and the Department of Revenue Administration have been contacted to give their feedback on the issue. For the bill, the Department of Administrative […] дальше »

2019-1-24 12:41