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Libra in Danger After Mastercard, Visa, eBay, and Stripe Ditch Facebook Cryptocurrency Project

The development of Libra has taken a blow after four online giants bowed out of the Libra Association. Stripe and Visa are moving away from the project to focus on their own core operations, but they’ve kept the door open for a possible return if regulatory headwinds clear,  as reported by CNBC, October 11, 2019. дальше »

2019-10-14 13:13


Ripple Expands Into South Africa, As Xago Launches XRP Only Exchange Using RippleNet

Ripple is an ever-expanding company, owning it's own cryptocurrency, XRP. The cryptocurrency is considered one of the most prominent ones in the world, standing right next to Ethereum and Bitcoin. Xago, a South African based company, will use the RippleNet network with the aim of increasing XRP liquidity within South Africa. This is yet another […] дальше »

2019-10-10 16:38


Russia’s Central Bank dismisses any need to issue national cryptocurrency

While several countries are wading into the cryptocurrency industry by issuing CBDCs and releasing their own national cryptocurrencies, Russia has confirmed that it won’t be following suit. According to Russian state media, Elvira Nabiullina, Head of the Russian Central Bank, asserted at a recent event that the bank seems to find that there is no […] The post Russia’s Central Bank dismisses any need to issue national cryptocurrency appeared first on AMBCrypto. дальше »

2019-10-10 14:56


Facebook’s Libra loses PayPal; Chinese whispers or regulatory chokehold?

Did PayPal hear the Chinese Whisper, and go amiss? Libra was a unique sell. Primed as a “digital currency,” backed by a slew of government assets, operated on its own network, held on its own wallet, backed by companies that impact the world on a daily basis, with the ribbon of “banking the unbanked,” right […] The post Facebook’s Libra loses PayPal; Chinese whispers or regulatory chokehold? appeared first on AMBCrypto. дальше »

2019-10-8 16:30