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Facebook’s foray into crypto has made the firm few friends in political circles. The Libra backlash has been so bad that it has painted bitcoin and the rest of the crypto industry in a bad light. This week US senators have ramped up their rhetoric against internet monopoly and its lofty banking ambi..
With Libra under intense scrutiny, U.S. lawmakers are having to understand the difference between bitcoin and Facebook’s crypto project. Bitcoin is Already a Regulated Space Speaking to CNBC, Meltem Demirors, Chief Strategy Officer (CSO) at CoinShares, highlighted the already regulated nature of th..
Many are still attributing the US Treasury Secretary’s comments on Libra and bitcoin to its rapid decline over the past few days. In reality, they may have sparked the selloff but market correction has been overdue for some time. Congress to Convene Again on Libra A second hearing has been schedule..