FinCEN: Work within the rules or face enforcement action
Cryptocurrencies, and those developing them, must conform to existing anti-money laundering principles or face action.
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Japan eyes publishing digital currency proposals
Lawmakers in Japan are set to publish proposals this week which could pave the way for digital currency use in the country.
Bank of Japan must be ready on digital currencies: deputy governor
While the Bank of Japan had no immediate plans for a CBDC, it was “very important” for the central bank to be prepared should the need arise.
Fraudsters claim to sell Libra ICO tokens in latest Twitter scam
The latest scam has some fraudsters posing as the official Libra ICO platform, despite the fact that FB has already said it’s unlikely to launch this year.
Vodafone becomes the latest to drop out of the Libra Association
The company decides to focus on its own payment solution as it exits the controversial stablecoin project
Facebook Libra faces fresh opposition in Australia, Switzerland
Facebook’s troubled Libra stablecoin is no closer to launching, after running into fresh opposition from regulators worldwide.
Facebook Libra creates 5-member committee to ‘steer’ technical roadmap
The Libra Association has a five-member committee to oversee the technical development of the project including Union Square partner Nick Grossman.
Facebook Libra has ‘failed,’ says Swiss ex-president
Ueli Maurer said Facebook’s Libra project has failed to win the support of central banks.
Coinbase DApp browser faces App Store axe
Coinbase is set remove its DApp from Apple’s App Store, the exchange revealed citing Apple’s policies.
Facebook Libra board member slams lack of ‘solid strategy’ for launch
Patrick Ellis of the Libra Association saying there was a lack of strategy around how and where the cryptocurrency will launch.
Crypto scam ads on Facebook find new victim
The scam ads are using the face of Ho Ching, the CEO of $230B state investor Temasek to trick investors.
Facebook Libra a ‘security’ under US bill, increasing regulatory scrutiny
Known as the Managed Stablecoins are Securities Act of 2019, the bill would mean Libra was subject to the structures of U.S. securities law.