The billionaire businessman has sued Facebook in an Irish court for allowing his face to be used by scammers on its platform who published bogus crypto ads.
Regulators in the European Union are reportedly struggling to decide how best to regulate Facebook Libra and the wider sector.
Cryptocurrencies, and those developing them, must conform to existing anti-money laundering principles or face action.
Lawmakers in Japan are set to publish proposals this week which could pave the way for digital currency use in the country.
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.
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.
The company decides to focus on its own payment solution as it exits the controversial stablecoin project
Facebook’s troubled Libra stablecoin is no closer to launching, after running into fresh opposition from regulators worldwide.
The Libra Association has a five-member committee to oversee the technical development of the project including Union Square partner Nick Grossman.
Coinbase is set remove its DApp from Apple’s App Store, the exchange revealed citing Apple’s policies.