EBay, Stripe, Mastercard and Visa Exit Libra in Blow to Facebook Project

Mastercard, Visa, eBay and payments company Stripe are dropping out of the coalition of companies Facebook enlisted to launch its Libra global cryptocurrency-based payments network.

tags: CryptoAssets Facebook Stablecoins Fintech

Leaders of CFTC, FinCEN, and SEC Issue Joint Statement on Activities Involving Digital Assets

U.S. CFTC, FinCEN, and SEC leaders issued a joint statement to remind persons engaged in activities involving digital assets of their anti-money laundering and countering the financing of terrorism (AML/CFT)obligations under the Bank Secrecy Act (BSA).

tags: Fintech CryptoAssets AMLCFT Regulation

‘Members’ of OpenLibra Disavow Project Days After Its Devcon Unveiling

Aggarwal, Chainlink, Web3 Foundation and Hashed say their names were used without their permission on the OpenLibra slide deck presented at Devcon. The OpenLibra project aims to ensure that access to the Libra stablecoin and its technology remains free from corporate control.

tags: Fintech CryptoAssets Stablecoins Facebook

Forget About Libra – You Can Now Send BTC Over Social Media

UK-based Block Matrix is developing Bottle Pay – a new application that allows users to send and receive BTC using social networks. Users can send BTC to any of their connections regardless of whether they have a Bottle Pay account or not.

tags: Fintech CryptoAssets PaymentSystems Payments