Facebook could withdraw from the Libra Association — the governing body of the eponymous stablecoin project — should it launch without approval from regulators in the United States. Libra could lose its primary member In a Congressional hearing on Oct. 23, Facebook CEO and founder Mark Zuckerberg reiterated the company’s commitment to not launch its…
In a letter to investors, Telegram encouraged investors to view the United States Securities and Exchange Commission (SEC) hearing recently rescheduled for February as “a positive step.” Cause for optimism The letter, sent on Oct. 19, briefly reassures investors that the recent rescheduling of hearings until Feb. 18-19 is good news while maintaining that the…
Cloud-based instant messaging service Telegram has released the terms of use for its native cryptocurrency wallet Grams Wallet. In the Oct. 8 publication, Telegram said the conditions apply whether as a standalone application or as incorporated into the Telegram Messenger application. Here are five key takeaways: 1. Taxes, regulation In the statement, Telegram emphasized that the Grams…
Caitlin Long, a member of the Wyoming Blockchain Task Force, hinted at two new prospective state laws she believes will be highly popular among cryptocurrency developers and owners. In an interview during Peter McCormack’s podcast on Sept. 27, the 22-year Wall Street veteran and cryptocurrency activist reflected on the pioneering crypto legislation already passed —…
In advance: As Cointelegraph reported on Sept. 20, the United States House of Representatives Financial Services Committee is holding a hearing today, Sept. 24, with the Securities and Exchange Commission (SEC) Chairman Jay Clayton and four other SEC commissioners. At the time of the announcement, the published agenda included such critical topics for Cointelegraph’s readers…
India is seeing the first signs of an anticipated brain drain, as the government mulls stark legislation that would criminalize domestic cryptocurrency investments. A Sept. 16 Economic Times report has taken the measure of industry sentiment on the ground, as a proposed blanket ban — currently still in the form of draft legislation — awaits its…
TSMC, the world’s largest independent semiconductor foundry and chip supplier for Bitmain, is facing multiple lawsuits from its competitor GlobalFoundries (GF). Alleged patent infringement GF, the second biggest semiconductor foundry by sales after TSMC, filed several lawsuits in the United States and Germany, accusing Taiwanese TSMC of infringing on 16 GF patents, according to an…
As the global investor community starts to become increasingly aware of what crypto has to offer, it appears as though this burgeoning asset class is becoming more and more accepted. This is probably best highlighted by the fact that after experiencing bearish conditions all through 2018 (with Bitcoin even stooping at one point to around…
Justice Joel M. Cohen of the New York Supreme Court (NYSC) has ruled to extend the preliminary injunction in the ongoing case of crypto exchange Bitfinex and Tether’s parent company, iFinex, against the New York Attorney General (NYAG), on July 29. Cohen reportedly decided to give a 90 day extension to the case, which apparently…
2014.10.21 On October 17, 2014 the Sheraton Palace Hotel Moscow held the Begin EMBA Fair – one of the leading education events in Russia especially organized for executives. Unlike the usual MBA fairs, it was oriented toward the more experienced participants and showcased the most relevant programs for their further career prospects. The current rapid…