Libra — sometimes referred to as “Facecoin” or “Zuckcoin” — is self-billed as “a simple global currency and financial infrastructure that empowers billions of people.” The introduction waxes cypher-poetic about the liberating nature of the internet and the potential for an online currency to unfetter financially disenfranchised populations around the world from the shackles of the inefficient and parasitic banking system. “The world truly … [Read more...] about Facebook’s Libra Is Here. But It Might Not Be What You Think.
cryptocurrency
Policymakers Meet to Finalize Global Crypto Guidance – A Look at Standards G20 Supports
The Financial Action Task Force has kicked off its meeting to discuss global cryptocurrency regulations which the G20 countries have committed to follow. Meanwhile, the crypto industry has raised concerns regarding some recommendations, and a meeting has been set up to coincide with the G20 summit to influence policymakers. Also read: G20 Starts Crypto Discussions – A Look at Global Standards Plenary to Discuss Crypto Regulations The Financial … [Read more...] about Policymakers Meet to Finalize Global Crypto Guidance – A Look at Standards G20 Supports
Indian Crypto Community Petitions Government for Regulation
Following widespread reports of the upcoming Indian cryptocurrency bill, the crypto community has started a petition for the government to quickly implement a regulatory framework for cryptocurrencies. In addition, a television network operated by the Upper House of the Indian Parliament has aired a program discussing the bill, and three Right to Information requests have been filed seeking answers about the bill. Also read: Indian Cryptocurrency … [Read more...] about Indian Crypto Community Petitions Government for Regulation
Markets Update: Crypto Prices Surge After Last Week’s Pullback
Digital currency markets have regained some of the losses they endured last week, with the entire cryptoconomy now valued at $275 billion this Saturday. Most cryptocurrencies are up in value between 2-8% today but global trade volumes have tapered off with only $63 billion swapped in the last 24 hours. Also read: Bitcoin.com’s Local Bitcoin Cash Marketplace Is Now Open for Trading Digital Asset Markets See Fresh Gains Cryptocurrency markets have … [Read more...] about Markets Update: Crypto Prices Surge After Last Week’s Pullback
Meet the Developer Who Added Schnorr Signatures to Bcash
This week news.Bitcoin.com spoke with Jonathan Gonzalez, the blockchain developer who is currently maintaining the Bcash project, a Bitcoin Cash full node written in node.js. Gonzalez explained how he got into Bitcoin Cash development and how he managed to get the Bcash node fully compatible with last May’s fork, which introduced Schnorr signatures to the main chain. Also read: How to Exchange Your Amazon Gift Cards for Bitcoin Cash Schnorr … [Read more...] about Meet the Developer Who Added Schnorr Signatures to Bcash