Andreessen Horowitz Launches Crypto Startup School

Andreessen Horowitz is once again expanding its involvement in the crypto scene. The Silicon Valley VC firm is launching a free startup school for cryptocurrency and blockchain entrepreneurs. Silicon Valley Firm Expands Crypto Involvement The company announced the launch of the ‘a16z Crypto Startup School’ via a statement published on its website. According to the […]

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Facebook’s David Marcus Sells Libra as a Currency, Because Bitcoin Apparently Isn’t

Facebook Libra lead David Marcus doesn’t believe bitcoin is a currency. Its volatility keeps it from becoming a currency, he explained. Bitcoin is more aking to ‘digital gold’, according to the Facebook executive. Facebook’s crypto frontman David Marcus, provided bitcoin with a backhanded compliment on Wednesday. According to the Libra lead, bitcoin is a dead […]

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Global Crypto Framework Needed to Stop ‘Regulatory Arbitrage,’ Watchdog Warns

Hong Kong’s chief securities regulator says world regulators needs a united response to Facebook’s Libra to tackle ” real risk of regulatory arbitrage.” In remarks delivered Wednesday at Hong Kong Fintech week, Ashley Alder, chief executive officer of the Hong Kong Securities and Futures Commission (SFC), said Libra and other “Big Tech” stablecoin projects pose […]

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Zuckerberg was Right. China ‘Fast-Tracks’ Cryptocurrency With Huawei, Tencent

The People’s Bank of China signed a partnership with Huawei, reportedly to develop blockchain technology for China’s sovereign digital currency. It comes just a week after Xi Jinping pledged that China would “take the leading position” in blockchain. Zuckerberg’s ominous warning – that China could erode America’s “financial leadership” – is slowly materializing. Last month […]

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Coinbase Legal Chief Says Private Sector Should Build US Digital Dollar

Coinbase’s legal chief is calling for private sector leadership in developing America’s digital currency. Brian Brooks, in a Fortune essay published Monday, argued private corporations are best positioned to build a much-debated digital U.S. dollar, and that the government should stand back and let them, doing little, if anything, to regulate their underlying blockchains. “The […]

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Libra: Should Zuckerberg Thank Xi for Creating FOMO?

Last week, Chinese President Xi Jinping praised blockchain while the congress passed a new cryptography law in a bid to develop a state-backed digital currency. Crypto enthusiasts expect that China’s revival will convert into a big hope for Libra amid general FOMO. Primitive Ventures Co-Founder, Dovey Wan, claims that the comments made by Chinese president […]

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