German Gov’t Approves ‘Bundes-Chain’ to Combat Libra Cryptocurrency

The German government will approve its proposed blockchain strategy this September which reportedly blocks projects like Facebook’s Libra cryptocurrency. Germany Readies Anti-Libra Response According to Spiegel, Germany’s federal cabinet will approve its blockchain strategy announced back in June 2019. While the move signals the country’s intent to be a part of the emerging global economy, […]

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France To Block Libra But FINMA Eager For Regulation

Fresh reports have revealed that France wants to block Facebook’s Libra cryptocurrency in Europe. Meanwhile, financial regulators in Switzerland say they are open to international cooperation in the creation of a regulatory framework for the proposed cryptocurrency project. Libra Shall Not Pass London-based City A.M. has released a report purportedly from AFP that regulators in […]

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Facebook’s Crypto Libra Isn’t Getting Away With Measly Swiss Payments License

Switzerland’s financial regulator will subject the ‘Libra’ project to further scrutiny. | Source: Shutterstock Switzerland’s financial regulator has indicated that Facebook’s cryptocurrency project Libra will be required to meet additional requirements besides getting a payment system license prior to starting operations. In a press release, the Swiss Financial Market Supervisory Authority (FINMA) stated that the […]

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