Regulators Discuss Cryptocurrency Legislation Ahead of G20 Summit

The cryptocurrency regulation debate is expected to be at the center of the upcoming G20 summit where representatives from various countries will evaluate the new legal action course that has been proposed by the International Financial Action Task Force. The FATF is expected to release the proposals for new international standards governing cryptocurrency business on June 21. Blockchain Representatives at G20 Event The summit has the support of legislators and it is expected to have on board Virtual Asset Service Providers (VASP) as well as national blockchain associations. This summit…

Facebook Enters the Crypto Space with Libra Coin

  On Tuesday, Facebook and its partners unveiled its new cryptocurrency dubbed Libra coin that will transform how its over 2.38 billion users perceive the use of crypto to make purchases. Libra to Bring “Unbanked” Individuals to the System The project is offering a stable digital currency that expects to bring more unbanked individuals into the system. The Libra coin will be backed by stable financial assets and managed through a governing body. The coin is expected to make an entrance into the market in the first half of next year.…

Facebook Coin | Platform will Announce Cryptocurrency in June

According to CNBC, Facebook will announce its cryptocurrency later in June. Further, those working on the project will be able to take their salary in its new currency—the Facebook coin. Let’s check this out; here’s what we know. Facebook Coin: To Be Announced in Late June Rumors have surfaced for months now about Facebook’s new digital asset; however, nothing was ever truly confirmed. What is known is this: Almost one year ago, Facebook hired former PayPal executive David Marcus to explore blockchain opportunities—blockchain is, of course, the necessary technology to…

Even if Facebook Launches GlobalCoin, It’s Going to Struggle: This is Why

While not official, it looks like we’re going to see Facebook’s GlobalCoin sometime soon. And yet, if this rollout does happen, new research has indicated that the Facebook cryptocurrency will struggle to gain traction. Here’s why. Facebook’s GlobalCoin Hits Roadblock The most recent piece of news about Facebook’s GlobalCoin came out last week, on May 24. It was at this time that BBC, a UK broadcasting company, said social media giant Facebook plans to launch its cryptocurrency GlobalCoin next year, even going as far as saying the company plans to conduct…

Gotone Coin Global Wallet – Leader of Encrypted Asset Ecowallet

Gotone Coin Global Wallet – Leader of Encrypted Asset Ecowallet

Gotone Coin Global Eco Application Wallet is a new generation of intelligent blockchain wallet jointly launched by Global Cryptoasset Ecology Alliance (GCEA). It is based on the deep research of blockchain technology and adopts the world’s leading encryption technology, aiming at creating “the most intelligent global de-centralized all-ecological application wallet focused on crypto assets”, opening up the three major areas of payment, finance and application, making every effort to promote the development and take-off of the global blockchain industry, and realizing the global circulation of encrypted digital assets. According to…

Litecoin Signs Partnership with Travala.com to Allow You Save 40% on Bookings

https://www.youtube.com/watch?v=rt636Stp7dE “That really is a proud landmark for all of us even as we keep building our platform out to welcome people that share the identical vision to that crypto economy” Litecoin Evidence Partnership with Travala.com to Enable You Save 40 percent on Bookings Charlie Lee, Creator of both Managing and Litecoin Director of this Litecoin Foundation commented in the venture: The venture starts with #TravelWithLitecoin effort that’s directed at providing users with an chance to truly save as much as 40 percent on hotel bookings via Travala.com along with…