Announcements, Stories, Opinions And Ideas

A weekly digest of relevant news about digital assets and crypto, outlining crucial blockchain industry updates that you may have missed.

PayPal Withdraws From Facebook-Led Libra Crypto Project - CoinDesk
PayPal has withdrawn from the Libra Association, the company announced Friday.
Indian Police Can’t Move Seized Crypto Due to India’s Anti-Crypto Law
Indian police have sought a court directive to move $1.2 million seized from a BTC ponzi scheme last year that has been frozen due to the country’s anti-crypto laws
New York’s Financial Watchdog Is Hiring Another Crypto Superintendent - CoinDesk
The specialized crypto unit of the New York Department of Financial Services is beefing up its staff with another hire.
Bithumb Global to Launch Regulated Crypto Exchange in India: Report
South Korean exchange Bithumb’s international platform Bithumb Global is looking to establish a regulated cryptocurrency exchange in India, a report says
Fed Official Says Digital Central Bank Currency Is ‘Inevitable’ - CoinDesk
Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency
US Response to Facebook’s Libra Is ‘Ridiculous,’ says Coinbase CEO
The U.S. government reacted to Facebook’s Libra “like they almost want to be left behind,” says Coinbase CEO Brian Armstrong
McAfee: Bitcoin’s Scarcity Will Trigger Its Price to Hit $1M in 2020
Crypto enthusiast and U.S. presidential campaigner John McAfee explains why Bitcoin should hit $1 million in 2020