In a surprising turn of events, Bitmain co-founder and executive director Micree Ketuan Zhan has been ousted from his position. The news exploded when fellow co-founder and current chairman of the board Jihan Wu sent an...

Last week, Facebook CEO Mark Zuckerberg sat in front of the U.S. Congress to defend the idea behind Libra, a cryptocurrency that will be spearheaded by major companies including the social media giant. And as expected,...

Public blockchain protocol Shyft Network has announced that former members of the Financial Action Task Force (FATF) have joined its advisory team, Cointelegraph reported. As per the report, Josee Nadeau, former head of...

Crypto Capital and Bitfinex have been embroiled in a massive scandal involving hundreds of millions of dollars being moved illegally through various channels. Now, authorities have apprehended Crypto Capital president Ivan...

A US lawmaker has condemned the letter sent by Senators Brian Schatz and Sherrod Brown in which they warned Visa, Mastercard, and Stripe to proceed with caution over their involvement in the Libra project. In a letter...

Financial Stability Board (FSB) Chair Randal K. Quarles has highlighted the challenges posed by global stablecoin to the regulatory community in a letter to G20 Finance Ministers and Central Bank Governors. Quarles...

Commodity Futures Trading Commission (CFTC)s chairman Heath Tarbert said he views Ethereums ether as a commodity, similar to bitcoin. Speaking to the Yahoo! Finance All Markets Summit in New York City, Tarbert opinioned...

The Libra Association, the governing body of Facebooks planned cryptocurrency Libra, lost its head of product within five months, a report from Cointelegraph has revealed. Simon Morris, who previously served at...

Facebook CEO Mark Zuckerberg will testify before the House Financial Services Committee this month to defend the Libra cryptocurrency. As per an announcement, Zuckerberg will appear at a hearing scheduled on Oct. 23,...

European Unions financial services commissioner Valdis Dombrovskis revealed his plans to create a new regulatory framework for cryptocurrencies, particularly Facebooks Libra stablecoin. Europe needs a common approach on...