Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.
Facebook (NASDAQ:FB) to work ‘however long it takes’ to win over regulators on LibraMark Zuckerberg turned on the charm offensive this week in an attempt to reassure governments and central banks that his social network is taking their concerns about Libra to heart. On a conference call, he told investors that Facebook has changed — and his company was no longer in the business of releasing products without prior warning. The CEO vowed its cryptocurrency would only debut when regulatory issues are ironed out, plunging 2020 launch plans into doubt. Another bombshell came on Wednesday when the CEO of Visa (NYSE:V) said no companies have officially joined the Libra Foundation, as they have only signed a nonbinding letter of intent. The day before, it emerged several fake pages posing as official channels for Libra were circulating on Facebook and Instagram — and they were only removed when the Washington Post alerted the tech giant that they existed.
The battle for Libra: Zuckerberg needs to convince the public, tooStormy week for Sun as he denies money laundering allegationsBitcoin back to four figures as market veers into the redIran recognizes Bitcoin and crypto as an official industry, MP saysPantera Capital CEO believes Bitcoin could reach $356,000 in a couple of yearsIndian government panel recommends a blanket ban on cryptocurrencies John McAfee arrested aboard a yacht in the Dominican RepublicIRS sending 10,000 tax compliance letters to crypto investorsBitcoin is property, Chinese court rules — no crypto ban contradictionCrypto community’s reaction to Libra congressional hearingsContinue Reading on Coin Telegraph