IBM Says It’s Open to Working With Facebook on Libra Crypto

IBM Says It’s Open to Working With Facebook on Libra Crypto

“Our clients are ready to work with” Facebook on Libra, said IBM’s general manager of blockchain services Jason Kelley. Technology behemoth International Business Machines (IBM) is open to working with Facebook on its Libra stablecoin, CNBC reported on Sept. 23.IBM’s general manager of blockchain services Jason Kelley said that the company is looking to spur collaboration in the space, noting that “blockchain is a team sport.” He also highlighted the firm’s openness to the…

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Facebook Hires Lobbying Firm to Ease Regulatory Pressure on Libra

Facebook Hires Lobbying Firm to Ease Regulatory Pressure on Libra

Facebook has hired a Washington-based lobbying firm to help it grapple with the negative responses sparked by Libra. Facebook has hired a Washington-based lobbying firm to help it grapple with the negative response to its planned Libra cryptocurrency.According to an O’Dwyer PR report published on Aug. 26, the social media giant is working with FS Vector — a consultancy firm that specializes in regulatory compliance, public policy, and business strategy for the fintech, cryptocurrency, blockchain…

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Some Senators Call on US to Lead in Blockchain and Crypto, Others Doubt

Some Senators Call on US to Lead in Blockchain and Crypto, Others Doubt

U.S. senators gave statements in a hearing today, with some advocating for a more focused approach to blockchain, while others scrutinized cryptocurrencies. The United States Committee on Banking, Housing and Urban Affairs has ended the hearing on “Examining Regulatory Frameworks for Digital Currencies and Blockchain” today, July 30.Circle CEO Jeremy Allaire, Rebecca M. Nelson, a specialist in international trade and finance; and Mehrsa Baradaran, a professor of law at the University of California Irvine…

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