Archive: libra
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News Fix: CBD Products Could Still Make You Fail a Drug Test
By Vin Narayanan on November 9, 2019
In the news this week: New York hemp farmers get a break, Saudi Arabia backs Travis Kalanick again and David Marcus says bitcoin isn’t a currency.
News Fix: The Two-Minute Drill Version
By Vin Narayanan on October 26, 2019
In the news this week: Adam Neumann gets a hefty severance package, Indian startups have a record year and the Senate finally starts thinking about marijuana research.
Crypto Monitor: SEC Offers Constructive Feedback, Crypto Adoption Builds Momentum
By Early Investing on October 25, 2019
Summary The Securities and Exchange Commission (SEC) has rejected yet another Bitwise bitcoin exchange-traded fund (ETF) proposal. This is exactly what we expected to happen. But this time, the SEC did something we didn’t expect: It actually gave constructive feedback in the form of a detailed 112-page response. Adam…
News Fix: Former CFTC Chair Suggests a Digital Dollar Will Uphold U.S. Dominance in Global Finance
By Allison Brickell on October 19, 2019
In the news this week: Pennsylvania introduces a comprehensive marijuana legalization bill, the former CFTC chair calls for a digital dollar and Canva’s valuation gets a boost.
Top Blogs for Startup Investors
By Adam Sharp on October 15, 2019
To learn more about startup investing from some of the top venture capitalists in the world, check out Adam’s recommended reading.
Poll Shows People Trust Bitcoin More Than Libra
By Allison Brickell on July 29, 2019
A recent poll shows people trust Facebook’s Libra crypto less than they do bitcoin. Here’s why.
Arbit Poll: Who Should Be Allowed to Innovate?
By Early Investing on July 22, 2019
Congress doesn’t trust Facebook to innovate payment services. But if big tech can’t innovate, then who can?
News Fix: Congress Grills Facebook, Doesn’t Get Anywhere
By Vin Narayanan on July 20, 2019
In the news this week, Facebook undergoes intense scrutiny at two congressional hearings, Curaleaf increasingly dominates the cannabis market and Chinese startups struggle to raise money.
Crypto Monitor: Time to Buy the Dip
By Early Investing on July 19, 2019
The crypto markets are offering an enticing buying opportunity this week. Meanwhile, the government is still panicking about Libra.
Congress Scolds Facebook Instead of Moving Fintech Innovation Forward
By Vin Narayanan on July 18, 2019
This week, legislators had the opportunity to make progress on key issues surrounding Facebook’s innovative Libra proposal. But too many politicians wasted it.
News Fix: Don’t Get Spooked by the Fed
By Allison Brickell on July 13, 2019
In the news this week, bitcoin takes a dive after the Fed voices concerns over Libra, Trump trash-talks crypto on Twitter, and Facebook doesn’t go for India.
Trump Gets Defensive About the Dollar
By Adam Sharp on July 12, 2019
It’s been a very interesting 24 hours in the crypto world. First, we had Fed Chair Jerome Powell testifying about crypto before Congress. He called for a halt to Facebook’s Libra stablecoin project and had some very interesting things to say about bitcoin. When asked whether crypto is a threat…
News Fix: 13 Headlines for 13 Colonies
By Vin Narayanan on July 6, 2019
In a special July Fourth edition of the News Fix, we’ve compiled 13 important headlines shaping the startup, cannabis and crypto sectors.
Why Facebook’s Crypto Won’t Save the Unbanked
By Andy Gordon on July 3, 2019
Facebook wants its Libra currency to help the unbanked. But it could end up causing more harm than good.
Why Facebook Recruited Plenty of Friends to Govern Libra
By Vin Narayanan on June 24, 2019
When Facebook announced its Libra cryptocurrency, everyone started to freak out about Facebook taking over the world. In reality, it’s getting help from some friends.
The Category 5 Freak-Out Over Libra, Facebook’s Digital Currency
By Vin Narayanan on June 22, 2019
Politicians and regulators are freaking out over Facebook’s new Libra currency. Here’s what’s going on.