The SEC said that Telegram conducted an allegedly unregistered token sale breaking the securities laws of the agency.
Alipay refuted any involvement in Bitcoin and crypto transactions saying that the company has strict vigilance on these matters.
The United Nations organization said that it will use these funds to provide children access to open-source technology that benefits young people across the globe.
This is the third-time that a Facebook executive will appear before the US Congress to explain the potential benefits that Libra can bring to the financial markets.
The regulator has asked fund managers to maintain due diligence while dealing with investments having exposure to crypto assets.
Tether has claimed complete innocence against the accusations calling them as baseless and a “shameless” attempt for money grabbing.
Tim Cook said that private companies shouldn’t compete with the state in matters related to monetary and currency control.
The lawmakers said that the Fed should immediately consider the growing trend of crypto use for online transactions and act in that direction.
Big financial giants are allegedly planning to dissociate with the Libra Project as Facebook finds it difficult to deal with the regulators.
The SEC penalized EOS-maker Block.One for selling ERC-20 securities without registering the U.S. securities laws.