Analytics / Forex and Crypto News
Corporations Visa and Mastercard, as well as some other financial companies, intend to refuse to cooperate with Facebook in the development of electronic currency Libra. This was reported on October 1 by The Wall Street Journal.
According to them, the reason for the likely denial of funding was the criticism of the digital currency Libra by the American and European authorities.
So, in July the US Treasury Secretary Stephen Mnuchin said that the US administration is "extremely concerned that Libra could be used by money launderers and terrorist financiers."
The US President Donald Trump, in turn, noted that Libra, in his opinion, will have "low stability and reliability."
G7 finance ministers said Libra could adversely affect the functioning of the international monetary system.
During November, ICO-projects sold 416K ETH. This is the largest figure since the summer, reports Trustnodes.
According to Santiment, in August, ICO startups sold only 100,000 ETH. In September, sales of digital currency increased significantly, reaching 300 thousand ETH. In Nov