Facebook May Publish GlobalCoin Whitepaper on 18.06

Facebook didn't provide any comments, but it posted 28 job openings, related to blockchain
07 June 2019   391

The largest social network in the world Facebook will introduce white paper for its Global Coin cryptocurrency on June 18th. It is reported by TechCrunch, referring to the statement by the manager of the European branch of Facebook, made at the conference Money2020.

In addition to a company's spokesperson statement, TechCrunch also received an application to publish certain news material from a member of the blockchain division of Facebook.

However, the company refused to officially comment on the information. However, Facebook does not give any comments on its cryptocurrency project, despite the abundance of information about it in the media.

In this regard, some experts believe that it is possible that the deadlines may be postponed due to unforeseen circumstances related to the possible intervention of regulators or problems with the project partners.

It is also noteworthy that Facebook immediately posted 28 vacancies related to the blockchain.

Media started talking about the launch of cryptocurrency from the world's leading social network at the beginning of the year, after Facebook had negotiated with several bitcoin exchanges about listing its own “stable coin”.

It later became known that the company acquired the Libra trademark for its secret cryptocurrency project, after which the US Senate Banking Committee requested information about it.

CFTC to Approve LedgerX's Deliverable BTC Futures

At the same time, another platforms such as Bakkt, ErisX and Seed CX still awaiting regulatory approval
26 June 2019   65

Cryptocurrency derivatives provider LedgerX LLC has received a license from the Authorized Derivatives Market (DCM) from the US Commodity Futures Trading Commission (CFTC), which will allow it to launch the country's first bitcoin futures.

Deliveries for deliverable futures are made in the underlying asset, not in fiat funds. Thus, LedgerX outstripped the Bakkt, ErisX and Seed CX platforms, which are still awaiting regulatory approval.

At the same time, LedgerX intends to launch the Omni platform for trading options, swaps, and bitcoin futures for retail investors, since at the moment it does not see enough interest from institutional market participants.

However, it should be added that some experts have already expressed fears that the nature of the license received will not allow LedgerX to provide margin tools to customers, and Bakkt should have such functionality.

Recall about the intentions to obtain the appropriate permission and overtake competitors LedgerX said in April.