Courier arrives?

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January 15, 2019 BITCOIN TROVE: In a recent court filing, Craig Wright says a third party delivered "the necessary information and key slice to unlock the encrypted file,” seemingly referencing the bonded courier needed to unlock 1.1 million Tulip Trust at the heart of a lawsuit brought by Ira Kleiman. The prosecutors followed with a filing saying Wright only provided a list of 16,404 addresses but no information about the courier, whom they intend to depose. Full story ETF PULLED: Bitwise Asset Management has withdrawn its application with the SEC for a bitcoin exchange-traded fund. "This is the next step towards our long term goal of bringing a bitcoin ETF to market, and we plan to refile our application at an appropriate time,” the firm told CoinDesk. Full story NOT FORGOTTEN: The FBI is emailing QuadrigaCX victims, confirming the federal agency is investigating the circumstances around the Canadian crypto exchange's collapse. "A criminal investigation can be a lengthy undertaking, and, for several reasons, we cannot tell you about its progress at its time," Gauthier wrote to victims. Full story STAY AWAY: The United Nations is warning about the risks of attending North Korea's cryptocurrency conference in February. Reuters reports that going to the event would probably be a violation of international sanctions, according to a confidential report soon to be put before the U.N. Security Council. Full story BLOCKCHAIN LAUNCH: Crypto startup Kadena’s public blockchain went live Wednesday, adding interoperable smart contract support between the public chain and its private chain counterparts. The Brooklyn-based offshoot of JPMorgan’s blockchain center is also integrating its Chainweaver wallet with the Cosmos Network, allowing different blockchains to interact. Full story HEADED TO DAVOS? CoinDesk is sending a team of journalists to scrutinize the global elite as it meets for the annual World Economic Forum. It will be Davos, but through a lens of crypto and blockchain. Our daily dispatches will tell you what sessions you should attend, what you missed yesterday (or last night) and prep you for what people are talking about on the Promenade today. The CoinDesk Confidential newsletter will run for five days only, so be sure to sign up now. Subscribe here BULLS IN CONTROL: Bitcoin has reversed its low-volume pullback to $8,600 seen during the Asian trading hours and now looks set to test the 200-day average hurdle at $9,100. Technical indicators are signaling strong bullish momentum, so corrections, if any, are likely to be brief. Full story PETRO FOR PETROL: Today on Markets Daily CoinDesk's Adam B Levine and Brad Keoun take a look into the world of inflationary economies, after Venezuela President Nicholas Maduro announced that airlines must pay for fuel with "El Petro." Listen in   WHO WON #CRYPTOTWITTER   Copyright © 2020 CoinDesk, All rights reserved.  Our mailing address is:  250 Park Avenue South New York, NY, 10003, US  Want to change how you receive these emails? You can update your preferences or unsubscribe from this list

Australian bank denies Libra / Libra and rethinking money / Zuckerberg doesn't mention Libra in 2030 vision

Inside Libra presented by Network Solutions.

Presented by Subscribe | View in browser 1. The Reserve Bank of Australia has denied any hopes of Facebook launching its Libra stablecoin in the country. According to the central bank, even if Libra is fully regulated, there wouldn't be enough demand for the coin to justify efforts for it. However, while the bank isn't keen on including Libra into its monetary system, it is bullish on the success of a centralized stablecoin. It's not just Libra that it's against, though; the central bank isn't a fan of Bitcoin either and claims it won't take off as a form of payment in the country due to its volatility. -AUSTRALIAN FINANCIAL REVIEW       2. Author David Birch has said that Facebook's Libra is making people think differently about money. Speaking in an interview, the author stated that "Facebook Libra has worked as a catalyst for digital money." Birch, who is also an advisor and commentator on digital financial services, added that whether the stablecoin succeeds or not, it has already been a "success in many respects." Despite negative views on Libra, it's still projected to launch later this year. -EMERCE.NL       A MESSAGE FROM NETWORK SOLUTIONS Save Now on Reliable Domain Name, Website and Hosting Services with Network Solutions Whether you're getting your new business online or building an existing one, you can count on us to be in your corner. For a limited time, save 25% site-wide on domain names, hosting, SSL, and more! With live tech support and flexible plans, this is an offer you can't afford to miss. Save 25% Now! 3. Mark Zuckerberg, CEO of Facebook, has outlined his 10-year vision for the social media platform within financial services but fails to mention Libra. Highlighting the company's plans and vision for 2030, Zuckerberg unveiled the aims the firm wants to make within the next decade. This includes Facebook's intention to "decentralize" finance and business. In a post published on the site, Zuckerberg wrote that "over the next decade, we hope to build the commerce and payments tools so that every small business has easy access to the same technology that previously only big companies have had." Libra, however, doesn't get a mention, which is projected to launch later this year. It intends to help individuals worldwide who don't have access to financial services. -COIN DESK       4. The Federal Council in Switzerland wants to tackle stablecoin projects such as Facebook's Libra in what has been reported as an "internationally coordinated manner." The council, which is a seven-member executive council that serves as the head of state and government of Switzerland, noted during a meeting today that while it was open towards "innovative approaches in the financial market," it was closely monitoring projects such as Libra. This was mainly due to the challenges involved in them, such as financial stability, money laundering, terrorist financing, and monetary policy and data protection. -FINANZ UND WIRTSCHAFT       A MESSAGE FROM FASTLY Extend the power of your core cloud to the edge with our API-first platform. Bring your innovative ideas to life, faster. Our edge cloud platform moves data and applications closer to users, at the network edge — so you can deliver fast, secure, and scalable online experiences. Take it for a spin and test up to $50 traffic, free. 5. Asset manager WisdomTree is hoping to launch a regulated stablecoin in the U.S., and according to this article, the idea behind it bears some similarity to Libra. The proposed stablecoin would be backed by a basket of assets such as gold, fiat, and government debt. According to WisdomTree corporate strategy director William Peck, "blockchain-based infrastructure is going to be more and more critical in financial services going forward." -COINCODEX       6. This post looks at what Libra's launch this year could mean for the crypto space. According to the author, there are two things to look out for: one is that Libra has the potential to bring "real-world cash to a digital ecosystem." However, the second point highlights the major tech companies that are backing Libra such as Facebook and Uber, both of which have links to profile data breaches. -YAHOO! FINANCE       7. Agustín Carstens, head of the Bank for International Settlements (BIS), says that while "Libra has good ideas behind it", it has "to evolve in such a way that it can conform with regulation." He added, though, that Libra has been a "wake-up call for central banks." Carstens said that Libra has shown that central banks need to change. -FINANCIAL TIMES (note: this may have a paywall)       8. According to Katharina Pistor, a professor at Columbia Law School in New York, it "must have occurred to" those behind Facebook that creating Libra was "crazy." Highlighting that it took forty years to plan the euro, she thinks that the thought of launching Libra in just 18 months is "just so audacious that I think they were somewhat detached from reality." -THE TELEGRAPH       9. Richie Hecker, an entrepreneur, and management consultant at Traction & Scale, states the Libra "is doomed to fail in its current form." In his opinion, he thinks that if Libra is to work it should follow the same path as Visa and that it should, initially, be backed with only U.S. dollars or another single currency, rather than a basket of currencies. He adds that there should also be a centralized administration so that an anti-fraud system is in place and a body to communicate with "regulatory scrutiny." -COIN DESK       10. In case you missed it: Libra may take "several years" to launch. That's according to Ryan Selkis, co-founder of Messari, a crypto price tracker. Speaking earlier this month, Selkis said that the stablecoin's "basket-weighted international reserve is definitively not going to happen in the next several years." -AMBCRYPTO       This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. Connect with her on Twitter.         Ad Save now on domains, professional email, top-quality hosting and more with Network Solutions! Save 25% Site-Wide!

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