Cryptocurrency News Today: Moonday Mornings: eBay, Mastercard, Visa, Stripe, and Mercado Pago leave Facebook’s Libra Association
Let’s get to it.
1. Facebook‘s “Cryptocurrency” Libra is facing yet more challenges as Mastercard, Visa, eBay, payment system provider Stripe, and South American partner Mercado Pago have pulled out of the troubled project, The Financial Times reports. The news comes just one week after PayPal left the project.
2. Messaging platform Telegram may be putting the brakes on the launch of its TON Blockchain token, according to a note sent to investors seen by Bloomberg. Regulatory concerns, raised by the US Securities and Exchange Commission (SEC), have prompted Telegram to potentially delay the launch of its TON token. The company says it is taking the time to evaluate ways to address the SEC’s concerns. Telegram has previ
3. Following updated guidance on how to declare and file taxes owed on Cryptocurrency holdings issued last week, the US Internal Revneue Service (IRS) has updated one of the main forms taxpayers use to report income to include a question about cryptocurrencies, CoinDesk reports. Bear in mind though, that this update is a draft and subject to further approval before official release.
4. According to a recruitment notice published last week, the PBoC is looking for technology experts to join its Digital Currency Research Institute, Decrypt reports. The bank is looking for candidates with proven knowledge in econometrics and cryptography. It’s n