Litecoin Foundation to Hold Global Summit in September in San Francisco

  • The Litecoin Foundation announced that it will hold Global Litecoin Summit in San Francisco in September

Cover image via U.Today

The Litecoin Foundation just announced that it will hold Global Litecoin Summit in San Francisco in September through a tweet. More details are yet to be released.

The Foundation, which oversees the Litecoin’s development, recently terminated the funding for a Litecoin merchant startup, LitePay. LitePay’s founder and Litecoin CEO Charlie Lee said he would halt the operations and well the company.  This was, of course, a rather big blow for a digital currency that is building itself to be a simple and effective payment system.

About the author

Sylvia  is a Washington-based reporter and writer interested in blockchain, other fintech, future of money and how they interact with existing institutions. Besides English, she speaks Mandarin, Cantonese and French.

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