Chris Dixon of a16z Crypto: Denominating Libra in USD Could Ease its Integration

2019-10-12 18:37

Facebook’s Libra cryptocurrency has been a hot topic within the FinTech community and regulators from the world’s powerful economies. Recently, the project suffered setbacks after major partners like PayPal, Visa and Mastercard considered opting out of the Libra Association.

Governments have also expressed their skeptical sentiments on Libra’s development with most arguing that it would […].

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libra governments opting out association considered visa

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libra governments → Ðåçóëüòàòîâ: 54


Coinbase CEO: US Should Reconsider Ridiculous Stance on Libra as Project Partners Jump Ship

Facebook’s ambitious crypto project Libra is running out of steam as it gets hounded by regulators and governments around the world. The social media giant was dealt another blow yesterday when major project partner PayPal announced that it was jumping ship, but the Coinbase boss thinks the US should reconsider its negative stance.

2019-10-5 09:00


Facebook Crypto Libra Crumbling as Visa, Mastercard Consider Quits: Report

Facebook’s cryptocurrency Libra has been in hot water ever since the social media giant released the whitepaper earlier this year. Central banks and governments across the globe have put together a concerted effort against Libra, putting Facebook executives in the dock time and again as they fear that the social media giant is out to […] The post Facebook Crypto Libra Crumbling as Visa, Mastercard Consider Quits: Report appeared first on CCN.com

2019-10-2 11:06


Major US Banks Caution Federal Advisory Council Against Libra Becoming A ‘Shadow Banking’ System

Facebook's nascent crypto project Libra continues to run in trouble even before the actual launch. The project has managed to enrage regulators, central banks and governments around the globe, who believed Facebook was merely using the name of blockchain to start a parallel monetary system, piggy riding the existing framework in which institutions pay billions […]

2019-10-1 22:09


Ireland is cautious, but not opposed to Facebook’s Libra, claims Finance Minister Michael D’Arcy

World leaders and governments have been at their wits’ end recently, with many of them still uncertain about how to properly tackle the prospect of Facebook and its cryptocurrency. Ireland’s Finance Minister Michael D’Arcy is the latest to give his insight on Libra, blockchain and their effect on Ireland’s finance strategy, speaking about them during […] The post Ireland is cautious, but not opposed to Facebook’s Libra, claims Finance Minister Michael D’Arcy appeared first on AMBCrypto.

2019-9-26 13:30


Binance Positions Its Project Venus Stablecoin As Government-Friendly Libra Competitor

Binance, one of the largest crypto exchanges in the world, is marketing its new stablecoin Venus as an alternative to Libra that can be really friendly to governments. The project was revealed last month, when the CEO of Binance, Changpeng Zhao, affirmed that the company would be creating several stablecoins around the world. Now, the […]

2019-9-18 20:58


Remittance Ripoff PayPal Will Die Where Facebook’s Libra Succeeds

Facebook set the cat among the pigeons earlier this year when it revealed its cryptocurrency project – Libra. CEO Mark Zuckerberg scared the living daylights out of governments and private corporations alike with his ambitious project that aims to make sending money “as easy as sending a photo,” so it is not surprising to see […] The post Remittance Ripoff PayPal Will Die Where Facebook’s Libra Succeeds appeared first on CCN.com

2019-9-17 16:50


Ôîòî:

PayPal Cautiously Believes in Libra’s Potential Despite Regulatory Concerns 

Paypal, an American centralized payments services company has made it clear that it firmly believes in the potential of the social media giant’s global cryptocurrency project despite the intense scrutiny of governments and central banks on Libra, as well as the regulatory bottlenecks surrounding the cryptoasset, according to a Channelnewsasia report on September 14, 2019.

2019-9-16 12:20


Ethereum’s Vitalik Buterin says Libra is a wakeup call for governments

Facebook’s nascent crypto project libra has run into serious problems, with fresh objections being raised from regulatory bodies across the globe, right from its announcement in June. Recently, France’s finance minister Bruno Le Maire announced that they won’t allow any development of Libra in their country as it threatens government’s monetary sovereignty.

2019-9-15 15:30


Libra’s dependence on governments, central banks is its biggest weakness, claims eToro CEO

The steady growth of the cryptocurrency market has caught the attention of a lot of major tech giants, including the likes of Facebook, JP Morgan and now, Telegram. Out of these, Facebook’s Libra remains the most talked-about project, not only owing to its huge user base, but also due to the several hearings which have […] The post Libra’s dependence on governments, central banks is its biggest weakness, claims eToro CEO appeared first on AMBCrypto.

2019-9-4 17:30


Binance to launch a blockchain for fiat-backed stablecoins, but who even cares?

Cryptocurrency exchange Binance has been announced launch of a new blockchain and it’s called project “Venus. ” I’m not sure why it chose that name because Venus has no moons. Sad. In an announcement published this morning, Binance described Venus as an “initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe.

2019-8-19 15:16


Facebook Warns of “No Assurance” Libra will be made Available on Time, if “At all”

In the risk factors section of the Q2 report, the social media said that it recognizes the significance of the pushback from regulators and lawmakers since the project was announced in June. “Libra has drawn significant scrutiny from governments and regulators in multiple jurisdictions and we expect that scrutiny to continue,” Facebook said in its […]

2019-7-30 17:06


Ôîòî:

German Minister Calls for Close Monitoring of the Cryptocurrency Sector

A German minister has recently called on regulators to pay attention to the cryptocurrency industry, including Facebook’s Libra. According to a report by Reuters on July 16, 2019, the minister said that regulators should ensure that the nascent industry doesn’t threaten the stability of the financial sector Governments Increasingly Wary of Cryptos Since the adventRead MoreRead More.

2019-7-18 15:00


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