Facebook’s Libra Has “Failed” As Central Banks Won’t Accept It – Switzerland Finance Minister

2019-12-28 19:04

Facebook’s digital currency Libra has been a big miss so far and requires a revamp in order to be supported, said the finance minister of Switzerland and outgoing president. Where regulatory consent is concerned, Ueli Maurer, the president of Switzerland said, “I don’t think (Libra has a chance in its current form), because central banks […] origin »

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switzerland libra minister facebook president finance said

Èñòî÷íèê: bitcoinexchangeguide.com

switzerland libra → Ðåçóëüòàòîâ: 55


Ôîòî:

Facebook’s ‘cryptocurrency’ Libra unveils official backers, but its future is still uncertain

Facebook has managed to officially sign up 21 organizations to its Libra Association following several high-profile departures from its controversial ‘cryptocurrency’ project. According to a press release, Andreessen Horowitz, Ribbit Capital, Spotify, Coinbase, Uber Technologies, Vodafone, and Xapo are among those who signed the Libra Association’s charter.

2019-10-15 12:33


Ôîòî:

Swiss Regulator Issues Guidance on Libra and Stablecoins

According to a notification issued by FINMA, the regulator has confirmed that stablecoins will be treated just like any other blockchain-based token in Switzerland, September 11, 2019. The Libra Association requested FINMA to disclose how the network would be treated, and the regulator has stated that Libra will be classified as financial infrastructure.

2019-9-12 23:00


Switzerland’s FINMA clarifies its stand on stablecoins soon after Facebook’s Libra pursues a payment license

On 2 May 2019, Facebook had registered a new company, Libra Networks, in Geneva, a step that turned out to be the company’s first move into the blockchain space. Recently, The Libra Association, the non-profit organization behind Facebook’s Libra cryptocurrency project, announced that it is pursuing a payment system licence from the Swiss Financial Market […] The post Switzerland’s FINMA clarifies its stand on stablecoins soon after Facebook’s Libra pursues a payment license appeared first on AMBCrypto.

2019-9-11 13:00


Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman

Facebook crossed the Atlantic, leaving US Congressmen pointing fingers. Libra, the cryptocurrency project launched by Facebook could be left in the docks before it sets sail for Switzerland. After running into harsh winds at the hands of Jerome Powell, Federal Reserve Chair during his hearing before the House Financial Services Committee, the prospects for Facebook […] The post Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman appeared first on AMBCrypto.

2019-7-11 18:30


Ôîòî:

Facebook’s cryptocurrency Libra whitepaper reveals blockbuster partnerships

The official whitepaper of Libra, the highly anticipated cryptocurrency of Facebook, has been released on libra.org, with additional partners. The Libra Association is established as a non-profit membership headquartered in Geneva, Switzerland and every partner and founding member of the association will run a validator node to process data on the Libra blockchain, which in […] The post Facebook’s cryptocurrency Libra whitepaper reveals blockbuster partnerships appeared first on CryptoSlate.

2019-6-18 12:39


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