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Cryptocurrency Clampdown? Libra Forces EU to Consider Regulations and Own Stablecoin
A new European Union (EU) draft document says that the European Central Bank (ECB) should hasten progress towards issuing its own digital currency for use by the public ahead of Facebook’s Libra project. дальше »
2019-11-6 04:23 | |
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European Union Ponders Issuing a Public Digital Currency to Compete With Facebook’s Libra
The European Central Bank (ECB) has recently considered the idea of issuing its public digital currency via a new draft document, according to Reuters. This is seen as a response against the Facebook backed project, as the company’s upcoming launch of the Libra has made regulators all over the world wary. Since Facebook shared plans […] дальше »
2019-11-5 21:25 | |
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Zuckerberg’s Libra hearings show that regulators just don’t get digital assets
Let’s face it; no lawmaker was prepared for Libra. Facebook’s digital currency project was unveiled in June 2019 and took the regulatory world by storm, confirming to Silicon Valley that politicians do not understand how the world of digital payments really works. дальше »
2019-10-30 18:00 | |
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China Not Facebook Is Likely to Be the First to Launch Digital Currency and Roll Out DCEP
Coinspeaker China Not Facebook Is Likely to Be the First to Launch Digital Currency and Roll Out DCEPA Chinese financial expert said that China will be the first country to properly float a digital currency, adding that Facebook’s Libra efforts will fail. дальше »
2019-10-29 12:50 | |
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Twitter will Never be a Part of Facebook’s Libra “Crypto”, Says CEO
Jack Dorsey has said “hell no” to the thought of Twitter joining the Libra Association. He also said that he didn’t understand why the project needed its only crypto asset-like currency to deliver on its stated goals. дальше »
2019-10-26 23:00 | |
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Facebook’s Libra May Not Get The Green Light As It Has Shaken Up The Central Banking Community
Facebook’s Libra, according to the president of a European think tank, might not get approved for its launch next year but it could definitely spur the creation of a different digital global currency. дальше »
2019-10-25 16:26 | |
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Libra Will Push Ahead Despite Trial on US Innovation, Says Congressman
After a recent congressional hearing, Rep. Patrick McHenry (R-NC) said that despite the current regulatory backlash Libra faces, the digital currency proposed by Facebook will likely launch. The Congressman also said he didn’t think it was right for Facebook to be undergoing the level of scrutiny it has encountered at such an early stage of […] The post Libra Will Push Ahead Despite Trial on US Innovation, Says Congressman appeared first on BeInCrypto. дальше »
2019-10-26 15:38 | |
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Libra Could Serve as Counter to Chinese Digital Currency, Says Zuckerberg
Facebook CEO Mark Zuckerberg painted the Libra stablecoin project as a way to counteract a possible Chinese digital currency
дальше »2019-10-24 23:48 | |
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“I Actually Don’t Know If Libra Is Going To Work,” Facebook CEO Mark Zuckerberg Testifies Before Congress
“I actually don’t know if Libra is going to work, but I believe it’s important to try new things and innovate,” said Facebook (FB) chief executive Mark ‘Zuckerbuck' while he was grilled by lawmakers over the company's plan to launch a digital currency before a Congressional panel on Wednesday. Zuckerberg explained that the idea behind […] дальше »
2019-10-23 21:57 | |
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Facebook will walk away from Libra if it doesn’t meet U.S. regulators’ standards
Facebook’s intention to launch its cryptocurrency project, Libra, has raised serious concerns about Mark Zuckerberg’s plans to establish a global digital currency that would challenge the U. дальше »
2019-10-24 20:15 | |
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WATCH: Zuckerberg’s LIVE testimony on Facebook’s cryptocurrency venture Libra
The social media giant, Facebook is poised to set a clear footing into the cryptocurrency market as Mark Zuckerberg faces Congress on all things Libra and advertising policies. This hearing marks an important foothold for Facebook’s digital currency dream as both the firm and its project have been under the regulatory scrutiny since the announcement […] The post WATCH: Zuckerberg’s LIVE testimony on Facebook’s cryptocurrency venture Libra appeared first on AMBCrypto. дальше »
2019-10-23 18:03 | |
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Zuckerberg Spins Congress: Back Facebook Cryptocurrency or Let China Win
Mark Zuckerberg will appear before Congress on Wednesday to defend Facebook’s controversial ‘cryptocurrency’ project, Libra. In his prepared remarks, the Facebook CEO will tell lawmakers that America risks losing “financial leadership” to China if they don’t get behind his company’s plan. дальше »
2019-10-23 13:07 | |
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Libra Will Not Launch Until Regulators Are Happy, Claims Zuckerberg
Mark Zuckerberg is apparently in favor of delaying the launch of the Libra digital currency until all demands of US regulators are satisfied. The Facebook founder also said that the social network firm was likely not the “ideal messenger” to deliver Libra to the world. дальше »
2019-10-23 01:08 | |
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Facebook’s Marcus: Striking Libra as a Threat to the US is a Win For China’s Digital Currency
As we already know, after five years of research, the People's Bank of China is very close to releasing its digital currency. While China has been focused on creating a central bank digital currency, the US has no plans for the same in the near future, though they are looking at it. In the meantime, […] дальше »
2019-10-22 19:50 | |
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Facebook Open to Using Fiat-Pegged Stablecoins for Its Libra Cryptocurrency
Coinspeaker Facebook Open to Using Fiat-Pegged Stablecoins for Its Libra CryptocurrencyHead of Facebook's Libra Project, David Marcus said that instead of using the synthetic currency, they are open to using stablecoins pegged to national currencies. дальше »
2019-10-21 13:16 | |
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Indian Finance Minister Answers Crypto Questions at IMF Meeting
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. дальше »
2019-10-21 13:15 | |
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Facebook Now Wants a Series of Stablecoins For Libra Crypto Project
As the pressure continues to pile on Facebook, the social media giant is still determined to forge ahead with its grand crypto ambitions. As it realizes that the journey ahead is not going to be a smooth one the company is looking at alternative ways of getting its own currency off the ground and a. дальше »
2019-10-21 09:30 | |
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Libra Roundup: G7 Voice Concerns, Senator Adds Support, New Study Emerges
Today, G7 countries have documented their concerns about the impact of stablecoins on the global monetary system, US Senator Michael Rounds has offered fresh words of support, and a new survey has emerged on Libra adoption 67% of Nigerian Businesses Would Welcome Libra While Facebook’s intention to launch a global digital currency sparked reactions among governments and regulators in developed countries, no-one has bothered to ask the opinion of potential users, especially in developing countries. дальше »
2019-10-18 14:00 | |
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G7 countries caution against Facebook’s ‘risky’ Libra
Earlier this week I told you Facebook‘s ‘cryptocurrency‘ saga had turned into a soap opera and that it was going to be a long season, and it seems I wasn’t wrong. The technology giant is facing a new challenge after the G7 said on Thursday that such stablecoins shouldn’t be allowed to launch until international risk was assessed. дальше »
2019-10-18 12:04 | |
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French Finance Minister: Libra Will Take Away State’s Power To Control Currency
French Economy and finance minister Bruno Le Maire attacks Libra again this time claiming that Facebook’s led stablecoin will intrude on one of the most important national government mandates, issuance of currency. дальше »
2019-10-17 20:31 | |
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US Fed Reserve: Facebook’s ‘cryptocurrency’ dream faces core legal, regulatory challenges
The US Federal Reserve Governor Lael Brainard said yesterday that Facebook must overcome a “core of legal and regulatory challenges” before facilitating payments with its ‘cryptocurrency’ Libra. дальше »
2019-10-17 13:44 | |
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Wales Plans Digital Currency Launch, BoE Governor Views Cryptocurrencies like Libra as Payment System Solutions
Bank of England Governor Mark Carney has thrown his weight behind Facebook’s global cryptocurrency project dubbed Libra. The has opined that blockchain-based virtual currencies have the power tix the challenges associated with traditional payments systems, reports The Star on October 15, 2019. дальше »
2019-10-17 01:00 | |
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Libra Association Exec: Bitcoin is Digital Gold, Very Different to Libra
David Marcus has stated that he is a fan of the original crypto asset. The newly-appointed member of the Libra board of executives added that differences between the currency, originally detailed by Facebook in June, and Bitcoin mean that the two are not in competition. дальше »
2019-10-17 01:00 | |
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Libra Association will gain more Members, Says Facebook’s David Marcus
David Marcus, the Facebook Inc. representative spearheading the Libra cryptocurrency project is hopeful that despite the recent jolts to the Libra Association, the ambitious digital currency initiative will attract more firms as regulatory uncertainties get clearer. дальше »
2019-10-16 18:00 | |
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21 remaining firms become official Libra members after Visa, Stripe, PayPal, and others pull out
The head of Libra, Facebook’s controversial cryptocurrency initiative, has stated the project will continue to develop its planned “new global currency” despite having lost a quarter of its backers, including Stripe, Visa, PayPal, and Mastercard. дальше »
2019-10-16 17:35 | |
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US Companies Could Miss out on Facebook’s Bitcoin Imitation
More shade has been cast on Facebook’s digital currency project, Libra, with key members of its consortium dropping out. During a CNBC Squawk Box segment, everyone’s favorite mainstream Bitcoin advocate, Joe “Squawk” Kernan, took the opportunity to highlight the inferiority of the social media company’s efforts when compared with truly-decentralized cryptocurrency. дальше »
2019-10-16 07:37 | |
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Libra Association Ready to Address Regulatory Concerns, Claims Board Member
According to David Marcus, a board member at the Libra Association and head of the proposed Calibra digital wallet, the group is now ready to start addressing the long list of concerns global regulators have about the digital currency Facebook announced earlier this year. дальше »
2019-10-16 05:12 | |
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Threatened by Libra, US Central Bankers Reconsider a ‘FedCoin’
Facebook’s proposed digital currency, Libra, appears to have forced the US Federal Reserve to reconsider the idea of issuing its own purely digital means of payment. The issue is expected to be a hot topic at meetings of the International Monetary Fund and World Bank this week. дальше »
2019-10-16 03:18 | |
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Libra Cryptocurrency Backers Officially Sign Charter
Following the departure of some early backers from the Libra Association, a slew of organizations have indicated interest in becoming a part of the Libra crypto project. Apart from new companies showing interest in Facebook’s virtual currency project, the Libra Association made new appointments according to a report from TechCrunch. дальше »
2019-10-16 01:00 | |
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Bank of England Governor Carney Defends Facebook’s Libra Stablecoin
Bank of England governor Mark Carney defends Facebook’s choice to create a new currency
дальше »2019-10-16 21:35 | |
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US Senators Coercing Libra Partners is Un-American: Coinbase CEO
Facebook’s plan to launch Libra came under further pressure after its partners Visa, Mastercard, Paypal, and Stripe announced that they were leaving the digital currency project. And as it turned out, there was some political pushing involved. дальше »
2019-10-14 18:05 | |
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US Senate Threatening Libra Association Members to Quit or Face “High Level of Scrutiny”
Recently, Stripe, Mastercard, Visa, and eBay left Facebook’s cryptocurrency project Libra, taking this exodus tally to 5, when just a week back PayPal left the Libra Association too. In June, the social media giant unveiled its plan for Libra, announcing its intent to roll out the international digital currency next year. The company said the […] дальше »
2019-10-14 02:27 | |
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Facebook’s Libra project loses support from Visa, Mastercard, eBay, Stripe
“Challenging the government’s monopoly on the printing press requires you to not be at the government’s mercy. This is the reason Bitcoin was released by anonymous entities, and it is also one of the reasons that cryptocurrencies backed by goods [even fiat currency] are a bad idea from a regulatory perspective. дальше »
2019-10-12 09:01 | |
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Facebook’s Libra is a Better Option than PayPal but not a ‘Liberating’ Currency Like Bitcoin: Forbes
The CEO of OptDyn, Alex Karasulu, stated that Libra is not a liberating currency like other cryptocurrencies, but it’s still a much better version than Paypal. The blockchain currency, Libra, operates a bit different from other blockchain currencies. дальше »
2019-10-11 19:12 | |
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Majority of Libra Founding Partners Have Suspicious Facebook Connections
Facebook’s troubled cryptocurrency project Libra continues to find itself slipping further down in a seemingly bottomless pit of controversy. Less than a week after losing a key founding partner in PayPal, Libra’s credibility as a decentralized digital currency has now come under the scanner. дальше »
2019-10-9 17:15 | |
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Facebook’s Libra loses PayPal; Chinese whispers or regulatory chokehold?
Did PayPal hear the Chinese Whisper, and go amiss? Libra was a unique sell. Primed as a “digital currency,” backed by a slew of government assets, operated on its own network, held on its own wallet, backed by companies that impact the world on a daily basis, with the ribbon of “banking the unbanked,” right […] The post Facebook’s Libra loses PayPal; Chinese whispers or regulatory chokehold? appeared first on AMBCrypto. дальше »
2019-10-8 16:30 | |
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Ripple CEO Says No Libra Before 2023 While Continuing XRP Controversy
Facebook’s digital currency Libra will not become a reality until at least 2023, the CEO of one of its would-be competitors says. Garlinghouse: I’d Bet Libra Fails To Launch In 3 Years In an interview with Fortune’s Balancing the Ledger on October 7, Ripple chief Brad Garlinghouse became the latest voice to go public with doubts about Libra. дальше »
2019-10-8 15:00 | |
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German Finance Minister Speaks in Favor of Digital Euro
Coinspeaker German Finance Minister Speaks in Favor of Digital EuroGermany's Finance Minister is in favor of electronic currency for the Eurozone and maybe a euro-cryptocurrency but is against privately issued cryptocurrencies such as Facebook's Libra. дальше »
2019-10-7 12:24 | |
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Traders Can Now Bet On Libra Failure in New Crypto Futures Offering
The likelihood of a Facebook crypto currency actually launching next year is so questionable that a trading firm is now offering bets on whether the social media giant can meet its deadlines. Facebook Crypto Failure?... дальше »
2019-10-7 12:08 | |
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Facebook faces EU grilling over Libra ‘cryptocurrency’ after losing PayPal backing
As Facebook deals with the loss of PayPal‘s backing for its ‘cryptocurrency‘ Libra, the tech giant must now get ready to answer EU regulators’ questions about the potential risks posed by the project. дальше »
2019-10-7 12:07 | |
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Facebook could tap cryptocurrency exchanges to build their Libra dreams
The Libra ordeal is unlike any other. A social media giant, at the firm center of Silicon Valley, begins working on a digital currency in complete secrecy. Not only is an area in Menlo Park cordoned off for the project, but Facebook slowly begins picking off people from technology, finance and blockchain companies to build […] The post Facebook could tap cryptocurrency exchanges to build their Libra dreams appeared first on AMBCrypto. дальше »
2019-10-5 18:00 | |
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Facebook’s Libra, other stablecoins may disrupt financial stability, claims FSB’s Vice Chair
The commotion around Libra and other stablecoins has caught the attention of a lot of regulators from across the world. The idea of a virtual asset backed by a fiat currency to facilitate payments has taken flight among several mainstream financial institutions, including the likes of JPMorgan. дальше »
2019-10-5 23:30 | |
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Petition to Ban Facebook’s Libra “Crypto” Asset Reaches 55,000
European NGOs have launched a petition against Facebook’s recently-detailed crypto asset-like digital currency, Libra. The effort seeks to make EU policy makers aware of apparent public resistance to the plans. дальше »
2019-10-5 23:00 | |
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Apple CEO Tim Cook: We Are Not Making Our Own Digital Currency
Tim Cook, Apple CEO, has said he has no intention to create a digital currency like Facebook. In an interview with a French-based media outlet Les Echos on Friday, Tim Cook explained that Apple has no plans of coming up with its own digital currency or tokens. Asked about the possibility of an Apple digital […] дальше »
2019-10-4 20:36 | |
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Apple Will Not Create Its Own Digital Currency Like Facebook, Says CEO
Businesses shouldn’t meddle in money creation, says Apple CEO
дальше »2019-10-4 11:17 | |
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