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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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China is following Facebook’s playbook to issue a centralized digital currency
China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports. дальше »
2019-9-6 15:44 | |
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China’s Cryptocurrency 'Protects' Legal Currency Yuan: Central Bank Official
China's incipient digital currency will apparently "bear similarities" to Facebook's own proposed cryptocurrency and is intended to protect China's 'monetary sovereignty', according to a superior within China's central bank. дальше »
2019-9-6 13:40 | |
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China’s Cryptocurrency ‘Protects’ Legal Currency Yuan: Central Bank Official
China’s incipient digital currency will apparently “bear similarities” to Facebook’s own proposed cryptocurrency and is intended to protect China’s ‘monetary sovereignty’, according to a superior within China’s central bank. дальше »
2019-9-8 13:40 | |
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European Central Bank bigwig outlines why Facebook’s Libra isn’t real cryptocurrency
A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren call. ” Yves Mersch, Luxemborgian lawyer and ECB executive board member, even told attendees of the European System of Central Banks’ legal conference the Libra ecosystem will be “cartel-like. дальше »
2019-9-2 15:36 | |
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People’s Bank of China could use CBDC to replace paper money
China’s aggressive push towards cryptocurrency has forced global economies to ensure a common-ground for crypto-innovations within their jurisdictions. Taking a closer into the Chinese government’s crypto initiative, Binance Research released a report that details on the People’s Bank of China’s (PBoC) proposed digital legal tender. дальше »
2019-8-29 20:30 | |
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US Government ‘Can’t Kill’ Bitcoin Because Source Code is Speech
Based on the legal precedence surrounding cryptographic communication, it is highly unlikely that the U. S. government can ban bitcoin. ‘Uncle Sam’ Can’t Shut Down Bitcoin With the storm of attention being paid to Facebook’s Libra project, there has been some talk of whether such attention could spill over to BTC in the form of a government-sanctioned bitcoin ban. дальше »
2019-7-17 18:30 | |
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Winkevoss twins consider joining Facebook’s ‘cryptocurrency’ despite beef with Zuckerberg
The Winklevoss brothers, co-founders of cryptocurrency exchange Gemini and renown for their well-documented legal battle with Facebook, are seemingly willing to ‘get into bed’ with the tech giant in an attempt to spread the adoption of digital currencies. дальше »
2019-7-11 19:28 | |
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Эксперт рассказала, как регуляторы реагируют на Libra
Регулятор каждой страны по-разному смотрит на криптовалютный проект Facebook. Об этом в интервью LetKnow.News рассказала управляющий партнер адвокатской компании GRAD Legal & Financial Advisory Мария Аграновская. дальше »
2019-7-8 09:40 | |
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Putin approved Libra. US Congress – not yet
While US Congress is preparing to listen to the arguments of Mark Zuckerberg in favor of launching his stablecoin Libra, Moscow is already giving Facebook cryptocurrensy the green light. Will Special Prosecutor Muller investigate again? Russian Deputy Finance Minister Alexei Moiseev said that Libra would be completely legal in the country. There are no obstacles […] дальше »
2019-7-4 23:27 | |
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Facebook Gets Legal Notice by Israeli Insurance Firm For Infringing on its Libra Trademarked Brand Name
The Insurance firm has already sent a notice to Facebook against using its brand name via its legal representative Liad Whatstein and Co. The legal firm specializes in trademarking and patent laws. In the notice, they have threatened to take Facebook to the court if they won’t stop using their trademarked name of Libra. Libra […] дальше »
2019-7-3 20:44 | |
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Zuckerberg isn’t ready for deepfakes
Faced with a potential crisis, the magnitude of which the world has never seen, Facebook CEO Mark Zuckerberg wants us all to slow down. Crises, however, wait for no one. And Facebook’s latest problem, that of altered or faked video, brings with it the democracy destroying power of an atom bomb. дальше »
2019-6-28 03:55 | |
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Retaliation by Central Banks will ‘complicate legal matters’ for Facebook, says Circle Research on Libra
Facebook’s cryptocurrency initiative being subjected to criticism from lawmakers, despite being backed by industry giants, depicts the prevailing lack of trust between the social media giant and the government, owing to its “disregard for user privacy” as US Senator Maxine Waters put it. дальше »
2019-6-22 17:30 | |
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Facebook finally faces GDPR lawsuit after getting shot down in Austrian court
A GDPR case against Facebook, launched by Austrian privacy activist Max Schrems, has been deemed legal under EU law after the Austrian Supreme Court’s ruling, ComputerWeekly reports. Why is this a big deal? Because Facebook has been trying to block this case for five years, and winning a ruling against one of the richest companies in the world is huge news. дальше »
2019-6-12 18:06 | |
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Facebook Sued By Dutch Media Tycoon Over Scam Bitcoin Ads
Facebook is being sued by Dutch media tycoon, John de Mol, for posting fraudulent Bitcoin ads that listed him as an investor. Billionaire Claims Facebook Turns a Blind Eye to Scams On Wednesday, Reuters reported that John de Mol, the billionaire businessman behind the popular reality TV show ‘ Big Brother’ was suing Facebook for publishing false advertisements which used his name to carry out Bitcoin-related investment fraud. дальше »
2019-6-6 00:00 | |
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Kik Fortifies War Chest to Battle SEC Lawsuit Over $100 Million ICO
By CCN: Canadian mobile-messaging company Kik is preparing to fight the SEC tooth-and-nail when the agency sues the firm over its $100 million ICO. Many companies settle to avoid a protracted and expensive legal war. дальше »
2019-5-31 17:36 | |
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Facebook Prepares To Launch 'GlobalCoin' In 2020
Set to introduce GlobalCoin to a dozen countries initially, Facebook has been knee deep in regulatory talks with the US Treasury, the governor of the Bank of England, and Gemini, the crypto exchange founded by Mark Zuckerberg's legal pals, Cameron and Tyler Winklevoss. дальше »
2019-5-25 18:17 | |
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White House launches social media survey to collect Conservative tears
The Trump administration on Wednesday launched launched a new tool where pissed off Conservatives can whine about social media bias. So long as they’re legal citizens, anyway. For Conservatives like Trump, a man who rose to prominence on the backs of the social networks he’s now convinced are out to get him, the argument isn’t a new one. дальше »
2019-5-16 04:56 | |
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Here’s what Facebook announced at its F8 developer keynote
As Facebook continues to weather a string of legal battles and harsh criticism for its never-ending privacy disasters and a generally lackadaisical attitude towards consumer data, the social networking site kicked off its annual F8 annual developer conference at San Jose yesterday. дальше »
2019-5-1 17:28 | |
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Facebook Scandals Could Hit Hardest Yet with First Profits Fall Since 2015
By CCN. com: Facebook’s annus horribilis looks like it will continue unabated, with the social media giant likely to experience its first quarterly drop in earnings since 2015. Despite recording a $3bn turnover increase, analysts expect the company to report a profit reduction from $5 billion in Q1 2018 to $4. дальше »
2019-4-23 11:35 | |
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Facebook Prepares For Blockchain Adoption, Posts Job For Legal Blockchain Counsel
Facebook is making strides in the blockchain industry with new hires as they prepare to launch their US dollar-backed… The post Facebook Prepares For Blockchain Adoption, Posts Job For Legal Blockchain Counsel appeared first on Invest In Blockchain. дальше »
2019-3-22 01:42 | |
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Facebook's Facepalm Of A Week
Between an outage, the departures of top execs, and legal rumbings, you may have forgotten Facebook's move to encryption. If the tech company indeed has a coin in the works, this week's bad news will make it harder to sell. дальше »
2019-3-15 20:25 | |
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Can I Trust BitFury’s Peach Lightning With My Data? Maybe
Announced at the end of January, Bitfury’s production-ready suite of Lightning Network products and services, Peach, appears to offer everything a developer, user or merchant could want from a Lightning implementation. дальше »
2019-2-9 23:59 | |
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Can I Trust Bitfury’s Peach Lightning With My Data? Maybe
Announced at the end of January, Bitfury’s production-ready suite of Lightning Network products and services, Peach, appears to offer everything a developer, user or merchant could want from a Lightning implementation. дальше »
2019-2-12 23:59 | |
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Why Germany wants to block Facebook’s Messenger-Instagram-WhatsApp merger
Facebook made a splash recently when CEO Mark Zuckerberg’s plans to integrate its messaging platforms on Instagram, Messenger, and WhatsApp were revealed last month. In the two weeks following the reveal, so much has happened – culminating in a legal opposition to the move from Germany – that it made sense to summarize the play of events so far. дальше »
2019-2-8 12:27 | |
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ВЭБ и Huobi Russia запустили правовую лабораторию в помощь цифровым проектам
Российское подразделение криптовалютной биржи Huobi совместно с дочерней компанией Внешэкономбанка (ВЭБа) — Центром цифровых трансформаций — запустили лабораторию правовой практики Huobi Legal Lab. дальше »
2018-12-29 14:03 | |
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John McAfee Speaks on the legal battle between the Winklevoss Twins and 28 year old Bitcoin Millionaire Charlie Shrem
Software developer turned cryptocurrency enthusiast, John McAfee has broken his silence over the ongoing legal battle between the Winklevoss Twins who made billions in Bitcoin from their settlement with Facebook’s CEO Mark Zuckerberg, and Charlie Shrem, one of Bitcoin’s first millionaires now fondly called “first Bitcoin felon”. дальше »
2018-11-4 11:36 | |
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Blockvest ICO Being Sued By SEC
Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities. дальше »
2018-10-15 18:00 | |
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[promoted] FlipNpik’s Social Media Model: Boosting Incentives for Local Promotions
Launched in 2009, the social networking app Foursquare was hailed as providing a cutting-edge approach for users to share their location with friends. Called a “check-in,” people would reveal their location through their mobile device by selecting the venue they were frequenting at that time. дальше »
2018-8-15 17:34 | |
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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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Associations Challenging Crypto Ads Ban to Proceed with Lawsuit
Facebook’s recent decision to partially lift the ban on crypto ads will not stop a planned legal action against the measure. Crypto associations and businesses from several countries announced earlier this year their intentions to sue internet giants imposing such restrictions. дальше »
2018-6-28 08:10 | |
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Major Social Media network makes things simple, and allows Bitcoin information
Facebook is easing its ban – sort of – on ads related to cryptocurrency. Facebook, however, won’t allow advertisements for initial coin offerings or binary options. For example, Facebook asks whether companies have the relevant licenses in order to operate, or if they are a publicly-listed company. Facebook has also published a legal addendum outlining its дальше »
2018-6-27 00:34 | |
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Till Death Do Us Fork: Planning for Cryptoasset Inheritance
For many, the experience of adding crypto coins to their financial portfolios has proven to be the thrill of a lifetime. As a new type of holding with a unique set of tools and rules, cryptocurrency is wealth with its own wow factor. дальше »
2018-6-15 18:54 | |
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