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Bitcoin and Libra Competitors on the Horizon in the Race for a Global Cryptocurrency
Despite Libra’s various obstacles, there is still room for regulatory approval of a global digital currency. Investment fund a16z expects more companies like Libra to emerge, and some of them... The post Bitcoin and Libra Competitors on the Horizon in the Race for a Global Cryptocurrency appeared first on Crypto Briefing. дальше »
2020-6-3 14:02 | |
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Libra’s global ambition could trigger antitrust risks: French Finance Minister
If you had to choose who controlled your money, would you pick the government or a private company? While it is unlikely you would pick either, this is the choice nations have to make as Facebook’s Libra cryptocurrency project pushes toward its goal of a global economic takeover. дальше »
2019-10-18 18:00 | |
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Marcus Defends Libra Cryptocurrency in Latest Bid to Woo Central Banks
Facebook executive David Marcus defended the Libra cryptocurrency ahead of his meeting with the representatives of global bankers in Basel on Monday. The co-creator said Libra is not going to challenge or undermine the sovereignty enjoyed by nations, adding that the cryptocurrency merely wants to become a “better payment network” and deliver meaningful financial services. дальше »
2019-9-16 18:00 | |
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Libra Execs To Face Global Financial Regulators Today To Be Questioned About Facebook’s Crypto Risk
Global financial regulators and central banks are calling in officials from Facebook’s Libra cryptocurrency to explain the potential financial risks the stablecoin poses in the global fintech industry. дальше »
2019-9-16 16:07 | |
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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. дальше »
2019-9-16 12:20 | |
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Facebook’s Libra to meet with global regulators on Monday
Facebook’s popularity among masses drove it to venture into crypto ecosystem, releasing the whitepaper of Libra. But the project has faced my bumps since its very announcement. Before the project could even take off, it faced backlash from policymakers from across the globe citing privacy concerns looming over Facebook. дальше »
2019-9-15 10:31 | |
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German Gov’t Approves ‘Bundes-Chain’ to Combat Libra Cryptocurrency
The German government will approve its proposed blockchain strategy this September which reportedly blocks projects like Facebook’s Libra cryptocurrency. Germany Readies Anti-Libra Response According to Spiegel, Germany’s federal cabinet will approve its blockchain strategy announced back in June 2019. дальше »
2019-9-14 16:12 | |
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Libra Association Head: Facebook’s Crypto Stablecoin Still On Track To Be Launched By End Of 2020
The head of Libra Association, the non-profit organization behind Libra stablecoin project, has revealed that the token will be launched by the end of 2020. We believe that the global, open, instant, and low-cost movement of money will create immense economic opportunity and more commerce across the world: https://t. дальше »
2019-9-14 22:08 | |
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China’s Digital Currency and Libra to Bring Significant Benefits for Financial Inclusion and Blockchain Tech
Coinspeaker China’s Digital Currency and Libra to Bring Significant Benefits for Financial Inclusion and Blockchain TechBoth Facebook and the People’s Bank of China, have announced their digital currencies and are looking to release them to the public as soon possible. дальше »
2019-9-12 16:22 | |
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Facebook’s Libra to follow ‘same risks, same rules’ principle in Switzerland as it aims to become a major financial center
As more and more astronomical objects make their way in the crypto-sphere, Facebook’s Libra is still waiting out to check all the boxes before it hits the market as a ‘global currency’. дальше »
2019-9-12 13:00 | |
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Facebook Now Seeking Swiss Payment System License for Crypto Project Libra
Facebook’s cryptocurrency project Libra is now seeking a Swiss payment license, said financial watchdog FINMA on Wednesday. Social media giant Facebook (FB) first announced its plan to launch a cryptocurrency in June, as an attempt to move into global payments that has drawn intense scrutiny from global financial authorities. The stablecoin Libra, which is planned […] дальше »
2019-9-11 17:55 | |
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Facebook: Libra Cryptocurrency Faces Strict Regulatory Standards from U.S. Treasury
United States Treasury Under Secretary of Terrorism and Financial Intelligence, Sigal Mandelker, has declared that Facebook’s proposed Libra global cryptocurrency project will not be launched unless Libra complies with tough anti-money laundering (AML) and anti-terrorist financing standards, reports Reuters on September 10, 2019. дальше »
2019-9-11 16:16 | |
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Facebook Seeks Payments License For Libra as Code Vulnerabilities Surface
Despite escalating regulatory concerns from the governments of the world, Facebook appears to be pressing on with its global bank ambitions. This week the social media giant made moves to seek a payments license for Libra from Switzerland while the US Treasury warned that it would face tough standards. дальше »
2019-9-11 11:31 | |
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Facebook’s Libra might fill Bitcoin’s void as a payment network, suggests Arba’s CEO
Social media giant, Facebook’s dramatic entry into the crypto-sector diverted the attention of the world towards the ecosystem. Even as Facebook struggled to receive support from lawmakers, several people from the crypto industry expressed their support toward Libra. дальше »
2019-9-1 10:03 | |
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One Could Win $1 Million By Finding 100 ‘Critical’ Bugs in Libra
Facebook is offering thousands of dollars as a reward for those testers who find bugs in its upcoming Libra cryptocurrency. Libra Invites Your Security and Privacy Review of its Architecture and Design Facebook envisages empowering billions of people all over the world through its single global ‘cryptocurrency’, Libra. дальше »
2019-8-29 01:00 | |
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Switzerland Central Bank Discusses Libra Cryptocurrency with Regulators
Switzerland National Bank’s (SNB) Vice Chairman, Fritz Zurbruegg has revealed that the apex bank is currently holding serious talks with relevant authorities across the globe concerning Facebook’s global cryptocurrency project, Libra, according to a Reuters report on August 27, 2019. дальше »
2019-8-28 19:00 | |
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Facebook Hires Lobbying Firm to Ease Regulatory Pressure on Libra
Facebook is working with a Washington-based lobbying firm to wrestle with the regulatory pushback sparked by its planned in-app global cryptocurrency
дальше »2019-8-27 11:08 | |
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Global Central Bank Digital Currency as a Catalyst for the Demise of the U.S. Dollar
Earlier this week, Mark Carney, the governor of the Bank of England, brought up the idea of a central bank operated digital currency akin to Libra to bring an end to the dominance of the U. S. dollar as the global standard for trade and international hedges. дальше »
2019-8-27 17:00 | |
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BoE Governor Mark Carney Proposes Global Cryptocurrency
Governor of the Bank of England Mark Carney put forward the idea of replacing the U. S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra. Carney Proposes The Synthetic Hegemonic Currency On August 23, 2019, while addressing the Federal Reserve Symposium in Jackson Hole, Wyoming, Carney described how Brexit uncertainties, persistent world trade tensions, and overall weaker business activity are deteriorating the global economy. дальше »
2019-8-25 21:34 | |
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CipherTrace report highlights new regulations, Libra, and exchange hacks
A new report by CipherTrace provides insight into the state of the global crypto asset markets. The ‘Q2 2019 Cryptocurrency Anti-Money Laundering Report’ says a growing global regulatory response and the entry of Facebook’s Libra were significant events last quarter. дальше »
2019-8-24 22:00 | |
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Libra getting examined in antitrust probe by EU’s executive body
Facebook’s bold “new global currency,” Libra, was hit by an antitrust probe from regulators in the European Union because it could unfairly dominate the market, according to a document seen exclusively by Bloomberg. дальше »
2019-8-23 08:54 | |
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Facebook’s WhatsApp to Launch Payment Service in Indonesia
Facebook the highly controversial social media giant developing the Libra global stablecoin, is in talks with Indonesian digital payment platforms and fintech firms to enable it to launch a WhatsApp-based mobile payments service in the region, reports Reuters on August 20, 2019. дальше »
2019-8-21 20:00 | |
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Binance Venus, a stablecoin that will compete with Facebook’s Libra
Binance announced that it is planning to launch an open blockchain project focused on developing localized stablecoins around the world, competing with Facebook’s Libra. Reshaping the world’s financial system Over the last few years, Binance has actively communicated the need for a “global, multi-dimensional customer network and compliance system” to different regulatory authorities around the […] The post Binance Venus, a stablecoin that will compete with Facebook’s Libra appeared first on CryptoSlate. дальше »
2019-8-20 19:49 | |
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Bitcoin evangelist claims Facebook’s Libra is unlikely to withstand global trade and currency wars
In an interview with Cryptonites, prominent Bitcoin advocate Andreas Antonopoulos spoke about his stance on Bitcoin being a safe haven asset during a financial crisis. With the value of fiat currencies like the British pound and Chinese yuan falling, many speculate that the world is in for yet another financial crunch. дальше »
2019-8-13 21:30 | |
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Around The Block With Jeff And Dave – August 12, 2019
China introduces its own cryptocurrency right after posting positive guidance for Bitcoin, will it be more successful than Facebook Libra? India Bans Bitcoin (again). When can India learn from China’s earlier mistakes? Texas State Security Board issues guidance for bitcoin. дальше »
2019-8-12 18:33 | |
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Global System to Combat Crypto-Driven Money Laundering in Development
Regulators across the globe and in the United States are taking a tougher stance on Bitcoin and other cryptocurrencies ever since the news broke that Facebook would be launching a crypto asset of their own, sparking widespread outrage and concern. дальше »
2019-8-10 04:00 | |
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Digital Currency Regulation Around the World
A conversation with Michelle Bond, Ripple’s Global Head of Government Relations The entrance of Facebook’s Libra whitepaper has caught the world’s attention. While many look to the U.S. to help define a framework for digital assets and blockchain regulation, the question remains: Will policymakers strike the right balance between fostering innovation and protecting consumers? What … Continued The post Digital Currency Regulation Around the World appeared first on Ripple. дальше »
2019-8-9 23:00 | |
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Walmart Goes the Same Way Facebook did with Libra but may get a different result. Here’s why
Recently, Facebook one of the biggest guns in technology decided to create its cryptocurrency: Libra. The US Government was up in arms about it. Mark Zuckerberg and his team of geniuses at Facebook Headquarters had one simple goal in mind when they dreamt of the Libra project: Global Control. дальше »
2019-8-8 19:57 | |
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Facebook’s Libra Continues To Receive Worrisome Outlooks From Global Finance Regulators
Libra, the cryptocurrency project headed by Facebook and the Libra Association, is getting heat from several privacy and data protection regulators around the world. According to recent reports made by The Block Crypto, regulators from countries such as the United States, Canada, United Kingdom, Australia and the European Union are all concerned about Libra and […] дальше »
2019-8-7 22:35 | |
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US Lawmakers Might Be A-OK With Walmart's Crypto Plans
Following reports that Walmart may be interested in developing a cryptocurrency, Jaret Seiberg, senior policy analyst at investment banking corporation Cowen, stated that the company's domestic plans for its own crypto might appeal to US lawmakers more than Facebook's global plan for Libra. дальше »
2019-8-7 19:32 | |
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Facebook Crypto Plans Floundering as Global Regulatory Pressure Mounts
Following a couple of weeks of outright lambasting by US lawmakers, Facebook’s Libra crypto project appears to be cracking at the seams before it even gets off the ground. A fresh round of regulatory pressure has piled on this week from concerned countries around the world. дальше »
2019-8-6 16:00 | |
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Facebook Could ‘Pull The Plug’ On Libra, New Statement Reveals
Since Facebook’s announcement of its plan to launch a global currency in the form of a cryptocurrency called Libra, financial regulators across the world have spat fire and brimstone at the social media company. дальше »
2019-7-30 16:12 | |
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Cardano Creator: Crypto Assets is Heading a Global Awakening
In a recent interview, IOHK CEO, Charles Hoskinson talked about crypto assets ushering in a new age of financial equality. He referred to Libra as the “Sputnik moment,” that is, the realization, by the US, that the world is changing. дальше »
2019-7-27 20:26 | |
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The best way to make money out of Libra? Put a bet on it not launching on time
Facebook’s digital currency Libra is looking less and less likely to launch next year as originally planned. Policy expert, Angela Walch from University College London’s Centre for Blockchain Technologies told Quartz: “The odds that Libra receives regulatory approval anytime soon (ie, in the next six-12 months) are quite low. дальше »
2019-7-25 15:44 | |
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Cardano set to begin its transition from a federated to a decentralized system
Cardano has been in the news for quite some time now, in light of its development on the Cardano network and the Shelley network. IOHK’s Charles Hoskinson recently featured in an interview and shared his views on the evolution of global financial systems since the emergence of cryptocurrencies, while also talking about Facebook’s Libra and […] The post Cardano set to begin its transition from a federated to a decentralized system appeared first on AMBCrypto. дальше »
2019-7-25 03:30 | |
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Bitcoin Vs. Libra: Is “trust” the secret to global domination?
Bitcoin’s financial prowess can no longer be ignored and traditional leaders have to choose sides between the disruptor and the status quo. Capital venture investor, Tim Draper leads this drive in making the shift into the unknown, while showing constant support toward crypto’s mass adoption. дальше »
2019-7-21 19:00 | |
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Libra Is An “Innovative Concept” And Should Not Be Suppressed: Germany’s Central Bank Head
Jens Weidmann, the President of Germany’s Central Bank Bundesbank, stated that global regulators should not suppress Facebook’s Libra project in its early stages. The statement appeared in an email newsletter shared by Mati Greenspan, a senior marketing analyst at eToro. дальше »
2019-7-20 20:40 | |
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“This Is The Revolution: We Just Have To Sell It” – Congressman Schweikert On Blockchain
Facebook took a hammering this week, with the proposed Libra currency taking fire from blockchain skeptics and decentralization advocates alike. But there is one silver lining to come from this weeks’ hearings: the prospect of a global, corporate digital cryptocurrency appears to have spurred Congress into action. дальше »
2019-7-18 19:31 | |
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Jamie Dimon Isn’t Worried About Competition From Libra
The CEO of America’s biggest bank, J. P. Morgan Chase, doesn’t believe it is worth losing sleep over Libra for the time being. Dimon is of the view that in the short term, Libra will have little to no effect on banks and global payments in general. дальше »
2019-7-18 17:00 | |
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‘Libra vs Alipay, WeChat’ Trending High on Chinese Search Engine
Since Facebook announced its new cryptocurrency “Libra,” it has faced resistance from global regulators and financial sectors. The People’s Bank of China, which in 2017 banned the use and trading of cryptocurrencies, has also expressed skepticism, believing that the US-controlled digital currency would circumvent its financial sovereignty. дальше »
2019-7-18 15:00 | |
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‘Shitcoin’ Searches Spike After Senator’s Speech, Altcoins Recover
Yesterday’s US Congress hearing was largely about lambasting Libra and Facebook’s financial global domination ambitions. A few other snippets emerged from the meeting, however, and not all are bad for bitcoin and the crypto industry. дальше »
2019-7-18 12:00 | |
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Том Ли в целом позитивно оценил твит Трампа о биткоине
Специалист Fundtrat Global Advisors Том Ли прокомментировал твит Дональда Трампа о криптовалюте и запуске монеты Libra. По его словам, подобные высказывания должны сыграть на руку всему сообществу, так как в комьюнити биткоина и других цифровых активов нарастает недоверие к властям США. дальше »
2019-7-15 18:28 | |
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Facebook’s Libra Triggers US & UK Alarm Bells; Will Bitcoin Take a Beating?
On CNBC’s Squawk Box, Philip Hammond, the Chancellor of the Exchequer and a senior official within the government of the U. K. , said that Libra, a crypto asset developed by a consortium of companies including Facebook, poses a risk to the global financial system. дальше »
2019-7-15 17:33 | |
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