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Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra
Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra appeared first on CCN Markets дальше »
2019-6-28 15:21 | |
”Stop Right Now!” – How Much Government Officials Already Hate Facebucks
The best thing about Facebook’s proposed digital currency isn’t its BTF consensus algorithm, account-based data model or single Merkle tree structure. No, the greatest thing about Libra has to be the triggered reactions from politicians and bankers who can sense the rug being pulled from under their feet, threatening their hegemony and upending their world […] The post ”Stop Right Now!” – How Much Government Officials Already Hate Facebucks appeared first on Bitcoin News. дальше »
2019-6-27 06:55 | |
Facebook Pushes on with Cryptocurrency Recruitment Despite Libra Project Criticism
Facebook is advertising job offers for a cryptocurrency wallet data engineer and regulatory policy expert as it moves forward with its plans for the Libra project. Meanwhile, stakeholders across the cryptocurrency and mainstream finance industries, as well as government officials, continue to express concerns about the company’s foray into the world of cryptocurrency payments. дальше »
2019-6-25 15:00 | |
US House of Representatives to Hold Hearing on Facebook’s Libra in July
Facebook will testify before two government committees on its proposed virtual currency Libra on July 16 and 17
дальше »2019-6-25 00:10 | |
‘Nuke it From Space!’: National Review Pundit Slams FB's Cryptocurrency
Facebook’s cryptocurrency project has long been one of Silicon Valley’s worst-kept secrets. Even so, Libra’s formal announcement elicited a number of incendiary reactions from chattering heads across the political spectrum. дальше »
2019-6-25 19:39 | |
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 | |
Facebook Yet To Speak With RBI About Its Libra Project
With the Royal Bank of India (RBI) looking to find out whether or not Libra will operate on a "closed system," reports indicate Facebook is yet to meet with RBI officials or anyone within the Indian government. дальше »
2019-6-21 00:25 | |
Russia Will Not Legalize Facebook’s Cryptocurrency, Official Says
Russian politician Anatoly Aksakov said that the government has no plans to legalize Facebook’s long-awaited Libra stablecoin
дальше »2019-6-19 21:39 | |
Chinese Tech Moguls Cite Regulation as Chief Crypto Concern
By CCN Markets: The China Ledger quoted Pony Ma (Ma Huateng) as saying that blockchain technology is mature, but regulation needs to allow for it. Binance CEO Changepeng Zhao took the opportunity to expand on the idea including the government’s role in crypto. дальше »
2019-6-19 20:35 | |
Facebook’s Libra ‘sounds an awful lot like Proof-of-Stake’ and will ‘run into Ethereum’s problems,’ claims Jameson Lopp
Facebook’s “The Libra Blockchain” whitepaper has created quite a frenzy, not only in the cryptocurrency ecosystem, but also with U. S. government officials. Some people claim that Libra is not a blockchain, while others claim that it is going to kill Ripple, XRP and other similar blockchains. дальше »
2019-6-19 12:30 | |
Global Policy Makers Are Up in Arms About Facebook’s Libra Coin
By CCN Markets: Facebook is already under fire from regulators less than a day after officially revealing its cryptocurrency whitepaper. Based on three separate talks, it’s clear top government and bank officials from around the world are preparing to regulate Facebook Libra. дальше »
2019-6-19 03:30 | |
Facebook's Libra face criticism from crypto enthusiasts and national authorities
Barely Facebook managed to officially announce the launch of its Libra in 2020, as the company was hit by a barrage of criticism from both crypto-enthusiasts and government officials from different countries. дальше »
2019-6-20 01:27 | |
Facebook is developing a fiat-backed stablecoin payment system
While details have remained scarce, Facebook’s plans to create its own cryptocurrency have not exactly been secret. But with its latest announcement, Facebook looks to be developing its own stablecoin-backed payment system, The Wall Street Journal reports. дальше »
2019-5-3 11:00 | |
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