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Facebook Head Marcus Vows for Libra’s Progress; Still On Track For 100 Members At Launch

Organizations including, Stripe, Visa, Mastercard, and eBay left the Libra Foundation as of late. Facebook Libra has decided to make progress with just twenty-one individuals. In an interview with Bloomberg, Facebook’s David Marcus told them he doesn't blame organizations that hauled out of the venture, instead that he's positive that more organizations will sign on. […] дальше »

2019-10-16 19:01


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Facebook’s Libra ‘cryptocurrency’ is turning into a soap opera — and it’s gonna be a long season

Facebook’s controversial ‘cryptocurrency’ project is turning into a bit of a soap opera, starring the tech giant and regulators as the main characters. Just yesterday, Germany’s finance minister Olaf Scholz said the departure of several high-profile partners from the project was a good sign, but unsurprisingly the Libra Association had a different take altogether. дальше »

2019-10-16 12:48


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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. дальше »

2019-10-15 12:33


Regulatory Heat of Facebook’s Crypto Coin Hasn’t Broken The Spirits Of Libra Association Members

When organizations were joining Libra, they knew that the project is not going to be easy, especially considering the regulatory loopholes that the organization was going to have to overcome. Things got a bit dire recently and there were a few three of the firms expressed concerns over being seen to be linked to the […] дальше »

2019-8-28 20:40


How 10 Countries Respond to Facebook’s Libra Cryptocurrency

A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U. K. , and the U. S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements. дальше »

2019-7-11 08:30


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Doubt Surrounds US Regulators' Ability To Address Libra Issues

In a letter written to the heads of five congressional committees, organizations including the Service Employees International Union and the Consumer Federation of America expressed their fears that regulators are not prepared to address the issues Facebook's Libra project presents and that the social networking giant needs to present a fuller picture of its plans. дальше »

2019-7-3 00:07