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Libra in Danger After Mastercard, Visa, eBay, and Stripe Ditch Facebook Cryptocurrency Project

The development of Libra has taken a blow after four online giants bowed out of the Libra Association. Stripe and Visa are moving away from the project to focus on their own core operations, but they’ve kept the door open for a possible return if regulatory headwinds clear,  as reported by CNBC, October 11, 2019. дальше »

2019-10-14 13:13


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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Japan doesn’t want to fight Facebook’s ‘cryptocurrency’ Libra on its own

Facebook‘s controversial ‘cryptocurrency‘ Libra is facing yet more scrutiny after the governor of Japan’s central bank called for international cooperation to regulate it. According to Reuters, Haruhiko Kuroda, the Bank of Japan‘s governor, told business leaders in Osaka that a joint, international effort was crucial. дальше »

2019-9-24 14:27


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Twitter Doesn’t Intend to Enter Cryptocurrency Contest with Facebook and Telegram

Jack Dorsey, CEO of Twitter and Square, has confirmed that Twitter has no plans of rivaling Facebook and Telegram with a token offering of their own, as per Forbes, September 9, 2019. Square will focus on bettering their Bitcoin-based offerings as Dorsey believes that an open internet standard like Bitcoin is much more beneficial andRead MoreRead More. дальше »

2019-9-9 17:00


Facebook Ditched Bitcoin For Libra Over Its Inability to Scale: Bill Barhydt

Facebook (FB) actually preferred to use Bitcoin: Abra CEO, Bill Barhydt The plan was to create a scalable Bitcoin as anything transactional with BTC was effectively untenable Bitcoin consultant, Udi Wertheimer begs to differ Before going with its own stablecoin Libra, social media giant Facebook (FB) has been considering using Bitcoin, Bill Barhydt, CEO of […] дальше »

2019-9-8 17:56


The Evolution Of Financial Systems: Did Bitcoin Get Its Start In The 1970s?

Cryptocurrencies and decentralized systems are regarded as the future of financial systems, and as these digital assets grow in number and popularity, the possibility becomes stronger. Bitcoin, the leading cryptocurrency, has regained its dominance on the markets and social media giants such as Facebook and Telegram have plans to launch cryptocurrencies of their own. Fiat […] дальше »

2019-9-5 17:49


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Telegram October Crypto Launch Pits It Against Binance… And Regulators

Telegram has announced it will launch its own cryptocurrency as soon as October, sources have said, in a direct move against Facebook Libra. Sources: Gram Cryptocurrency To Appear By October 31 Speaking to the New York Times on August 27, three anonymous investors said that Telegram had confirmed the issuance of its Gram tokens would soon start. дальше »

2019-8-28 19:00


Africa could emerge as the battleground between Facebook and China as digital currency race heats up

Ever since Facebook announced its plans to launch its own cryptocurrency, the world’s regulatory and financial space hasn’t been the same. However, the news cycle about Libra was soon overtaken by lawmakers and regulatory bodies voicing their grave concerns about the same, while also highlighting Facebook’s own problematic history. дальше »

2019-8-21 20:30


Binance to launch a blockchain for fiat-backed stablecoins, but who even cares?

Cryptocurrency exchange Binance has been announced launch of a new blockchain and it’s called project “Venus. ” I’m not sure why it chose that name because Venus has no moons. Sad. In an announcement published this morning, Binance described Venus as an “initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe. дальше »

2019-8-19 15:16