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EU Regulators Target Libra. Is Facebook's Crypto Project Worth the Effort?
By CCN Markets: Weeks after various jurisdictions around the world expressed concerns over Facebook’s Libra project, it is now the turn of EU authorities to push back against the social media giant’s plans. дальше »
2019-8-23 01:30 | |
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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 | |
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Facebook’s WhatsApp Plans to Launch Mobile Payments in Indonesia
Coinspeaker Facebook’s WhatsApp Plans to Launch Mobile Payments in IndonesiaFacebook Inc further extends its reach towards establishing its dominance in the Asian market. Having that it’s instant-messaging app – WhatsApp partners with multiple Indonesian digital payment firms to offer their mobile transaction services. дальше »
2019-8-21 15:55 | |
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WhatsApp Works To Bring Payments Service To Indonesia
Facebook's WhatsApp is reportedly in talks with multiple Indonesian digital payment firms as the messaging app plans to bring its mobile payments service to the country.
дальше »2019-8-21 23:31 | |
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Bitcoin Becoming Reserve Asset for Altcoins: Ark Investment
A recent run-up in the bitcoin price has been credited to a string of events: the US-China trade war, determined monetary easing by central banks, price manipulation via Tether’s stablecoin USDT, Facebook’s plans to launch its cryptocurrency, as well as a weakening Renminbi. дальше »
2019-8-20 17:00 | |
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Facebook’s Libra to Dominate Discussions during U.S. Lawmakers’ Visit to Switzerland
Coinspeaker Facebook’s Libra to Dominate Discussions during U. S. Lawmakers’ Visit to SwitzerlandThe U. S. House Financial Services Committee delegation plans to visit Switzerland to exchange views about Facebook’s Libra with the Swiss FDPIC Adrian Lobsiger. дальше »
2019-8-20 17:38 | |
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Binance Launching ‘Venus’ as a Direct Competitor to Facebook’s Libra
Coinspeaker Binance Launching ‘Venus’ as a Direct Competitor to Facebook’s LibraThe Venus project announced by Binance earlier on Monday plans to create stablecoins and other virtual assets backed by fiat currencies around the world. дальше »
2019-8-19 15:55 | |
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This Haven Asset is Beating Bitcoin amid Recession Fears
This year’s run-up in the bitcoin price has been attributed to numerous factors: the US-China trade war, bold monetary easing by central banks, a weakening Chinese Renminbi, Facebook’s plans to launch its cryptocurrency, as well as market manipulation via Tether’s USDT stablecoins. дальше »
2019-8-16 17:00 | |
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Privacy Shocker: Did Facebook's Libra Plans Just Go Up in Smoke?
By CCN Markets: As if Facebook didn't have enough privacy issues, the company now confirms that it has been transcribing the audio chats of its users for quite some time. Facebook Claims It Wasn't Being Sneaky Facebook claims that the only conversations that were transcribed were from those users who selected that option in the […] The post Privacy Shocker: Did Facebook's Libra Plans Just Go Up in Smoke? appeared first on CCN Markets дальше »
2019-8-14 03:20 | |
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FBI proposal outlines plans for large scale collection of social media data
The Federal Bureau of Investigation (FBI) is planning to step up its efforts to monitor social media platforms more aggressively in order to detect potential threats. The move, according to the Wall Street Journal, clashes with Facebook’s privacy policies and “possibly its attempts to comply with a record $5 billion settlement with the U. дальше »
2019-8-13 10:03 | |
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FBI proposal outlines plans for large-scale collection of social media data
The Federal Bureau of Investigation (FBI) is planning to step up its efforts to monitor social media platforms more aggressively in order to detect potential threats. The move, according to the Wall Street Journal, clashes with Facebook’s privacy policies and “possibly its attempts to comply with a record $5 billion settlement with the U. дальше »
2019-8-13 10:03 | |
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Binance CEO CZ says Facebook’s Libra will receive widespread adoption despite the negative attention
Binance CEO, Changpeng Zhao recently spoke about the firm’s plans to expand its operations in Europe, citing imminent plans to open a London-based office. He also gave his insight into Facebook’s Libra and whether Binance will be part of the consortium of companies backing Libra. дальше »
2019-8-8 20:54 | |
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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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Instagram and WhatsApp get a ‘from Facebook’ stamp to remind you who’s boss
To be honest, I’m kind of impressed Facebook held out this long. After buying WhatsApp and Instagram several years ago, Facebook has decided it’s time to let everyone know who’s in charge. A report from The Information details Facebook plans to change the names of the apps to ‘Instagram from Facebook‘ and ‘WhatsApp from Facebook. дальше »
2019-8-5 02:35 | |
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Walmart might launch its own stablecoin after Facebook’s Libra comes under fire
Walmart, one of the world’s leading retail giants, may have plans to launch its own fiat-backed stablecoin. This development emerges after the social media giant, Facebook, warned that its cryptocurrency project, Libra, may be put on hold. дальше »
2019-8-2 10:33 | |
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US Congressional Hearings: Lawmakers Acknowledge A Bitcoin Ban Is Impossible, Even If They Tried
Bitcoin has seen an impressive bull run this year, rising by more than 200% from 2018 lows. However, since Facebook unveiled plans to develop its own digital currency, Libra and regulators poured cold water on these plans, bitcoin has been bearing the brunt of increased scrutiny by lawmakers. дальше »
2019-7-31 18:16 | |
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Regulatory Pressure Could Prevent Facebook’s Libra from Launching
The intense scrutiny from regulatory agencies, governments, and central banks globally regarding Facebook’s Libra, could just be the end of the company’s stablecoin project. According to a report by CNBC, Facebook revealed in a recent filing with the U. дальше »
2019-7-31 13:29 | |
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Facebook is getting closer to letting you type with just your thoughts
During its developer conference in 2017, Facebook announced its plans to develop a brain-computer interface (BCI) that would let you type just by thinking. Now, researchers from the University of California, San Francisco (UCSF) working under this program have posted a study today noting their algorithm was able to detect spoken words from brain activity in real-time. дальше »
2019-7-31 09:57 | |
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Zuckerberg Plans to Wiretap Whatsapp. He’ll Do the Same to Libra
Mark Zuckerberg’s Facebook is reportedly working on a back-door content-scanner for WhatsApp, tantamount to a wiretapping algorithm. If the reports are correct, Facebook will scan your messages before you send them and report anything suspicious. дальше »
2019-7-30 13:02 | |
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Amazon Won’t Be Creating Its Own Cryptocurrency Anytime Soon, Says VP
In June, Facebook finally revealed the plans of its new cryptocurrency project dubbed “Libra. ” In light of this, it has been projected that it won’t be long before the big giants like Google and Apple will come up with their coins as well. дальше »
2019-7-27 17:56 | |
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Coincheck Owner Monex Group Plans to Serve as One of Facebook Libra’s Partners
Japan’s established online brokerage, Monex Group Inc. has supposedly applied to onboard the Libra Project’s list of partners, with the anticipation of becoming the next to join the association, reports Coin Desk. дальше »
2019-7-26 20:08 | |
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Facebook’s Crypto Libra a Ploy to Become ‘Its Own Country’, Blasts UK MP
The spotlight turned on Facebook over the past week by the U.S. Congress over its plans for the Libra cryptocurrency has only whetted the appetite for other countries to do the same. According to the Financial News, a British parliamentary committee has indicated that it will grill Facebook regarding its crypto project as worries grow […] The post Facebook’s Crypto Libra a Ploy to Become ‘Its Own Country’, Blasts UK MP appeared first on CCN Markets дальше »
2019-7-24 13:22 | |
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‘Trust’ was mentioned 69 times at Facebook’s Libra Senate hearing – nice
In the 220-minute-long Senate hearing where Facebook’s head of Calibra, David Marcus, was grilled on the company’s “cryptocurrency” plans, the word trust was mentioned every two minutes on average, working out to 69 times in total. дальше »
2019-7-18 14:28 | |
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Facebook: US should lead global cryptocurrency industry
The US Senate held a hearing on Facebook’s plans to launch its own cryptocurrency. The representative of the social network announced Facebook's intention to comply with the norms of US law and declared the predominant role of US in the formation of regulatory rules for the crypto industry. дальше »
2019-7-19 12:26 | |
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US Committee Plans to Ban Facebook Cryptocurrency Libra
The House Financial Services Committee in the United States is set to discuss the future of Facebook’s upcoming cryptocurrency, Libra, on Tuesday. The head of the committee, Democratic Congresswoman Maxine Waters, last week proposed legislation which details rules that would ban Facebook and other technology firms from developing and launching financial services. дальше »
2019-7-16 15:00 | |
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How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U. S. government seem fearful of a giant tech establishing itself as a financial institution. дальше »
2019-7-15 21:45 | |
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How the US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U. S. government seem fearful of a giant tech establishing itself as a financial institution. дальше »
2019-7-15 21:45 | |
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France Finance Ministry Agrees With President Trump’s Stance On Libra And Monetary Sovereignty
There are reports coming from France’s Finance Ministry that confirms that they have the same stance as Trump when it comes to Facebooks Libra. President Trump claimed on Thursday that Facebook should have to register as a bank and submit to banking regulations if it plans to move forward with Libra, which company officials have […] дальше »
2019-7-13 20:10 | |
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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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Facebook Cancels Calibra Launch in India, Thanks to Govt's Crypto Loathing
Days after an Indian government official expressed discomfort with Facebook’s cryptocurrency plans, the social media giant has indicated that it has ‘no plans to offer’ Libra, or its digital wallet Calibra, in its largest market. дальше »
2019-7-10 16:23 | |
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Facebook Crypto Products Not Coming to World’s Biggest Markets
Contrary to the beliefs of many crypto critics, Facebook’s Libra will not be a Bitcoin killer. In fact the new digital coin from billionaire Zuckerberg et al may not even be available to some of the world’s largest markets. дальше »
2019-7-10 12:00 | |
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Facebook Will Not Offer Calibra In India
Citing the Reserve Bank of India's restrictions on cryptocurrency, Facebook has ruled out offering its Calibra wallet service to the country but plans to work with regulators on possibly updating crypto legislation. дальше »
2019-7-10 00:23 | |
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Indian Regulators Also Echo Same Concerns About Facebook’s Libra Coin Cryptocurrency Project
Facebook will not have an easy time in the third largest economy of Asia. As the company is set on moving its plans surrounding the Libra cryptocurrency forward, the Indian authorities do not seem very happy with the company’s presence. дальше »
2019-7-9 04:28 | |
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Latin American Taringa! Social Network To Add Dai Stablecoin On Its Platform of 27 Million Users
In a previous article we discussed the increasing movement of social media juggernauts towards blockchain technology including Twitter and recently Facebook too. During the weekend a social media giant in South America, Taringa! – Facebook-esque network – announced their plans to introduce cryptocurrencies on their platform in a bid to reinvent itself. The announcement was […] дальше »
2019-7-8 16:48 | |
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Was the Bitcoin Bubble and Burst of 2018 Just a Teething Problem for This Cryptocurrency?
In September 2018 Bitcoin’s price had fallen from a 2017 high of over $19,500 to around $6,000. That was until news of Facebook’s cryptocurrency plans in June of this year which pushed the price back up to over $14,000. дальше »
2019-7-8 11:42 | |
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Gen Z Hates Crypto. Can Facebook’s Libra Change That?
Most “Gen Z” Americans have no plans to get into crypto. Hard to believe as it may seem, this was the result of a survey of 1,884 young Americans published by Business Insider. The firm responsible for conducting the investigation was Cint, a company specializing in the analysis and exchange of data. дальше »
2019-7-6 05:00 | |
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Only Fools Trust Facebook’s Cryptocurrency Libra, Blasts Nobel Economist
Nobel-prize winner Joseph Stiglitz, who has previously advocated for a full ban on cryptocurrency, doesn’t like Facebook’s Libra plans either. Stablecoins might be a friendlier option to someone like Stiglitz, who believes crypto lacks all the properties of sound money. дальше »
2019-7-3 18:28 | |
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US Congress Wants Facebook to Halt Libra Cryptocurrency Project
Members of the United States Congress have demanded in a letter that Facebook halts development of the Libra cryptocurrency as it poses a threat to the hegemony of the U. S. dollar. This call by the U. дальше »
2019-7-3 15:55 | |
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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 | |
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Bitcoin, Crypto Assets and Libra Attracting Strict Regulatory Scrutiny
Bankers, government officials, and regulators all over the world are feeling increasingly alarmed by the disruptive capabilities of Bitcoin, cryptocurrencies and blockchain technology. Facebook’s recently launched “cryptocurrency”, Libra, is the latest cause of fury, angst, and fear amongst regulatory bodies. дальше »
2019-6-29 22:33 | |
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As Global Regulators Demand More Insights Into Facebook’s Libra, Switzerland Remains Calm
Coinspeaker As Global Regulators Demand More Insights Into Facebook’s Libra, Switzerland Remains CalmFacebook's Libra project is drawing scrutiny from global regulators soon after the announcement last week. дальше »
2019-6-26 10:22 | |
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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 | |
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Best of Bitcoin & Tether Combined? 10 Libra Whitepaper Takeaways
Facebook’s Libra cryptocurrency whitepaper dropped this week, sending shockwaves through the Bitcoin and altcoin community. Is Libra the thing that pulls blockchain kicking and screaming into the mainstream, for the benefit of one and all? Or is it the final nail in the coffin of a cryptocurrency experiment just a decade old? Here are 10 key takeaways from the newly released Libra whitepaper. дальше »
2019-6-24 02:45 | |
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What the technical details behind Libra reveal about Facebook’s plans
John deVadoss—development lead for NEO based in Seattle, former general manager at Microsoft, and a computer scientist with a focus in machine learning and neural networks—shared his insights from analyzing and testing Facebook’s Libra. дальше »
2019-6-24 23:53 | |
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With Libra, Banks Now Need Ripple’s xRapid To Compete
Facebook and Libra has their plans but Ripple and XRP will be a vantage position as banks scramble for efficiency.It seems, xRapid is a fitting option. The post With Libra, Banks Now Need Ripple’s xRapid To Compete appeared first on Ethereum World News. дальше »
2019-6-22 15:41 | |
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