2019-10-16 02:21 |
The Libra Association has formed a five-member board and created rules for the consortium’s governance
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Facebook for the first time, looks down and out. It was supposed to be a ceremonial week for the Libra Association, with the Charter being signed and its board members being confirmed. However, it has now turned into a disaster.
2019-10-15 16:30 | |
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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.
2019-10-15 12:33 | |
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The Libra charter has been signed by 21 organizations, just days after several high-profile payment processing and e-commerce companies withdrew from the controversial stablecoin project led Facebook. The Libra Association named its board of directors...
2019-10-15 10:01 | |
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“It is a correction; it’s not a setback,” said Dante Disparte, newly appointed Head of Policy and Communications at the Libra Association after the council lost another backer. This time it was Booking Holding, the company behind Booking.
2019-10-15 08:39 | |
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The chair of the Financial Stability Board, Randall Quarles, recently spoke about the rise in popularity stablecoins are having, including very prominent projects such as Libra. According to him, the future can have significant regulatory challenges because of these projects.
2019-10-5 22:19 | |
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Telegram, the privacy-centric instant messaging app has confirmed that its distributed ledger technology (DLT) network will be launched in late October 2019, as the testing phase has successfully been completed, according to a message in the official TON Board on Telegram on October 2, 2019.
2019-10-4 23:00 | |
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Stablecoins are a “wake up call” to the international banking industry, potentially reaching 1.7 billion unbanked.
2019-9-26 11:44 | |
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Coinspeaker ECB Exec: Libra Could Address Global Payments System ProblemsECB Board Member Benoit Coeure has warned that private stablecoins like Libra are posing big risk to the monetary sovereignty, however, they can also solve some of the burning issues.
2019-9-26 11:00 | |
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Libra has been a wake-up call for banks to consider major issues in global payment systems, an ECB board member says
2019-9-26 21:18 | |
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Stablecoins like Libra threaten the monetary policy of European countries, believes the European Central Bank board member.
2019-9-18 10:42 | |
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Switzerland’s central bank is fretting over the possibility of stablecoins pegged to foreign currencies eroding its ability to use its monetary policy tools effectively, further complicating the path for cryptocurrency projects such as Libra.
2019-9-7 20:17 | |
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The Swiss National Bank (SNB) is afraid that digital currencies like Facebook’s Libra might impede the central bank’s capability to initiate and implement monetary policy. This is the conclusion of Thomas Jordan, chairman of SNB’s governing board.
2019-9-6 15:00 | |
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LA Blockchain Week, which will take place from October 13-18 across various locations in Los Angeles, could not have chosen better timing after what some are considering blockchain’s biggest summer to-date.
2019-9-5 21:05 | |
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According to news published on Bloomberg on Septemeber 2, Yves Mersch, an executive board member at the European Central Bank (ECB), stated that Facebook’s proposed Libra currency could undermine the European Central Bank’s ability to set monetary policy.
2019-9-3 09:00 | |
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Facebook’s proposed cryptocurrency called Libra — scheduled for release in the first half of 2020 — according to European Central Bank’s board member Yves Mersch undermines ECB’s ability to set monetary policy.
2019-9-3 01:10 | |
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News surrounding the imminent launch of Facebook’s cryptocurrency – dubbed Libra – captivated the world earlier this Summer, and although the hype surrounding the project has largely worn off, many analysts still view it as a catalyst for greater widespread adoption of crypto.
2019-9-3 00:00 | |
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A member of the European Central Bank's executive board sounded the alarm on the "treacherous, cartel-like" Facebook Libra cryptocurrency. Yves Mersch issued a damning warning to not be fooled by Facebook's hollow promises of a decentralized ecosystem.
2019-9-3 23:45 | |
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A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren call. ” Yves Mersch, Luxemborgian lawyer and ECB executive board member, even told attendees of the European System of Central Banks’ legal conference the Libra ecosystem will be “cartel-like.
2019-9-2 15:36 | |
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Another ECB board member has spoken of the danger of digital assets to create pressures on official monetary policy.
2019-9-2 15:18 | |
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Facebook’s Libra continues to face resistance from institutions across the globe. Yves Mersch, ECB Board Member, was the new entrant to join the list of Libra’s critics. Yves Mersch, who is a former Governor of Luxembourg Central Bank, believed that the proposed virtual asset’s launch could weaken European Bank’s ability to introduce monetary policies and […] The post Libra’s launch could weaken ECB’s ability to set financial policies, says ECB Board Member appeared first on AMBCrypto.
2019-9-2 15:13 | |
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Facebook has not had any breathing space since announcing their upcoming cryptocurrency project in mid-June due to the stern regulatory concerns it has been facing. Facebook came up with Libra project with the ultimate goal of banking the unbanked by bringing on board 28 payments and tech behemoths as partners.
2019-8-23 22:10 | |
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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.
2019-8-12 18:33 | |
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Coinspeaker Zuckerberg Ready to Wait for ‘However Long It Takes’ to Get Libra Regulators OnboardMark Zuckerberg has made it clear that Facebook will not launch its Libra crypto until all the regulators have been brought on board and every regulatory issue resolved satisfactorily.
2019-7-26 11:09 | |
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Echoing statements made by Libra project lead David Marcus during Facebook's congressional hearings last week, Mark Zuckerberg promised to spend "however long it takes" to get regulators on board with Libra before launching the cryptocurrency.
2019-7-26 19:10 | |
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Facebook's CEO said it will spend "however long it takes" to get regulators on board before launching Libra.
2019-7-25 17:25 | |
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European Central Bank Executive Board member Benoit Coeure has said that financial regulators across the world must move fast in preparation for the planned Libra’s entry into the financial system, Bloomberg reports.
2019-7-8 17:32 | |
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An Executive Board Member of the European Central Bank (ECB), the financial institution responsible for administering monetary policies within the Eurozone, has opined that financial watchdogs across the globe must now fast track the process of regulating bitcoin (BTC) and other blockchain-based digital assets, as more and more institutions like Facebook join the bandwagon, reportsRead MoreRead More.
2019-7-8 13:35 | |
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Financial regulators must act fast to prepare for Facebook’s Libra stablecoin, according to European Central Bank executive board member Benoit Coeure
2019-7-8 21:09 | |
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In light of Facebook’s upcoming Libra coin, European Central Bank (ECB) Executive Board Member Benoit Coeure is reportedly urging financial regulators to create a viable framework for crypto projects.
2019-7-8 18:10 | |
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Facebook’s cryptocurrency Libra is a “rival” to US monetary policy and the dollar itself. That’s the view of Congress which has officially urged Mark Zuckerberg to cease development on its crypto project.
2019-7-3 19:11 | |
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Speaking at the Crypto Valley Conference in Zug, Switzerland, Thomas Moser, an alternate member of the governing board at the Swiss National Bank, said Facebook's Libra project has yet to sound any alarms for the Swiss National Bank and that the country's regulators are "pretty relaxed" about it.
2019-6-25 19:13 | |
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Bitcoin just broke $10,000 after the markets settled following Facebook’s Libra reveal. The cryptocurrency markets were in the red across the board following Facebook’s Libra announcement, a stablecoin which pundits say is an attempt at a new world currency.
2019-6-22 03:34 | |
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The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) by a resounding 279 to 136 vote. The bill, seen as a major win for the crypto industry, aims to establish a long-awaited regulatory framework for digital assets in the US.
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