2020-11-27 09:20 |
Libra might eventually get off the ground as early as January albeit in a more limited format.
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Libra will initially be pegged to just one fiat currency.
2020-11-27 10:51 | |
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Vodafone Group plc, a London-based multinational telecommunications conglomerate established in 1991, has officially exited Facebook’s Libra Association, to focus on its own payment solution known as M-Pesa, and possibly expand the product’s reach to all parts of Africa, according to reports on January 21, 2020.
2020-1-22 16:00 | |
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The Reserve Bank of Australia has serious doubts about Libra’s success within the nation. In an article published by afr. com on January 9, the RBA sustains that even if it meets all regulatory requirements, there won’t be enough demand for domestic payments in the stablecoin.
2020-1-10 22:00 | |
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2019 has been a slow year for bitcoin. It is up almost two-fold since January but it is at risk of ending the year with a 50 percent drop from its yearly high. Still, it has managed to overtake Donald Trump, VISA, PayPal, and Libra on Google Trends at the year’s peak.
2019-12-22 19:50 | |
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The regulatory scrutiny over Libra in the United States continues. Now, the House Financial Services Committee of the country has recently invited more people who work on Facebook to testify. The latest two executives that were invited were Facebook’s COO Sheryl Sandberg and CEO Mark Zuckerberg, who will need to attend before January 2020. Sandberg […]
2019-10-4 20:27 | |
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The U. S. House of Representatives wants Facebook CEO Mark Zuckerberg to appear in its Financial Services Committee to discuss the Libra cryptocurrency project before January 2020. House Committee Presses for Zuckerberg’s Testimony As previously reported by Bitcoinist, Facebook’s chief operating officer Sheryl Sandberg is set to meet with the U.
2019-10-4 15:00 | |
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The U.S. House Financial Services Committee invites Facebook COO Sheryl Sandberg to testify on the condition that CEO Mark Zuckerberg follows suit by January
2019-10-4 12:45 | |
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Facebook’s crypto-project Libra has been battling it out with regulators from around the world, with the ones in the United States being especially vocal about their concerns. In a series of new developments, the U.
2019-10-4 09:47 | |
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A recent report from Project Tourbillon, led by the Bank for International Settlements' Innovation Hub, reveals significant advancements in balancing privacy and transparency in CBDCs.
Crypto exchange Coinbase announced an update to its commerce product based on the new Onchain Payment Protocol. It simplifies and standardizes onchain payments. The company said that the updated product will solve the problems of volatility and complexity with transactions. It will…
A shared payments infrastructure initiated by the state and joined by major Indian banks, the United Payments Interface (UPI) accounted for over 2.2 billion transactions in November.
Among democracies, the Indian government tends to shut down the internet most frequently. Can crypto thrive in this environment?
European Central Bank President Christine Lagarde said a digital euro can place the region at the cutting edge of innovation but it may have fallen behind in the global competition for creating digital payment ecosystems.
Bermuda is looking to speed up the distribution of financial aid to its citizens and has begun trialing a digital stimulus token.