Libra’s global ambition could trigger antitrust risks: French Finance Minister

2019-10-18 18:00

If you had to choose who controlled your money, would you pick the government or a private company? While it is unlikely you would pick either, this is the choice nations have to make as Facebook’s Libra cryptocurrency project pushes toward its goal of a global economic takeover.

In an article published in Financial Times […]

The post Libra’s global ambition could trigger antitrust risks: French Finance Minister appeared first on AMBCrypto.

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libra global → Результатов: 126


Marcus Defends Libra Cryptocurrency in Latest Bid to Woo Central Banks

Facebook executive David Marcus defended the Libra cryptocurrency ahead of his meeting with the representatives of global bankers in Basel on Monday. The co-creator said Libra is not going to challenge or undermine the sovereignty enjoyed by nations, adding that the cryptocurrency merely wants to become a “better payment network” and deliver meaningful financial services.

2019-9-16 18:00


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PayPal Cautiously Believes in Libra’s Potential Despite Regulatory Concerns 

Paypal, an American centralized payments services company has made it clear that it firmly believes in the potential of the social media giant’s global cryptocurrency project despite the intense scrutiny of governments and central banks on Libra, as well as the regulatory bottlenecks surrounding the cryptoasset, according to a Channelnewsasia report on September 14, 2019.

2019-9-16 12:20


Libra Association Head: Facebook’s Crypto Stablecoin Still On Track To Be Launched By End Of 2020

The head of Libra Association, the non-profit organization behind Libra stablecoin project, has revealed that the token will be launched by the end of 2020. We believe that the global, open, instant, and low-cost movement of money will create immense economic opportunity and more commerce across the world: https://t.

2019-9-14 22:08


Facebook Now Seeking Swiss Payment System License for Crypto Project Libra

Facebook’s cryptocurrency project Libra is now seeking a Swiss payment license, said financial watchdog FINMA on Wednesday. Social media giant Facebook (FB) first announced its plan to launch a cryptocurrency in June, as an attempt to move into global payments that has drawn intense scrutiny from global financial authorities. The stablecoin Libra, which is planned […]

2019-9-11 17:55


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Facebook: Libra Cryptocurrency Faces Strict Regulatory Standards from U.S. Treasury

United States Treasury Under Secretary of Terrorism and Financial Intelligence, Sigal Mandelker, has declared that Facebook’s proposed Libra global cryptocurrency project will not be launched unless Libra complies with tough anti-money laundering (AML) and anti-terrorist financing standards, reports Reuters on September 10, 2019.

2019-9-11 16:16


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BoE Governor Mark Carney Proposes Global Cryptocurrency

Governor of the Bank of England Mark Carney put forward the idea of replacing the U. S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra. Carney Proposes The Synthetic Hegemonic Currency On August 23, 2019, while addressing the Federal Reserve Symposium in Jackson Hole, Wyoming, Carney described how Brexit uncertainties, persistent world trade tensions, and overall weaker business activity are deteriorating the global economy.

2019-8-25 21:34


Binance Venus, a stablecoin that will compete with Facebook’s Libra

Binance announced that it is planning to launch an open blockchain project focused on developing localized stablecoins around the world, competing with Facebook’s Libra. Reshaping the world’s financial system Over the last few years, Binance has actively communicated the need for a “global, multi-dimensional customer network and compliance system” to different regulatory authorities around the […] The post Binance Venus, a stablecoin that will compete with Facebook’s Libra appeared first on CryptoSlate.

2019-8-20 19:49


Digital Currency Regulation Around the World

A conversation with Michelle Bond, Ripple’s Global Head of Government Relations  The entrance of Facebook’s Libra whitepaper has caught the world’s attention. While many look to the U.S. to help define a framework for digital assets and blockchain regulation, the question remains: Will policymakers strike the right balance between fostering innovation and protecting consumers? What … Continued The post Digital Currency Regulation Around the World appeared first on Ripple.

2019-8-9 23:00


Facebook’s Libra Continues To Receive Worrisome Outlooks From Global Finance Regulators

Libra, the cryptocurrency project headed by Facebook and the Libra Association, is getting heat from several privacy and data protection regulators around the world. According to recent reports made by The Block Crypto, regulators from countries such as the United States, Canada, United Kingdom, Australia and the European Union are all concerned about Libra and […]

2019-8-7 22:35


Cardano set to begin its transition from a federated to a decentralized system

Cardano has been in the news for quite some time now, in light of its development on the Cardano network and the Shelley network. IOHK’s Charles Hoskinson recently featured in an interview and shared his views on the evolution of global financial systems since the emergence of cryptocurrencies, while also talking about Facebook’s Libra and […] The post Cardano set to begin its transition from a federated to a decentralized system appeared first on AMBCrypto.

2019-7-25 03:30


“This Is The Revolution: We Just Have To Sell It” – Congressman Schweikert On Blockchain

Facebook took a hammering this week, with the proposed Libra currency taking fire from blockchain skeptics and decentralization advocates alike. But there is one silver lining to come from this weeks’ hearings: the prospect of a global, corporate digital cryptocurrency appears to have spurred Congress into action.

2019-7-18 19:31


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Том Ли в целом позитивно оценил твит Трампа о биткоине

Специалист Fundtrat Global Advisors Том Ли прокомментировал твит Дональда Трампа о криптовалюте и запуске монеты Libra. По его словам, подобные высказывания должны сыграть на руку всему сообществу, так как в комьюнити биткоина и других цифровых активов нарастает недоверие к властям США.

2019-7-15 18:28