2019-10-24 15:56 |
In a testimony before the Financial Services Committee of the US House of Representatives, Zuckerberg presented the case for Libra as financial innovation.
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During a parliamentary confirmation hearing, the European Commissioner for Financial Stability and Financial Services, Valdis Dombrovskis, said that the E. U. is planning to regulate cryptoassets following the unanticipated wake-up call from Libra.
2019-10-10 15:00 | |
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The commotion around Libra and other stablecoins has caught the attention of a lot of regulators from across the world. The idea of a virtual asset backed by a fiat currency to facilitate payments has taken flight among several mainstream financial institutions, including the likes of JPMorgan.
2019-10-5 23:30 | |
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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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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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Facebook’s nascent crypto-project Libra has been at the receiving end of regulators and financial authorities’ fury, ever since its official announcement on 18 June. The social media giant’s project has in fact, managed to ruffle quite a lot of feathers, with a few regulators going as far as to call for a complete ban on […] The post Libra would make traditional payment institutions redundant, claims FCA’s Christopher Woolard appeared first on AMBCrypto.
2019-10-5 19:30 | |
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PayPal находится на грани выхода из проекта цифровой валюты Facebook Libra – 3 октября представители платёжной системы не пришли на одно из ключевых собраний, посвящённых запуску валюты. Об этом сообщило издание Financial Times со ссылкой на источники.
2019-10-4 15:48 | |
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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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PayPal находится на грани выхода из проекта цифровой валюты Facebook Libra – 3 октября представители платёжной системы не пришли на одно из ключевых собраний, посвящённых запуску валюты. Об этом сообщило издание Financial Times со ссылкой на источники.
2019-10-4 14:40 | |
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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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Представители платежной компании PayPal не явились на встречу с членами Libra Association в Вашингтоне, где обсуждалась стратегия сотрудничества с регуляторами на фоне ожесточенной критики проекта. PayPal on the verge of quitting Facebook’s Libra project https://t.
2019-10-4 12:02 | |
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Facebook’s ‘cryptocurrency’ Libra is reportedly on the verge of losing another one of its partners after Paypal pulled out of a key meeting in Washington on Thursday. According to the Financial Times, all 28 supporters of Facebook’s digital currency project were set to meet and discuss the ways in which Libra could overcome scrutiny from regulators.
2019-10-4 11:10 | |
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В этот четверг в Вашингтоне состоялось ключевое собрание партнёров разрабатываемого Facebook блокчейн-проекта Libra, на котором присутствовали все кроме представителей платёжной компании PayPal, пишет Financial Times.
2019-10-4 11:02 | |
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PayPal might pull out of the Facebook-led Libra project, according to a Financial Times report.
2019-10-4 01:00 | |
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According to the Wall Street Journal, Visa and MasterCard are getting cold feet about helping build payment infrastructure for Facebook’s Libra project. The Wall Street Journal said that a number of financial partners were starting to back away from Libra because of regulatory concerns.
2019-10-3 18:00 | |
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Mark Branson, Head of Swiss financial advisor FINMA, is in the news after he said that Switzerland is more concerned about cryptocurrencies being developed outside government scrutiny, than it is about Libra, the proposed cryptocurrency project by Facebook.
2019-10-2 19:30 | |
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The Swiss financial control agency believes Libra is transparent enough, but worries about unregulated “dark corner” projects that suddenly become too big to control.
2019-10-2 11:45 | |
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"We are not here to make such projects impossible," Mark Branson, CEO of the Swiss Financial Market Supervisory Authority, said of Libra.
2019-10-2 00:00 | |
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ECB President Not Too Worried About Crypto… Yet Earlier this year, Facebook famously unveiled Libra to the world. The cryptocurrency project, billed as a way to empower billions, quickly became the talk of the town,...
2019-9-30 09:23 | |
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Facebook’s COO Sandberg in talks with the U.S. House Financial Services Committee to testify about Libra stablecoin
2019-9-28 01:00 | |
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Libra, one of the most aspirational projects of Facebook which would propel it in the financial demographics and crypto banking services has run into a number of roadblocks ever since its announcement.
2019-9-27 15:56 | |
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In a blog post published on Wednesday, Libra cofounder David Marcus tried to justify Facebook's move to, saying that it is going to be an asset to the global population as most of them lack access to modern financial services.
2019-9-26 19:16 | |
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Following a rousing presentation from David Marcus - the head of Facebook's Libra - Coinbase CEO Brian Armstrong has come out in support of the developing cryptocurrency. Libra is often depicted as a pretty divisive and maligned project.
2019-9-27 16:00 | |
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Going against the central bank grain Mark Carney has proposed a cryptocurrency akin to Facebook’s Libra crypto as a hedge against US dollar dominance. A former senior Federal Reserve official thinks he is barking up the wrong tree.
2019-9-26 12:00 | |
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Coinspeaker U. S. Congress Hearing With the SEC: The Journey So FarThe earlier proposed hearing by the Committee on Financial Services began with the SEC and tackled several issues regarding cryptocurrency, the SEC’s function, Facebook’s Libra, as well as blockchain technology.
2019-9-25 12:42 | |
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CT reports live from the House Financial Services Committee hearing with the SEC
2019-9-25 17:03 | |
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The House Financial Services Committee will question SEC commissioners about crypto regulations and Facebook's Libra next week.
2019-9-20 01:00 | |
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Governments around the world went on high alert after American social media giant Facebook announced a permissioned blockchain digital currency, named Libra. Unsurprisingly, the prospect of a privately-backed alternative digital currency didn't exactly excite financial regulators in North America, Europe, and Asia.
2019-9-18 11:37 | |
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French and German regulators have launched a new attack on Facebook’s Libra, saying that it is a threat to the financial sovereignty of nations. In response, the Libra Association has doubled down, promising to work with regulators, but committing to a 2020 launch.
2019-9-17 15:05 | |
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David Marcus, known as the head of Calibra, the company in charge of Facebook’s Libra stablecoin, has recently decided to respond to the prominent concerns that Libra could affect the sovereignty of national fiat currencies.
2019-9-16 20:44 | |
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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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Calibra CEO dispels notion that Libra is a threat to the global financial system
2019-9-17 16:10 | |
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Global financial regulators and central banks are calling in officials from Facebook’s Libra cryptocurrency to explain the potential financial risks the stablecoin poses in the global fintech industry.
2019-9-16 16:07 | |
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The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments.
2019-9-16 13:30 | |
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The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.
2019-9-16 12:10 | |
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The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.
2019-9-17 12:10 | |
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Сегодня представители 26 Центробанков, включая специалистов Федеральной резервной системы США и Банка Англии, встретятся с командой криптовалютного проекта Libra от Facebook. Информация об этом появилась в Financial Times (FT).
2019-9-16 11:02 | |
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A forum of central banks will meet with Libra on Monday to assess the purported financial stability risks of the project
2019-9-16 22:40 | |
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Bertrand Perez, General Director of the Libra Association, told the French financial media Les Echos that the stablecoin project backed by Facebook would go live by the end of 2020. His comments come a day after French Finance Minister Bruno Le Maire pledged to stop Libra in Europe.
2019-9-14 18:00 | |
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The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability.
2019-9-13 16:58 | |
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The European Union needs to establish a common set of rules for cryptocurrencies to counteract risks posed by Facebook’s Libra, France’s Finance Minister Bruno Le Maire said today. According to Reuters, Libra could pose risks to consumers, financial stability and even “the sovereignty of European states,” Le Maire said.
2019-9-13 13:34 | |
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The Libra Association announced that it will pursue a payment system license under the Swiss Financial Market Supervisory Authority’s (FINMA) supervision. The group, which oversees Facebook’s controversial cryptocurrency, chose Switzerland as its main regulator despite scrutiny from U.
2019-9-13 23:45 | |
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Coinspeaker China’s Digital Currency and Libra to Bring Significant Benefits for Financial Inclusion and Blockchain TechBoth Facebook and the People’s Bank of China, have announced their digital currencies and are looking to release them to the public as soon possible.
2019-9-12 16:22 | |
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Fresh reports have revealed that France wants to block Facebook’s Libra cryptocurrency in Europe. Meanwhile, financial regulators in Switzerland say they are open to international cooperation in the creation of a regulatory framework for the proposed cryptocurrency project.
2019-9-12 14:30 | |
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Facebook’s ambitious cryptocurrency project, Libra, has been facing a lot of heat in Europe since its announcement in June. Now, according to Reuters, the French finance minister, Bruno Le Maire, doesn’t want it to operate in the EU, as he feels it’s unclear exactly how the digital currency will function.
2019-9-12 13:47 | |
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As more and more astronomical objects make their way in the crypto-sphere, Facebook’s Libra is still waiting out to check all the boxes before it hits the market as a ‘global currency’.
2019-9-12 13:00 | |
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Facebook’s Project Libra has applied for a payment system license from the Swiss Financial Market Supervisory Authority (FINMA). FINMA says Libra’s service offerings will, however, require a broader oversight that would include operational risks, liquidity and more, according to a Reuters report on September 11, 2019.
2019-9-12 09:00 | |
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According to a notification issued by FINMA, the regulator has confirmed that stablecoins will be treated just like any other blockchain-based token in Switzerland, September 11, 2019. The Libra Association requested FINMA to disclose how the network would be treated, and the regulator has stated that Libra will be classified as financial infrastructure.
2019-9-12 23:00 | |
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Switzerland’s financial regulator has indicated that Facebook’s cryptocurrency project Libra will be required to meet additional requirements besides getting a payment system license prior to starting operations.
2019-9-12 18:01 | |
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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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