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Libra: Friend or Foe? Worst Case Scenario Post-Congressional Hearings
Facebook is in the hot seat this week, as Congress asks burning questions about the company’s Libra “cryptocurrency. ” I use quotes, because in the purest sense, a cryptocurrency is decentralized, trustless, and permissionless. дальше »
2019-7-22 16:00
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Is Facebook’s Libra likely to intensify regulatory scrutiny on Bitcoin?
Facebook’s Libra continued to grace the headlines, with high-stakes questions regarding its potential risks continuing to dominate the news. Libra’s extensive scrutiny had corrected the crypto-market significantly, with rumors suggesting that the contentious project would lead to tighter regulatory surveillance over Bitcoin and the cryptocurrency industry. дальше »
2019-7-21 03:30
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Steve Mnuchin Claims G7 Finance Ministers and Central Bankers Concerned About Libra
The Treasury Secretary of the United States of America, Steve Mnuchin, told CNBC in an exclusive interview that G7 financial heads were not comfortable with Libra and expressed their doubts over the ability of the payment consortium to adhere to anti-money laundering (AML) and money transmission regulations. дальше »
2019-7-21 23:00
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Libra Is An “Innovative Concept” And Should Not Be Suppressed: Germany’s Central Bank Head
Jens Weidmann, the President of Germany’s Central Bank Bundesbank, stated that global regulators should not suppress Facebook’s Libra project in its early stages. The statement appeared in an email newsletter shared by Mati Greenspan, a senior marketing analyst at eToro. дальше »
2019-7-20 20:40
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Liberal Activists Pressure 27 Libra Partners to Dump Facebook's Crypto
The knives are really coming out to kill Facebook's over-hyped Libra crypto project. After being bashed by President Donald Trump and the U. S. Congress, four liberal activist groups penned an open letter urging all 27 Libra partners to dump the Facebook venture. дальше »
2019-7-22 20:00
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Liberal Activists Pressure 27 Libra Partners to Dump Facebook’s Crypto
The knives are really coming out to kill Facebook’s over-hyped Libra crypto project. After being bashed by President Donald Trump and the U. S. Congress, four liberal activist groups penned an open letter urging all 27 Libra partners to dump the Facebook venture. дальше »
2019-7-21 20:00
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G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra
G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. дальше »
2019-7-20 13:00
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Bank of Thailand: Libra’s Benefits and Risks must be carefully Studied
Bank of Thailand (BOT) Governor, Veerathai Santiprabhob, has given his take on Facebook’s Project Libra, making it clear that the merits and risks of the digital asset still need to be studied extensively, reports local news source, Bangkok Post on July 19, 2019. дальше »
2019-7-20 11:00
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Bank of Thailand’s Governor claims appointment of special task force to weigh pros and cons of Libra
Facebook’s Libra has been at the center of scrutiny and skepticism among policymakers from around the globe. Many have even gone on to ask for a complete halt of the project, including many lawmakers during the two-day Congressional hearing. дальше »
2019-7-20 03:30
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Facebook does not have the experience to generate a ‘competitive’ CAC value for Libra
It is a new day for the cryptocurrency ecosystem, but Libra’s fortunes are failing to take off on a positive note. It has been a week to forget for Facebook’s Libra, after recent Senate and Congressional proceedings hardly went their way. дальше »
2019-7-20 00:30
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Facebook's 'Oops, My Bad' Approach To The Libra Launch
What became abundantly clear during Facebook's congressional hearings this week was that representatives on both sides of the floor were having none of Facebook asking for permission to launch Libra following its past "move fast and break stuff" mentality. дальше »
2019-7-20 00:17
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Libra Concerns Expressed by German and Thai Officials, Risks Need to be Assessed Before Moving Forward
Ever since Facebook revealed news regarding its involvement in the Libra Association, with a total of 28 founding members working towards the stablecoin, Libra, many leaders have since expressed concern. дальше »
2019-7-20 23:18
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Breaking Down The Facebook Libra Hearings
Facebook’s libra is under the scrutiny since pretty much everyone is freaking out that a company that’s run by a fun-sized Chucky doll is jumping in the cryptocurrency water. Watch the video to see the latest news on Facebook Libra hearings at House Financial Services Committee. дальше »
2019-7-20 21:57
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Shark Tank Judge Kevin O’Leary Is Bullish On Facebook’s Libra, Thinks It Will Bring Bitcoin To Zero
Shark Tank Judge Kevin O’Leary Bullish On Facebook’s Libra says Bitcoin Would Soon Come Down to Zero Kevin O'Leary from Shark Tank and chairman of O’Shares ETFs says is quite bullish on Facebook’s nascent crypto project Libra. дальше »
2019-7-19 19:05
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Ripple CEO Explains Why Facebook’s Approach to Libra Is Just “Silicon’s Valley Arrogance”
Coinspeaker Ripple CEO Explains Why Facebook’s Approach to Libra Is Just “Silicon’s Valley Arrogance”Brad Garlinghouse, Ripple CEO joined Squawk Alley on CNBC to share his opinion on Facebook's coin Libra coin and to explain why it can pose high risks for the world of finance. дальше »
2019-7-19 13:55
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G7: Stablecoins offer economic prosperity
The G7 Finance Ministers and Central Bank Governors (FMCBG) met in Chantilly in northern France on July 17 and 18. In fact, Europe directly perceived the signal from the hearings in the US Senate on Libra and showed great obedience, as always. дальше »
2019-7-20 13:42
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US Treasury Secretary Mnuchin Says G7 in Agreement on Libra, Cryptocurrencies
“There was a clear agreement ... that Libra, in particular, raises some very significant concerns, and cryptocurrencies more broadly," said Mnuchin. дальше »
2019-7-22 13:00
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US Treasury Secretary Mnunchin Says G7 in Agreement on Libra, Cryptocurrencies
“There was a clear agreement ... that Libra in particular raises some very significant concerns, and cryptocurrencies more broadly," said Mnuchin. дальше »
2019-7-20 13:00
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WATCH: Former CFTC Advisor Sees ‘Mistrust’ as Libra’s Fatal Flaw
Scandal after scandal hasn't done Facebook any favors, says former CTFC advisor Jeff Bandman. дальше »
2019-7-19 01:00
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Jeff Bezos Should Be at the Wheel of Libra: ‘Bitcoin Billionaires’ Author
The writing is on the wall that Mark Zuckerberg has completely botched the planned Libra rollout. Even if the digital currency ever sees the light of day, it’s not likely to be within Facebook’s own timetable of 2020. дальше »
2019-7-19 00:25
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WATCH: A FinTech Lawyer Breaks Down Libra’s Legality
Joel Telpner, chair of the Fintech and Blockchain Practice Group at Sullivan & Worcester LLP, sees Libra's creation as setting a fascinating - and treacherous - precedent. дальше »
2019-7-19 20:00
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Libra’s presence on Weibo grows; China senses competition for Alipay and WeChat
Libra, Facebook’s much-talked about cryptocurrency, has not only gotten the United States riled up, but has also breached its shores to disrupt the Chinese market. A recent analysis of Weibo, China’s alternative to Twitter, has revealed that Libra was the second most searched entity on the social media platform. дальше »
2019-7-19 19:30
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Blockstream’s Samson Mow: “Facebook Should Have Just Used Bitcoin” Regarding Libra Project
The combative hearing in the U.S Congress in the past two days left citizens and other onlookers with much doubt on the success of Facebook’s Libra. While Bitcoin (BTC) caught on a bullish vibe across the financial committee led by Maxine Waters, Libra’s CEO David Marcus was under fire on the privacy of data issues […] дальше »
2019-7-18 19:28
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Watch: Congress Slaps Facebook’s Libra, Sings Bitcoin’s Praises
Members of Congress were much more demanding of Facebook blockchain chief David Marcus than were Senators the day prior with both Libra and Bitcoin being spoken about. Facebook’s foray into the radical new world of decentralized ledges has aroused numerous legislative and regulatory pushback efforts. дальше »
2019-7-18 19:24
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JP Morgan CEO Does Not Think Libra Is A Threat To The Banking Or Credit Card Sector
JP Morgan Does Not Think Libra Is A Threat To The Banking Sector Libra, the nascent cryptocurrency project of social media giants Facebook has created quite a storm among policymakers and regulators all around the globe. дальше »
2019-7-18 18:29
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Shark Tank Celebrity Claims Facebook’s Libra Will Pummel Bitcoin to ‘Zero’
Investor and Shark Tank shark Kevin ‘Mr. Wonderful’ O’Leary has dismissed concerns raised against Facebook’s cryptocurrency Libra. Speaking on CNBC, the avowed Bitcoin skeptic stated that Libra has the capacity to become accepted and consequently useful with effective regulation. дальше »
2019-7-18 18:19
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Jamie Dimon Isn’t Worried About Competition From Libra
The CEO of America’s biggest bank, J. P. Morgan Chase, doesn’t believe it is worth losing sleep over Libra for the time being. Dimon is of the view that in the short term, Libra will have little to no effect on banks and global payments in general. дальше »
2019-7-18 17:00
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Anti-Bitcoin Congressman: Libra Could be as Damaging as 9/11
Bitcoin Skeptic Bashes Libra On Wednesday, Libra was the primary topic of discussion for the House Committee on Financial Services. Unsurprisingly, there was a multitude of U. S. politicians that expressed disdain towards the corporate cryptocurrency. дальше »
2019-7-18 16:45
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‘There’s Bitcoin and Then There’s Shitcoin (Libra)’. Congress Finally Gets It
Congress savaged Facebook’s cryptocurrency Libra during a two-day Congressional hearing this week. But Rep. Warren Davidson (R-Ohio) saved the best, and most brutal, comment for the end: “There’s bitcoin, and then there’s shitcoin. дальше »
2019-7-18 16:17
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China is Attentive to Libra as the Crypto Asset Could Rival Alipay and WeChat Pay
Although Facebook’s Libra cryptocurrency is yet-to-be-released, it has garnered the interest of countries and the world at large. cnLedger, a Chinese twitter-based cryptocurrency news source also hinted in a tweet on July 18, 2019, that China is paying apt attention to Libra. дальше »
2019-7-18 16:04
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‘Libra vs Alipay, WeChat’ Trending High on Chinese Search Engine
Since Facebook announced its new cryptocurrency “Libra,” it has faced resistance from global regulators and financial sectors. The People’s Bank of China, which in 2017 banned the use and trading of cryptocurrencies, has also expressed skepticism, believing that the US-controlled digital currency would circumvent its financial sovereignty. дальше »
2019-7-18 15:00
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WATCH: Investor Nisa Amoils Expects Libra to Reduce Regulatory Risk
Nisa Amoils believes that Facebook's Libra is a platform play. дальше »
2019-7-18 13:30
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Facebook will not be a bank – Libra in Senate
The representative of Libra David Marcus tried to convince the US Senate that the cryptocurrency does not threaten bankers. Did he succeed? We will see soon. Marcus first of all drew the attention of senators that Libra will strictly follow AML standards (anti-money laundering) and will generally be registered with the FinCEN (Financial Crimes Enforcement […] дальше »
2019-7-18 13:03
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JP Morgan’s Jamie Dimon Believes Libra Is Not a Short-Term Concern
Coinspeaker JP Morgan’s Jamie Dimon Believes Libra Is Not a Short-Term ConcernIn recent news, Jamie Dimon from JP Morgan has said that he believes Facebook's Libra isn't a short-term concern of an impact on the traditional banks. дальше »
2019-7-18 13:02
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Japanese Regulator Calls on G7 to Take Different Look at Libra Coin
The Finance Minister of Japan urges G7 to take a different view of Libra Coin to see if there are any new potential challenges for the global finance system дальше »
2019-7-18 12:06
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‘Shitcoin’ Searches Spike After Senator’s Speech, Altcoins Recover
Yesterday’s US Congress hearing was largely about lambasting Libra and Facebook’s financial global domination ambitions. A few other snippets emerged from the meeting, however, and not all are bad for bitcoin and the crypto industry. дальше »
2019-7-18 12:00
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Ocasio-Cortez Attacks Facebook’s ‘Corporate Controlled Currency’ Libra
The Libra Association and Facebook took a lashing during their first day of congressional hearings on Tuesday. Wednesday wasn’t much better. Rep. Alexandria Ocasio-Cortez (D-NY) focused on a comment David Marcus, CEO of Calibra, made yesterday when he said he would trust all of his assets in Libra. дальше »
2019-7-18 10:01
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Congressman Warren Davidson Suggests Libra is a Sh*tcoin
On Wednesday, Representative Warren Davidson suggested that Facebook Libra’s lack of decentralization placed it in the same category as other run of the mill sh*tcoins. Libra is Not a Cryptocurrency Events took a somewhat unexpected twist during today’s congressional hearing on the potential impacts of Facebook’s new Libra cryptocurrency. дальше »
2019-7-18 09:34
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Bitcoin’s ‘realized market capitalization’ at an all-time high as price continues to suffer following Libra’s Senate hearings
Bitcoin’s massive plunge in valuation recently has shook the cryptocurrency market. The world’s largest cryptocurrency falling below the decisive $10k support following Libra’s ‘interrogation’ before the United States’ Senate Banking Committee has many analysts doubting their bullish predictions. дальше »
2019-7-18 03:30
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Blockstream’s Samson Mow targets Facebook’s Libra; claims David Marcus has no idea of what he is building
Facebook’s latest venture into the cryptospace has encountered a lot of debate and criticism, since the day it was first introduced. The contentious Libra project led by 28 corporate giants including Facebook, has been touted as a “centralized digital crypto” by many skeptics. дальше »
2019-7-18 00:30
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“Zuckbucks” encounters resistance due to Facebook’s damaged reputation, Libra may precipitate unfavorable legislation
Facebook’s Calibra CEO David Marcus took another beating, this time from members of the House, with one lawmaker even scorning the proposed Libra cryptocurrency as “Zuckbucks. ” Marcus went before members of the House Financial Service Committee to explain the social media platform’s ambitious proposal to enter the crypto space. дальше »
2019-7-18 00:26
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Facebook's House Committee Focuses Heavily On What Exactly Libra Is
With yesterday's Senate hearing centering on lawmakers' distrust of Facebook, the social media giant's House Financial Services Committee hearing focused much more on what exactly Libra is and saw regulators speaking in a surprisingly positive manner about Bitcoin. дальше »
2019-7-18 00:08
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US Congressman: You Can’t Kill Bitcoin, Libra And Others Trying to Mimic
All eyes are on Bitcoin, Facebook’s Libra, and the entire cryptocurrency market this week, following a tweet from the United States President Donald Trump, a Senate hearing on Libra, and an abundance of financial industry chatter as the crypto market takes its first steps towards serious regulation and legitimacy. дальше »
2019-7-18 23:00
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Crypto dip follows political pushback against Facebook's Libra
David Marcus, head of Calibra, was grilled at a Senate Banking Committee hearing yesterday following pushback against the Libra from both sides of the political aisle. The market responded with a sharp sell-off, with BTC dropping below $10,000. Is the US turning bearish on crypto? дальше »
2019-7-18 23:00
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