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75 Companies Back Facebook Libra’s Competitor Celo
Celo, a competing project to Facebook’s Libra cryptocurrency, has added 50% more new members to its alliance, bringing the total number of supporting organizations to 75. Some Celo members are also supporters of the Libra project, such as Coinbase Ventures, Anchorage, and Andreessen Horowitz. дальше »
2020-5-7 05:15
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British Payments Firm Checkout.com Joins Facebook’s Libra Currency Association
Digital payments processor Checkout.com has become the latest high-profile company to join the Libra Association. Announced on Tuesday, the London-headquartered firm is now part of the digital currency project as it believes Libra is capable of bringing financial inclusion to the billions of unbanked people all over the world. The Libra Association Onboards A New […] дальше »
2020-4-29 21:16
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Libra and CBDC's are 'entirely irrelevant' and pose no threat to Bitcoin
Facebook's Libra is back in the news. The revamped version is going to be linked to individual national currencies and overseen by global watchdogs and with this move, Libra plans to win over the regThe post Libra and CBDC's are 'entirely irrelevant' and pose no threat to Bitcoin appeared first on AMBCrypto. дальше »
2020-4-26 18:00
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Libra's 80% backing by short-term govt securities may result in lower yields. Here's why
Facebook's Libra improved plan was based on a better understanding of the regulators from around the world. The largest stable coin project that initially aimed at releasing a multi-currency, proof-ofThe post Libra's 80% backing by short-term govt securities may result in lower yields. Here's why appeared first on AMBCrypto. дальше »
2020-4-23 00:00
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As Libra pivots, members jump ship for Celo
When Libra was first announced in June 2019, it was pitched as a global digital currency pegged to a basket of bank deposits and short-term government securities. These assets were to be denominated in a range of historically stable international currencies, including the dollar, pound, euro, Swiss franc and yen. дальше »
2020-4-24 00:00
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Congresswoman Addresses Libra’s Latest Whitepaper: ‘Too Many Questions Unanswered’
A U. S Congress lawmaker, Rep. Sylvia Garcia, called out Libra following the latest changes implemented in its new updated whitepaper claiming the changes do not address the concerns raised during the hearing. дальше »
2020-4-19 00:50
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Facebook backs off from single global stablecoin
Libra Association rethought the business model of stablecoin Libra amid tight confrontation with national regulators. Now Libra is planned to function as a digital version of several fiat currencies and only after receiving appropriate approvals of the country's authorities. дальше »
2020-4-21 23:13
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Libra Association Waters Down Libra’s Core Model to Address Regulatory Concerns
The Libra Consortium has made new updates to the white paper detailing amendments to the original premise, which include the introduction of a number of stablecoins pegged to different fiat currencies as against its initial model, among other changes, in response to concerns expressed by regulatory bodies. дальше »
2020-4-18 12:00
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US Lawmaker Calls Libra’s Revamp Insufficient
Rep. Sylvia Garcia's comments suggest libra's roots as a Facebook initiative remain a political liability despite the consortium's steps to sate critics. дальше »
2020-4-19 12:00
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Libra Association Concedes to Regulators, No Longer Permissionless
The Libra Association has changed its proposed model to put global regulators at ease. But will the move help quell concerns? Sovereign Stablecoins In Originally, Libra planned to create a...The post Libra Association Concedes to Regulators, No Longer Permissionless appeared first on Crypto Briefing. дальше »
2020-4-19 18:37
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United States' alliance with 'dollar-backed' Libra could have taken on digital Yuan
The Federal Reserve's unlimited bond-buying and dollar printing plans don't seem to be going well. The unemployment rate in the U.S has continued to rise and the onset of COVID-19 has shaken the entirThe post United States' alliance with 'dollar-backed' Libra could have taken on digital Yuan appeared first on AMBCrypto. дальше »
2020-4-11 14:30
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Bitcoin or Libra Best Shot at ‘Super-Sovereign’ Money, Says OKEx CEO
Jay Hao says the global monetary system is broken and needs restructuring. The chief executive at OKEx believes a “super-sovereign” currency, like Bitcoin or Libra, offers the most hope for a more balanced system. дальше »
2020-4-5 17:19
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Continuous Custody - Speed and stability in uncertain times
Diogo Monica is the president and co-founder of Anchorage, the leading crypto custodian for institutional investors. Anchorage was selected as a founding member of the Libra Association and recently completed a $40m Series B fundraise, led by Visa. дальше »
2020-3-27 04:00
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IOSCO Report: Stablecoins May Fall Under Securities Regulations In Certain Circumstances
The report was published on March 23 and shed more light on the legal uncertainty around stablecoins. IOSCO highlighted an example that sounds pretty similar to Facebook’s Libra. According to the summary, if an entity runs its own stablecoin on a private blockchain with a unique form of governance, then the asset falls under securities […] дальше »
2020-3-26 17:30
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Celo Alliance Is out to Challenge Libra, Hoping for Less Red Tape
As Facebook’s Libra members flock to the Celo Alliance project, Cointelegraph unpacks its goals and specs to figure out why
дальше »2020-3-23 20:40
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Facebook's Libra 'isn't all that different from other cryptocurrencies'
Facebook's Libra has been fraught with controversies. From partners withdrawing from the Libra association to Senate hearings on the project, questions like 'When's the project launching', 'Is it eveThe post Facebook's Libra 'isn't all that different from other cryptocurrencies' appeared first on AMBCrypto. дальше »
2020-3-16 01:00
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Celo Alliance’s Efforts Supported by Libra Members
An effort to provide credit and facilitate payments for humanitarian aid has found the backing of large institutions such as a16z, Bison Trails, and Anchorage. Bloomberg reports that this may be a contingency plan if Libra goes awry, but the two initiatives don’t have much in common, March 12, 2020. дальше »
2020-3-13 20:00
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Facebook's Libra will take crypto into next phase: Epistrophy Capital's Johnson
2019 was all about Facebook's announcement regarding its plan to launch its own crypto-project, Libra, the following year. Three months into 2020 and Libra hasn't seen the light of day; not a surpriseThe post Facebook's Libra will take crypto into next phase: Epistrophy Capital's Johnson appeared first on AMBCrypto. дальше »
2020-3-7 00:30
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Even Facebook Seems Unsure About the Libra now
Ever since Facebook announced the Libra, there have been numerous concerns regarding the project. It now appears that some changes may be in order after all. In theory, the Libra is designed to be a digital currency. дальше »
2020-3-6 02:00
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Facebook Plans to Redesign Project Libra Due to Regulatory Hurdles
Facebook and the Libra Association are making plans to redesign project Libra in a bid to scale the ending regulatory hurdles that have plagued the global crypto project. Sources say the proposed Libra network may function as a payments network, supporting other cryptocurrencies including central bank digital currencies (CBDCs), reports Bloomberg on March 4, 2020. дальше »
2020-3-4 18:00
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With New Members Libra Still Isn’t a Threat to Bitcoin, Here’s Why
Recent new members to the Libra Association look set to contribute capital, potential user bases, and technical expertise to help the project win favour with regulators. Yet, contrary to what you might have heard, Libra really isn’t a threat to Bitcoin. дальше »
2020-2-27 01:00
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Prime Broker Tagomi Becomes 22nd Member of Facebook’s Libra Association
Tagomi is joining the Libra Association. дальше »
2020-2-27 22:41
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Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook
Facebook’s coin project, Libra, continues to draw attention despite setbacks, including a shrinking pool of backers and a growing number of worried regulators. But now with JP Morgan seeing potential for the social network’s cryptocurrency and e-commerce giant Shopify joining the Libra Association, its chances might have improved. дальше »
2020-2-24 05:50
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Top VC goes “super long” on Facebook’s Libra crypto after this partner joined the network
Facebook’s crypto initiative – dubbed Libra – captured the attention of the world last year, with a plethora of prominent companies signing on to be part of the “Libra Association. ” The massive launch of this initiative unsurprisingly drew the ire of government officials, including the U. дальше »
2020-2-23 05:23
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Shopify Becomes Latest Member of Facebook Libra Association
E-commerce giant, Shopify, has become the newest member of the Libra Association, following the departure of some members. While this may be a win for Facebook’s Libra Association, the status of the Libra stablecoin remains cloudy. дальше »
2020-2-22 22:00
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Shopify Joins Facebook-led Libra Association To Help Build Stablecoin Payment Network
E-commerce platform Shopify has announced that it has joined the Libra Association. This means that the online shopping firm is the latest entrant of the Facebook-led stablecoin project. The entry of Shopify into the association comes barely a month following Vodafone’s pull out with the aim of developing its solo virtual payments platform. This marks […] дальше »
2020-2-22 20:48
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EU Official: We Can’t Regulate Libra Without More Details
The European Union is still trying to figure out what to do about Libra, according to a new memo. дальше »
2020-2-20 23:03
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Why Bison Trails Is Staying the Course on Libra
"When we joined the Libra Association, it wasn't like, 'Oh, hey, Facebook is doing something let's join.' It's really about the difference we're making in the world," said Bison Trails' Viktor Bunin. дальше »
2020-2-18 20:00
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Facebook's Libra has instigated fear of central banks losing monetary policy control
Discussions around Facebook's Libra seem to have dialed down a bit lately. However, all the attention that was once given to Libra seems to have extended to Central Bank Digital Currencies (CBDCs) nowThe post Facebook's Libra has instigated fear of central banks losing monetary policy control appeared first on AMBCrypto. дальше »
2020-2-15 21:30
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We Left Facebook Led Libra Association Due Lack Of Transparency: MasterCard CEO
MasterCard’s Chief Executive Officer has said the payment processor abandoned the Libra project, which was led by Facebook after realizing that there were some issues regarding its business model as well as some revolving regulatory compliance. дальше »
2020-2-3 20:01
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Facebook's Libra will hit central banks hard: Andreas Antonopoulos
Discussions around the launch of Facebook's proposed stablecoin, Libra, have been going around for quite a while now. However, Libra's introduction has also precipitated a race where nations across thThe post Facebook's Libra will hit central banks hard: Andreas Antonopoulos appeared first on AMBCrypto. дальше »
2020-2-3 15:00
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Former PBoC Gov Tells China To Join Global Regulation Conversation For Libra Stablecoin
Former People’s Bank of China Deputy Governor, Min Zhu, insisted on the importance of China joining other nations in the global discussion on how to regulate Libra cited an article emanating from the South China Post. дальше »
2020-1-29 17:10
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Ex-PBoC Governor Urges China to Join Global Conversation on Libra
A former senior official with the People’s Bank of China (PBoC) believes the nation should join a global conversation about regulating stablecoins, with a particular focus on the Libra stablecoin. дальше »
2020-1-29 00:00
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China Advised to Slow Down Its Pace on National Digital Currency
With China reportedly speeding up the development of its national currency, the digital yuan, some researchers and government officials have called on the Chinese government to exercise caution. While Facebook’s Libra might be a threat, there are suggestions that the government should instead work with global regulatory bodies to regulate cryptocurrencies such as Libra. дальше »
2020-1-28 12:00
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Facebook's Libra is building governance model to disrupt remittance sector
The contentious Libra project has been 2019's biggest story. It is not the only one that aims to revolutionize the remittance sector, which is ripe for disruption. According to the latest stats, thThe post Facebook's Libra is building governance model to disrupt remittance sector appeared first on AMBCrypto. дальше »
2020-1-28 10:00
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Will China Regulate the Libra or ban it Altogether?
China’s stance on cryptocurrencies and digital assets seemingly hasn’t changed much. However, when it comes to handling Facebook’s Libra, battle lines may be drawn fairly soon. More specifically, the central bank is closely monitoring this situation. дальше »
2020-1-28 07:00
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Facebook's Libra Association vice-chair: need to get three things done before launch
"Libra, invariably because of the potential scale of the project, has been a force multiplier of changing the scope of the conversation.", said Libra Association vice-chair, Dante Disparte. Libra dThe post Facebook's Libra Association vice-chair: need to get three things done before launch appeared first on AMBCrypto. дальше »
2020-1-28 01:30
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