2019-6-28 19:20 |
Countries within the eurozone could have an instant payments system implemented across all banks by 2020 as finance industry officials fear competition with Facebook's Libra cryptocurrency.
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Coinspeaker ECB Exec: Libra Could Address Global Payments System ProblemsECB Board Member Benoit Coeure has warned that private stablecoins like Libra are posing big risk to the monetary sovereignty, however, they can also solve some of the burning issues.
2019-9-26 11:00 | |
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Facebook is advertising job offers for a cryptocurrency wallet data engineer and regulatory policy expert as it moves forward with its plans for the Libra project. Meanwhile, stakeholders across the cryptocurrency and mainstream finance industries, as well as government officials, continue to express concerns about the company’s foray into the world of cryptocurrency payments.
2019-6-25 15:00 | |
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Coinspeaker US Congress Calls For Second Hearing on Facebook’s Libra in JulyThe chairwoman of the House Financial Services Committee Maxine Waters announced that the panel will hold the second hearing next month on Facebook’s plan to develop a cryptocurrency-based payments platform Libra.
2019-6-25 11:04 | |
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In a report published by the Bank for International Settlements, the "bank for central banks" asked that regulators keep banks in mind when they update and create new financial rules as Facebook and other tech companies enter the payments and custody business.
2019-6-24 19:01 | |
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Zcash, the privacy-centric cryptocurrency project, swiftly stole the Libra’s limelight and switched the debate from payments and fiat-backing to blockchain technology and scalability. Lofty ambitions of Zcash aside, the Electric Coin Company’s [ECC] new blockchain has not convinced everyone in the community just yet.
2019-6-24 16:30 | |
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It’s been a week since Facebook’s entry into the cryptocurrency and payments world was announced. Since then, a lot has happened. From the Libra lead, David Marcus, talking about shared internal governance control over the cryptocurrency, to the regulatory uncertainty the crypto may face with politicians around the world taking a shot at the it, […] The post Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks appeared first on AMBCrypto.
2019-6-24 09:55 | |
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Facebook’s announcement of Libra has allowed cryptocurrencies to gain mainstream attention, inadvertently helping Ripple, suggested Brad Garlinghouse during the recent Brainstorm Finance 2019 event.
2019-6-22 19:30 | |
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By CCN Markets: The New York Times suggests that Mark Zuckerberg is making a terrible move with his Libra cryptocurrency. The social media behemoth is certainly not early, but that doesn’t mean it won’t get a proper taste of the punch.
2019-6-21 02:00 | |
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By CCN Markets: Facebook’s cryptocurrency Libra is expected to change the way payments are made across the globe when it launches next year, but there’s one market that the social media giant might be giving a miss – India.
2019-6-21 13:26 | |
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The world is still processing the specifics of Facebook‘s Libra digital currency, but even the Reserve Bank of Australia (RBA) has realized it’s set to rub cryptocurrency purists the wrong way.
2019-6-20 12:38 | |
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By CCN Markets: Facebook’s foray into cryptocurrencies with Libra has met with a ton of mixed reactions. While some are going gaga over the social media giant’s latest effort that’s supposed to enable cross-border payments at the tap of a button, the traditionalists are taking a dim view.
2019-6-21 10:21 | |
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Primed as the “next big thing” in the intersection of the payments and technology industry, Facebook’s foray into the cryptospace took the market by storm, following its unveiling on June 18.
2019-6-19 19:30 | |
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As a Facebook subsidiary, the Calibra wallet will have its own standalone app for Libra holders, and it will be integrated into the Facebook Messenger app and WhatsApp. With the potential for a huge user base, the wallet provider could learn a lot from Facebook's past attempt to get into the payments business with Facebook Credits.
2019-6-19 18:45 | |
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Coinspeaker Facebook Asked to Pause Work on Libra, World Politicians SkepticThe original goals of Libra were decentralizing control of currency and enabling anonymous or at least pseudonymous payments.
2019-6-19 11:55 | |
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What a week it has been for the cryptocurrency industry, with Facebook unveiling its cryptocurrency project, Libra, and Ripple confirming a $50 million investment in MoneyGram. Needless to say, the payments industry will be the prime focus now.
2019-6-18 19:30 | |
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By CCN Markets: Facebook has revealed the white paper for its much-hyped cryptocurrency, “Libra. ” After months of speculation, Facebook outlined the vision for its crypto project and released the testnet for its blockchain.
2019-6-18 12:15 | |
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As global markets collectively hold their breath awaiting the Libra whitepaper, which has the potential to change the face of finance, technology, social media, and payments world as we know it, some are masking their fear in predictions.
2019-6-18 09:15 | |
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In their quest to release their much-awaited cryptocurrency, Facebook has been consistently active in the virtual asset ecosystem over the past few days. Facebook had recently announced the introduction of the Libra Association on June 18th, which was indicated to be the operating unit of Libra crypto.
2019-6-18 00:30 | |
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From PayPal to Coinbase and now Standard Chartered, the Facebook cryptocurrency project aims to have a host of heads working towards Project Libra. With an aim to revolutionize the global payments industry, on the back of the cryptocurrency sector, regulation is firmly in sight.
2019-6-15 15:00 | |
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By CCN: Ripple (XRP) and most other cryptocurrencies should be looking over their shoulders now that Facebook has announced it is launching GlobalCoin (or Libra), according to Bitcoin expert Max Keiser.
2019-6-8 23:20 | |
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By CCN: Facebook’s cryptocurrency ambitions could translate into reality as soon as next year. The BBC reports that the social media behemoth is on track to start testing its bitcoin rival – known internally as GlobalCoin – by the end of the year before its digital payments system comes online across 12 countries in the first quarter of 2020.
2019-5-24 12:29 | |
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Facebook registered its crypto payments project in Geneva under the company name Libra Networks on May 2. According to a just released Reuters report the listing names Facebook Global as… The post Facebook (FB) Registers Secret Libra Crypto Project in Geneva as Data Privacy Concerns Loom appeared first on CoinCentral.
2019-5-24 23:34 | |
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Coinspeaker Facebook Chooses Crypto-Friendly Switzeland for Its New FinTech Arm Libra NetworksFacebook has quietly registered its fintech company dubbed Libra Networks in Switzerland.
2019-5-20 13:01 | |
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By CCN: Facebook has reportedly set up a fintech company dubbed Libra Networks in Switzerland. The move clearly correlates with the social media giant’s Project Libra. According to Reuters, the focus of the fintech is on the blockchain, payments, data analytics, and investing.
2019-5-20 02:00 | |
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By CCN: Facebook’s much-hyped cryptocurrency project, dubbed Project Libra, may launch in India within a matter of months, according to a Bloomberg report. The secretive blockchain project, led by a team of PayPal alumni, is expected to launch a stablecoin for sending peer-to-peer payments to friends and family as well as integrating with major e-commerce players.
2019-5-9 12:49 | |
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Facebook’s stablecoin remains secretive, but new details continue to surface. According to the latest reports, Facebook Coin aims to disrupt the online payments market, potentially rivaling WeChat, Visa, WesternUnion, etc
2019-5-9 09:35 | |
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Coinspeaker ‘Project Libra’: Facebook is Quietly Building Cryptocurrency-Based Payments SystemFacebook CEO Mark Zuckerberg recently hinted that the company is likely to double-down its plans towards e-commerce and online payment systems.
2019-5-3 10:36 | |
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Earlier this week, Switzerland’s Financial Market Supervisory Authority granted a banking and securities dealer license to crypto financial service Sygnum. Now, as the business attempts to become a full-fledged bank in Switzerland, it's looking to obtain a banking license in Singapore.
Bitcoin futures platform Bakkt has announced it will open its Bakkt Warehouse to customers on September 6, allowing them to hold their bitcoin with the firm. With the launch of the warehouse, Bakkt will also begin offering regulated, physically settled bitcoin futures on September 23.
Last Thursday, former Overstock CEO Patrick Byrne announced his resignation as both the head of the online retail giant and a member of its board. With a change in leadership, Jonathan Johnson has taken over as the new CEO, affirming that the company's blockchain-based efforts will continue as planned.
A recent report published by the crypto and blockchain analytics firm TokenInsight suggests that the crypto community's love affair with the initial exchange offering, supposed heir apparent to the initial coin offering, may already be ending after three short months.
Market players told Reuters that US-China trade tensions and a weakening yuan have increased crypto demand among Chinese investors.
Ripple's investment arm, Xpring, recently took part in a $4 million seed round for startup Coil, as well as gifted the fledgling company 1 billion XRP to help build its community.
The Securities and Exchange Commission has delayed its decision regarding three proposed bitcoin ETFs from asset managers Bitwise Asset Management, VanEck/SolidX, and Wilshire Phoenix. All decisions have been pushed to dates in late September and mid-October.