Facebook’s Diem stablecoin is an existential threat to traditional banking

Facebook’s Diem stablecoin is an existential threat to traditional banking
ôîòî ïîêàçàíî ñ : cointelegraph.com

2020-12-6 20:17

Stablecoins are an integral part of the future of the financial system. And Facebook’s Diem, formerly Libra, is part of that future.

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Facebook Libra (LIBRA) íà Currencies.ru

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facebook future diem part financial formerly libra

facebook future → Ðåçóëüòàòîâ: 125


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German Banks Remain Skeptical of Libra, Won’t Ban It

For the better part of two months, Facebook has been in the fight to save Libra, its stablecoin project, from being shelved by regulators both at home and abroad. Concerns over a wide array of things (including money laundering and customer protection) have put the future of the asset in jeopardy, with the latest of […] The post German Banks Remain Skeptical of Libra, Won’t Ban It appeared first on BeInCrypto.

2019-11-12 03:36


Ôîòî:

Libra, Stablecoins Should Be Regulated as Securities, Says Global Trading Regulator

For months now, Libra, the stablecoin project from Facebook, has been mired in one controversy or the other. However, a new report could throw the asset’s future operation into further disarray. On November 4, popular news medium Reuters reported that the International Organization of Securities Commissions (IOSCO), a global securities and futures trading regulator, is […] The post Libra, Stablecoins Should Be Regulated as Securities, Says Global Trading Regulator appeared first on BeInCrypto.

2019-11-5 07:06


Ôîòî:

Facebook’s ‘cryptocurrency’ Libra unveils official backers, but its future is still uncertain

Facebook has managed to officially sign up 21 organizations to its Libra Association following several high-profile departures from its controversial ‘cryptocurrency’ project. According to a press release, Andreessen Horowitz, Ribbit Capital, Spotify, Coinbase, Uber Technologies, Vodafone, and Xapo are among those who signed the Libra Association’s charter.

2019-10-15 12:33


Zuck says Facebook will never curb offensive content — but vows to protect its moderators

For the past five years, we’ve heard countless reports on how hard content moderation really is, and moderators at social networking giant Facebook could have it the toughest. Earlier this year, The Verge’s Casey Newton published an article titled “The Trauma Floor” which revealed the secret lives of Facebook moderators in America, and more specifically, the harrowing conditions these employees were tasked with on a daily basis.

2019-10-1 17:06


PayPal is reportedly wary of Libra’s future

International news agency Agence France-Presse (AFP) has reported that PayPal is being quite cautious regarding the future of Facebook’s proposed cryptocurrency project, Libra. On the company signing on to the Libra Association, Gabrielle Rabinovitch, Investor Relations VP, PayPal, said: “It’s a non-binding commitment, and obviously, I think there’s a lot of work to happen before […] The post PayPal is reportedly wary of Libra’s future appeared first on AMBCrypto.

2019-9-14 12:00


Ôîòî:

Total Surveillance Coin Will Be a Dystopia if Controlled by Facebook or Government

Digital currency provides unprecedented abilities to spy on and control what people do, and having that power in the hands of a few people is very dangerous. The Big Tech monopolies of Silicon Valley are building a future where your every action is monitored, and giving Facebook control over what you can and can’t do […] The post Total Surveillance Coin Will Be a Dystopia if Controlled by Facebook or Government appeared first on Bitcoin News.

2019-9-10 16:10


The Evolution Of Financial Systems: Did Bitcoin Get Its Start In The 1970s?

Cryptocurrencies and decentralized systems are regarded as the future of financial systems, and as these digital assets grow in number and popularity, the possibility becomes stronger. Bitcoin, the leading cryptocurrency, has regained its dominance on the markets and social media giants such as Facebook and Telegram have plans to launch cryptocurrencies of their own. Fiat […]

2019-9-5 17:49


Bitcoin Price Plummets Under $10K As Lawmakers Take on Facebook’s Crypto

Over the weekend, United States President Donald Trump tweeted about Facebook’s Libra cryptocurrency and expressed his negative thoughts about the corporation’s idea of the future of money. He also made comments about Bitcoin, and the entire emerging financial asset class of cryptocurrencies, and spoke of their “unlawful” usage in activities like cybercrime, ransomware, and money […] The post Bitcoin Price Plummets Under $10K As Lawmakers Take on Facebook’s Crypto appeared first on ZyCrypto.

2019-7-17 23:27


US Committee Plans to Ban Facebook Cryptocurrency Libra

The House Financial Services Committee in the United States is set to discuss the future of Facebook’s upcoming cryptocurrency, Libra, on Tuesday. The head of the committee, Democratic Congresswoman Maxine Waters, last week proposed legislation which details rules that would ban Facebook and other technology firms from developing and launching financial services.

2019-7-16 15:00