2019-12-28 12:28 |
According to Switzerland’s president the assets backing Libra need to change for the stablecoin to be approved
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President of the Deutsche Bundesbank Jens Weidmann recently called on banks to come up with cheaper and faster methods for money transfers to counter Facebook's stablecoin, Libra. However, that wasn'tThe post Libra's pros, cons must be rightly weighed: Deutsche Bundesbank President appeared first on AMBCrypto.
2020-1-3 16:16 | |
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Ueli Maurer, Swiss President and the member of the Swiss Federal Council, recently called out Facebook's Libra, stating that it has "failed in its current form" and that the project needs to be reworkThe post Swiss President: Libra needs to be reworked for approval appeared first on AMBCrypto.
2019-12-28 13:00 | |
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Ueli Maurer, the leader of the one of the crypto-friendliest countries, thinks that Facebook's Libra has no chance to succeed in its current form
2019-12-28 22:42 | |
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Christine Lagarde, the newly named European Central Bank’s (ECB) president, said she’s concerned Facebook is going to use its social media platform for promoting the Libra and eliminating any competition.
2019-12-21 21:49 | |
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While many enthusiasts offer a bullish assessment of the future of cryptocurrencies like bitcoin and the ways it can be used to replace or supplement fiat currency, the coins have received mixed reactions from central banks across the globe.
2019-11-14 19:58 | |
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Social media platform, Facebook's cryptocurrency project, Libra would take decades and not years to go viral, said Calibra's Vice President of Product, Kevin Weil. However, the regulatory pressure surThe post Ripple's CEO believes that Facebook currently has a trust deficit appeared first on AMBCrypto.
2019-11-8 23:30 | |
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Kevin Weil, the vice president of products at Facebook’s subsidiary Calibra, has recently talked about the expansion of the main project of the company. According to him, the Libra stablecoin may take years, if not decades, to “catch on”.
2019-11-6 02:01 | |
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Last week, Chinese President Xi Jinping praised blockchain while the congress passed a new cryptography law in a bid to develop a state-backed digital currency. Crypto enthusiasts expect that China’s revival will convert into a big hope for Libra amid general FOMO.
2019-10-30 14:00 | |
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Crypto markets have had one of their best performing weekends this year and the momentum is all coming from the same place. Chinese crypto assets are surging at the moment following recent comments by President Xi and new cryptography legislation to promote blockchain technology.
2019-10-28 08:31 | |
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Another week, another round of Crypto Tidbits. What a week for Bitcoin (BTC). Over the past seven days, the cryptocurrency market has incurred massive volatility as Bitcoin has found itself at a crossroads between a resumed macro uptrend and a redux of 2018’s “Crypto Winter.
2019-10-26 22:00 | |
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Facebook’s Libra, according to the president of a European think tank, might not get approved for its launch next year but it could definitely spur the creation of a different digital global currency.
2019-10-25 16:26 | |
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As if to prove Zuckerberg right in his reasons to move ahead with Libra, President of the People’s Republic of China Xi Jinping has promised extra funding for blockchain. He called the technology “an important breakthrough” for independent innovation.
2019-10-25 15:56 | |
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According to President Vladimir Putin's special representative for IT, Dmitry Peskov, if Libra launches without sufficient control measures, “the likelihood of Facebook being blocked” will increase in Russia.
2019-10-23 19:26 | |
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A Russian government official says the nation will ban Facebook if the US decides to block the company’s Libra cryptocurrency. Putin Aide: Ask US About Libra Speaking to reporters on Oct. 22, Dmitry Peskov, President Vladimir Putin’s special representative for IT confirmed his official position on Libra, as well as Telegram’s prospective cryptocurrency, Gram.
2019-10-22 15:00 | |
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Anyone who has been paying attention shouldn’t be surprised to hear that Facebook’s Libra stablecoin project isn’t in the greatest of places. After all, Libra just lost some of its key members, eBay and MasterCard, among others, as BeInCrypto has previously reported.
2019-10-21 03:18 | |
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The Financial Action Task Force [FATF], an inter-governmental organization that has pledged to combat money laundering and terrorism funding, has stated that Facebook and its stablecoin, Libra, would be subject to global standards on cryptocurrencies and traditional financial assets, according to reports.
2019-10-18 15:30 | |
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Rob Kaplan, President of the Fed Reserve in Dallas, and a former executive at Goldman Sachs is the latest to come out in support of digital currency. This comes at a time when regulators are keenly looking into how cryptocurrencies like Bitcoin and Libra might disrupt the financial systems. While speaking at an event in […]
2019-10-17 18:43 | |
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Facebook’s entry into the cryptospace with its native cryptocurrency, Libra, has put Bitcoin and other cryptocurrencies in the spotlight. Several financial watchdogs across the world have now acknowledged the presence and widespread use of cryptocurrencies.
2019-10-7 09:25 | |
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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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One major flaw with Facebook’s plan to create a digital currency, according to Marcus Treacher, Ripple’s senior vice president of customer success, says is that it is a “walled garden.” The term that means a closed system has been applied to top companies like Facebook (FB) and Apple (APPL) in reference to the control they […]
2019-9-29 04:48 | |
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September 27, Frankfurt. Mario Draghi, European Central Bank (ECB) president, states that he is of the opinion that cryptocurrencies and stablecoins are not designed to be an adequate replacement of money.
2019-9-28 16:18 | |
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The outgoing president of the European Central Bank (ECB) believes that so far crypto assets have had few implications for existing monetary policy. However, Mario Draghi believes that this could change in the future.
2019-9-28 23:00 | |
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Ripple senior executive Marcus Treacher says the company’s crypto network is better than Libra calling Facebook’s digital currency a “walled garden. ” Ripple is Better than Libra Speaking to CNBC, Treacher — senior vice president of customer success at Ripple, said Libra had a fatal flaw in its architecture.
2019-9-27 11:30 | |
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Jennifer Bailey, the vice president of Apple Pay, said that Apple was keeping an eye on digital currencies. In an interview with CNN, Bailey said that the company thought cryptocurrencies “were interesting” and that they had “long-term potential.
2019-9-7 18:00 | |
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2019 has been an incredibly important year for digital currencies. The collective cryptocurrency market broke away from the bearish winter and digital assets have again started to gain attention from various financial institutions and personalities.
2019-9-7 16:00 | |
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The biggest topic of discussion around the crypto space in recent weeks has been the United States and the sudden negative stance it has taken against Bitcoin and cryptocurrency ever since Facebook Libra came into the limelight and shook up the space.
2019-8-7 23:00 | |
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All last month, the positive sentiment surrounding Bitcoin, crypto, and even Facebook Libra turned negative after United States President Donald Trump made some negative tweets about the digital asset class and its illicit use in criminal activities such as money laundering, cybercrime, drug trade, and more.
2019-8-3 23:00 | |
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In the age of Trump, all it takes is a single tweet to move the stock market. And the president may have done just that when he launched a tripartite attack on Facebook’s Libra cryptocurrency. Facebook Stock Can’t Shake the Trump Dump Facebook stock has remained trapped in a holding pattern since Trump gave Mark […] The post Trump’s Libra Slam May Have Kneecapped Facebook Stock appeared first on CCN Markets
2019-7-28 20:38 | |
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Oki Matsumoto, President of Monex Group, a Japan-based financial services company backing the Coincheck cryptocurrency exchange, is interested in participating in Facebook’s Libra cryptocurrency project and has submitted an application to that effect, according to a Reuters Japan report on July 26, 2019.
2019-7-28 23:00 | |
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Japan’s established online brokerage, Monex Group Inc. has supposedly applied to onboard the Libra Project’s list of partners, with the anticipation of becoming the next to join the association, reports Coin Desk.
2019-7-26 20:08 | |
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CZ Unfazed by Trump’s Crypto Roast Two weeks back, the crypto market saw a historic event: both Bitcoin and Libra were mentioned in name by the sitting American President. Surprisingly enough, Donald Trump’s thoughts, or his administration’s thoughts rather, weren’t...
2019-7-25 22:00 | |
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Brad Garlinghouse, Ripple Labs CEO, has in the past not shied away from expressing his opinions about the crypto-space. Following the infamous tweetstorm by the US President and the disdain comments made by the US Treasury Secretary Steven Mnuchin about bitcoin and Libra, Brad responded via a series of tweets.
2019-7-24 11:40 | |
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During the G7 meeting in France last week, Jens Weidmann, president of Bundesbank, Germany's central bank, came out in favor of Facebook's Libra project, noting that regulators should not work to suppress innovation before clarifying details can be provided.
2019-7-23 19:13 | |
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Concerns relating to the cryptocurrency space have found a new dimension. Trump’s Twitter rant on the same while being highly criticized, also raised the profile of the cryptocurrency market.
2019-7-21 02:30 | |
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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.
2019-7-20 20:40 | |
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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.
2019-7-22 20:00 | |
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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.
2019-7-21 20:00 | |
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All this week, the crypto market has been under a microscope both by politicians with regulatory power, and throughout the entire crypto community hoping to determine what long-term implications Facebook’s Libra will create for Bitcoin now that policymakers are up in arms over the asset class.
2019-7-20 04:01 | |
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According to Mati Greenspan, Libra has garnered some support at long last, and from an unlikely figure no less. Citing a recent article, which he translated via Google, the eToro analyst noted that the President of the Bundesbank, the central bank of Germany, lauded the Facebook-backed crypto project.
2019-7-19 13:30 | |
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As regulators pine over the safety of Libra, recent crypto-related crimes are sure to keep them on edge. New Jersey Attorney General Gurbir Grewal filed a lawsuit on Wednesday against Princeton-based company, Pocketinns Inc.
2019-7-20 13:20 | |
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Fundstrat Lead Analyst Thomas Lee shared his worst nightmare on Twitter and it involved the U. S. President placing a ban on Bitcoin. Is Libra Dragging Bitcoin Down? As the US Congress and Senate hearings on Facebook’s Libra cryptocurrency wrapped up, members of the Trump administration shifted their gaze onto Bitcoin and cryptocurrency as a whole.
2019-7-19 09:32 | |
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This week, the crypto market has been turned upside down after United States President Donald Trump tweeted about Facebook Libra, Bitcoin, and crypto. The tweet heard ‘round the world in the crypto space started a domino effect with nearly every US politician and regulatory body making comments about the digital asset class.
2019-7-18 18:37 | |
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Bitcoin has been in the spotlight lately after a tweet from U. S. President Donald Trump where he expressed his views on cryptocurrencies, stating that he was “not a fan” of Bitcoin and that its value was highly volatile and based on thin air.
2019-7-18 15:55 | |
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While President Trump tears down Bitcoin and Libra, Ron Paul, a former Congressman and US presidential candidate think crypto is a good idea. The post No, Cryptocurrencies A Great Idea Says Former Congressman Ron Paul appeared first on Ethereum World News.
2019-7-18 11:30 | |
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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.
2019-7-18 23:00 | |
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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 | |
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There seems to be a pattern of statements about Bitcoin and cryptocurrency recently, starting with President Donald Trump. Although the comments have been mostly negative, Bitcoin is getting a thumbs up from U.
2019-7-17 21:10 | |
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Everyone enjoys a nice surprise. However, it won’t be surprising if Facebook and Libra have a different outlook on “surprises” at the moment. Over the span of 7 days, Libra has faced dire criticism from not just many in the cryptocurrency community, but also the President of the United States, and the Chairman of the […] The post U.
2019-7-16 17:00 | |
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Libra’s regulatory mess is only getting started. In the past week, United States’ Federal Reserve Chair, Treasury Secretary and even the President have come out in vocal opposition to Libra.
2019-7-16 16:30 | |
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The SEC has disbursed $4.6M to investors in BitClave’s failed 2017 ICO, addressing securities violations and ongoing restitution for claimants. The post SEC Distributes $4.6 Million to BitClave ICO Investors After Lawsuit appeared first on BeInCrypto.
President Donald Trump and his team inched closer to assembling a crypto council as promised to the digital industry and a new office at the White House. Trump’s transition team is evaluating candidates to lead a first-of-its-kind crypto office in…
The SEC delays its decision on Franklin Templeton's Bitcoin and Ethereum ETF, extending the deadline to January 6, 2025. The post SEC delays decision on Franklin Templeton Bitcoin & Ethereum index ETF appeared first on Crypto Briefing.
Trump's team is considering a new White House crypto role to manage policy and regulation with direct presidential access. The post Trump team considers creating first White House crypto role appeared first on Crypto Briefing.
Gary Wang avoids prison after pleading guilty in FTX fraud case. His testimony aided the conviction of Sam Bankman-Fried. The post Former FTX CTO Gary Wang avoids prison time for role in crypto fraud appeared first on Crypto Briefing.
Japan Prime Minister Shigeru Ishiba promises to include discussions of tax cut proposals from the opposition party in his economic stimulus package, involving tax cuts for gasoline and crypto assets.
The Reserve Bank of India prioritizes the long-term potential of central bank digital currencies but is holding off on a full rollout until its effects are better understood. India‘s central bank is taking a measured approach to launching a central…