Facebook’s Libra is not Welcome in Australia According to RBA

2020-1-10 22:00

The Reserve Bank of Australia has serious doubts about Libra’s success within the nation. In an article published by afr. com on January 9, the RBA sustains that even if it meets all regulatory requirements, there won’t be enough demand for domestic payments in the stablecoin. origin »

Libra Credit (LBA) на Currencies.ru

$ 0.0002231 (+0.00%)

Объем 24H $496

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Источник: btcmanager.com

australia libra → Результатов: 14

Australian Central Bank says “Nah, mate” to Facebook’s Libra

The Reserve Bank of Australia (RBA) says Facebook’s digital currency, Libra, should not be allowed to launch in Australia without being heavily regulated. It does not believe there will be enough demand to merit the effort required to introduce the currency to Australia.

2020-1-21 18:00	BNC insights
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Reserve Bank of Australia Looks To Deny Cryptos Like Facebook’s Libra Until Regulations Are Met

When it comes to Libra and the viability of central bank digital currencies (CBDCs), the Reserve Bank of Australia (RBA) has announced it has serious doubts. RBA officials said in December last year they don’t believe cryptocurrencies will ever take the place of money issued by governments.

2020-1-9 20:58	Legal & Regulation
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RBA to Block Facebook’s Libra in Australia

Australia is the latest country to reject Libra — Facebook’s proposed digital currency payment project. The country’s central bank also says sovereign digital currencies are unnecessary given that commercial banks already have working electronic payment solutions.

2020-1-9 18:00
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Australians Won’t Use Libra, Believes Central Bank

Reserve Bank of Australia officials are not yet convinced cryptocurrencies offer benefits over and above traditional means of payment.

2020-1-9 16:00	Stablecoins
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Facebook's Libra won't be allowed, even if regulated: Australia's RBA

The Reserve Bank of Australia (RBA) has now confirmed that it is mulling over the digital version of the Australian dollar, a digitized currency commercial banks and other corporates across the countrThe post Facebook's Libra won't be allowed, even if regulated: Australia's RBA appeared first on AMBCrypto.

2020-1-9 14:24	Trading View
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Jack Dorsey Confirms Twitter’s Disinterest In Making A Stablecoin Like Facebook’s Libra

Twitter’s founder and CEO Jack Dorsey has confirmed that he doesn't intend to launch a cryptocurrency while on a trip to Australia to promote Square, the other publicly traded company which he co-founded.

2019-9-8 18:14	Jack Dorsey
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Facebook’s Libra Continues To Receive Worrisome Outlooks From Global Finance Regulators

Libra, the cryptocurrency project headed by Facebook and the Libra Association, is getting heat from several privacy and data protection regulators around the world. According to recent reports made by The Block Crypto, regulators from countries such as the United States, Canada, United Kingdom, Australia and the European Union are all concerned about Libra and […]

2019-8-7 22:35	Facebook
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Facebook, stop trying to make Libra happen

Just when we thought Facebook’s Libra couldn’t be subject to any more scrutiny, it turns out that data protection bosses from all over the world have banded together to share concerns about the ‘cryptocurrency’s’ potential privacy risks.

2019-8-6 14:49	hard fork
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Facebook’s Libra is proof that Big-Tech can go toe to toe with Big Banks, claims US Senator

By the look of things, Libra will be attracting more regulators than customers. Facebook’s foray into the cryptocurrency world began last month when Libra was unveiled and lawmakers across the world lost it.

2019-7-13 10:00	News
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The TIE Publishes Study About Crypto Sentiment All Over The World; Bitcoin and Libra Lead the Way

Do you know which countries are the ones that are most positive on Bitcoin? New research made by The TIE, a crypto trading platform, was recently posted on Twitter. 10/ The Netherlands is actually the country with the second most #Link conversations, followed by the UK, Australia, Canada, and Denmark. Turkey which has the fourth […]

2019-7-5 20:12	Bitcoin Innovation
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XRP to “Moon Ultra Hard” as Facebook’s Libra “Catalyzing” Partnerships for Ripple

Ripple CEO, Brad Garlinghouse recently while speaking at Fortune’s Brainstorm Finance Conference in New York, praised Facebook’s Libra. Earlier this week, Facebook unveiled its “stablecoin Libra” that industry experts said is not really a blockchain.

2019-6-23 18:11	Ripple (XRP)
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‘Don’t Hold Your Breath:’ Australia’s Central Bank Chief Bearish On Libra

Australian regulators don't expect Libra to gain much traction in the land down under.

2019-6-22 01:00
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Australia’s Central Bank Chief Wants To Bury Some Of The Hype Around Libra

Australia’s central bank chief, Philip Lowe, believes that even after the release of Facebook's Libra cryptocurrency, it will be a long time before the Libra "becomes something we're using all the time."

2019-6-21 19:17	World
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Australia: Cryptocurrency unlikely for retail payments, Facebook or not

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	hard fork
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Hyperliquid fee generation could explode in 2025, expert says

HyperLiquid, the recently launched layer-1 blockchain and decentralized exchange, could outpace rivals in terms of fee generation in the next year, Syncracy Capital co-founder Ryan Watkins says. The DEX platform for perpetual futures has, in the past few days, attracted…

National Bank of Cambodia to allow banks to process cryptocurrencies for the first time

The National Bank of Cambodia has given commercial banks and payment firms permission to provide crypto-related services, but not for Bitcoin and other unbacked tokens. According to the Phnom Penh Post, the NBC formally declared the decision to allow banks…

LATAM crypto trends 2024: Brazil regulates stablecoins, Colombia ranks fifth in crypto adoption

In 2024, Latin America has shown surprising growth in the cryptocurrency sector. Colombia, for example, has risen to fifth place in the region of cryptocurrency adoption. However, the region’s diverse legal frameworks have created “grey areas” in the regulation and operation of cryptocurrencies throughout Latin America.

Blockchain developer market becomes more centralized post-FTX, data shows

The blockchain developer ecosystem is shifting: fewer developers are entering the space, and experienced developers are dominating the work, Electric Capital’s research report shows. Blockchain developers are key to the crypto industry.

Stablecoins are the “killer use case” for crypto, says experts amid MoonPay and RLUSD partnership

Industry leaders Ivan Soto-Wright, CEO of MoonPay, and Nancy Beaton of Uphold highlight stablecoins as a transformative 'killer use case' for the crypto industry.

Hong Kong pushes forward with stablecoin bill in legislative council

Hong Kong presents a stablecoin bill to solidify its digital asset regulatory framework. At a legislative council meeting on Dec. 18, Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, presented a stablecoin bill in its second reading.…

Stablecoin payments infrastructure firm BVNK raises $50m series B round

BVNK, a stablecoin infrastructure platform founded in 2021, has announced it raised $50 million in its Series B funding round. The platform plans to use the funding to drive the next phase of its business growth, it said in a…

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2020-1-10 22:00

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