2019-7-8 11:10 |
Benoit Coeure of the European Central Bank has said projects like Facebook's Libra require faster action from regulators.
Similar to Notcoin - Blum - Airdrops In 2024
2019-7-8 11:10 |
Benoit Coeure of the European Central Bank has said projects like Facebook's Libra require faster action from regulators.
Similar to Notcoin - Blum - Airdrops In 2024
Facebook cannot seem to catch a break at the moment. The Menlo Park giant, since unveiling Libra, has been in the eye of the storm. Hailed as the medium to ‘bank the unbanked,’ Libra, in its brief existence, has only managed to enrage the already enraged.
2019-9-17 17:30 | |
Coinspeaker After Visiting Switzerland, US Regulators Remain Worried About Facebook’s LibraFollowing a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra.
2019-8-26 11:09 | |
European Central Bank Executive Board member Benoit Coeure has said that financial regulators across the world must move fast in preparation for the planned Libra’s entry into the financial system, Bloomberg reports.
2019-7-8 17:32 | |
An Executive Board Member of the European Central Bank (ECB), the financial institution responsible for administering monetary policies within the Eurozone, has opined that financial watchdogs across the globe must now fast track the process of regulating bitcoin (BTC) and other blockchain-based digital assets, as more and more institutions like Facebook join the bandwagon, reportsRead MoreRead More.
2019-7-8 13:35 | |
Financial regulators must act fast to prepare for Facebook’s Libra stablecoin, according to European Central Bank executive board member Benoit Coeure
2019-7-8 21:09 | |
In light of Facebook’s upcoming Libra coin, European Central Bank (ECB) Executive Board Member Benoit Coeure is reportedly urging financial regulators to create a viable framework for crypto projects.
2019-7-8 18:10 | |
Michael Casey, CEO of Streambed Media and former Wall Street Journal reporter, with his expertise in covering global finance and economic affairs, spoke about Facebook’s Libra and why it incurred a negative response from the community upon its launch.
2019-7-7 01:30 | |
Ever since the announcement of Libra, it has been the hottest topic of discussion amongst cryptocurrency enthusiasts, banks, tech companies, and regulators. As Europe and the USA struggle to come to terms with Libra, Russia is surprisingly calm on the issue, even confirming that the country doesn’t plan to ban Libra, as reported by Quartz,Read MoreRead More.
2019-7-6 13:00 | |
Libra, at the moment, is the “hot potato” of the cryptocurrency world. Anyone and everyone is leaping onto the Facebook cryptocurrency bandwagon and voicing their ‘expert’ opinion, with views ranging from “it’s going to destroy commercial and central banks,” to “regulators will ensure it crash-lands before it takes off.
2019-7-5 12:30 | |
David Marcus, the head of Facebook's blockchain division, published a column where he responded to the claims regarding the decentralization of Libra and regulators' fears.
2019-7-7 00:56 | |
A petition by consumer groups from the US called for a moratorium on Facebook’s planned digital asset, Libra.
2019-7-4 12:28 | |
The CEO of crypto financial services company Circle has said that Facebook’s Libra digital currency proves that crypto assets are here to stay. Jeremy Allaire also seemed optimistic that the newly-detailed project would be good long-term for Bitcoin.
2019-7-4 00:00 | |
David Marcus, overseer of the Libra project, posted on Facebook that the company is ready and willing to work with world regulators – and that the best part of Libra is that users won't have to trust Facebook.
2019-7-3 21:36 | |
Four members of the House of Representatives sent a letter to Facebook calling for an immediate moratorium on its cryptocurrency Libra, saying both regulators and Congress needs more time to investigate the risk it could pose to the global economy.
2019-7-3 19:16 | |
The list of regulators eyeing Facebook’s cryptocurrency with apprehension keeps growing less than a month since Libra was announced. According to the Nikkei Asian Review, the Bank of Japan is worried that Libra will be a big risk to the existing financial systems as it is hard to regulate.
2019-7-3 15:47 | |
Japan's central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook's Libra cryptocurrency.
2019-7-3 12:00 | |
In a letter written to the heads of five congressional committees, organizations including the Service Employees International Union and the Consumer Federation of America expressed their fears that regulators are not prepared to address the issues Facebook's Libra project presents and that the social networking giant needs to present a fuller picture of its plans.
2019-7-3 00:07 | |
The startup mantra just won't cut it with U.K. regulators.
2019-7-3 23:30 | |
The introduction of Facebook’s Libra and its corresponding whitepaper has hyped regulators left and right, with many in the U. S and E. U asking Facebook to withhold any and all development, until after the regulators had finished analyzing the effects of the digital coin.
2019-7-2 16:30 | |
The world stopped when Facebook decided to reveal the white paper of its Libra project. However, as soon as everybody read it, the first impression was that there were more doubts than actual certainty about the future of the project.
2019-7-2 00:58 | |
If the project is to be truly global, Facebook may need “literally hundreds, perhaps thousands, of licenses from hundreds of different regulators,” said Sean Park.
2019-7-2 21:00 | |
Bitcoin is surging and Libra is shaking up regulators as the globe faces a period of doubt on the economic front.
2019-7-2 07:00 | |
Bankers, government officials, and regulators all over the world are feeling increasingly alarmed by the disruptive capabilities of Bitcoin, cryptocurrencies and blockchain technology. Facebook’s recently launched “cryptocurrency”, Libra, is the latest cause of fury, angst, and fear amongst regulatory bodies.
2019-6-29 22:33 | |
Facebook’s Libra caused a lot of noise in the mainstream media, even getting some regulators to talk about it. Soon, regulators called for Facebook’s crypto-project to be put on hold, until they figured it out.
2019-6-28 17:00 | |
Facebook’s ambitious crypto project Libra is now in jeopardy over doubts that global regulators and some of Facebook’s partners have about LBR
2019-6-27 17:27 | |
The new whitepaper from Facebook provides a lot of information about their new cryptocurrency, and there are countries everywhere seeking to find the best way to handle this cryptocurrency, and Germany is no different.
2019-6-27 01:04 | |
BaFin’s president Felix Hufeld urged regulators not to stand aside on the issue of Facebook’s stablecoin Libra
2019-6-27 19:32 | |
Facebook‘s Libra partners have reportedly signed non-binding agreements, meaning they’re not obliged to promote or use the digital token and can abandon the project if they decide to do so. According to the New York Times, which cites anonymous executives from seven of Facebook‘s partners, some of the companies are being cautious about associating themselves too closely with Libra due to the company’s ongoing issues with regulators.
2019-6-26 11:25 | |
Coinspeaker As Global Regulators Demand More Insights Into Facebook’s Libra, Switzerland Remains CalmFacebook's Libra project is drawing scrutiny from global regulators soon after the announcement last week.
2019-6-26 10:22 | |
Facebook's stablecoin Libra, scheduled for launch in 2020, may carry risks for the global financial system, US and world regulators fear.
2019-6-28 01:08 | |
The launch of Facebook’s new cryptocurrency – Libra – has been met with a lot of mixed reviews. The social media platform left many people in the dark for the last year, but the whitepaper for Libra was released a whole week ago.
2019-6-25 22:23 | |
Speaking at the Crypto Valley Conference in Zug, Switzerland, Thomas Moser, an alternate member of the governing board at the Swiss National Bank, said Facebook's Libra project has yet to sound any alarms for the Swiss National Bank and that the country's regulators are "pretty relaxed" about it.
2019-6-25 19:13 | |
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 | |
By CCN Markets: Maybe you heard the news? Facebook is launching a cryptocurrency called Libra. Cue the endless tweet-storms and Medium posts and think-pieces! Here are some of the most important comments from regulators, blockchain experts, finance analysts, regulators, and Facebook executives themselves.
2019-6-22 19:45 | |
This week has been a very eventful one and mainly because Facebook released the whitepaper for its new digital currency, Libra. The whitepaper release has drawn attention all over the world as Facebook is one of the biggest organizations in the world with over 2 billion users globally.
2019-6-22 11:13 | |
The internet and financial regulators were spewing hot takes on Libra after Facebook released its white paper. With cryptocurrencies, stablecoins, and the future of money on everyone's mind, what can we expect from fiat and digital currency in the future?
2019-6-22 23:53 | |
Ever since Facebook, (the tech giant that taught the world how not to do privacy), unveiled Libra, it has amassed both positive and negative sentiment of both regulators and financial players across the globe.
2019-6-21 14:15 | |
By CCN Markets: A key Facebook executive has admitted that its Libra cryptocurrency was announced early, amid pushback from regulators. Sheryl Sandberg, the company’s chief operating officer, indicated to Bloomberg TV Wednesday that talks are underway.
2019-6-21 12:44 | |
The whitepaper for the Facebook-backed Libra cryptocurrency dropped on June 18th and is being viewed by some market observers as a watershed moment for the space. The project's undeniable reach, significant backing and novel technical design has some excited, however, there are questions surrounding whether regulators will accept the Libra business model and its management of user funds.
2019-6-21 00:00 | |
That didn’t take long – from India, to the US and Europe, regulators are pushing back against Facebook’s Libra cryptocurrency plans. Within a heartbeat of the Libra cryptocurrency announcement, the world’s regulators began signalling: hey.
2019-6-20 14:22 | |
While commenting on the U. S. financial regulator’s crackdown on Facebook’s cryptocurrency Libra, Barry Silbert, Founder of Digital Currency Group (DCG) said it makes him really appreciative of how unstoppable Bitcoin truly is.
2019-6-19 13:42 | |
By CCN Markets: Facebook is already under fire from regulators less than a day after officially revealing its cryptocurrency whitepaper. Based on three separate talks, it’s clear top government and bank officials from around the world are preparing to regulate Facebook Libra.
2019-6-19 03:30 | |
How much Facebook is too much Facebook? That's what financial regulators want to know as they look into Facebook's data-prying hands, and who the social media platform will pick to own and manage the giant data sets associated with Facebook's cryptocurrency.
2019-6-17 19:26 | |
Globalcoin, An XRP Killer? Facebook’s soon-to-launch crypto asset has been called many things: a Bitcoin-killer; regulators’ Trojan horse into the cryptocurrency space; and a ploy to make George Orwell’s “1984” a reality are among what.
2019-6-9 07:58 | |
In a bid to boost public confidence in its proposed GlobalCoin cryptocurrency and reassure financial regulators, leading social media network, Facebook is reportedly looking to hand over the management of Project Libra to an independent foundation.
2019-6-8 23:00 | |
Although JPMorgan and Facebook coins can hardly be called cryptocurrencies due to the lack of their decentralization and independence from regulators, their very appearance may probably contribute to the spread of knowledge about cryptocurrencies, said Monero creator.
2019-6-4 14:20 | |
The banking committee sent an open letter to Mark Zuckerberg earlier this week looking for details regarding Facebook's cryptocurrency project, Project Libra. The committee wants to know what kind of discussions the company has had with financial regulators and what kind of privacy protection will be offered to those holding Facebook's crypto.
2019-5-10 18:52 | |
By CCN. com: Thai startups raising funds by issuing digitized equities/stocks pay more taxes than an average business, according to Prinn Panitchpakdi. The governor of the Stock Exchange of Thailand (SET) said initial coin offering (ICO) startups typically pay 7 percent in value-added (VAT) and a 20 percent in corporate tax.
2019-5-7 14:24 | |
By CCN. com: Facebook’s annus horribilis looks like it will continue unabated, with the social media giant likely to experience its first quarterly drop in earnings since 2015. Despite recording a $3bn turnover increase, analysts expect the company to report a profit reduction from $5 billion in Q1 2018 to $4.
2019-4-23 11:35 | |