Facebook’s Libra project loses support from Visa, Mastercard, eBay, Stripe

2019-10-12 09:01

“Challenging the government’s monopoly on the printing press requires you to not be at the government’s mercy. This is the reason Bitcoin was released by anonymous entities, and it is also one of the reasons that cryptocurrencies backed by goods [even fiat currency] are a bad idea from a regulatory perspective.

” These words were from […]

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libra government facebook stripe loses project ebay

Источник: ambcrypto.com

libra government → Результатов: 64


Facebook’s Libra loses PayPal; Chinese whispers or regulatory chokehold?

Did PayPal hear the Chinese Whisper, and go amiss? Libra was a unique sell. Primed as a “digital currency,” backed by a slew of government assets, operated on its own network, held on its own wallet, backed by companies that impact the world on a daily basis, with the ribbon of “banking the unbanked,” right […] The post Facebook’s Libra loses PayPal; Chinese whispers or regulatory chokehold? appeared first on AMBCrypto.

2019-10-8 16:30


Ethereum’s Vitalik Buterin says Libra is a wakeup call for governments

Facebook’s nascent crypto project libra has run into serious problems, with fresh objections being raised from regulatory bodies across the globe, right from its announcement in June. Recently, France’s finance minister Bruno Le Maire announced that they won’t allow any development of Libra in their country as it threatens government’s monetary sovereignty.

2019-9-15 15:30


Facebook’s Libra does not have any characteristics associated with cryptos, claims Jake Chervinsky

The introduction of Facebook’s Libra has been one of the highlights of 2019, but it was not smooth-sailing for the virtual asset. The Facebook-backed stablecoin received collective criticism from government officials, crypto-personalities and a majority of the community, with many questioning its potential use cases and characteristics as a cryptocurrency.

2019-9-7 20:30


Digital Currency Regulation Around the World

A conversation with Michelle Bond, Ripple’s Global Head of Government Relations  The entrance of Facebook’s Libra whitepaper has caught the world’s attention. While many look to the U.S. to help define a framework for digital assets and blockchain regulation, the question remains: Will policymakers strike the right balance between fostering innovation and protecting consumers? What … Continued The post Digital Currency Regulation Around the World appeared first on Ripple.

2019-8-9 23:00


Фото:

US Government ‘Can’t Kill’ Bitcoin Because Source Code is Speech

Based on the legal precedence surrounding cryptographic communication, it is highly unlikely that the U. S. government can ban bitcoin. ‘Uncle Sam’ Can’t Shut Down Bitcoin With the storm of attention being paid to Facebook’s Libra project, there has been some talk of whether such attention could spill over to BTC in the form of a government-sanctioned bitcoin ban.

2019-7-17 18:30


French government to create ‘ICO white list’ with new regulations

While the world is looking at Facebook’s Libra and its recent senate hearing, France is knuckling down and is set to approve the first wave of cryptocurrency businesses under new legislation. Under the rules, cryptocurrency-related firms will voluntarily abide by a regulatory framework that requires them to pay tax, provide consumer protection, and meet capital requirements, Reuters reports.

2019-7-17 11:21


Libra is idealistic, progressive, aggressive in its technological vision but will it continue to be so?

Facebook’s entry into the crypto race, with Libra, received a lot of flak after its whitepaper release due to its previous ties with data and privacy concerns with the U.S. government. Being aware of this, the social media giant has (so far) unsuccessfully tried to promote Libra as an independent project, as it was difficult for […] The post Libra is idealistic, progressive, aggressive in its technological vision but will it continue to be so? appeared first on AMBCrypto.

2019-7-8 23:30


Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra

Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra appeared first on CCN Markets

2019-6-27 15:21


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