How The Fed Put a Hit on Facebook’s Libra

2024-12-2 07:55

When Facebook (later Meta) announced its ambitious Libra project in 2019, it was pitched as a groundbreaking effort to revolutionize the global financial system. Spearheaded by David Marcus, a former PayPal executive, the project aimed to create a blockchain-based digital currency that would facilitate real-time, low-cost international transactions.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Libra Credit (LBA) на Currencies.ru

$ 0.0002231 (+0.00%)
Объем 24H $496
Изменеия 24h: 3.37 %, 7d: -12.42 %
Cегодня L: $0.0002231 - H: $0.0002231
Капитализация $0 Rank 6089
Доступно / Всего 0 LBA

libra project facebook former paypal executive aimed

Источник: bravenewcoin.com

libra project → Результатов: 126


The Fed Fires Shots At Libra: FedNow Will Provide Instant Payments Without Bypassing Regulations

In a speech given on Thursday, Lael Brainard, the Federal Reserve governor canvassed on various financial issues in the United States and the world and the issue of stablecoin like Libra was raised. The Facebook led project that was launched last year with lots of publicity, has been said to fuel the clamor by central […]

2020-8-7 22:58


Фото:

Facebook Plans to Redesign Project Libra Due to Regulatory Hurdles 

Facebook and the Libra Association are making plans to redesign project Libra in a bid to scale the ending regulatory hurdles that have plagued the global crypto project. Sources say the proposed Libra network may function as a payments network, supporting other cryptocurrencies including central bank digital currencies (CBDCs), reports Bloomberg on March 4, 2020.

2020-3-4 18:00


Фото:

Doubt Surrounds US Regulators' Ability To Address Libra Issues

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


Известный финансист считает, что Libra может разрушить национальные экономики

По мнению финансиста Стивена Гринвилла, бывшего главы Резервного Банка Австралии, а ныне аналитика сиднейского Института Лоуи, в процессе продвижения своих новых планов Facebook может сокрушить целые национальные экономики.

2019-7-2 16:55


Фото:

Around The Block With Jeff And Dave – July 1, 2019 Facebook Libra and Calibra, Metlife Using Ethereum, Bitcoin (BTC) at 11,000?, Kevin Hsu of BlockVC Interview, and More!

In this episode, we do a deep technical dive into Facebook Libra and ask, is it trustworthy? Will it be valuable or even viable? Or will it crash and burn? In other news, Metlife is adopting Ethereum, but what will this mean for the future of the project? Bitcoin is the eighth largest currency inRead MoreRead More.

2019-7-2 18:23


Calibra will have to support Bitcoin, at some point, to survive, claims Anthony Pompliano

Libra, the groundbreaking cryptocurrency project unearthed by Facebook earlier this month has been called several things within the crypto-community. From a ‘crypto-look-a-like,’ to a ‘stablecoin impersonator,’ to ‘big-tech controlled crypto,’ and even the trivial names like ‘Zuck Buck,’ and ‘you’ve got Gemini, well, I’ve got Libra.

2019-6-29 08:30


Фото:

Facebook’s Libra partners remain cautious amid growing scrutiny from regulators

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


Фото:

Facebook Pushes on with Cryptocurrency Recruitment Despite Libra Project Criticism

Facebook is advertising job offers for a cryptocurrency wallet data engineer and regulatory policy expert as it moves forward with its plans for the Libra project. Meanwhile, stakeholders across the cryptocurrency and mainstream finance industries, as well as government officials, continue to express concerns about the company’s foray into the world of cryptocurrency payments.

2019-6-25 15:00


Zcash’s revolutionary blockchain hits first fork in the road; Adamant Capital Founder questions move

Zcash, the privacy-centric cryptocurrency project, swiftly stole the Libra’s limelight and switched the debate from payments and fiat-backing to blockchain technology and scalability. Lofty ambitions of Zcash aside, the Electric Coin Company’s [ECC] new blockchain has not convinced everyone in the community just yet.

2019-6-24 16:30


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Analyzing The Impact Of The Fed’s Decision On The Bitcoin Market

The recent decision by the U.S Federal Reserve (Fed) to maintain the federal funds rate unchanged has generated implications for various financial markets. One market that has notably reacted to this decision is the Bitcoin market, with Bitcoin experiencing a 2% decline in value, dropping below $24k levels. In this analysis, we will examine the […]