Libra associates got concerned and dropped out: Secretary Steven Mnuchin

2019-10-15 21:00

Facebook’s Libra initiative hit another roadblock prior launch after Libra associate companies including MasterCard, Visa and Stripe announced dropping out on October 9. While the decision was made after two Democratic Senators asked the the three banking giants to rethink their stance on Libra, speculation around the Senators’ being a threat clouded the crypto ecosystem.

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The post Libra associates got concerned and dropped out: Secretary Steven Mnuchin appeared first on AMBCrypto.

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libra out mnuchin senators dropped concerned got

Èñòî÷íèê: ambcrypto.com

libra out → Ðåçóëüòàòîâ: 126


As Payment Firms Abandon the Libra Association, Who’s Next to Go?

Following last week’s news that PayPal was backing out of the Libra Association, almost all of the payment firms initially linked to the project have now announced their departure. Over the weekend, news emerged that Stripe, Visa, Mastercard, Mercado Pago, and eBay have all abandoned Facebook’s beleaguered cryptocurrency, striking a blow to Mark Zuckerberg’s plans […] The post As Payment Firms Abandon the Libra Association, Who’s Next to Go? appeared first on Crypto Briefing.

2019-10-14 17:52


Ôîòî:

Moonday Mornings: eBay, Mastercard, Visa, Stripe, and Mercado Pago leave Facebook’s Libra Association

Good morning forkers, it’s that time of the week again. It’s Hard Fork’s wrap-up of the weekend’s cryptocurrency and blockchain headlines you shouldn’t miss. Let’s get to it. 1. Facebook‘s “cryptocurrency” Libra is facing yet more challenges as Mastercard, Visa, eBay, payment system provider Stripe, and South American partner Mercado Pago have pulled out of the troubled project, The Financial Times reports.

2019-10-14 11:40


US Senate Threatening Libra Association Members to Quit or Face “High Level of Scrutiny”

Recently, Stripe, Mastercard, Visa, and eBay left Facebook’s cryptocurrency project Libra, taking this exodus tally to 5, when just a week back PayPal left the Libra Association too. In June, the social media giant unveiled its plan for Libra, announcing its intent to roll out the international digital currency next year. The company said the […]

2019-10-14 02:27


Visa, Mastercard, eBay and Stripe All Depart Facebook’s Libra Association

Initially a 28 corporate-member project, Facebook’s Libra Association recently saw the likes of eBay, Stripe, Mastercard, and Visa leave the project. The aforementioned four parties announced their decision to back out on Friday, October 11, 2019, a week after PayPal abandoned the ship! As reported by CNBC, the former members have since argued that this […]

2019-10-12 02:01


Bank Of England Spells Out UK’s Requirements for the Libra Coin Launch

United Kingdom’s central bank, Bank of England, has announced a raft of rules that Facebook’s Libra crypto must adhere to if it wishes to launch in UK. In its October Financial Policy and Summary released by the bank’s Financial Policy Committee, BoE stated that it discussed innovative explorations within the financial and payment sector. As […]

2019-10-10 23:09


Ôîòî:

Central bank says Libra must operate like a bank if it’s to launch in UK

The Bank of England‘s (BoE) Financial Policy Committee (FPC) has laid down a set of rules that Facebook‘s Libra and other cryptocurrencies must follow if they are to be launched in Britain. While some question if Facebook’s ‘cryptocurrency’ Libra will ever launch, the BoE‘s FPC did recognize its potential to becoming an “important payment system,” City AM reports.

2019-10-9 15:12


Coinbase CEO: US Should Reconsider Ridiculous Stance on Libra as Project Partners Jump Ship

Facebook’s ambitious crypto project Libra is running out of steam as it gets hounded by regulators and governments around the world. The social media giant was dealt another blow yesterday when major project partner PayPal announced that it was jumping ship, but the Coinbase boss thinks the US should reconsider its negative stance.

2019-10-5 09:00


PayPal Officially Bows Out From Facebook’s Libra Crypto Coin Project

The Libra Association and the whole existence of Facebook’s Libra project took a pretty strong hit today. PayPal has just officially withdrawn from the Libra Association. We reported earlier today that PayPal was thinking about leaving due to regulatory backlash and it seems that it finally happened. Now, a spokesperson from PayPal affirmed that the […]

2019-10-5 01:52


Ôîòî:

PayPal may be getting cold feet over Facebook’s ‘cryptocurrency’ Libra

Facebook’s ‘cryptocurrency’ Libra is reportedly on the verge of losing another one of its partners after Paypal pulled out of a key meeting in Washington on Thursday. According to the Financial Times, all 28 supporters of Facebook’s digital currency project were set to meet and discuss the ways in which Libra could overcome scrutiny from regulators.

2019-10-4 11:10


Facebook Crypto Libra Crumbling as Visa, Mastercard Consider Quits: Report

Facebook’s cryptocurrency Libra has been in hot water ever since the social media giant released the whitepaper earlier this year. Central banks and governments across the globe have put together a concerted effort against Libra, putting Facebook executives in the dock time and again as they fear that the social media giant is out to […] The post Facebook Crypto Libra Crumbling as Visa, Mastercard Consider Quits: Report appeared first on CCN.com

2019-10-2 11:06


Market Commentary: Bitcoin Price Strikes Out Again As Regulators Spook Libra

Cryptocurrencies were finally seeing some respite… until a new plunge pushed the leading crypto back under $8,000. The market followed BTC with losses in the 5% range for most top cryptos. Notably, Stellar (XLM), IOTA and Tezos (XTZ) have posted gains at around 5%, while the rest of the market has largely maintained the same […] The post Market Commentary: Bitcoin Price Strikes Out Again As Regulators Spook Libra appeared first on Crypto Briefing.

2019-9-26 19:08


Remittance Ripoff PayPal Will Die Where Facebook’s Libra Succeeds

Facebook set the cat among the pigeons earlier this year when it revealed its cryptocurrency project – Libra. CEO Mark Zuckerberg scared the living daylights out of governments and private corporations alike with his ambitious project that aims to make sending money “as easy as sending a photo,” so it is not surprising to see […] The post Remittance Ripoff PayPal Will Die Where Facebook’s Libra Succeeds appeared first on CCN.com

2019-9-17 16:50


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