2019-10-15 13:14 |
The Libra Association gathered in Switzerland on Monday to establish its goals, despite recent news of members leaving.
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Despite the bad publicity over Visa and Mastercard leaving Facebook’s cryptocurrency project, the newly-elected Managing Director and COO of Libra, Bertrand Perez, said that it won’t slow down its development.
2019-10-15 16:02 | |
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Bitcoin price has somehow managed to remain in the green over the past 7 days despite a string of unfavourable events. Regulators remain hawkish, tax authorities are tightening their grip and Facebook’s Libra is back under scrutiny again.
2019-10-14 15:39 | |
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On Tuesday, the EU’s Finance Commissioner, Valdis Dombrovskis, pledged that he would propose new rules to regulate virtual currencies such as Libra, following his reappointment. This is an interesting statement to make as in the five years he has served so far, Dombrovskis has not taken any steps to regulate digital assets, despite a series […] The post EU’s Finance Commissioner pledges common regulations for crypto-assets like Libra appeared first on AMBCrypto.
2019-10-8 17:30 | |
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Welcome, it’s time for Moonday Mornings. If you don’t know what it is, where have you been? It’s Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines. Take a look.
2019-10-7 11:52 | |
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Recently, social media giant Facebook announced its entry to the crypto-industry with its native currency, Libra. Despite its massive user base and financially stable establishment, the social media platform hasn’t been lying on a bed of roses however, as the SEC has been questioning every move made by Facebook.
2019-10-2 10:30 | |
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Facebook’s Libra, which is gunning to launch in 2020 despite major pressure from regulators world over, has lifted the lid on its crypto-project and revealed the fiat currencies that would constitute Libra’s ‘basket of reserves.
2019-9-21 12:00 | |
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David Marcus, the head of Calibra at Facebook, has said he expects Libra will initially face user acceptance problems, rather than regulatory ones
2019-9-20 19:19 | |
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French and German regulators have launched a new attack on Facebook’s Libra, saying that it is a threat to the financial sovereignty of nations. In response, the Libra Association has doubled down, promising to work with regulators, but committing to a 2020 launch.
2019-9-17 15:05 | |
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Paypal, an American centralized payments services company has made it clear that it firmly believes in the potential of the social media giant’s global cryptocurrency project despite the intense scrutiny of governments and central banks on Libra, as well as the regulatory bottlenecks surrounding the cryptoasset, according to a Channelnewsasia report on September 14, 2019.
2019-9-16 12:20 | |
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The Libra Association announced that it will pursue a payment system license under the Swiss Financial Market Supervisory Authority’s (FINMA) supervision. The group, which oversees Facebook’s controversial cryptocurrency, chose Switzerland as its main regulator despite scrutiny from U.
2019-9-13 23:45 | |
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Facebook’s Project Libra has applied for a payment system license from the Swiss Financial Market Supervisory Authority (FINMA). FINMA says Libra’s service offerings will, however, require a broader oversight that would include operational risks, liquidity and more, according to a Reuters report on September 11, 2019.
2019-9-12 09:00 | |
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Despite escalating regulatory concerns from the governments of the world, Facebook appears to be pressing on with its global bank ambitions. This week the social media giant made moves to seek a payments license for Libra from Switzerland while the US Treasury warned that it would face tough standards.
2019-9-11 11:31 | |
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A member of the European Central Bank's executive board sounded the alarm on the "treacherous, cartel-like" Facebook Libra cryptocurrency. Yves Mersch issued a damning warning to not be fooled by Facebook's hollow promises of a decentralized ecosystem.
2019-9-3 23:45 | |
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Despite government scrutiny, crypto firms in the Libra Association say they're committed to the project.
2019-8-28 00:25 | |
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Another week, another of Crypto Tidbits. Bitcoin saw a fairly tumultuous week. The cryptocurrency nearly hit $11,000 this week, before falling to $9,900 in a massive 8% sell-off that resulted in a Bitcoin Fear & Greed Index reading of 5 — “extreme fear”.
2019-8-25 00:00 | |
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Facebook’s Libra project is getting a lot of flack. The happy-go-lucky attitude associated with this project continues to raise eyebrows. Despite some major critiques, the concept still holds merit to some.
2019-8-25 21:00 | |
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Anyone who knows about the history of Facebook and Winklevoss Twins knows about the highly disputed past and settlement with Zuckerburg. With that in lin min mind, it would be hard to imagine them joining Libra Association.
2019-8-21 18:38 | |
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It’s been over a month since Head of Calibra, David Marcus faced a grilling at the hands of the Senate Committee. And considering Facebook’s track record on misuse of personal data, many predicted that Marcus would be walking into an inquisition.
2019-8-21 23:03 | |
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Tyler and Cameron Winklevoss, the co-founders of crypto exchange Gemini, admitted in an interview with CNN that they were ready to partner with Facebook for the Libra project. Tyler and Cameron Winklevoss Believe in Libra On August 19, Winklevoss brothers told CNN’s Poppy Harlow that they would close their eyes to their rivalry with Facebook’s Mark Zuckerberg for Libra.
2019-8-20 17:42 | |
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Social media giant Facebook has been under the spotlight for quite some time, following its entry into the crypto world with its coin Libra. In recent news, six lawmakers from the U. S. are said to visit Switzerland to further discuss the launch of the cryptocurrency.
2019-8-19 21:35 | |
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Binance CEO, Changpeng Zhao recently spoke about the firm’s plans to expand its operations in Europe, citing imminent plans to open a London-based office. He also gave his insight into Facebook’s Libra and whether Binance will be part of the consortium of companies backing Libra.
2019-8-8 20:54 | |
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Over the past month or two news and rumors regarding Facebook’s Libra initiative have dominated both crypto and mainstream news cycles, with many analysts claiming that the more centralized digital option could end up posing stiff competition to Bitcoin and other cryptocurrencies.
2019-8-5 22:30 | |
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U. S. cryptocurrency index fund provider Bitwise Investments said that Facebook’s Libra has accelerated crypto’s progress by three years. Despite the increased industry scrutiny, the increased attention toward Bitcoin is working to its advantage.
2019-8-3 23:22 | |
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Since its inception, Facebook’s foray into crypto has been under fire from all sides. The reaction to Libra was unsurprising really given the social media giant’s poor track record when it comes to data protection and security.
2019-7-30 11:25 | |
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New technologies are often met with skepticism from the general public, and cryptocurrency has been no exception by far. Despite the added concerns crypto faces from the sheer thought of storing monetary assets solely on...
2019-7-25 11:18 | |
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Facebook hasn't responded to a request by Switzerland’s data privacy regulator for more details on Libra, despite the project being based in Geneva.
2019-7-24 11:15 | |
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Despite predictions of its impending death, XRP experienced a brief bull run after the social media giant announced its long-awaited cryptocurrency. While other digital assets also rose, XRP’s performance was less expected, if only because Ripple and its token are widely considered to be among Libra’s closest competitors.
2019-7-24 19:03 | |
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The central bank of Germany, the Bundesbank, released a bulletin in which they say that Libra’s benefits should be allowed despite regulatory uncertainty. The bulletin was titled Crypto tokens in payment transactions and in securities settlement and it was published on July 22nd, according to Cointelegraph.
2019-7-23 18:54 | |
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Numerous fake accounts, groups, and pages operated by fraudsters have swamped Facebook and Instagram to mispresent themselves as the official hubs for the social media giant’s upcoming Libra crypto, the Washington Post reported today.
2019-7-23 14:03 | |
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China in Love With Crypto… And Libra Don’t ask us why, but Libra is trending in China. Yes, China. Despite the fact that Facebook is vehemently verboten in the nation, which has also blocked most. .
2019-7-18 19:30 | |
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Coinspeaker IBM Stock Down Despite Earnings, Cloud Revenue Beat Wall Street ViewThe latest Q2 reports show that IBM’s earnings and cloud revenue surpassed the projected street view while Bitcoin plunged below $10,000 as the US Senate has a go at Facebook’s Libra.
2019-7-18 15:27 | |
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Bitcoin’s massive plunge in valuation recently has shook the cryptocurrency market. The world’s largest cryptocurrency falling below the decisive $10k support following Libra’s ‘interrogation’ before the United States’ Senate Banking Committee has many analysts doubting their bullish predictions.
2019-7-18 03:30 | |
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Despite David Marcus’s repeated assurances regarding Facebook’s keenness to cooperate with regulators of every country, the project failed to escape the latest grilling by the Senate Banking Committee.
2019-7-17 14:00 | |
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Despite his best efforts, Jamie Dimon has never been one to mince words on the subject of cryptocurrency. So it shouldn’t be all that surprising that when confronted about his thoughts on Libra, the JPMorgan CEO threw some serious shade at Mark Zuckerberg’s pet blockchain.
2019-7-16 18:53 | |
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Bitcoin is playing hide-and-seek with the Libra bears. For weeks on end, Libra has been the talk of the town, with Bitcoin getting little mention, but large effect. Despite being a Californian product, all news about Facebook’s cryptocurrency project seems to be emanating from Washington D.
2019-7-16 13:00 | |
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Bitcoin is having a mixed July so far. The price of the flagship cryptocurrency has hit a slump of late after beginning the month on a solid footing thanks to President Trump’s latest tirade and the aspersions being cast on Facebook’s Libra cryptocurrency.
2019-7-13 17:30 | |
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In a further show of support for Facebook’s crypto asset Libra, the Winklevoss twins waded into the discussion by giving their backing to the much-maligned project. Despite their chequered history with Mark Zuckerberg, the twins believe Facebook’s standing as an established tech company would be beneficial to crypto as a whole.
2019-7-11 12:07 | |
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The Winklevoss brothers, co-founders of cryptocurrency exchange Gemini and renown for their well-documented legal battle with Facebook, are seemingly willing to ‘get into bed’ with the tech giant in an attempt to spread the adoption of digital currencies.
2019-7-11 19:28 | |
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The public perception of Facebook’s digital currency project remains all over the place. Despite a lot of initial excitement regarding Libra, it remains to be seen how well the project will fare when everything is said and done.
2019-7-9 18:00 | |
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Despite favorable regulation, Bank of Japan Deputy Governor Masayoshi Amamiya stated that digital currencies operators must comply with regulations on money laundering and risk management. The announcement was made in reference to the launch of Libra, the new global cryptocurrency from Facebook.
2019-7-6 19:00 | |
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The huge FOMO that catalyzed the crypto-market with a massive rally has cooled down. So did the tweet volume for Bitcoin and other cryptocurrencies. Facebook’s ambitious Libra project was again in the news following the latest letter issued by Democrats in the U.
2019-7-3 21:30 | |
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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 | |
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Circle CEO Jeremy Allaire believes non-sovereign cryptos such as bitcoin will see continued growth despite the emergence of assets such as Facebook’s Libra and stablecoins
2019-6-25 10:30 | |
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The world has been entrenched in a deluge of news surrounding Facebook’s recently announced cryptocurrency initiative, dubbed Libra, which was been met with a wide variety of responses from Bitcoin advocates and analysts alike, ranging from positivity and excitement to extreme negativity.
2019-6-25 01:00 | |
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Libra Lauded by Trump-Backed Economist Despite seemingly good intentions, Facebook’s Libra crypto venture has been a polarizing subject. Both in the blockchain community and on the world stage, many have come to either love or.
2019-6-25 00:59 | |
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By CCN Markets: Blockchain. com Head of Growth Haider Rafique believes that Facebook’s Libra project will be a boon to cryptocurrency as a whole, for numerous reasons. As Head of Growth at Blockchain, adoption is the executive’s primary drive, and he believes Facebook’s crypto entry will have a positive impact.
2019-6-24 00:45 | |
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Facebook’s cryptocurrency initiative being subjected to criticism from lawmakers, despite being backed by industry giants, depicts the prevailing lack of trust between the social media giant and the government, owing to its “disregard for user privacy” as US Senator Maxine Waters put it.
2019-6-22 17:30 | |
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France is putting together a Group of Seven Nations (G7) task force to explore how central banks can make sure cryptocurrencies adhere to money-laundering and consumer protection rules. That’s according to the country’s central bank governor who announced the news today.
2019-6-21 18:28 | |
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Chairman of the Russian State Duma Committee on Financial Market Anatoly Aksakov says the country will not legalize the use of Facebook's Libra despite recent bills meant to loosen the grip on the use of cryptocurrency.
2019-6-20 00:02 | |
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