2019-10-18 15:30 |
Facebook entered into an agreement with 21 companies of the Libra Association, as 7 founding members. including Visa, Mastercard and PayPal, left the project.
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Coinspeaker Libra Exec Is Confident Association Will Hit 100 Members before Official LaunchLibra’s interim managing director is quite sure the team will reach its goal of a hundred members by next year.
2019-10-16 19:47 | |
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Organizations including, Stripe, Visa, Mastercard, and eBay left the Libra Foundation as of late. Facebook Libra has decided to make progress with just twenty-one individuals. In an interview with Bloomberg, Facebook’s David Marcus told them he doesn't blame organizations that hauled out of the venture, instead that he's positive that more organizations will sign on. […]
2019-10-16 19:01 | |
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David Marcus, the Facebook Inc. representative spearheading the Libra cryptocurrency project is hopeful that despite the recent jolts to the Libra Association, the ambitious digital currency initiative will attract more firms as regulatory uncertainties get clearer.
2019-10-16 18:00 | |
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The head of Libra, Facebook’s controversial cryptocurrency initiative, has stated the project will continue to develop its planned “new global currency” despite having lost a quarter of its backers, including Stripe, Visa, PayPal, and Mastercard.
2019-10-16 17:35 | |
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Facebook is beginning to hemorrhage members from its Libra Association as industry sentiments and prospects about the asset continue to darken. While many in the cryptocurrency space aren’t so happy about this event, the Secretary of the United States Treasury, Steven Mnuchin, seems happy to gloat.
2019-10-16 16:15 | |
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The Libra Association has said the project is undeterred by recent setbacks and expects to sign up 100 partners before it goes live.
2019-10-16 11:25 | |
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More shade has been cast on Facebook’s digital currency project, Libra, with key members of its consortium dropping out. During a CNBC Squawk Box segment, everyone’s favorite mainstream Bitcoin advocate, Joe “Squawk” Kernan, took the opportunity to highlight the inferiority of the social media company’s efforts when compared with truly-decentralized cryptocurrency.
2019-10-16 07:37 | |
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Facebook for the first time, looks down and out. It was supposed to be a ceremonial week for the Libra Association, with the Charter being signed and its board members being confirmed. However, it has now turned into a disaster.
2019-10-15 16:30 | |
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Coinspeaker Libra Association Claims It Has 180 Candidates to Join the Row of Its MembersThough some giants left Libra, the Association claims that it has nearly 1500 potential candidates to join.
2019-10-15 14:54 | |
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The Libra Association gathered in Switzerland on Monday to establish its goals, despite recent news of members leaving.
2019-10-15 13:14 | |
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At a charter signing in Geneva on Monday, the Libra Association locked in 21 members of its governing council.
2019-10-15 01:00 | |
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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 | |
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Bitcoin (BTC) is running into its eleventh year, while Facebook’s Libra is facing renewed difficulties, with some of the founding members of the Libra Association rescinding their positions. Libra Beleagured by Hawkish Regulators Libra set a goal to launch in early 2020, but regulatory disapproval and hawkish comments from central banks shook confidence in the project.
2019-10-12 15:00 | |
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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 | |
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The creator of an "open" alternative to Facebook's Libra stablecoin misrepresented which parties are involved in the project, CoinDesk has learned.
2019-10-11 17:19 | |
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House members will have a unique opportunity to grill Zuckerberg himself
2019-10-10 21:58 | |
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Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out.
2019-10-6 13:05 | |
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David Marcus, the man in charge of getting Facebook‘s controversial ‘cryptocurrency‘ Libra off the ground, has fired back at a Wall Street Journal (WSJ) report that claimed MasterCard, one of the project‘s backers, was thinking about potentially pulling out.
2019-10-2 20:06 | |
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Visa, Mastercard, and other early Libra Association members are having second thoughts about their involvement with Facebook’s ‘cryptocurrency’. The change of heart follows widespread international regulatory concerns, according to a report in the Wall Street Journal.
2019-10-2 12:22 | |
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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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Jack Dorsey’s Square Crypto is on its way to create its “dream team”. The company, which is a crypto-focused subsidiary of Square, a payment app created by Jack Dorsey, who also founded Twitter, just announced that it would hire three new developers.
2019-9-20 22:10 | |
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Coinspeaker There Are Many Requests from Interested Members, said Libra Association DirectorThe Libra Association director granted an interview with a French news firm where he gave a bit more insight into the progress made so far including that the Libra will launch by the second half of 2020 with many members as well.
2019-9-13 15:52 | |
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When organizations were joining Libra, they knew that the project is not going to be easy, especially considering the regulatory loopholes that the organization was going to have to overcome. Things got a bit dire recently and there were a few three of the firms expressed concerns over being seen to be linked to the […]
2019-8-28 20:40 | |
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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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Last week, six members from the US House of Representatives’ Financial Services Committee met with Swiss regulators, including the Federal Data Protection and Information Commissioner and the Financial Market Supervisory Authority, to discuss Facebook's Libra project.
2019-8-27 19:31 | |
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CNBC host Joe Kernen commonly known as ‘Bitcoin Joe’ is not hiding the fact that he is not a fan of Facebook’s Libra, CCN reports. In a reaction to reports that the Libra founding members are rethinking about the project due to the criticism from different quarters, the Bitcoin convert elaborated that he has never […]
2019-8-24 23:06 | |
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Facebook has not had any breathing space since announcing their upcoming cryptocurrency project in mid-June due to the stern regulatory concerns it has been facing. Facebook came up with Libra project with the ultimate goal of banking the unbanked by bringing on board 28 payments and tech behemoths as partners.
2019-8-23 22:10 | |
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Three unnamed members of the Libra Association, the group tasked with overseeing Facebook's Libra network, have considered leaving the group, citing disappointment related to crypto regulations and fears of backlash from publicly showing support for Libra.
2019-8-24 19:10 | |
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Coinspeaker Some of Facebook’s Libra Members Look to Distance Themselves from ProjectU. S. lawmakers have been skeptical about Facebook and the libra coin. Libra Members Look to Distance Themselves from Project.
2019-8-23 15:43 | |
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Facebook‘s ‘cryptocurrency’ Libra may be in even deeper trouble than we thought if a recent report is anything to go by. According to the Financial Times, it seems that some of Facebook‘s early backers have been spooked by increasing regulatory scrutiny.
2019-8-23 14:41 | |
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Ever since Facebook revealed news regarding its involvement in the Libra Association, with a total of 28 founding members working towards the stablecoin, Libra, many leaders have since expressed concern.
2019-7-20 23:18 | |
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Fundstrat Lead Analyst Thomas Lee shared his worst nightmare on Twitter and it involved the U. S. President placing a ban on Bitcoin. Is Libra Dragging Bitcoin Down? As the US Congress and Senate hearings on Facebook’s Libra cryptocurrency wrapped up, members of the Trump administration shifted their gaze onto Bitcoin and cryptocurrency as a whole.
2019-7-19 09:32 | |
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A coalition of consumer advocacy groups urged the Libra Association's 28 member firms to quit the Facebook-led project.
2019-7-19 01:35 | |
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A coalition of consumer advocacy groups urged the Libra Association's 28 member firms to quit the Facebook-led project.
2019-7-20 01:35 | |
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Members of Congress were much more demanding of Facebook blockchain chief David Marcus than were Senators the day prior with both Libra and Bitcoin being spoken about. Facebook’s foray into the radical new world of decentralized ledges has aroused numerous legislative and regulatory pushback efforts.
2019-7-18 19:24 | |
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Congress savaged Facebook’s cryptocurrency Libra during a two-day Congressional hearing this week. But Rep. Warren Davidson (R-Ohio) saved the best, and most brutal, comment for the end: “There’s bitcoin, and then there’s shitcoin.
2019-7-18 16:17 | |
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Facebook’s Calibra CEO David Marcus took another beating, this time from members of the House, with one lawmaker even scorning the proposed Libra cryptocurrency as “Zuckbucks. ” Marcus went before members of the House Financial Service Committee to explain the social media platform’s ambitious proposal to enter the crypto space.
2019-7-18 00:26 | |
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During the second day of congressional hearings, New York Representative Alexandria Ocasio-Cortez (AOC) grilled Facebook executive David Marcus over Libra’s centralization. The 29-year-old congresswoman went directly at Facebook for calling Libra a decentralized project.
2019-7-18 22:55 | |
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Asian giant Japan has set up a committee to look into the potential of the new Facebook’ s cryptocurrency project, called Libra, especially in the area of banking, finances and its ability to cripple a struggling economy if not properly tackled.
2019-7-15 20:55 | |
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Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U. S. government seem fearful of a giant tech establishing itself as a financial institution.
2019-7-15 21:45 | |
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Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U. S. government seem fearful of a giant tech establishing itself as a financial institution.
2019-7-15 21:45 | |
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Earlier today the US Congress asked Facebook to stop the development of their cryptocurrency Libra. Even though the move is unfair, the same thing might not be possible for Bitcoins. Members of Congress just sent this letter to Facebook asking them to officially stop development of Libra. Wait till Congress finds out they can’t send […]
2019-7-3 20:00 | |
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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 | |
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As many of our regular readers may already be aware of, Maxine Waters — Chair of the House Financial Services Committee — recently called for a meeting to discuss the development of Libra, Facebook’s much-hyped cryptocurrency offering.
2019-7-3 16:29 | |
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Members of the United States Congress have demanded in a letter that Facebook halts development of the Libra cryptocurrency as it poses a threat to the hegemony of the U. S. dollar. This call by the U.
2019-7-3 15:55 | |
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Members of House Committee on Financial Services questioned FinCEN Director Kenneth Blanco on potential illegal usage of Libra
2019-6-28 02:00 | |
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The cryptocurrency industry shot back into the mainstream media’s spotlight on the back of Bitcoin’s phenomenal surge and Facebook introducing its cryptocurrency, Libra. The timing of the current bull run was attributed to Libra’s launch by some members of the community, while others vehemently disputed this fact.
2019-6-26 18:00 | |
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Facebook’s Libra cryptocurrency whitepaper dropped this week, sending shockwaves through the Bitcoin and altcoin community. Is Libra the thing that pulls blockchain kicking and screaming into the mainstream, for the benefit of one and all? Or is it the final nail in the coffin of a cryptocurrency experiment just a decade old? Here are 10 key takeaways from the newly released Libra whitepaper.
2019-6-24 02:45 | |
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Coinspeaker Senate Schedules July Crypto Hearing on Facebook’s Libra CoinThe U. S. Senate Banking Committee will hold a hearing on July 16 about Facebook’s new cryptocurrency, Libra.
2019-6-20 11:56 | |
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