2023-8-12 19:16 |
Like Facebook's ill-fated Libra project, PYUSD is getting some pushback in Washington D.C. But its prospects seem more promising, says Michael J. Casey.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
Steven Mnuchin, the US Treasury Secretary said that he and Jerome Powell, the Federal Reserve Chairman, think the US doesn’t need to create a digital currency soon. This is what Mnuchin declared on Thursday, at a Washington House Financial Services Committee hearing: “Chair Powell and I have discussed this — we both agree that in […]
2019-12-6 17:59 | |
|
|
Finally, after four months of Facebook unveiling its payments move to disrupt the world economy as we know it, CEO Mark Zuckerberg stepped into the ring. Libra was the centre of attention in Washington D.
2019-10-24 16:30 | |
|
|
Despite the regulatory pressure and seven of the Libra Association members leaving Facebook’s cryptocurrency project, the social media giant is undeterred and could work on cryptocurrencies based on national currencies like the dollar instead of just the synthetic one, initially proposed.
2019-10-21 15:37 | |
|
|
David Marcus spoke to a group of established bankers in Washington this week, and he once again highlighted Facebook’s desire to launch the stablecoin as per regulatory demands. Marcus suggested that the core model of Libra can be changed if governments are unhappy with the current Libra prototype.
2019-10-21 13:00 | |
|
|
Over the past few months, the confluence of payments and the global economy has never been clearer. With Libra sending tremors from Washington D. C. to Paris, and China unveiling its plan to launch a digital yuan, ill-prepared lawmakers are feeling the brunt of not paying enough attention to the growing digital payments industry.
2019-10-16 09:43 | |
|
|
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 | |
|
|
Standby! Your [capital] flight to Switzerland could be delayed yet again, due to an overextended layover in Washington! Libra is feeling what it’s like to be a fully-fledged member of the cryptocurrency world.
2019-9-28 15:00 | |
|
|
Can Zuckerberg’s personal appeals win favor in Washington? “Personal visits absolutely help enhance policies and regulatory decisions,” says Chamber of Digital Commerce policy chief
2019-9-28 16:23 | |
|
|
Facebook’s CEO Mark Zuckerberg held a meeting on Wednesday with about six US lawmakers over a dinner in Washington, Washington Post reports. The dinner meeting primarily focused on Facebook’s Libra crypto project.
2019-9-20 23:48 | |
|
|
Facebook has hired another lobbyist to present the case for Libra to Washington, in a bid to save the project from regulatory hurdles.
2019-8-27 15:22 | |
|
|
Facebook‘s “cryptocurrency” Libra is facing an ever growing mountain of regulatory challenges. It seems it needs a helping hand, as it’s hired a specialist firm to lobby Washington directly. According to registration documents filed earlier this week, Facebook will be represented by Washington, DC-based FS Vector LLC, a firm that specializes in regulatory compliance and public policy.
2019-8-27 14:31 | |
|
|
From Silicon Valley to Washington, DC, Facebook's Libra is causing concern everywhere it turns up. This CoinDesk video explores what happened in the halls of power when the first major corporation joined the crypto party.
2019-7-29 19:00 | |
|
|
It’s not only regulators that are hampering Facebook’s crypto party. Now, somewhat ironically, the social media giant is dealing with Facebook Libra impersonators as well. Fake Facebook Libra Ads Surge As if Zuckerberg and his team didn’t have enough to contend with as governments around the world scramble to halt the project.
2019-7-24 17:00 | |
|
|
Online criminals are impersonating as the representative of Facebook to lure victims into buying the social media platform’s yet-to-release cryptocurrency, Libra. According to the Washington Post, scammers lately ran ads through a dozen on fake accounts, pages, and groups across Facebook and Instagram, presenting themselves as the official hubs of Libra.
2019-7-24 15:00 | |
|
|
All eyes will be on Washington D. C. once again. The cryptocurrency industry, from a regulatory standpoint, will be divided into two phases of history; one before Libra and the other after. Since Libra was unveiled in mid-June, regulators the world over have not let up.
2019-7-24 14:00 | |
|
|
Мошенники создали в социальных сетях больше десятка фейковых аккаунтов и групп по продаже токенов криптовалюты Libra. Такие аккаунты, позиционирующие себя как «официальные центры продажи криптовалюты», появились в Facebook и Instagram.
2019-7-23 16:43 | |
|
|
Мошенники создали в социальных сетях больше десятка фейковых аккаунтов и групп по продаже токенов криптовалюты Libra. Такие аккаунты, позиционирующие себя как «официальные центры продажи криптовалюты», появились в Facebook и Instagram.
2019-7-23 15:50 | |
|
|
It’s barely been a month since Facebook unleashed its cryptocurrency Libra into the wild and published its whitepaper. But already, the social media giant has been forced to address a growing number of fake communications associated to its digital asset.
2019-7-23 14:44 | |
|
|
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 | |
|
|
Libra seems to be the new cuss word in Washington D. C. After unveiling Libra and setting up the association to oversee its governance in Switzerland, Facebook probably thought they’d be taking more flights across the Atlantic.
2019-7-17 08:30 | |
|
|
Libra’s regulatory mess is only getting started. In the past week, United States’ Federal Reserve Chair, Treasury Secretary and even the President have come out in vocal opposition to Libra.
2019-7-16 16:30 | |
|
|
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 | |
|
|
With Facebook set to meet with the Senate on Tuesday and the House on Wednesday, Washington insiders report that lawmakers will be interested in Libra's classification as a possible exchange-traded fund, what Facebook will do to ensure user privacy, and what the Swiss headquarters of the Libra Association will mean for US oversight of the project.
2019-7-16 18:45 | |
|
|
It has been a long and exhausting week for Facebook’s Libra cryptocurrency after the imminent crypto asset ended up on the wrong side of most prominent people. Just this week, the social media-backed virtual currency received criticism from the Chairman of the Fed Reserve, Jerome Powell, and soon after, the President of the United States, […] The post Libra all set for a crucial week, as CEO of Calibra awaits hearing in Washington appeared first on AMBCrypto.
2019-7-14 19:00 | |
|
|
Facebook’s Libra plan has once more been criticized. This time, however, the complaints do not come from the crypto community, which is fairly negative on the whole project, but from the government of the United States.
2019-7-3 00:55 | |
|
|
| Analogue Notcoin - TapSwap |
The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that the industry said has deterred banks from handling crypto customers, but President Joe Biden is already promising he'll veto the effort if it hits his desk.
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered Ethereum's ether a security before he attended a hearing and declined to answer that question.
Shomari Figures, a Washington insider with a lengthy progressive resume, didn't pull in the most money in direct contributions as he sought one of Alabama's seats in the U. S. House of Representatives.
U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote.
The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion convened a pivotal hearing on Dec. 5, to hear from high-ranking representatives from federal agencies, including the Federal Reserve, Securities and Exchange Commission (SEC), and the Office of the Comptroller of the Currency (OCC), spoke on the increasing influence of new technologies such […] The post Spotlight on AI, digital assets at House subcommittee hearing appeared first on CryptoSlate.
As the U.S. House of Representatives weighs legislation on next year's spending, a provision was added on Wednesday that would deprive funding from U.S. Securities and Exchange Commission (SEC) enforcement actions against crypto businesses.
Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill.