2025-2-19 12:55 |
Some in the crypto community are outraged about the lack of legal clarity around memecoins like Libra, which collapsed soon after endorsement by Argentine President Javier Milei. origin »
|
LIBRA crash renews debate over pump-and-dump schemes in crypto markets. Javier Milei denies wrongdoing, dismisses most affected investors as bots amid legal scrutiny. The LIBRA memecThe post Here's how Argentina’s President denied involvement in LIBRA crash appeared first on AMBCrypto.
2025-2-19 05:00 | |
|
|
Facebook-led Libra Association, which switched its name to Diem Association, faces a possible lawsuit from a London-based digital finance company bearing the same name. Is it ever going to get better for Facebook-led digital financial project, Diem Association? After a year of legal battles across the world – starting with the Senate hearing, the negative […] The post London-Based Financial App Threatens To Sue Libra Association Over Its Recent Name Switch to ‘DIEM’ first appeared on BitcoinExchangeGuide.
2020-12-8 18:27 | |
|
|
Facebook’s plan to rebrand its stablecoin project from Libra to Diem has been met with legal threats from a small European startup of the same name.
2020-12-9 07:39 | |
|
|
“No global stablecoin project should begin operation until it adequately addresses relevant legal, regulatory, and oversight requirements.”
2020-10-13 22:25 | |
|
|
The Libra Association has hired Stevan Bunnell, the former general counsel for the US Department of Homeland Security as its new leading general counsel. A report unveiled this news on August 27, noting that prior to this appointment, Bunnell co-chaired O’Melveny & Myers, a data privacy-focused legal firm since 2017.
2020-8-28 14:47 | |
|
|
Experts believe that Libra’s hiring spree signifies a willingness to comply with existing legal and financial guidelines.
2020-5-26 19:56 | |
|
|
This move comes shortly after Libra initiated a payment system license to commence operations in Switzerland under the oversight of the country’s financial watchdog, FINMA. Speculations arose about a possible launch of the Libra stablecoin by the end of 2020, should the association sort the underlying legal hurdles.
2020-5-7 15:31 | |
|
|
Coinspeaker Facebook’s Libra Appoints HSBC Legal Chief Stuart Levey as CEOStuart Levey will step down as Chief Legal Officer for HSBC Holdings this summer. Then, he will join the Libra Association as its CEO.
2020-5-7 14:17 | |
|
|
The Libra Association named HSBC Chief Legal Officer and former U.S. Under Secretary of the Treasury Stuart Levey as its new CEO. Levey will take the reins later this year.
2020-5-7 19:45 | |
|
|
The report was published on March 23 and shed more light on the legal uncertainty around stablecoins. IOSCO highlighted an example that sounds pretty similar to Facebook’s Libra. According to the summary, if an entity runs its own stablecoin on a private blockchain with a unique form of governance, then the asset falls under securities […]
2020-3-26 17:30 | |
|
|
From the time Bitcoin gained public attention in 2017, reaching its all-time high of $20,000, to Facebook announcing the launch of Libra in 2019, central banks across the globe are fearing the implicaThe post Bitcoin doesn't have to be deemed legal tender to succeed appeared first on AMBCrypto.
2020-2-24 15:00 | |
|
|
The Governor Lael Brainard, of the US Federal Reserve on Wednesday stated Facebook’s digital currency project Libra faces a “core set of legal and regulatory challenges.” Social media giant’s stablecoin that is linked to fiat money and other sound assets to mitigate fluctuations in the price of cryptocurrencies like Bitcoin, remains unproven with a vague […]
2019-12-18 21:12 | |
|
|
Following last week’s Congressional hearing with Mark Zuckerberg over Facebook’s Libra intentions, one lawmaker, Tom Emmer, has outlined his intention to introduce a new U. S. crypto bill that could provide token sales legal protection from SEC enforcement actions.
2019-10-30 22:28 | |
|
|
Social media giant Facebook has certainly rattled the regulatory feathers of global regulators with its grand plans for cryptocurrency world domination. Politicians and citizens alike are right to question Libra and those that will be pulling the strings behind it.
2019-10-18 09:30 | |
|
|
The US Federal Reserve Governor Lael Brainard said yesterday that Facebook must overcome a “core of legal and regulatory challenges” before facilitating payments with its ‘cryptocurrency’ Libra.
2019-10-17 13:44 | |
|
|
Facebook appears to be struggling to get Libra up and running. The project has been so controversial at a legal, technological, and even geopolitical level that its promoters seem more concerned every day.
2019-10-10 08:17 | |
|
|
The chair of the Financial Stability Board, Randall Quarles, recently spoke about the rise in popularity stablecoins are having, including very prominent projects such as Libra. According to him, the future can have significant regulatory challenges because of these projects.
2019-10-5 22:19 | |
|
|
China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports.
2019-9-6 15:44 | |
|
|
A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren call. ” Yves Mersch, Luxemborgian lawyer and ECB executive board member, even told attendees of the European System of Central Banks’ legal conference the Libra ecosystem will be “cartel-like.
2019-9-2 15:36 | |
|
|
Facebook’s Libra stablecoin is “beguiling but treacherous,” according to European Central Bank key legal official Yves Mersch
2019-9-3 13:33 | |
|
|
Is Facebook's Libra a "concentration of power... unmatched by any meaningful accountability to anyone?" Legal expert Katharina Pistor thinks so.
2019-8-14 17:00 | |
|
|
Markets are up today with good regulatory vibes following positive reactions from a number of American Senators who successfully distinguished Bitcoin from the much-maligned Libra. Traders witnessed Bitcoin jumping 10% in about an hour, a leap similar to that seen at the beginning of the bull rally back in April of this year.
2019-7-20 02:54 | |
|
|
Markets are up today with good regulatory vibes following positive reactions from a number of American Senators who successfully distinguished Bitcoin from the much-maligned Libra. Traders witnessed Bitcoin jumping 10% in about an hour, a leap similar to that seen at the beginning of the bull rally back in April of this year.
2019-7-19 02:54 | |
|
|
Based on the legal precedence surrounding cryptographic communication, it is highly unlikely that the U. S. government can ban bitcoin. ‘Uncle Sam’ Can’t Shut Down Bitcoin With the storm of attention being paid to Facebook’s Libra project, there has been some talk of whether such attention could spill over to BTC in the form of a government-sanctioned bitcoin ban.
2019-7-17 18:30 | |
|
|
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 | |
|
|
Регулятор каждой страны по-разному смотрит на криптовалютный проект Facebook. Об этом в интервью LetKnow.News рассказала управляющий партнер адвокатской компании GRAD Legal & Financial Advisory Мария Аграновская.
2019-7-8 09:40 | |
|
|
Управляющий партнер адвокатской компании GRAD Legal & Financial Advisory Мария Аграновская в интервью LetKnow.News рассказала, как FATF повлияет на криптоиндустрию, а также с какими регуляторными преградами предстоит столкнуться проекту Libra.
2019-7-8 06:00 | |
|
|
While US Congress is preparing to listen to the arguments of Mark Zuckerberg in favor of launching his stablecoin Libra, Moscow is already giving Facebook cryptocurrensy the green light. Will Special Prosecutor Muller investigate again? Russian Deputy Finance Minister Alexei Moiseev said that Libra would be completely legal in the country. There are no obstacles […]
2019-7-4 23:27 | |
|
|
The Insurance firm has already sent a notice to Facebook against using its brand name via its legal representative Liad Whatstein and Co. The legal firm specializes in trademarking and patent laws. In the notice, they have threatened to take Facebook to the court if they won’t stop using their trademarked name of Libra. Libra […]
2019-7-3 20:44 | |
|
|
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 | |
|
|
Strategy’s latest capital-raising method, perpetual strike preferred stock, is designed to fund Bitcoin buys with priority dividends, conversion options and controlled dilution.
Wintermute plans US expansion with a New York office, betting on pro-crypto policies under the Trump administration, CEO Evgeny Gaevoy says.
Bitcoin should not reenter a bear market in 2025, even with a 30% BTC price drop, says CryptoQuant CEO Ki Young Ju.
Hong Kong financial secretary Paul Chan Mo-po says an exciting upcoming development is the intersection of AI and blockchain, which he said would create more use cases.
BitGo boss Mike Belsche has hinted at a potential public offering for his crypto custody firm, and says going public would help to “deliver trust in digital assets.”
The US Senate confirmed former Cantor Fitzgerald CEO and crypto advocate Howard Lutnik as President Donald Trump’s commerce secretary.