Regulators wary of Facebook's Libra

2019-7-10 22:00

Facebook's Project Libra has put the world on notice. The cryptocurrency genie is out of the bottle and regulators are nervous. From Japan to the US, authorities around the world are pushing back against the proposed digital currency.

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regulators libra → Ðåçóëüòàòîâ: 49


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Facebook’s Libra partners remain cautious amid growing scrutiny from regulators

Facebook‘s Libra partners have reportedly signed non-binding agreements, meaning they’re not obliged to promote or use the digital token and can abandon the project if they decide to do so. According to the New York Times, which cites anonymous executives from seven of Facebook‘s partners, some of the companies are being cautious about associating themselves too closely with Libra due to the company’s ongoing issues with regulators.

2019-6-26 11:25


Libra: How Facebook and others plan to ‘meet the daily financial needs of billions of people’

The whitepaper for the Facebook-backed Libra cryptocurrency dropped on June 18th and is being viewed by some market observers as a watershed moment for the space. The project's undeniable reach, significant backing and novel technical design has some excited, however, there are questions surrounding whether regulators will accept the Libra business model and its management of user funds.

2019-6-21 00:00


Ôîòî:

The Senate Banking Committee Wants To Talk To Facebook About 'Project Libra'

The banking committee sent an open letter to Mark Zuckerberg earlier this week looking for details regarding Facebook's cryptocurrency project, Project Libra. The committee wants to know what kind of discussions the company has had with financial regulators and what kind of privacy protection will be offered to those holding Facebook's crypto.

2019-5-10 18:52


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