2023-8-22 10:46 |
A Thai lawmaker is seeking a court order to shut down Facebook in the country by the end of the month, accusing the platform of supporting fraudulent investment schemes.
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Thailand’s Ministry of Digital Economy and Society (DES) is taking steps to shut down Facebook in the country, citing harmful investment scams causing economic and public security concerns. Court petition filed.
2023-8-22 13:30 | |
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Thailand's Digital Economy and Society Ministry plans to request a court order to shut down Facebook in the country, citing the platform's failure to prevent cryptocurrency scams and fraudulent ads.
2023-8-22 06:56 | |
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Thailand’s digital minister said he would seek a court order to shut Facebook in the country unless it takes action on the alleged scams.
2023-8-22 04:25 | |
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(Photo taken from facebook. com. Karl (right) with a friend) In the USA (Miami, Florida), a 15 years old teenager earned 0. 7 BTC in one day. The teen’s name is Karl Miller, he is a Miami Country Day School student.
2020-5-21 14:24 | |
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The United States has been the hub of technological achievements, with the country the birthplace of Internet giants like Facebook and Amazon. And while the spirit of innovation is at the heart of theThe post United States' pain points can be solved by crypto if problems are accepted appeared first on AMBCrypto.
2020-5-6 23:30 | |
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Libra Association rethought the business model of stablecoin Libra amid tight confrontation with national regulators. Now Libra is planned to function as a digital version of several fiat currencies and only after receiving appropriate approvals of the country's authorities.
2020-4-21 23:13 | |
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Australia is the latest country to reject Libra — Facebook’s proposed digital currency payment project. The country’s central bank also says sovereign digital currencies are unnecessary given that commercial banks already have working electronic payment solutions.
2020-1-9 18:00 | |
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Zhou Xiaochuan, the chairman of the People’s Bank of China from 2002 to 2018, has come out saying that Libra would work better if controlled by the International Monetary Fund (IMF). China has been watching Facebook’s Libra digital currency plans closely.
2019-11-9 00:12 | |
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Soon after the Chinese Congress passed ‘The Cryptography Law,’ several influencers of the cryptocurrency industry went on to applaud the country for the latest development as this move would bolster the adoption of crypto.
2019-10-30 07:20 | |
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Coinspeaker China Not Facebook Is Likely to Be the First to Launch Digital Currency and Roll Out DCEPA Chinese financial expert said that China will be the first country to properly float a digital currency, adding that Facebook’s Libra efforts will fail.
2019-10-29 12:50 | |
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A senior Chinese regulator, Sun Tianqi recently spoke about the Facebook’s Libra project. According to the Chief Accountant of China’s State Administration of Foreign Exchange, Libra needs to abide by the same kind of law that other foreign currencies do or it will be banned from the country. According to Sun, countries that asses Libra […]
2019-10-29 01:44 | |
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The Financial Action Task Force [FATF], an inter-governmental organization that has pledged to combat money laundering and terrorism funding, has stated that Facebook and its stablecoin, Libra, would be subject to global standards on cryptocurrencies and traditional financial assets, according to reports.
2019-10-18 15:30 | |
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The Bank of England has established provisions for Facebook’s Libra should it be issued in the country
2019-10-10 19:24 | |
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The regulatory scrutiny over Libra in the United States continues. Now, the House Financial Services Committee of the country has recently invited more people who work on Facebook to testify. The latest two executives that were invited were Facebook’s COO Sheryl Sandberg and CEO Mark Zuckerberg, who will need to attend before January 2020. Sandberg […]
2019-10-4 20:27 | |
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One year ago in India’s capital, New Delhi, the #MeToo movement started to pick up pace as hundreds of sexual harassment and abuse survivors anonymously shared their experiences online. Many of these testimonials were published by anonymous social media accounts to protect survivors’ identity, and safely raise awareness of the realities of sexual assault in India.
2019-10-4 12:41 | |
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Facebook’s nascent crypto project libra has run into serious problems, with fresh objections being raised from regulatory bodies across the globe, right from its announcement in June. Recently, France’s finance minister Bruno Le Maire announced that they won’t allow any development of Libra in their country as it threatens government’s monetary sovereignty.
2019-9-15 15:30 | |
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The German government will approve its proposed blockchain strategy this September which reportedly blocks projects like Facebook’s Libra cryptocurrency. Germany Readies Anti-Libra Response According to Spiegel, Germany’s federal cabinet will approve its blockchain strategy announced back in June 2019.
2019-9-14 16:12 | |
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In a series of interviews over the last week, Circle CEO Jeremy Allaire has weighed in on how China is far ahead of any other country in creating a Central Bank Digital Currency and why that will help lead to the internationalization of the yuan. He has also broken down
2019-9-14 18:34 | |
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France may be a growing hub for blockchain tech, but its hospitality does not extend to Facebook. The country delivered a shock to the crypto industry when Bruno Le Maire, Minister of Economy and Finance, announced that France would block any attempts for Libra to develop in Europe.
2019-9-13 21:28 | |
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France's Bruno Le Maire has reportedly warned that the country will block the development of Facebook's in-house cryptocurrency, Libra, in Europe — citing threats to the "monetary sovereignty" of the continent's governments.
2019-9-13 14:02 | |
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As Indian regulatory bodies continued to tussle with the country’s nascent cryptocurrency industry, Indian crypto-enthusiasts were overjoyed after the latest episode of “Kaun Banega Crorepati,” the country’s version of “Who wants to be a millionaire.
2019-9-10 10:16 | |
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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 | |
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China’s state-backed digital currency is almost ready for launch, but apart from the fact that it would act as a stablecoin pegged against the country’s national currency, there is not much information on the project.
2019-9-6 10:41 | |
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Another month, another Facebook data breach. As reported by TechCrunch, security researcher Sanyam Jain was able to locate an online database containing phone numbers linked to user IDs for over 419 million Facebook users.
2019-9-5 01:10 | |
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The Swiss National Bank, known the central bank of the country, has recently contacted the responsible people for Facebook’s Libra project in order to know more about the project. Fritz Zurbruegg, the vice-chairman of the bank, has talked about the contact so far and claimed that the documents that back the project are very vague. […]
2019-8-28 05:06 | |
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Coinspeaker After Visiting Switzerland, US Regulators Remain Worried About Facebook’s LibraFollowing a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra.
2019-8-26 11:09 | |
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Facebook's WhatsApp is reportedly in talks with multiple Indonesian digital payment firms as the messaging app plans to bring its mobile payments service to the country.
2019-8-21 23:31 | |
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For nearly five years, China has been working on its cryptocurrency. For much of the time, the People’s Bank of China has chosen to keep this fact a secret. However, last year reports emerged and the country could not hide it anymore.
2019-8-12 15:32 | |
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According to an announcement from an official for the People’s Bank of China (PBOC), the country is nearly ready to unveil its new central bank digital currency (CBDC). Centralized Crypto-Currencies There’s been much talk recently in the Bitcoin space about digital payment technology getting picked up by centralized powers.
2019-8-12 21:42 | |
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The biggest topic of discussion around the crypto space in recent weeks has been the United States and the sudden negative stance it has taken against Bitcoin and cryptocurrency ever since Facebook Libra came into the limelight and shook up the space.
2019-8-7 23:00 | |
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Even as WhatsApp readies to launch its mobile payment service in India later this year, the government is concerned about its privacy and security ramifications. “Indian authorities are concerned that WhatsApp‘s payment service might share user data with group companies Facebook and Instagram, compromising the security, privacy and non-commercial information of its subscribers,” according to a report from the Economic Times.
2019-7-26 09:40 | |
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A crypto and blockchain think tank in Kenya is advising authorities to focus on ensuring cryptocurrency adoption in the country, reports CGTN Africa, July 25, 2019. Meanwhile, there hasn’t been much progress regarding the issuance of standardized regulations for digital assets in Kenya but the central bank says the Facebook Libra project poses a systemicRead MoreRead More.
2019-7-26 01:00 | |
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The spotlight turned on Facebook over the past week by the U.S. Congress over its plans for the Libra cryptocurrency has only whetted the appetite for other countries to do the same. According to the Financial News, a British parliamentary committee has indicated that it will grill Facebook regarding its crypto project as worries grow […] The post Facebook’s Crypto Libra a Ploy to Become ‘Its Own Country’, Blasts UK MP appeared first on CCN Markets
2019-7-24 13:22 | |
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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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While the world is looking at Facebook’s Libra and its recent senate hearing, France is knuckling down and is set to approve the first wave of cryptocurrency businesses under new legislation. Under the rules, cryptocurrency-related firms will voluntarily abide by a regulatory framework that requires them to pay tax, provide consumer protection, and meet capital requirements, Reuters reports.
2019-7-17 11:21 | |
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The President of the United States, Donald Trump has made it clear that he is not a fan of bitcoin (BTC), Libra, and other cryptocurrencies. He added that firm’s like Facebook looking to issue digital assets must obtain a banking charter and come under the purview of financial regulators in the country, reports The GuardianRead MoreRead More.
2019-7-12 14:13 | |
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India had been considered to be the perfect market to launch Facebook’s cryptocurrency Libra. The social media giant’s users in India have doubled since 2015 to about 310 million and are forecast to surge to around 440 million by 2023.
2019-7-11 23:01 | |
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China and India combined comprise nearly 35 percent of the world population. Bloomberg reported that the People’s Bank of China (PBOC) wants Facebook to reveal more information about Libra while Economic Times noted that the Indian Secretary of Economic Affairs believes the country is not comfortable with private currencies, July 9, 2019.
2019-7-10 11:00 | |
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Citing the Reserve Bank of India's restrictions on cryptocurrency, Facebook has ruled out offering its Calibra wallet service to the country but plans to work with regulators on possibly updating crypto legislation.
2019-7-10 00:23 | |
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Ever since the announcement of Libra, it has been the hottest topic of discussion amongst cryptocurrency enthusiasts, banks, tech companies, and regulators. As Europe and the USA struggle to come to terms with Libra, Russia is surprisingly calm on the issue, even confirming that the country doesn’t plan to ban Libra, as reported by Quartz,Read MoreRead More.
2019-7-6 13:00 | |
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India‘s second biggest network provider, Reliance Jio, has teamed up with Facebook to launch a digital literacy program for people coming online for the first time. Jio, which has over 300 million subscribers in the country, will launch this program in 200 locations across 13 states.
2019-7-4 09:42 | |
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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 | |
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Facebook has shut down more than 30 accounts that were found to be spreading Remote Access Trojans (RATs) through malicious links that claimed to inform users about the ongoing political crisis in Libya.
2019-7-2 15:12 | |
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Speaking at the Crypto Valley Conference in Zug, Switzerland, Thomas Moser, an alternate member of the governing board at the Swiss National Bank, said Facebook's Libra project has yet to sound any alarms for the Swiss National Bank and that the country's regulators are "pretty relaxed" about it.
2019-6-25 19:13 | |
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A Russian lawmaker has recently stated that Facebook’s expected cryptocurrency, Libra, would not be given preferential treatment in Russia. Per a report by Tass on June 18, 2019, the country wasn’t planning to adopt a crypto-friendly legislature.
2019-6-22 01:00 | |
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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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Facebook’s newly-unveiled cryptocurrency, Libra, will not be launched in India due to the country’s strict anti-crypto regulations, a person close to the matter told The Economic Times, June 20, 2019.
2019-6-21 22:57 | |
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Coinspeaker Facebook’s Cryptocurrency Libra May Not Be Launched in IndiaFacebook's awaited cryptocurrency Libra may not be launched in India, as the country's current regulations do not permit cryptocurrency transactions.
2019-6-20 20:33 | |
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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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Thailand charges two for stealing over $280,000 in electricity for illegal Bitcoin mining. Thai authorities have cracked down on illegal Bitcoin (BTC) mining operations, shutting down nine illicit sites and arresting two suspects on charges of electricity theft, valued at…
Armed robbers in Thailand, where Devcon will be held, stole $250,000 from a Ukrainian crypto user on Monday, Nov. 11.
Binance is shifting its focus to increase cryptocurrency adoption in Thailand which could transform the future of digital assets in the Asian region. Related Reading: Pakistan Legalizes Crypto: A Major Shift From Ban To Boom Binance announced it wants to make virtual coins a mainstream currency in the Thai market, which could propel the crypto […]
A crypto co-founder was robbed in Bangkok while traveling there to attend the 2024 Ethereum Devcon conference. Haichao Zhu, co-founder of Bitcoin application Rooch Network, urged Ethereum Devcon attendees to exercise caution in a Nov. 5 X post after being…
Binance is prioritizing Thailand as a key market in its mission to reach one billion users, with crypto-friendly regulations seen as a driving factor. Cryptocurrency exchange Binance is betting big on Thailand as it aims to bring crypto mainstream worldwide,…
Thai immigration officials have busted a cross-border cryptocurrency scam that duped a local woman out of over $620,000. According to local news outlet Khaosod, authorities have arrested five individuals linked to the scam, including Cambodian, Myanmar, and Thai nationals who…
Siam Commercial Bank has introduced Thailand’s first stablecoin-powered cross-border payment system. Partnering with SCB 10X and Lightnet, the bank will use stablecoins—digital assets pegged to gold or the U.