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Facebook could tap cryptocurrency exchanges to build their Libra dreams
The Libra ordeal is unlike any other. A social media giant, at the firm center of Silicon Valley, begins working on a digital currency in complete secrecy. Not only is an area in Menlo Park cordoned off for the project, but Facebook slowly begins picking off people from technology, finance and blockchain companies to build […] The post Facebook could tap cryptocurrency exchanges to build their Libra dreams appeared first on AMBCrypto. дальше »
2019-10-5 18:00
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PayPal Abandons Facebook’s Libra Project Amid Regulatory Scrutiny
PayPal suddenly announced on Friday that it will be withdrawing its participation in the development of Facebook’s upcoming Libra cryptocurrency. When Facebook announced the Libra project, it received interest from numerous backers, with as many as 28 of them being large corporations with influence and trust. дальше »
2019-10-5 15:15
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Libra Association reveals participation of 1500 enthusiastic entities after PayPal exits project
As Libra Association looked forward to the first Libra Council meeting in 10 days, the association revealed 1,500 entities to have “indicated enthusiastic interest to participate”. Libra posted, “Building a modern, low-friction, high-security payment network that can empower billions of financially underserved people is a journey, not a destination. дальше »
2019-10-5 10:21
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PayPal Officially Bows Out From Facebook’s Libra Crypto Coin Project
The Libra Association and the whole existence of Facebook’s Libra project took a pretty strong hit today. PayPal has just officially withdrawn from the Libra Association. We reported earlier today that PayPal was thinking about leaving due to regulatory backlash and it seems that it finally happened. Now, a spokesperson from PayPal affirmed that the […] дальше »
2019-10-5 01:52
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Facebook’s Libra, other stablecoins may disrupt financial stability, claims FSB’s Vice Chair
The commotion around Libra and other stablecoins has caught the attention of a lot of regulators from across the world. The idea of a virtual asset backed by a fiat currency to facilitate payments has taken flight among several mainstream financial institutions, including the likes of JPMorgan. дальше »
2019-10-5 23:30
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US House Committee Wants Zuckerberg’s Feet to Touch the Flame, Testify About Libra Coin
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 […] дальше »
2019-10-4 20:27
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Libra would make traditional payment institutions redundant, claims FCA’s Christopher Woolard
Facebook’s nascent crypto-project Libra has been at the receiving end of regulators and financial authorities’ fury, ever since its official announcement on 18 June. The social media giant’s project has in fact, managed to ruffle quite a lot of feathers, with a few regulators going as far as to call for a complete ban on […] The post Libra would make traditional payment institutions redundant, claims FCA’s Christopher Woolard appeared first on AMBCrypto. дальше »
2019-10-5 19:30
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Regulatory Backlash Against The Libra Association May See Founding Member PayPal Exit
Not only is Facebook’s cryptocurrency Libra is facing a backlash from regulators, but there is also news that PayPal is very close to leaving the 28-company coalition meant to help Libra gain legitimacy and come to fruition. дальше »
2019-10-4 16:01
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U.S. Congress Summons Mark Zuckerberg to Testify on Libra Cryptocurrency
Facebook’s Chief Operating Officer, Sheryl Sandberg, is scheduled to appear before the U. S. House Committee later in October to discuss the Libra cryptocurrency. However, according to a report by The Information on October 4. дальше »
2019-10-4 15:49
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PayPal Considers Libra Exit, but it’s Business as Usual for Facebook
The walls are all but crumbling down around Facebook’s embryonic ‘cryptocurrency’ venture, as PayPal allegedly considers calling quits on Libra. Libra Back(er)s Against the Wall First Visa, and MasterCard, and now PayPal. дальше »
2019-10-4 15:46
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PayPal Absent From Libra Association Meeting, Might Abandon Facebook’s Project Entirely
Coinspeaker PayPal Absent From Libra Association Meeting, Might Abandon Facebook’s Project EntirelyPayPal was the only company noticeably absent at the recently held Libra Association meeting. дальше »
2019-10-4 14:22
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The whole truth about Libra by Mark Zuckerberg
American computer site The Verge published a leak from an internal meeting in Facebook, where the future of Libra, in particular, was discussed. Mark Zuckerberg intends to persuade politicians to make Libra be launched. дальше »
2019-10-4 12:47
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PayPal may be getting cold feet over Facebook’s ‘cryptocurrency’ Libra
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. дальше »
2019-10-4 11:10
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European Court’s Facebook Ruling Could Nip Libra in the Bud
The European Court of Justice, the top court of the European Union, has made an important decision on the global reach, power, and influence of the social media giant, Facebook. The ruling allows for individual countries to force Facebook to take down posts, photographs, and videos, as well as restrict access to any unwanted content. дальше »
2019-10-4 18:10
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Visa and Mastercard Run Away From Libra; Here’s the Real Reason
According to the Wall Street Journal, Visa and MasterCard are getting cold feet about helping build payment infrastructure for Facebook’s Libra project. The Wall Street Journal said that a number of financial partners were starting to back away from Libra because of regulatory concerns. дальше »
2019-10-3 18:00
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Libra Partners Live and Deploying their Nodes on Pre-Mainnet: Affirms Roadmap
Libra is getting a lot of response from the developer community, releasing blockchain explorers like libranaut, libraview, and libexplorer and integrating Libra into their wallets, shared Facebook’s cryptocurrency in its roadmap, released on Oct. дальше »
2019-10-3 17:35
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Unfazed by All the Negativity, Facebook’s Libra Publishes Roadmap for Mainnet Launch
Coinspeaker Unfazed by All the Negativity, Facebook’s Libra Publishes Roadmap for Mainnet LaunchThe Libra Association mentions four key milestone to be achieved before the mainnet launch. дальше »
2019-10-3 12:41
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European Competition Watchdog Fears Libra’s ‘Closed Economy’
The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy. дальше »
2019-10-3 11:00
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Facebook’s Libra Nodes Are Live on ‘Pre-Mainnet,’ Roadmap Confirms
Facebook’s Libra devs unveil their latest step to formal launch
дальше »2019-10-3 10:41
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Facebook’s Libra announces ‘4 key milestones’ as Association gears up for the launch of Libra Mainnet
After months of dealing with regulators from across the world and coupled with constant criticism from the community, social media giant Facebook had announced the almost certain postponement of its crypto-project, Libra. дальше »
2019-10-3 10:15
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Four Major Libra Partners Consider Dropping Support
Four major companies who initially signed on to be a part of the Libra Association are rethinking their options now. The reason cited is that it may jeopardize their ability to keep positive relationships with regulators. дальше »
2019-10-3 03:20
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Initial Backers of Facebook’s Libra Consortium Second Guessing Decision to Join
Visa, PayPal, Mastercard, and Stripe, all of whom signed non-binding agreements to be a part of the Libra consortium, are now unsure of whether they want to go ahead with Libra. According to Bloomberg sources, the companies are being asked to confirm their intent by October 14, when the charter signing is scheduled to takeRead MoreRead More. дальше »
2019-10-3 19:00
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Expect Facebook to Ramp up Lobbying Efforts to Get Libra Cryptocurrency Off the Ground
As Facebook continues in the effort to launch its Libra cryptocurrency, the social media giant is likely to rely more heavily on paid lobbyists and the persuasion powers of its senior executives. Mark Zuckerberg prefers closed-door approach In a leaked audiotape of a Facebook town hall released by The Verge, the co-founder and CEO of […] The post Expect Facebook to Ramp up Lobbying Efforts to Get Libra Cryptocurrency Off the Ground appeared first on CCN.com дальше »
2019-10-2 18:00
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Facebook’s Libra can allow an ‘external overseeing body’ to check the Reserve and quell regulatory concerns
Facebook could be spied on. Libra has a “love to hate it” problem. Facebook’s cryptocurrency foray, if you can call it that, has been called a lot of names. It has been banned in two European countries, called a national security threat by the United States, hailed as the death knell for the dollarization of […] The post Facebook’s Libra can allow an ‘external overseeing body’ to check the Reserve and quell regulatory concerns appeared first on AMBCrypto. дальше »
2019-10-2 18:00
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Are Major Backers Visa, PayPal, MasterCard, And Stripe Considering Leaving the Libra Association?
The signing of the Libra Association Charter is fast approaching on October 14 amidst the global payment providers doubts on the project. According to sources familiar with the matter, four global payment giants in the Libra Association – PayPal, Visa, MasterCard and Stripe – are having doubts on the success of Libra, Facebook’s cryptocurrency. Visa, […] дальше »
2019-10-2 17:12
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Visa, Mastercard and Other Major Libra Backers Want to Pull Out from the Deal
Coinspeaker Visa, Mastercard and Other Major Libra Backers Want to Pull Out from the DealFacebook's Libra is facing many regulatory challenges that have made institutional backers like MasterCard, Stripe, PayPal, and Visa lead several other potential partners in casting their doubts about the project. дальше »
2019-10-2 14:01
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Bankers Raise a Warning That Facebook’s Libra Will Create Shadow Banking System
Coinspeaker Bankers Raise a Warning That Facebook’s Libra Will Create Shadow Banking SystemThe bankers have explicitly stated that Facebook's Libra will pose huge threat to the consumer demand for deposit accounts, payment volumes, and business models built on privacy. дальше »
2019-10-2 13:30
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Mark Zuckerberg Addresses Libra Regulation, KYC in Leaked Transcript
In leaked comments from a July meeting, Facebook CEO Mark Zuckerberg discussed internal issues for the firm's crypto network, Libra. дальше »
2019-10-2 13:06
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Visa And Mastercard Start To Get Cold Feet Over Facebook’s Libra
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. дальше »
2019-10-2 12:22
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Facebook Crypto Libra Crumbling as Visa, Mastercard Consider Quits: Report
Facebook’s cryptocurrency Libra has been in hot water ever since the social media giant released the whitepaper earlier this year. Central banks and governments across the globe have put together a concerted effort against Libra, putting Facebook executives in the dock time and again as they fear that the social media giant is out to […] The post Facebook Crypto Libra Crumbling as Visa, Mastercard Consider Quits: Report appeared first on CCN.com дальше »
2019-10-2 11:06
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Facebook’s Libra Backers Fear It Could Taint Their Image Among Regulators
$10M Libra node operators unsure about signing up: sources
дальше »2019-10-2 10:39
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FB’s Internal Q&A Sessions Reveal Early Strategy for Libra: Leaked
Newly leaked audio from Q&A sessions between Facebook’s CEO and employees shines new light on the firm’s early strategy for Libra
дальше »2019-10-1 20:28
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Leak of Facebook’s Internal Q&A Sessions Reveal Early Strategy for Libra
Newly leaked audio from Q&A sessions between Facebook’s CEO and employees shines new light on the firm’s early strategy for Libra
дальше »2019-10-2 20:28
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3 things the leaked Zuckerberg tapes taught us about Facebook’s Libra ‘cryptocurrency’
Since it was announced earlier this year, Facebook‘s “cryptocurrency” Libra has been dragged over the coals many times. And now it seems staff at the Big F are also apprehensive about its launch. дальше »
2019-10-1 16:42
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Ripple Exec Skeptical of Libra’s Decentralization Claims: A “Walled Garden”
Since Libra was unveiled earlier this year by Facebook, crypto enthusiasts and industry firms have been heavily scrutinizing the project. The fear is that the “cryptocurrency” and “blockchain” won’t sport the tenets of a decentralized network, Related Reading: CNBC Analyst Slams Facebook Libra, Champions Bitcoin According to an executive of Ripple Labs, these fears are. дальше »
2019-9-30 00:00
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Facebook’s Libra Coin Project Will Not to Do Away with Existing Currencies
Libra association says that Facebook cryptocurrency is not being initiated to replace the already established currencies. The Managing Director Bertrand Perez, who was speaking at UN headquarters in Switzerland at a blockchain conference, stated that they are not implementing a monetary policy with Libra. дальше »
2019-9-28 17:44
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Facebook’s Libra could be stalled owing to regulatory concerns, claims Managing Director Bertrand Perez
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. дальше »
2019-9-28 15:00
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