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Remittance Ripoff PayPal Will Die Where Facebook’s Libra Succeeds
Facebook set the cat among the pigeons earlier this year when it revealed its cryptocurrency project – Libra. CEO Mark Zuckerberg scared the living daylights out of governments and private corporations alike with his ambitious project that aims to make sending money “as easy as sending a photo,” so it is not surprising to see […] The post Remittance Ripoff PayPal Will Die Where Facebook’s Libra Succeeds appeared first on CCN.com дальше »
2019-9-17 16:50
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Calibra Head David Marcus takes to Twitter to defend Libra project
As Libra continues to remain under the scrutiny of regulatory watchdogs, David Marcus, the Head of Calibra, tried to debunk the popular narrative that Libra could potentially threaten the sovereignty of Nations. дальше »
2019-9-16 15:36
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Over Twenty Central Banks to Discuss Facebook’s Libra With the Libra Association
Coinspeaker Over Twenty Central Banks to Discuss Facebook’s Libra With the Libra AssociationIn some relief to the Libra Association, officials from 26 central banks will be quizzing Facebook on the scope, scale, and implementation of the Libra project. дальше »
2019-9-16 14:14
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European Countries Step Up Response to Facebook’s Libra
The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. дальше »
2019-9-16 13:30
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PayPal Cautiously Believes in Libra’s Potential Despite Regulatory Concerns
Paypal, an American centralized payments services company has made it clear that it firmly believes in the potential of the social media giant’s global cryptocurrency project despite the intense scrutiny of governments and central banks on Libra, as well as the regulatory bottlenecks surrounding the cryptoasset, according to a Channelnewsasia report on September 14, 2019. дальше »
2019-9-16 12:20
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Libra Confident, France Angry, Domino’s BTC Prize: Hodler’s Digest, Sept. 9–15
In this week’s Hodler’s Digest, Libra gets confident, France gets angry, and Domino’s Pizza fans get excited
дальше »2019-9-16 23:10
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Ethereum’s Vitalik Buterin says Libra is a wakeup call for governments
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. дальше »
2019-9-15 15:30
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Nick Szabo, ‘Libra is a Cryptocurrency in the Same Way That a Doll is a Baby’
Facebook’s Libra Coin has been all over the news the past few months as more tech giants invest in the network. However, many people in the cryptocurrency community are skeptical about the new stable coin, saying that Libra doesn’t have the properties that made Bitcoin what it is today. дальше »
2019-9-15 12:00
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PayPal is reportedly wary of Libra’s future
International news agency Agence France-Presse (AFP) has reported that PayPal is being quite cautious regarding the future of Facebook’s proposed cryptocurrency project, Libra. On the company signing on to the Libra Association, Gabrielle Rabinovitch, Investor Relations VP, PayPal, said: “It’s a non-binding commitment, and obviously, I think there’s a lot of work to happen before […] The post PayPal is reportedly wary of Libra’s future appeared first on AMBCrypto. дальше »
2019-9-14 12:00
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Libra Association Head: Facebook’s Crypto Stablecoin Still On Track To Be Launched By End Of 2020
The head of Libra Association, the non-profit organization behind Libra stablecoin project, has revealed that the token will be launched by the end of 2020. We believe that the global, open, instant, and low-cost movement of money will create immense economic opportunity and more commerce across the world: https://t. дальше »
2019-9-14 22:08
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Facebook’s Libra Association Shrugs Off Regulatory Concerns, Prepares Launch for 2020
Bertrand Perez, the general director of the Libra Association, has expressed confidence that Facebook’s stablecoin will launch during 2020. Speaking to French publication Les Echos, Perez indicated that while the Libra Association is expecting talks with regulators to continue, the project is slated for launch during the second half of next year. дальше »
2019-9-14 20:21
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Five Reasons Satoshi Nakamoto Is Smarter than Mark Zuckerberg
At every turn in Facebook’s journey toward launching Libra, the social media giant is realizing that governments around the world do not take kindly to attempts to remove some of their power. The latest setback has emerged from Europe. дальше »
2019-9-14 19:52
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Libra to Address Regulatory Challenges and Launch By End of 2020
Bertrand Perez, General Director of the Libra Association, told the French financial media Les Echos that the stablecoin project backed by Facebook would go live by the end of 2020. His comments come a day after French Finance Minister Bruno Le Maire pledged to stop Libra in Europe. дальше »
2019-9-14 18:00
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Facebook’s Libra Pushes Back at Claims Project Is Threat to Financial Stability
The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability. дальше »
2019-9-13 16:58
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There Are Many Requests from Interested Members, said Libra Association Director
Coinspeaker There Are Many Requests from Interested Members, said Libra Association DirectorThe Libra Association director granted an interview with a French news firm where he gave a bit more insight into the progress made so far including that the Libra will launch by the second half of 2020 with many members as well. дальше »
2019-9-13 15:52
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France calls for EU-wide cryptocurrency rules amid Libra concerns
The European Union needs to establish a common set of rules for cryptocurrencies to counteract risks posed by Facebook’s Libra, France’s Finance Minister Bruno Le Maire said today. According to Reuters, Libra could pose risks to consumers, financial stability and even “the sovereignty of European states,” Le Maire said. дальше »
2019-9-13 13:34
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Libra Didn’t Have A Chance In France
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. дальше »
2019-9-13 21:28
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France Blocking Facebook Libra in EU Shows True Power of Bitcoin
Governments and policymakers have been in an uproar ever since Facebook debuted their Libra cryptocurrency to the world, prompting the first signs of stricter regulation around crypto and Bitcoin looming. дальше »
2019-9-13 21:00
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Facebook’s Libra Launch Would “Substitute Itself As A National Currency” & Can’t Be Authorized: French FM
While Facebook (FB) is planning to acquire Swiss payment system license for Libra, France is not at all interested in letting its cryptocurrency project — expected to launch in 2020 — get off the ground. дальше »
2019-9-12 18:44
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France Refuses to Authorize Facebook Crypto Libra in Europe
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. дальше »
2019-9-13 14:02
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France doesn’t want Facebook to operate Libra in Europe
Facebook’s ambitious cryptocurrency project, Libra, has been facing a lot of heat in Europe since its announcement in June. Now, according to Reuters, the French finance minister, Bruno Le Maire, doesn’t want it to operate in the EU, as he feels it’s unclear exactly how the digital currency will function. дальше »
2019-9-12 13:47
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Facebook’s Libra to follow ‘same risks, same rules’ principle in Switzerland as it aims to become a major financial center
As more and more astronomical objects make their way in the crypto-sphere, Facebook’s Libra is still waiting out to check all the boxes before it hits the market as a ‘global currency’. дальше »
2019-9-12 13:00
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Breaking: Libra Currency Shall Not Pass in Europe, French Government Says
French minister of Economy and Finance promises that Libra development will not be authorized on the European ground дальше »
2019-9-12 12:38
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France Says It Will Block Facebook Libra in Europe
The French finance minister has said the nation plans to block Facebook's Libra cryptocurrency in the EU over its threat to national currencies. дальше »
2019-9-13 12:35
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France Says It Will Block Facebook Libra in Europe: Report
The French finance minister has said the nation plans to block Facebook's Libra cryptocurrency in the EU over its threat to national currencies. дальше »
2019-9-12 12:35
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Facebook Libra Brings ‘Risks and Opportunities’: Swiss Watchdog Chief
FINMA's director has spoken out about the risks of working with a major project like Facebook's Libra, and said there are also potential benefits. дальше »
2019-9-12 12:15
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Facebook’s Libra Seeks Swiss Payment System License
Facebook’s Project Libra has applied for a payment system license from the Swiss Financial Market Supervisory Authority (FINMA). FINMA says Libra’s service offerings will, however, require a broader oversight that would include operational risks, liquidity and more, according to a Reuters report on September 11, 2019. дальше »
2019-9-12 09:00
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Swiss Regulator Issues Guidance on Libra and Stablecoins
According to a notification issued by FINMA, the regulator has confirmed that stablecoins will be treated just like any other blockchain-based token in Switzerland, September 11, 2019. The Libra Association requested FINMA to disclose how the network would be treated, and the regulator has stated that Libra will be classified as financial infrastructure. дальше »
2019-9-12 23:00
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Facebook's Crypto Libra Isn't Getting Away With Measly Swiss Payments License
Switzerland’s financial regulator has indicated that Facebook’s cryptocurrency project Libra will be required to meet additional requirements besides getting a payment system license prior to starting operations. дальше »
2019-9-12 18:01
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Facebook Now Seeking Swiss Payment System License for Crypto Project Libra
Facebook’s cryptocurrency project Libra is now seeking a Swiss payment license, said financial watchdog FINMA on Wednesday. Social media giant Facebook (FB) first announced its plan to launch a cryptocurrency in June, as an attempt to move into global payments that has drawn intense scrutiny from global financial authorities. The stablecoin Libra, which is planned […] дальше »
2019-9-11 17:55
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Facebook: Libra Cryptocurrency Faces Strict Regulatory Standards from U.S. Treasury
United States Treasury Under Secretary of Terrorism and Financial Intelligence, Sigal Mandelker, has declared that Facebook’s proposed Libra global cryptocurrency project will not be launched unless Libra complies with tough anti-money laundering (AML) and anti-terrorist financing standards, reports Reuters on September 10, 2019. дальше »
2019-9-11 16:16
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Vulnerability in Facebook’s Libra identified and patched after security firm’s revelation
Blockchain infrastructure security firm, OpenZeppelin, has revealed a vulnerability in the Libra open-source scripting language, Move, which would have enabled hackers to take control of smart contracts on the network. дальше »
2019-9-11 14:00
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Switzerland’s FINMA clarifies its stand on stablecoins soon after Facebook’s Libra pursues a payment license
On 2 May 2019, Facebook had registered a new company, Libra Networks, in Geneva, a step that turned out to be the company’s first move into the blockchain space. Recently, The Libra Association, the non-profit organization behind Facebook’s Libra cryptocurrency project, announced that it is pursuing a payment system licence from the Swiss Financial Market […] The post Switzerland’s FINMA clarifies its stand on stablecoins soon after Facebook’s Libra pursues a payment license appeared first on AMBCrypto. дальше »
2019-9-11 13:00
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Facebook Seeks Payments License For Libra as Code Vulnerabilities Surface
Despite escalating regulatory concerns from the governments of the world, Facebook appears to be pressing on with its global bank ambitions. This week the social media giant made moves to seek a payments license for Libra from Switzerland while the US Treasury warned that it would face tough standards. дальше »
2019-9-11 11:31
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New Open-Source Code Vulnerability Was Found and Fixed In Facebook’s Libra
A recently discovered vulnerability on the open-source protocol of Facebook’s Libra was just fixed. The vulnerability was originally discovered by OpenZeppelin, a third-party audit company that is focused on crypto products. дальше »
2019-9-11 00:32
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Startup Finds and Patches Vulnerability in Code for Facebook’s Libra
Developers working for startup OpenZeppelin found and patched a vulnerability in the open-source code of Facebook’s Libra
дальше »2019-9-11 22:55
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US Treasury: Facebook’s Libra And Other Crypto’s Must Adhere To AML & Terrorism Financing Standards
The highly anticipated Facebook’s crypto, Libra, must meet stringent US regulatory requirements before it can be launched, says an official from the US treasury. According to Treasury’s Under Secretary in charge of terrorism as well as financial intelligence, Sigal Mandelker, the Libra stablecoin must achieve the highest standards for fighting money laundering as well as […] дальше »
2019-9-10 21:02
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Will Bitcoin and Crypto Have Their Moment During Apple's Ongoing iPhone Event?
Will Apple follow Samsung’s lead with a full-fledged Blockchain wallet? Will it challenge Facebook’s Libra? дальше »
2019-9-10 20:37
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Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official
Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said. дальше »
2019-9-11 16:30
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Report: Libra Stablecoin Tied to Major Fiat Currencies, Excluding Yuan
Facebook has reportedly provided the U.S. Senate with details regarding the backing reserves for its Libra stablecoin
дальше »2019-9-11 01:50
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