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Facebook Faces Fresh EU Scrutiny As WhatsApp Edges Closer To Mobile Payments
The European Union is actively probing Facebook’s Libra digital currency project for competition law violations, mainstream media report. Facebook’s Libra Has ‘Potential Anti-Competitive Behavior’ According to Bloomberg, which cited official correspondence August 20, the European Commission is quizzing Libra participants via a dedicated questionnaire. дальше »
2019-8-21 14:00
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EU Investigating Facebooks Libra Cryptocurrency From Anti-Trust Angle
The European Commission, an executive branch of the EU, has initiated their inquiry into Libra’s ability to suppress rivals and create a financial monopoly. Reports from Bloomberg, August 21, 2019, confirm that the European Commission is scrutinizing the consortium of companies involved with Libra. дальше »
2019-8-21 13:00
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Erik Finman: My Cryptocurrency Will Kill Libra - and Replace Bitcoin
By CCN Markets: Crypto millionaire Erik Finman says bitcoin "is being replaced" by Facebook's Libra. But he insists his cryptocurrency, Metal Pay, is the "Libra Killer. " The 20-year-old entrepreneur made the ballsy claims in a blog post at Wall Street Playboys. дальше »
2019-8-21 00:00
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European Union’s Commission Branch Expresses Worry About Facebook’s Libra Monopoly Money
Facebook is having a hard time convincing regulators and lawmakers to approve its new digital coin Libra. Now that both the United States and India have presented concerns about the project, it was the time for the European Union to do it. дальше »
2019-8-21 23:58
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Inaugural Incubator For Libra Crypto Developers, Libracamp, Is Not Supported By Facebook
Even though they may not contribute the mandatory $10 million to join the Libra Association, a team from Israel is primed to earn huge profits from the Libra project. A newly started firm known as Libracamp has so far received over 80 applications from developers wishing to be part of a virtual bootcamp for Libra […] дальше »
2019-8-20 20:07
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Winklevoss Twins Open to Partner with Facebook Despite Old Disputes
Tyler and Cameron Winklevoss, the co-founders of crypto exchange Gemini, admitted in an interview with CNN that they were ready to partner with Facebook for the Libra project. Tyler and Cameron Winklevoss Believe in Libra On August 19, Winklevoss brothers told CNN’s Poppy Harlow that they would close their eyes to their rivalry with Facebook’s Mark Zuckerberg for Libra. дальше »
2019-8-20 17:42
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Facebook’s Libra testnet available now on ZenGo
Social media giant Facebook has been under the spotlight for quite some time, following its entry into the crypto world with its coin Libra. In recent news, six lawmakers from the U. S. are said to visit Switzerland to further discuss the launch of the cryptocurrency. дальше »
2019-8-19 21:35
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Facebook’s Libra to Dominate Discussions during U.S. Lawmakers’ Visit to Switzerland
Coinspeaker Facebook’s Libra to Dominate Discussions during U. S. Lawmakers’ Visit to SwitzerlandThe U. S. House Financial Services Committee delegation plans to visit Switzerland to exchange views about Facebook’s Libra with the Swiss FDPIC Adrian Lobsiger. дальше »
2019-8-20 17:38
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Libra Returns to Center Stage as American Delegation Holds Talks with Swiss Regulators
Libra is back to making headlines after a brief stint in the shadows following news that they may not launch if regulators don’t approve of the project. As per a Bloomberg report, August 18, 2019, a delegation of six bureaucrats, led by Rep. дальше »
2019-8-19 15:41
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ZenGo Bitcoin Wallet Adds Support for Facebook’s Libra
ZenGo, a keyless multi-cryptocurrency wallet created by an Israel-based blockchain startup, has added support for Facebook’s Libra coin which is slated to go live in 2020. The wallet lets users store a test version of Libra that has no monetary value, to enable them to get familiar with the stablecoin before its official launch, reportsRead MoreRead More. дальше »
2019-8-19 13:00
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China’s Central Bank Digital Currency Threatens Alipay and WeChat
China’s leading online payment platforms will face fierce competition from both the PBOC coin and Facebook’s Libra дальше »
2019-8-19 09:12
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Rejecting Libra: A Postscript On The Importance Of Decentralization
Following our open letter to non-crypto friends, the crucial topic of decentralization demanded further elaboration. Why is it at the heart of so many discussions in cryptocurrency? And why has the crypto community reacted to Facebook’s Libra project with a mixture of amusement, hope for mainstream acceptance, and naked hostility? Most importantly, we must not […] The post Rejecting Libra: A Postscript On The Importance Of Decentralization appeared first on Crypto Briefing. дальше »
2019-8-19 22:00
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Will regulators stand united or divided against Facebook’s Libra?
Can the unstoppable force move the immovable object? Since the dawn of time, innovation is viewed from two different perspectives. One from the perspective of the innovator, and the other from the perspective of the innovation enforcer. дальше »
2019-8-18 18:30
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Facebook’s Libra may be the death knell for Weaker Economies
60 percent of the world’s population could shift to Facebook’s Libra. The world is at a turning point. Financial crisis seems to be rearing its ugly head, trade wars are heating up, and currency crashes are a regular occurrence. дальше »
2019-8-15 18:00
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Facebook Covert Audio Sharing Casts Doubt Over Libra Privacy
Facebook used third-party contractors to listen to user audio without telling them, in a move which raises questions about the third-party sponsors of its libra cryptocurrency. Facebook Shared Messages With Third Parties As Bloomberg reported on August 13, Facebook confirmed it had used middleman firms to transcribe audio messages from its Messenger app. дальше »
2019-8-14 11:34
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Privacy Shocker: Did Facebook's Libra Plans Just Go Up in Smoke?
By CCN Markets: As if Facebook didn't have enough privacy issues, the company now confirms that it has been transcribing the audio chats of its users for quite some time. Facebook Claims It Wasn't Being Sneaky Facebook claims that the only conversations that were transcribed were from those users who selected that option in the […] The post Privacy Shocker: Did Facebook's Libra Plans Just Go Up in Smoke? appeared first on CCN Markets дальше »
2019-8-14 03:20
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Legal Expert Katharina Pistor Weighs in on Facebook’s Libra
Is Facebook's Libra a "concentration of power... unmatched by any meaningful accountability to anyone?" Legal expert Katharina Pistor thinks so. дальше »
2019-8-14 17:00
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Monero’s Riccardo Spagni claims Facebook’s Libra undermines privacy
It hasn’t been a bed of roses for Facebook as it continues to struggle with regulations to enter the world of cryptocurrencies. A host of hearings and proposed regulations by lawmakers has got the cryptoverse anxious about the future of the social media giant’s crypto-project. дальше »
2019-8-9 11:30
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Binance CEO CZ says Facebook’s Libra will receive widespread adoption despite the negative attention
Binance CEO, Changpeng Zhao recently spoke about the firm’s plans to expand its operations in Europe, citing imminent plans to open a London-based office. He also gave his insight into Facebook’s Libra and whether Binance will be part of the consortium of companies backing Libra. дальше »
2019-8-8 20:54
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Walmart Goes the Same Way Facebook did with Libra but may get a different result. Here’s why
Recently, Facebook one of the biggest guns in technology decided to create its cryptocurrency: Libra. The US Government was up in arms about it. Mark Zuckerberg and his team of geniuses at Facebook Headquarters had one simple goal in mind when they dreamt of the Libra project: Global Control. дальше »
2019-8-8 19:57
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Facebook’s Libra Continues To Receive Worrisome Outlooks From Global Finance Regulators
Libra, the cryptocurrency project headed by Facebook and the Libra Association, is getting heat from several privacy and data protection regulators around the world. According to recent reports made by The Block Crypto, regulators from countries such as the United States, Canada, United Kingdom, Australia and the European Union are all concerned about Libra and […] дальше »
2019-8-7 22:35
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Facebook Onboards Former Aide Of US Senator To Lobby For Its Libra Crypto Project
The world is watching Facebook and all of its moves related to the creation and regulation of the Libra stablecoin. Now, in order to protect its interests, Facebook has decided to hire a new person for its lobby team: Susan Zook. дальше »
2019-8-6 21:13
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Facebook Poaches Ex-GOP Aide to Peddle Libra to Congress
Facebook has hired a former assistant to Republican Senator Mike Crapo as a lobbyist in their broader campaign to make Libra palatable to crypto skeptics on Capitol Hill. Susan Stoner Zook stopped working as an aide to Crapo back in 2013, according to her LinkedIn profile. дальше »
2019-8-7 17:46
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Facebook, stop trying to make Libra happen
Just when we thought Facebook’s Libra couldn’t be subject to any more scrutiny, it turns out that data protection bosses from all over the world have banded together to share concerns about the ‘cryptocurrency’s’ potential privacy risks. дальше »
2019-8-6 14:49
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Facebook Hires Political Influencer to Lobby for Its Libra Cryptocurrency
Coinspeaker Facebook Hires Political Influencer to Lobby for Its Libra CryptocurrencyFacebook has recently hired Susan Zook, a former aid to the chairman US Senate Banking Committee to work on lobbying Facebook's Libra cryptocurrency project. дальше »
2019-8-6 13:49
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Cardano’s Charles Hoskinson likens government’s crypto-involvement to the Chernobyl disaster
Cardano’s Charles Hoskinson shared his insights on Facebook’s latest crypto-venture, Libra, and the government’s intervention, in his latest AMA session. Over the past few weeks, Facebook’s Libra has faced a barrage of criticism from lawmakers, further delaying the launch of the coin. дальше »
2019-8-6 08:45
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United Kingdom’s Data Protection Agency Is Concerned About Facebook’s New Project Libra
The United Kingdom’s Information Commissioner’s Office has recently decided to request that the Libra Association should provide more details on how the group will protect the data that will be gathered by the users of the upcoming Facebook Libra stablecoin. дальше »
2019-8-6 23:04
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Facebook, Libra & the Thrilling Rise of the Branded Cryptocurrency
It was hard not to feel compassion for Libra chief David Marcus, watching him deal with angry questioning in Congress two weeks ago. The level of distrust in Facebook has reached new highs - some of the Congressmen and Senators replaced questions with blunt criticism aimed at Marcus and the big blue company. дальше »
2019-8-4 18:00
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Facebook’s Libra Could Undermine Sovereign Currencies According to Former Bank of Japan Exec
A former employee of the Bank of Japan (BoJ) believes that Facebook’s Libra may threaten the impact of local monetary policies. Libra may reduce the overall effectiveness of monetary policies as well as weaken emerging markets currencies. дальше »
2019-8-4 23:00
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Japanese finance giant Monex applies to the Libra Association
Monex Group, the owner of Coincheck, Japan’s largest cryptocurrency exchange, has applied to join the Libra Association. дальше »
2019-8-3 22:25
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Bitwise Report Elaborates on How Facebook’s Libra Project Pushed Bitcoin’s Development by Three Years
Bitwise — a U. S. cryptocurrency index fund provider — recently released a study in which it claimed that Facebook’s upcoming stablecoin offering Libra has accelerated BTCs progress by a little over three years. дальше »
2019-8-3 18:40
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Facebook’s Libra vs the World’s Governments: Will Mark Stand a Chance?
Coinspeaker Facebook’s Libra vs the World’s Governments: Will Mark Stand a Chance?Let’s dig deeper into what Libra is, what it might mean to the global economy, and why it’s currently below the U. дальше »
2019-8-3 09:00
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Former Executive of Bank of Japan Believes Libra Could Undermine Current Financial Policies
A former executive with the Japanese bank believes that globally coordinated regulation of Libra could eradicate complications with the current financial system. Facebook has stated that the launch of Libra may not ultimately happen. дальше »
2019-8-3 20:52
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Facebook's Libra Called A Threat for Current Monetary Policy
A former Bank of Japan executive said that Libra could undermine existing monetary policy if it became widespread. дальше »
2019-8-14 17:18
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Walmart Wants to Patent a Stablecoin That Looks a Lot Like Facebook Libra
Retail giant Walmart has applied for a cryptocurrency patent that bears some similarities to the Libra token proposed by Facebook in mid-June. дальше »
2019-8-2 12:27
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Regulatory Pressure Could Prevent Facebook’s Libra from Launching
The intense scrutiny from regulatory agencies, governments, and central banks globally regarding Facebook’s Libra, could just be the end of the company’s stablecoin project. According to a report by CNBC, Facebook revealed in a recent filing with the U. дальше »
2019-7-31 13:29
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Facebook Admits Libra May Never Actually Launch
In a quarterly report sent to the US Securities and Exchange Commission, Facebook stated that technical barriers and the unclear crypto regulatory landscape in the US could mean that the Libra cryptocurrency might never see the light of day. дальше »
2019-7-30 19:04
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Facebook’s Libra may succumb under the regulator’s thumb
Menlo Park, we have a problem! In every industry, there comes a time when someone/something surges before eventually faltering, leaving everyone with the feeling of ‘what could’ve been. дальше »
2019-7-30 17:57
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Facebook Warns of “No Assurance” Libra will be made Available on Time, if “At all”
In the risk factors section of the Q2 report, the social media said that it recognizes the significance of the pushback from regulators and lawmakers since the project was announced in June. “Libra has drawn significant scrutiny from governments and regulators in multiple jurisdictions and we expect that scrutiny to continue,” Facebook said in its […] дальше »
2019-7-30 17:06
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Facebook Could ‘Pull The Plug’ On Libra, New Statement Reveals
Since Facebook’s announcement of its plan to launch a global currency in the form of a cryptocurrency called Libra, financial regulators across the world have spat fire and brimstone at the social media company. дальше »
2019-7-30 16:12
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