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China's CBDC already holds advantage over PayPal, Libra
China is setting the wheels in motion to reduce the dominance of the US dollar. According to a recent report, it was revealed the Asian country was looking to amplify usage of its native fiat curreThe post China's CBDC already holds advantage over PayPal, Libra appeared first on AMBCrypto. дальше »
2019-12-7 00:30
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EU Finance Ministers Place Defacto Ban on Libra
Libra’s ongoing organizational snags and run-ins with regulators continue into December, as EU finance ministers agreed Thursday that Libra cannot be launched in the EU until concerns are adequately addressed. дальше »
2019-12-7 20:40
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US Treasury Secy 'Fine' with fully compliant Libra launch
Steven Mnuchin, United States' Treasury Secretary is 'fine' with the launch of Facebook's digital currency Libra. The caveat, however, is that the digital currency will have to be compliant with moneyThe post US Treasury Secy 'Fine' with fully compliant Libra launch appeared first on AMBCrypto. дальше »
2019-12-6 16:30
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EU to Address Risks Before Allowing Private Digital Currencies Like Facebook’s Libra
EU finance ministers have agreed on Thursday that private digital currencies like Facebook’s Libra shouldn’t be allowed in the EU before their risks are being addressed. This means the bloc has a tough stance on the Libra, which has been widely criticized by regulators all over the world and had its influence on the financial […] дальше »
2019-12-5 17:52
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Trusted third parties should issue stablecoins, not Facebook- eToro believes partnering with authorized partners is the key to success for Libra
If Facebook’s Libra project is to succeed it should use stablecoins issued by regulated third parties rather than create its own crypto-assets, that’s the conclusion of a new position paper publisThe post Trusted third parties should issue stablecoins, not Facebook- eToro believes partnering with authorized partners is the key to success for Libra appeared first on AMBCrypto. дальше »
2019-11-29 15:30
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EToro: Facebook Should Drop Libra and Support Third-Party Stablecoins
Facebook needs to change strategy and focus on the Calibra wallet — not Libra — to assure success, say eToro’s blockchain researchers
дальше »2019-11-28 15:52
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Libra not developed to compete with U.S Dollar, Euro: Calibra's Catalini
Libra's announcement has put Facebook right on top of the regulators' hit-list, with the project regularly in the news over new hurdles being put in the way of its launch. Despite these issues, howeveThe post Libra not developed to compete with U. дальше »
2019-11-26 17:30
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Libra Testnet Fails to Impress as New Legislation Looms
A November 15 blog post by Libra project developers detailing testnet developments has apparently failed to impress government regulators and influential voices in the space alike. CEO of blockchain company R3, David Rutter, commented at a London conference last week that “what they did was ridiculously stupid,” going on to call the announcement and approach […] The post Libra Testnet Fails to Impress as New Legislation Looms appeared first on Bitcoin News. дальше »
2019-11-25 12:12
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Libra Would Be Registered as a Security in the U.S. after Legislative Overturn
Coinspeaker Libra Would Be Registered as a Security in the U. S. after Legislative OverturnUnder a new U. S. bill, Facebook’s Libra would be viewed as a security and would be within the jurisdiction of the Securities and Exchange Commission (SEC). дальше »
2019-11-23 23:24
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Facebook’s Libra Would be Registered as a Security in the U.S. after Legislative Overturn
Coinspeaker Facebook’s Libra Would be Registered as a Security in the U. S. after Legislative OverturnUnder a new U. S. bill, Facebook’s Libra would be viewed as a security and would be within the jurisdiction of the Securities and Exchange Commission (SEC). дальше »
2019-11-25 23:24
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U.S. CFTC Chairman Unsure about Libra’s Status
Coinspeaker U.S. CFTC Chairman Unsure about Libra’s StatusThe chairman of the U.S. Commodities and Futures Trading Commission has some doubts about whether Facebook's Libra can be viewed as a commodity or a security.U.S. CFTC Chairman Unsure about Libra’s Status дальше »
2019-11-21 14:01
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Libra testnet proceeds 51,000 transactions
Despite the resistance of world regulators, the Facebook's cryptocurrency project, Libra, continues thriving. In two months, thousands of transactions were logged on Libra testnet.
дальше »2019-11-23 01:56
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Too Early to Tell if Libra Is a Security, CFTC Chairman Says
Despite some headlines, CFTC chief Heath Tarbert didn't actually say Libra is a security, even if it is different from commodity bitcoin. дальше »
2019-11-21 19:13
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Libra Network Logged Over 30 Projects in Past Two Months of Testing
The Libra Association has managed to log more than 30 projects and 51,000 transactions on the Libra network since it reset the testnet on September 17, 2019
дальше »2019-11-21 16:08
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China’s PBoC Official Educates the Public on Cryptocurrencies and Facebook’s Project Libra
Mu Changchun, the Deputy Director of the People’s Bank of China (PBoC) has taken to De Dao, a popular Chinese education app to enlighten the masses on cryptocurrencies, including Facebook’s Libra altcoin and China’s Digital Currency Electronic Payment (DCEP) system, reports Forkast on November 18, 2019. дальше »
2019-11-18 20:00
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This Tiny Crypto Startup Has Lessons for Libra’s ‘Unbanked’ Dreams
If Facebook’s Libra project truly aims to serve the globe’s 1.7 billion unbanked, Hong Kong-based Bitspark might offer some insights. дальше »
2019-11-18 11:50
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Despite Regulatory Impediments, Facebook’s Libra Proclaims It Is “Growing Strong”
The announcement of Facebook’s upcoming digital asset, Libra, has come with its fair amount of controversy and upset across the globe. Even while some countries are refusing to allow for its use at all, the Libra Association doesn’t appear to be the least bit bothered. дальше »
2019-11-16 21:14
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Libra claims development is 'going strong', even as regulators remain unconvinced
You win some; you lose some. Facebook's Libra since it was unveiled on June 18, 2019 has been told to 'halt operations,' by the Fed chairman, called a national security threat by the US Treasury SeThe post Libra claims development is 'going strong', even as regulators remain unconvinced appeared first on AMBCrypto. дальше »
2019-11-16 14:00
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Facebook's Libra will happen in some form: Abra's Bill Barhydt
Abra, the cryptocurrency investment app and wallet, recently revealed that it would be offering 60 new cryptocurrencies to its users based in the United States, while doubling the bank deposit limit fThe post Facebook's Libra will happen in some form: Abra's Bill Barhydt appeared first on AMBCrypto. дальше »
2019-11-14 12:30
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Facebook might've just put the final nail in Libra's coffin
Facebook may have a plan B. Libra may be dead and buried and Facebook might be looking to keep it that way. The social media giant initiated the Libra digital currency project back in June, and it The post Facebook might've just put the final nail in Libra's coffin appeared first on AMBCrypto. дальше »
2019-11-13 16:30
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Libra has suffered owing to Facebook's reputation: Former CFTC Chairman
Christopher Giancarlo, Former CFTC chairman, recently featured on an edition of the Unchained podcast to highlight the need for revamping legacy rules for mainstreaming cryptocurrencies. In doing so, The post Libra has suffered owing to Facebook's reputation: Former CFTC Chairman appeared first on AMBCrypto. дальше »
2019-11-13 11:30
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Facebook’s Libra Will Generate Revenue Through Advertising (But Your Data Will Remain Safe)
The co-creator of Facebook’s cryptocurrency has further clarified how Libra is expected to operate and provided some insight into what we can expect for the much-maligned stablecoin. According to a recent speech by Christian Catalini, Facebook’s new stablecoin will generate profit through a new advertising revenue model that is kept entirely separate from Facebook. дальше »
2019-11-13 07:24
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As Regulators Stonewall Libra, Facebook Rolls Out New Payment System
Seemingly sidelining Libra for the time being, Facebook launches new fiat payment system
дальше »2019-11-13 04:55
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German Banks Remain Skeptical of Libra, Won’t Ban It
For the better part of two months, Facebook has been in the fight to save Libra, its stablecoin project, from being shelved by regulators both at home and abroad. Concerns over a wide array of things (including money laundering and customer protection) have put the future of the asset in jeopardy, with the latest of […] The post German Banks Remain Skeptical of Libra, Won’t Ban It appeared first on BeInCrypto. дальше »
2019-11-12 03:36
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Leading Chinese Economist Says Libra Should Be in IMF Custody
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. дальше »
2019-11-9 00:12
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JPMorgan CEO Jamie Dimon Talks About Zuckerberg, Libra Launch and Banking Innovation
New statements have emerged from JPMorgan CEO Jamie Dimon in an interview on the possible impact of Facebook’s Libra and what it might mean for banking institutions around the world. Here is the two to three minute clip specifically about Facebook's Libra comments and how Zuckerberg talked in front of congress. While the whole interview […] дальше »
2019-11-8 18:59
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Former PBoC Governor: Libra Would Be Trusted If Run by IMF
Zhou Xiaochuan — the People’s Bank of China’s longest-serving governor — has proposed Libra would be more easily trusted if it were in the hands of the IMF
дальше »2019-11-8 15:08
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Ex-PBoC Boss: Facebook’s Libra Will Work Better if it’s in IMF Custody
A former head of China’s central bank has come out to say that Facebook’s Libra would be better served under the control of the International Monetary Fund (IMF). Facebook’s proposed digital payment platform continues to draw criticism from financial regulators around the world. дальше »
2019-11-8 14:10
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Libra or 'Megabank Monopoly' may be confronted by 'Public Competitor' FedNow
Libra is in the shadow of the Federal Reserve. Since Facebook unveiled Libra, the world of digital payments has not been the same. Within a few weeks of the announcement by the social media giant, The post Libra or 'Megabank Monopoly' may be confronted by 'Public Competitor' FedNow appeared first on AMBCrypto. дальше »
2019-11-8 13:00
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Binance's CZ on listing Libra, Gram: Criteria is number of users
Changpeng Zhao, the CEO of Binance cryptocurrency exchange recently featured in an interview to share his views on cryptocurrencies and Libra. Zhao mentioned that currently, the release of Libra cryptThe post Binance's CZ on listing Libra, Gram: Criteria is number of users appeared first on AMBCrypto. дальше »
2019-11-8 02:30
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Europe Braces For Coming Digital Storm As EU Moves To Not Allow Facebook’s Libra to Launch
With its Libra project, Facebook has opened a Pandora’s box. Now, countries all over the globe are bracing for the irresistible impact of high-profile digital stablecoins in their economies and the situation is not any different in the European Union. дальше »
2019-11-7 22:13
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Libra co-creator explains the need to involve trusted brands
Mark Zuckerberg's latest hearing on Libra sparked conversation around the token as an answer to China's growing interest in cryptocurrency. Christian Catalini, co-creator of Libra and chief economist The post Libra co-creator explains the need to involve trusted brands appeared first on AMBCrypto. дальше »
2019-11-6 15:30
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Libra not meant to be a 'walled garden or siloed solution'
Libra co-creator and chief economist at Calibra, Christian Catalini, recently featured in Unchained Podcast to discuss details regarding Facebook's involvement and the Libra Association's roadmap. дальше »
2019-11-6 13:30
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EU Wants to Compete with Facebook’s Libra Instead of Just Banning It
Coinspeaker EU Wants to Compete with Facebook’s Libra Instead of Just Banning ItMany world's governments decided to ban Facebook's Libra before it enters the game. However, the EU wants to go even further. дальше »
2019-11-6 12:37
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EU Reaffirms Potential Move to Block Facebook’s Cryptocurrency
The European Union will impede the development of Libra if it judges the project to pose excessive risks
дальше »2019-11-7 12:00
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Final composition of Libra's basket of currencies to be decided by members of association
Libra co-creator Christian Catalini made a rare appearance in the latest Unchained Podcast to discuss Libra's motives of disrupting the existing financial ecosystem. While the entrepreneur detailed onThe post Final composition of Libra's basket of currencies to be decided by members of association appeared first on AMBCrypto. дальше »
2019-11-6 10:00
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Cryptocurrency Clampdown? Libra Forces EU to Consider Regulations and Own Stablecoin
A new European Union (EU) draft document says that the European Central Bank (ECB) should hasten progress towards issuing its own digital currency for use by the public ahead of Facebook’s Libra project. дальше »
2019-11-6 04:23
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Calibra Association’s Kevin Weil: Libra Won’t Spread As Fast As Facebook’s Social Media Network
Kevin Weil, the vice president of products at Facebook’s subsidiary Calibra, has recently talked about the expansion of the main project of the company. According to him, the Libra stablecoin may take years, if not decades, to “catch on”. дальше »
2019-11-6 02:01
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Libra's effect on fiat currencies fueling government's fears: Mark Yusko
Facebook has been the talk of the town after it announced its cryptocurrency project, Libra. While many are skeptical of the project, several others remain bullish about the opportunities afforded by The post Libra's effect on fiat currencies fueling government's fears: Mark Yusko appeared first on AMBCrypto. дальше »
2019-11-6 23:30
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Facebook’s Crypto Effort Will Take Decades to Spread but Libra Will Be Worth It, Says Exec
An executive at Facebook has said that Libra will not spread in the same way that the company’s social network did. Kevin Weil believes that the social media giant’s foray into the crypto asset space will take decades to fully roll out. дальше »
2019-11-6 23:00
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Libra Project Should Not Be Headed by Facebook, Says Co-Founder of Ethereum
Coinspeaker Libra Project Should Not Be Headed by Facebook, Says Co-Founder of EthereumEthereum co-founder said that Libra should not be run by Facebook because the social media giant still hasn’t earned the people’s trust. дальше »
2019-11-5 17:46
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Ethereum's Co-founder lays down the roadmap for Facebook's Libra
Libra will have company soon. When it was unveiled in June 2019, it was seen as the next frontier for technology companies the world over. To the cryptocurrency world, however, Facebook's Libra wasThe post Ethereum's Co-founder lays down the roadmap for Facebook's Libra appeared first on AMBCrypto. дальше »
2019-11-5 17:00
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Stablecoins like Facebook's Libra can include features typical of regulated securities
Stablecoins seem to have garnered a lot of attention recently from many in the mainstream media after Facebook launched its own crypto-project, Libra. In fact, regulators are among those who are most The post Stablecoins like Facebook's Libra can include features typical of regulated securities appeared first on AMBCrypto. дальше »
2019-11-5 11:30
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Libra, Stablecoins Should Be Regulated as Securities, Says Global Trading Regulator
For months now, Libra, the stablecoin project from Facebook, has been mired in one controversy or the other. However, a new report could throw the asset’s future operation into further disarray. On November 4, popular news medium Reuters reported that the International Organization of Securities Commissions (IOSCO), a global securities and futures trading regulator, is […] The post Libra, Stablecoins Should Be Regulated as Securities, Says Global Trading Regulator appeared first on BeInCrypto. дальше »
2019-11-5 07:06
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IOSCO: Existing Securities Rules Could Apply to Facebook’s Libra and Other Stablecoins
The launch of the Libra stablecoin by Facebook is still months away but reports from Reuters indicate that there are already securities rules in place that could apply. Rather than restricting stablecoin, these rules could help reveal the full benefits, according to IOSCO. дальше »
2019-11-5 23:07
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Could Libra Be Revived By A Shining Armored Knight?
Mark Zuckerberg couldn’t possibly have imagined it would be easy. Having ostracized the crypto community by banning their ads on his platform, the Facebook CEO went on to announce the intention to create a cryptocurrency of his own in Libra. дальше »
2019-11-2 18:35
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Is Libra A Good Horse With The Wrong Jockey Or Just A Plain Old Bad Idea?
Mark Zuckerberg couldn’t possibly have imagined it would be easy. Having ostracized the crypto community by banning their ads on his platform, the Facebook CEO went on to announce the intention to create a cryptocurrency of his own in Libra. дальше »
2019-11-1 18:35
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