Facebook Crypto Libra Faces Grilling From 26 Central Banks Today

2019-9-17 11:36

Facebook is set to go through another round of extreme questioning as it goes ahead with the plans to launch its controversial cryptocurrency Libra. The tech giant will face representatives of twenty-six central banks, including the Federal Reserve and the European Central Bank (ECB, in Basel, Switzerland, on Monday.

The high-profile interaction would see global […]

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Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks

It’s been a week since Facebook’s entry into the cryptocurrency and payments world was announced. Since then, a lot has happened. From the Libra lead, David Marcus, talking about shared internal governance control over the cryptocurrency, to the regulatory uncertainty the crypto may face with politicians around the world taking a shot at the it, […] The post Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks appeared first on AMBCrypto.

2019-6-24 09:55


Fed Chair Jerome Powell Talks About Facebook’s Crypto Project During A Press Conference

Jerome Powell said the monetary policy shouldn’t be affected by Cryptocurrencies Libra will be strictly regulated by agencies and governments all around the world The Chairman of the Federal Reserve of the United States Jerome Powell talked with the reporters about Facebook’s recently launched Libra. As reported by The Block, the central bank of the […]

2019-6-20 03:54