Facebook’s David Marcus Justifies Building A Blockchain Payments Network Vs Traditional Banking System

2019-9-26 19:16

In a blog post published on Wednesday, Libra cofounder David Marcus tried to justify Facebook's move to, saying that it is going to be an asset to the global population as most of them lack access to modern financial services.

What they aim is to provide those people with lower-cost banking services which can bring […]. origin »

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Источник: bitcoinexchangeguide.com

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India doesn’t want WhatsApp sharing your payment data with Facebook

Even as WhatsApp readies to launch its mobile payment service in India later this year, the government is concerned about its privacy and security ramifications. “Indian authorities are concerned that WhatsApp‘s payment service might share user data with group companies Facebook and Instagram, compromising the security, privacy and non-commercial information of its subscribers,” according to a report from the Economic Times.

2019-7-26 09:40


Watch: Facebook’s Crypto Chief Suffers Brutal Senate Backlash

The US Senate Committee on Banking, Housing, and Urban Affairs held a hearing on Facebook’s Libra project this morning, with Facebook crypto chief David Marcus in the hot seat. After a lengthy introduction by Idaho Senator Mike Crapo in which he called Facebook’s aims “commendable,” the committee discussed the potential ramifications of Facebook banking services.

2019-7-17 20:20


US Committee Plans to Ban Facebook Cryptocurrency Libra

The House Financial Services Committee in the United States is set to discuss the future of Facebook’s upcoming cryptocurrency, Libra, on Tuesday. The head of the committee, Democratic Congresswoman Maxine Waters, last week proposed legislation which details rules that would ban Facebook and other technology firms from developing and launching financial services.

2019-7-16 15:00


With Facebook’s Libra Congress Hearings Imminent, Will Bitcoin Price Plummet or Foray Higher?

Facebook’s Libra has been knee-deep in criticism ever since it was unveiled. Another hurdle that Facebook is currently facing is testifying during US governmental hearings. David Marcus, the head of the Calibra wallet, will be testifying before the Senate Banking Committee and the House Financial Services Committee on Tuesday 16th and Wednesday 17th respectively.

2019-7-16 10:24


Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman

Facebook crossed the Atlantic, leaving US Congressmen pointing fingers. Libra, the cryptocurrency project launched by Facebook could be left in the docks before it sets sail for Switzerland. After running into harsh winds at the hands of Jerome Powell, Federal Reserve Chair during his hearing before the House Financial Services Committee, the prospects for Facebook […] The post Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman appeared first on AMBCrypto.

2019-7-11 18:30


Altcoins fall below key support levels

The cryptocurrency market crashed by a strong margin with many altcoins falling below key levels. At press time, the collective market cap stood at $311 billion. The latest bearish trend came right after the US Federal Reserve chairman, Jerome Powell’s latest comment before the US House of Representatives Financial Services Committee, where he warned that Facebook’s Libra […] The post Altcoins fall below key support levels appeared first on AMBCrypto.

2019-7-11 11:00


New Jefferies Survey Shows Users In The US Unlikely To Use Facebook’s Libra Cryptocurrency

According to a recently released research conducted by the financial services company Jefferies, U.S. social media users are unlikely to use Facebook’s new virtual currency Libra. The survey included more than 600 participants and 80% of them answered that they were “unlikely” or “very unlikely” to use the digital asset released by Facebook. Will US […]

2019-7-2 17:32


Власти США просят Facebook отсрочить продвижение их криптовалюты

Член Палаты представителей США Максин Уотерс призвала крупнейшую социальную сеть Facebook прекратить работу над проектом Libra. Об этом в серии твитов сообщил репортер CNN Брайан Фанг. По словам Фанга, конгрессмен Уотерс назвала новую инициативу «еще одним примером неконтролируемой экспансии Facebook».

2019-6-19 11:10


Американские конгрессмены призвали Facebook приостановить работу над криптовалютой Libra

Член Палаты представителей США Максин Уотерс призвала крупнейшую социальную сеть Facebook прекратить работу над проектом Libra. Об этом в серии твитов сообщил репортер CNN Брайан Фанг. По словам Фанга, конгрессмен Уотерс назвала новую инициативу «еще одним примером неконтролируемой экспансии Facebook».

2019-6-19 09:48


Facebook Exec Confirms New GlobalCoin Stablecoin Will Be Linked To A Variety Of Currencies

Facebook Exec Confirms New Stablecoin Will Be Linked To Multiple Currencies The details surrounding the upcoming GlobalCoin from Facebook have been minimal. However, when the head of financial services and payment partnerships for Northern Europe, Laura McCracken, spoke with a German business magazine this week, she said that the stablecoin would not be pegged to […]

2019-6-7 21:51


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