Facebook’s Libra to follow ‘same risks, same rules’ principle in Switzerland as it aims to become a major financial center

2019-9-12 13:00

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’.

The company spearheading Libra had approached Switzerland to acquire a license as a payment system which the regulatory body, FINMA, affirmed on Wednesday […]

The post Facebook’s Libra to follow ‘same risks, same rules’ principle in Switzerland as it aims to become a major financial center appeared first on AMBCrypto.

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same libra switzerland facebook center financial major

Источник: ambcrypto.com

same libra → Результатов: 33


Binance’s Venus will Face the Same Challenges as Facebook’s Libra, says Crypto Researcher

Libra to serve as a cautionary tale for Binance’s Venus The exchange is planning to launch an independent association in charge of stablecoin project Instead of Western companies, Venus’ geographic scope aligns with Beijing's infrastructure initiative Last week, the world's largest cryptocurrency exchange Binance announced its upcoming project, Venus. With that the Mata-based crypto platform […]

2019-8-31 18:23


Africa could emerge as the battleground between Facebook and China as digital currency race heats up

Ever since Facebook announced its plans to launch its own cryptocurrency, the world’s regulatory and financial space hasn’t been the same. However, the news cycle about Libra was soon overtaken by lawmakers and regulatory bodies voicing their grave concerns about the same, while also highlighting Facebook’s own problematic history.

2019-8-21 20:30


Facebook’s Crypto Libra a Ploy to Become ‘Its Own Country’, Blasts UK MP

The spotlight turned on Facebook over the past week by the U.S. Congress over its plans for the Libra cryptocurrency has only whetted the appetite for other countries to do the same. According to the Financial News, a British parliamentary committee has indicated that it will grill Facebook regarding its crypto project as worries grow […] The post Facebook’s Crypto Libra a Ploy to Become ‘Its Own Country’, Blasts UK MP appeared first on CCN Markets

2019-7-24 13:22


France Finance Ministry Agrees With President Trump’s Stance On Libra And Monetary Sovereignty

There are reports coming from France’s Finance Ministry that confirms that they have the same stance as Trump when it comes to Facebooks Libra. President Trump claimed on Thursday that Facebook should have to register as a bank and submit to banking regulations if it plans to move forward with Libra, which company officials have […]

2019-7-13 20:10


France shares President Trump’s apprehension about Facebook’s Libra

A source in France’s Finance ministry has disclosed that France would take the same stance as made clear by President Trump’s tweets earlier today, reported Financial Times. More specifically, the ministry shares the idea that allowing a private company to set up the equivalent of a national currency was a red line that cannot be […] The post France shares President Trump’s apprehension about Facebook’s Libra appeared first on AMBCrypto.

2019-7-13 01:30


Facebook’s Social Media Platforms Crash. Will Libra Be Different?

A few hours ago, the internet’s top social networks suffered a crash that kept users from sharing photos, videos, and similar files. Almost simultaneously, Facebook, Whatsapp, and Instagram suffered the same malfunction causing, as expected, a big nuisance among netizens, who rushed to position the tags #Instagramdown, #facebookdown, and #whatsappdown on Twitter.

2019-7-4 04:00


A Ban On Bitcoin Might Be Harder Than It Seems Due to a Simple Freedom of Speech Issue

Earlier today the US Congress asked Facebook to stop the development of their cryptocurrency Libra. Even though the move is unfair, the same thing might not be possible for Bitcoins. Members of Congress just sent this letter to Facebook asking them to officially stop development of Libra. Wait till Congress finds out they can’t send […]

2019-7-3 20:00


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