French Finance Minister: Libra Will Take Away State’s Power To Control Currency

2019-10-17 20:31

French Economy and finance minister Bruno Le Maire attacks Libra again this time claiming that Facebook’s led stablecoin will intrude on one of the most important national government mandates, issuance of currency.

In an op-ed to Financial Times, Le Maire stated if Libra was allowed to take off it will take away the sovereign power […]. origin »

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Bitcoin Price Plummets Under $10K As Lawmakers Take on Facebook’s Crypto

Over the weekend, United States President Donald Trump tweeted about Facebook’s Libra cryptocurrency and expressed his negative thoughts about the corporation’s idea of the future of money. He also made comments about Bitcoin, and the entire emerging financial asset class of cryptocurrencies, and spoke of their “unlawful” usage in activities like cybercrime, ransomware, and money […] The post Bitcoin Price Plummets Under $10K As Lawmakers Take on Facebook’s Crypto appeared first on ZyCrypto.

2019-7-17 23:27


Libra and Bitcoin: Friends, Enemies or just Frenemies?

The rise of Facebook and its intention to enter the cryptosphere has got many people talking and wondering if Libra might actually take over Bitcoin as the leading cryptocurrency. This kind of assertion shouldn’t be surprising, considering the fact that most people don’t even understand the very idea of the blockchain technology in the first […] The post Libra and Bitcoin: Friends, Enemies or just Frenemies? appeared first on ZyCrypto.

2019-7-16 19:50


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 Gets Legal Notice by Israeli Insurance Firm For Infringing on its Libra Trademarked Brand Name

The Insurance firm has already sent a notice to Facebook against using its brand name via its legal representative Liad Whatstein and Co. The legal firm specializes in trademarking and patent laws. In the notice, they have threatened to take Facebook to the court if they won’t stop using their trademarked name of Libra. Libra […]

2019-7-3 20:44


Libra’s heavy promotion, Facebook’s massive customer base may be beneficial to Bitcoin

Bitcoin and Libra have been vying to take the top spot in terms of developments in the cryptocurrency space over the past few weeks. With Bitcoin briefly hitting the $13,000 mark, the industry has been on an upward climb, with many proponents connecting the ramifications of the launch of Facebook’s cryptocurrency with the sudden price […] The post Libra’s heavy promotion, Facebook’s massive customer base may be beneficial to Bitcoin appeared first on AMBCrypto.

2019-6-26 15:00


Facebook’s belated entry into the cryptospace has a clearly-defined ‘why’ to it

Libra, Facebook’s yet-to-be launched cryptocurrency, is still receiving a lot of reviews for and against its favor, with many in the industry split over its operations and utility. Meltem Demirors was one of them, and she has a very different take on why Facebook launched a cryptocurrency now, when the industry is already a decade […] The post Facebook’s belated entry into the cryptospace has a clearly-defined ‘why’ to it appeared first on AMBCrypto.

2019-6-22 18:30


Facebook’s Project Libra Will Change Cryptocurrency Industry Forever

Coinspeaker Facebook’s Project Libra Will Change Cryptocurrency Industry ForeverSince Facebook revealed its new project Libra, and everything that is related to it, people are starting to wake up and speculate – is Facebook's Project Libra going to take over the cryptocurrency industry? Whether it will be a good or a bad mark, let's see.

2019-6-19 08:20


Only an Idiot Would Use Facebook’s Shady Cryptocurrency

By CCN. com: In its neverending conquest to take over the world, Facebook is building a network of online merchants and financial institutions to support its secretive new cryptocurrency. The Wall Street Journal reports that Mark Zuckerberg’s war machine is looking for $1 billion to fund the secretive stablecoin project, Project Libra, and is talking with heavyweights like Visa and Mastercard to get that cash.

2019-5-5 21:15


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