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Libra may be canceled due to regulatory concerns, Facebook tells investors
Facebook has warned investors that its highly anticipated, and much-contested cryptocurrency project, Libra, may never get off the ground. Libra’s May 2019 debut brought to an end nearly a year of speculation that Facebook was quietly building a cryptocurrency, with the social media giant unveiling a permissioned payments blockchain for its 2. дальше »
2019-7-30 10:15 | |
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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. дальше »
2019-7-26 09:40 | |
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G7 Abuzz With Facebook's Libra Cryptocurrency Project
While financial chiefs around the world gathered to discuss the "serious difficulties" Facebook's Libra cryptocurrency may cause, the summit was also swirling with rumors that Japan was leading the development of a government-backed international crypto payments system meant to help tackle money laundering issues. дальше »
2019-7-18 18:58 | |
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Libra and others that follow it will establish exchange relations with major currencies, says former PBoC Governor
With Bitcoin getting mainstream recognition, there has been a lot of institutional onboarding into digital assets. Giants like Facebook, J. P. Morgan, Amazon, Alibaba, Microsoft, and others from all industrial sectors have started to look towards these assets as something that could potentially help solve problems in existing systems, ranging from payments, transfer of value etc. дальше »
2019-7-10 17:30 | |
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Ripple SVP claims MoneyGram partnership is an enabler for driving real-world use cases
The entry of non-financial and technological giants into the crypto-market has put blockchain technology and cryptocurrencies in the limelight. Consequentially, a plethora of companies such as Facebook are trying to make their mark in the payments realm. дальше »
2019-7-2 22:30 | |
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Singapore Food Court Operator Introduces Bitcoin Payments
Kopitiam, the operator of food-courts in many Singapore malls, has unveiled a new ordering solution, allowing payments in bitcoin. Bitcoin-Enabled Food Court At the KOPItech food-court in the newly refurbished Funan mall, customers order through self-service kiosks or via Facebook Messenger using QR codes located on each table. дальше »
2019-7-2 15:00 | |
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Anthony Pompliano Considers Facebook’s Calibra Wallet Will Have To Support Bitcoin To Survive
Facebook has recently launched a digital asset called Libra that is expected to be launched as soon as next year. In order for it to work, users will have to use the Calibra wallet that would allow them to make transactions, payments and more. дальше »
2019-6-29 19:48 | |
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Will FB’s Libra be a public ‘on-ramp’ to the cryptocurrency world or will it be a detour?
With the smoke from the Libra unveiling now firmly wiped clear, Facebook’s tryst into the cryptocurrency world is now in full view for the world to see. While some are still choking on its fumes, deeming the once referred to as ‘GlobalCoin’ as a tech-focused centralized attempt at payments, others are calling it a breath […] The post Will FB’s Libra be a public ‘on-ramp’ to the cryptocurrency world or will it be a detour? appeared first on AMBCrypto. дальше »
2019-6-29 13:30 | |
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Facebook’s Project Libra Gets Demolished By BitMEX’s Op-Ed By CEO Arthur Hayes
Facebook has recently released a new project called Libra that aims at helping users transact funds between borders, make payments and purchase things, including goods and services. However, there are many crypto enthusiasts that are not so excited about Facebook’s new project. дальше »
2019-6-29 01:36 | |
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European Banks Receive Instant Payments Plan to Stave Off Libra Takeover
Finance industry officials have hinted toward the development of a real-time payments system with instant settlement to be used by banks across the Eurozone. Traditional financial systems have come under pressure from cryptocurrencies and, more recently, Facebook’s new digital currency, as reported by Reuters, June 26, 2019. дальше »
2019-6-29 21:00 | |
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EU Banks Race To Implement Instant Payments In Wake Of Libra Announcement
Countries within the eurozone could have an instant payments system implemented across all banks by 2020 as finance industry officials fear competition with Facebook's Libra cryptocurrency.
дальше »2019-6-28 19:20 | |
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Facebook Pushes on with Cryptocurrency Recruitment Despite Libra Project Criticism
Facebook is advertising job offers for a cryptocurrency wallet data engineer and regulatory policy expert as it moves forward with its plans for the Libra project. Meanwhile, stakeholders across the cryptocurrency and mainstream finance industries, as well as government officials, continue to express concerns about the company’s foray into the world of cryptocurrency payments. дальше »
2019-6-25 15:00 | |
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US Congress Calls For Second Hearing on Facebook’s Libra in July
Coinspeaker US Congress Calls For Second Hearing on Facebook’s Libra in JulyThe chairwoman of the House Financial Services Committee Maxine Waters announced that the panel will hold the second hearing next month on Facebook’s plan to develop a cryptocurrency-based payments platform Libra. дальше »
2019-6-25 11:04 | |
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Big Banks Ask Regulators To Ensure A 'Level Playing Field' Following Libra Announcement
In a report published by the Bank for International Settlements, the "bank for central banks" asked that regulators keep banks in mind when they update and create new financial rules as Facebook and other tech companies enter the payments and custody business. дальше »
2019-6-24 19:01 | |
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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. дальше »
2019-6-24 09:55 | |
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Latin American banks test Ripple’s xCurrent payment solutions; eyes XRP-based xRapid solutions
Facebook’s announcement of Libra has allowed cryptocurrencies to gain mainstream attention, inadvertently helping Ripple, suggested Brad Garlinghouse during the recent Brainstorm Finance 2019 event. дальше »
2019-6-22 19:30 | |
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NY Times Is Wrong on Facebook, Libra Poses No Systemic Economic Risk
By CCN Markets: The New York Times suggests that Mark Zuckerberg is making a terrible move with his Libra cryptocurrency. The social media behemoth is certainly not early, but that doesn’t mean it won’t get a proper taste of the punch. дальше »
2019-6-21 02:00 | |
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Facebook’s Crypto Libra May Kill Launch in India, Its Biggest Market: Report
By CCN Markets: Facebook’s cryptocurrency Libra is expected to change the way payments are made across the globe when it launches next year, but there’s one market that the social media giant might be giving a miss – India. дальше »
2019-6-21 13:26 | |
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Australia: Cryptocurrency unlikely for retail payments, Facebook or not
The world is still processing the specifics of Facebook‘s Libra digital currency, but even the Reserve Bank of Australia (RBA) has realized it’s set to rub cryptocurrency purists the wrong way. дальше »
2019-6-20 12:38 | |
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‘A Clear Threat’: Big Four Australian Bank Fears Facebook’s Crypto Libra
By CCN Markets: Facebook’s foray into cryptocurrencies with Libra has met with a ton of mixed reactions. While some are going gaga over the social media giant’s latest effort that’s supposed to enable cross-border payments at the tap of a button, the traditionalists are taking a dim view. дальше »
2019-6-21 10:21 | |
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Facebook’s Libra has the downside of volatility without the upside of investment, claims ex-Coinbase CTO
Primed as the “next big thing” in the intersection of the payments and technology industry, Facebook’s foray into the cryptospace took the market by storm, following its unveiling on June 18. дальше »
2019-6-19 19:30 | |
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A Closer Look At Calibra, The Wallet Provider For Facebook's Libra
As a Facebook subsidiary, the Calibra wallet will have its own standalone app for Libra holders, and it will be integrated into the Facebook Messenger app and WhatsApp. With the potential for a huge user base, the wallet provider could learn a lot from Facebook's past attempt to get into the payments business with Facebook Credits. дальше »
2019-6-19 18:45 | |
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Facebook’s Libra speculated to wash away MoneyGram; Ripple effect on the horizon?
What a week it has been for the cryptocurrency industry, with Facebook unveiling its cryptocurrency project, Libra, and Ripple confirming a $50 million investment in MoneyGram. Needless to say, the payments industry will be the prime focus now. дальше »
2019-6-18 19:30 | |
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Facebook Reveals Global Cryptocurrency ‘Libra’. Is it a Bitcoin Killer?
By CCN Markets: Facebook has revealed the white paper for its much-hyped cryptocurrency, “Libra. ” After months of speculation, Facebook outlined the vision for its crypto project and released the testnet for its blockchain. дальше »
2019-6-18 12:15 | |
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Winklevoss twins foresee FAANG coins in the future as Facebook’s Libra threatens Gemini’s market
As global markets collectively hold their breath awaiting the Libra whitepaper, which has the potential to change the face of finance, technology, social media, and payments world as we know it, some are masking their fear in predictions. дальше »
2019-6-18 09:15 | |
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South American e-commerce platform to reportedly integrate Facebook’s Libra for user payments
In their quest to release their much-awaited cryptocurrency, Facebook has been consistently active in the virtual asset ecosystem over the past few days. Facebook had recently announced the introduction of the Libra Association on June 18th, which was indicated to be the operating unit of Libra crypto. дальше »
2019-6-18 00:30 | |
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Facebook Will Look to Become the Renowned Mobile Payments Leader as Monzo Looks to Rival FB
In a society where convenience is overly valued, mobile payments providers are greatly appreciated. We have Apple, who has been exposing their wallet, and there’s PayPal who seems to be working on their end to bring convenience as well. дальше »
2019-6-16 00:10 | |
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Project Libra sees inclusion of UK Standard Chartered Lobbyist; Facebook eyeing regulation?
From PayPal to Coinbase and now Standard Chartered, the Facebook cryptocurrency project aims to have a host of heads working towards Project Libra. With an aim to revolutionize the global payments industry, on the back of the cryptocurrency sector, regulation is firmly in sight. дальше »
2019-6-15 15:00 | |
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Telegram-Based Wallet Could Bring Bitcoin To Facebook
A Telegram-based wallet is in early-stage talks with Facebook to provide cryptocurrency payment services, including in bitcoin (BTC). Alekasndr Safanov, co-founder and CEO of Button Wallet, says his company is currently in discussions with the social media giant to build an inbuilt payments feature for Facebook’s two billion users. дальше »
2019-5-31 16:50 | |
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Decentralization Advances, One Giant Corporation At A Time
The blockchain is out of the bottle, with Facebook the latest corporate giant to announce a native cryptocurrency. It won’t be without competitors, though. Telegram’s TON blockchain is expected to launch by the end of the year and if Kik has its way, KIN could threaten to Facebook’s ability to monopolize peer-to-peer payments. дальше »
2019-5-30 21:47 | |
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Facebook Reportedly Discussing Its Crypto Plans With Gemini’s Winklevoss Twins
Coinspeaker Facebook Reportedly Discussing Its Crypto Plans With Gemini’s Winklevoss TwinsFacebook is giving an aggressive push to its crypto plans while having a word with crypto exchanges and high-frequency trading platforms. дальше »
2019-5-25 09:51 | |
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Facebook’s Shady Bitcoin Killer Crypto ‘GlobalCoin’ is Coming 2020
By CCN: Facebook’s cryptocurrency ambitions could translate into reality as soon as next year. The BBC reports that the social media behemoth is on track to start testing its bitcoin rival – known internally as GlobalCoin – by the end of the year before its digital payments system comes online across 12 countries in the first quarter of 2020. дальше »
2019-5-24 12:29 | |
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Facebook (FB) Registers Secret Libra Crypto Project in Geneva as Data Privacy Concerns Loom
Facebook registered its crypto payments project in Geneva under the company name Libra Networks on May 2. According to a just released Reuters report the listing names Facebook Global as… The post Facebook (FB) Registers Secret Libra Crypto Project in Geneva as Data Privacy Concerns Loom appeared first on CoinCentral. дальше »
2019-5-24 23:34 | |
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Is Facebook Moving Closer Towards Cryptocurrency Payments?
Step by step, Facebook continues to make progress it what seems to like a cryptocurrency payment system designed for WhatsApp, as the latest rumors suggest. The big US tech giant looks to dig deeper into the potential of the blockchain technology, after registering a new company in Geneva, Switzerland. дальше »
2019-5-22 21:56 | |
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Facebook Chooses Crypto-Friendly Switzeland for Its New FinTech Arm Libra Networks
Coinspeaker Facebook Chooses Crypto-Friendly Switzeland for Its New FinTech Arm Libra NetworksFacebook has quietly registered its fintech company dubbed Libra Networks in Switzerland. дальше »
2019-5-20 13:01 | |
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Facebook Unexpectedly Plants Its Flag in Crypto-Friendly Switzerland
By CCN: Facebook has reportedly set up a fintech company dubbed Libra Networks in Switzerland. The move clearly correlates with the social media giant’s Project Libra. According to Reuters, the focus of the fintech is on the blockchain, payments, data analytics, and investing. дальше »
2019-5-20 02:00 | |
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Facebook Registers New Fintech Firm in Switzerland
Facebook has registered anew fintech firm for blockchain, payments, data analytics, and investing expertise
дальше »2019-5-18 22:40 | |
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Facebook’s Secret Cryptocurrency Led by PayPal Alumni Just ‘Months Away’ from India Launch
By CCN: Facebook’s much-hyped cryptocurrency project, dubbed Project Libra, may launch in India within a matter of months, according to a Bloomberg report. The secretive blockchain project, led by a team of PayPal alumni, is expected to launch a stablecoin for sending peer-to-peer payments to friends and family as well as integrating with major e-commerce players. дальше »
2019-5-9 12:49 | |
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Libra Project: Facebook Stablecoin Aims to Conquer Online Payments Market, Reports Suggest
Facebook’s stablecoin remains secretive, but new details continue to surface. According to the latest reports, Facebook Coin aims to disrupt the online payments market, potentially rivaling WeChat, Visa, WesternUnion, etc дальше »
2019-5-9 09:35 | |
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Facebook Coin could triple crypto-user base, claims Blockchain Capital’s Bogart
Facebook is on the verge of revolutionizing the world of digital payments. Blockchain Capital’s Spencer Bogart shed some light on the Menlo Park -based social media giant’s foray into electronic payments, ahead of next week’s Consensys 2019. дальше »
2019-5-9 23:30 | |
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Mark Zuckerberg Is Going All Guns Blazing Into the Crypto Space With Facebook Coin, Hunt for Potential Allies Continues
Facebook’s widely anticipated dive into the crypto space is no longer mere speculation. Over the past few months, multiple independent sources have corroborated the social media giant’s plans for building a payments system powered by its own cryptocurrency. дальше »
2019-5-6 15:59 | |
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