2019-10-24 03:38 |
Financial Services Committee Chair Maxine Waters said that she is still not pleased with Facebook's proposed Libra stablecoin.
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Facebook has hired a former assistant to Republican Senator Mike Crapo as a lobbyist in their broader campaign to make Libra palatable to crypto skeptics on Capitol Hill. Susan Stoner Zook stopped working as an aide to Crapo back in 2013, according to her LinkedIn profile.
2019-8-7 17:46 | |
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Facebook’s digital currency Libra is looking less and less likely to launch next year as originally planned. Policy expert, Angela Walch from University College London’s Centre for Blockchain Technologies told Quartz: “The odds that Libra receives regulatory approval anytime soon (ie, in the next six-12 months) are quite low.
2019-7-25 15:44 | |
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Joshua Ashley Klayman Kuzar sees Libra as a turning point in the march to mass adoption. "Facebook didn't come to congress," she said. "Congress came to Facebook."
2019-7-20 02:00 | |
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During the second day of congressional hearings, New York Representative Alexandria Ocasio-Cortez (AOC) grilled Facebook executive David Marcus over Libra’s centralization. The 29-year-old congresswoman went directly at Facebook for calling Libra a decentralized project.
2019-7-18 22:55 | |
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The pushback that Facebook’s cryptocurrency Libra has faced since it was announced last month is a classic example of a poorly managed product launch. This was the conclusion drawn by Federal Financial Analytics’ managing partner Karen Petrou when she appeared on CNBC’s Closing Bell show.
2019-7-16 17:53 | |
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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 | |
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Co-founder of the Wyoming Blockchain Coalition and a blockchain evangelist, Caitlin Long, recently spoke about Libra, Facebook’s cryptocurrency, during an interview with WhatBitcoinDid. She spoke about whether people would start to use the cryptocurrency extensively, resulting in the devaluation of the local currency owing to a lack of use.
2019-6-20 16:00 | |
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Armstrong was selling shares under a plan set up in August that sometimes made him money and other times not; the June 5 sale was still good timing.
Coinbase CEO Brian Armstrong said the exchange decided to suspend trading of Binance USD (BUSD) because the company had concerns about its liquidity.
Coinbase CEO Brian Armstrong was criticized on Twitter for suggesting that Brazil and Argentina should consider bitcoin as a currency. The post Coinbase CEO Gets Flak for Suggesting Bitcoin as Common Currency in Brazil and Argentina appeared first on BeInCrypto.
Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be "a threat to U.S. reserve currency status long term."
The exchange’s ties to Goldman Sachs go all the way back to Fred Ehrsam, who co-founded Coinbase in 2012 with Brian Armstrong.
Coinbase’s new “apolitical” culture has led to some employees taking severance packages, as the crypto community reacts with ambivalence.
Leaked Coinbase audio sheds additional light on the company's apolitical sea change.