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Three of The Founding Members of Libra Association Consider Backing out: Report

Some of the early backers of Facebook’s ambitious cryptocurrency project are considering backing out from the initiative, according to the Financial Times. The report comes amid growing regulatory...

| Aug 25, 2019 23:08

Facebook-developed WhatsApp Plans to Roll Out New Indonesia-based Digital Payments

WhatsApp – the Facebook-developed messaging app with millions of users – is reportedly having numerous discussions with online payment companies, along with a state-owned bank, to roll out...

| Aug 22, 2019 03:20

US House of Reps Delegations Talk Crypto and Libra in Switzerland

Officials from the US House of Representatives will be travelling on a trip to Switzerland to discuss crypto-related matters, which particularly concentrates on the upcoming Facebook Libra stablecoin...

| Aug 20, 2019 03:31

Facebook Onboards Former US Republican Senator Assistant As New Libra Lobbyist

Susan Stoner Zook – previously an assistant for the US Republican party Senator Mike Crapo – has reportedly been recruited by Facebook to be a new member of the Libra stablecoin lobby...

| Aug 08, 2019 02:33

Mark Zuckerberg to Push Libra ‘However Long It Takes’

Facebook CEO Mark Zuckerberg has reaffirmed the social network’s commitment to its cryptocurrency project, saying that they will spend “however long it takes” to address the concerns of all...

| Jul 28, 2019 02:48

China Can Rival Facebook’s Libra in Market Share with Its Self-designed Crypto Currency

Ren Zhengfei – current CEO of the famous, China-based tech heavyweight Huawei – believed that China can be a worthy competitor for Facebook in gaining market share, by building its own...

| Jul 27, 2019 02:34

US Senate to hold hearing on cryptocurrency and blockchain regulatory frameworks on July 30

The United States Senate Banking Committee is going to hold a full committee hearing on digital currency and blockchain regulatory frameworks next week. The hearing, entitled “Examining Regulatory...

| Jul 25, 2019 03:03

Swiss Regulators Yet to Receive Connection Efforts from Facebook for Libra Registration

Facebook – the US-based social media heavyweight – has reportedly not made any connections with the lawmakers in Switzerland, concerning its upcoming crypto project Libra. According to...

| Jul 20, 2019 03:20

Congresswoman Ocasio-Cortez Critically Addressed Corporate-controlled Funds in Libra Hearing Session

Alexandria Ocasio-Cortez – New York Congresswoman – has reportedly brought up the control issue over Facebook’s Libra stablecoin during the US House Committee on Financial Services...

| Jul 20, 2019 03:15

US Rep. Kevin McCarthy Liked Bitcoin While Frowning Upon Facebook Libra

Kevin McCarthy – a Republican US rep and current House Minority Leader – recently claimed that he is fond of Bitcoin, while at the same time having negative attitude towards Facebook...

| Jul 19, 2019 03:27