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House Financial Services Committee Chairwoman Requested Facebook to Cease Crypto Project

Maxine Waters – a representative from the House Financial Services Committee of the U.S – has recently asked Facebook to put a hold on the progress of building its new digital coin project...

| Jun 20, 2019 05:00

Facebook Officially Unveils Much-awaited Cryptocurrency ‘Libra’, Sets Eyes on H1 2020 for Launch

Social media behemoth Facebook has finally released the white paper for its much-hyped cryptocurrency and blockchain-based financial infrastructure. The stablecoin will be called “Libra,” and not...

| Jun 20, 2019 04:23

Facebook Collaborated with South American Online Marketplace on Libra Crypto Project

Mercado Libre, the South American online marketplace is teaming up with Facebook to work on the Libra cryptocurrency project. Based in South America, Mercado Libre is one of the most popular...

| Jun 18, 2019 04:12

Former Standard Chartered Managing Director Joined Facebook Crypto Project

Another specialist has been added to the rapidly growing team Facebook is putting together, to work on its cryptocurrency project “GlobalCoin”. This time, a senior bank lobbyist, who formerly...

| Jun 17, 2019 04:14

Facebook’s Cryptocurrency Project Gets Big Backers Including Mastercard, Paypal, Uber, Visa: Report

Mastercard, Paypal, Uber, and Visa are reportedly the major names that will back Facebook’s new cryptocurrency. As per the report, the social media giant managed to sign on over a dozen backers for...

| Jun 16, 2019 04:10

More Than 100 Specialist Recruited to Work on Facebook Secretive Crypto Project

Additional news about the ongoing cryptocurrency project Facebook is working on has surfaced, regarding the new HR appointment for high-level specialists. Recorded by CNBC on June 6th, the number of...

| Jun 09, 2019 04:35

Dutch Billionaire John De Mol Sued Facebook for Crypto Ads Containing His Image

John De Mol – the Dutch billionaire and entertainment mogul, famous for Big Brother and The Voice shows – has reportedly pressed legal charges against Facebook, for promoting crypto ads...

| Jun 08, 2019 04:32

Facebook In Talks with US CTFC Over GlobalCoin Cryptocurrency Project

Social media behemoth Facebook has reportedly kicked off talks with the U.S. Commodity Futures Trading Commission over its cryptocurrency plans. The report comes on the heels of a letter from the U.S....

| Jun 05, 2019 04:10

Facebook to Set Up Fintech Firm “Libra” in Switzerland

Facebook, the world’s leading social media platform, has set up a new fintech firm named Libra Networks LLC in Switzerland, which was said to be one of its secretive internal cryptocurrency...

| May 21, 2019 04:45

Facebook Appointed 2 former Coinbase Employees as Its New Compliance Professionals

The giant social media corporation Facebook has reportedly hired two fresh compliance professionals, both have formerly been an employee for the US-based, high profile crypto exchange platform...

| May 17, 2019 04:15