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Libra Resembles Email More than Paypal Services, Calibra VP Claimed

Facebook’s Libra stablecoin will bear more resemblance to email tech, compared to PayPal’s payment services, according to the VP in charge of product for Calibra. Specifically, during his speech...

| Nov 07, 2019 10:00

5 EU-based Nations Formed Alliance to Stop Libra From Happening

Five EU-based nations have reportedly partnered with each other, in an attempt to stop the official introduction of Facebook’s Libra from happening. Specifically, after a few private seminars held...

| Nov 01, 2019 11:29

G7 Task Force Presented Report on Potential and Risks of Global Stablecoins

A report conducted by the G7 taskforce has revealed that stablecoin, one like the upcoming Facebook’s Libra, can pose a serious threat to the global financial network, but also comes with benefits...

| Oct 20, 2019 11:47

A majority of German Consumers Will Not Use Facebook’s Libra, Report Claimed

A significant number (75%) of surveyed German consumers claimed to not have any interest in using the upcoming Facebook-developed digital stablecoin Libra. Specifically, on October 17, a survey was...

| Oct 19, 2019 14:23

Bank of England Governor Carney Supports Facebook’s Libra

Bank of England Governor Mark Carney has reportedly backed Facebook’s decision to introduce a new digital coin. Reported by TheStar on October 15, Carney claimed that he has foreseen the downfall...

| Oct 17, 2019 11:04

Libra Association’s Head of Product Left After Only 5 Months in The Position

Simon Morris – a person in charge of product at the Libra Association – has reportedly resigned from his position only 5 months from his official appointment, as can be inferred from his...

| Oct 10, 2019 19:45

EU Finance Commissioner Proposed New Crypto-focused Regulation

Valdis Dombrovskis – the commissioner of finance for the EU – has reportedly vowed to come up with appropriate regulatory updates, in order to best manage digital coins, nominally...

| Oct 09, 2019 17:44

It’s Like They Wants to be Left Behind”, Claimed Coinbase CEO Over US Libra’s Reactions

Brian Armstrong – founder and current head of US-based crypto exchange heavyweight Coinbase – reportedly hoped that US officials will have a second thoughts about their “ridiculous”...

| Oct 06, 2019 18:15

Facebook Libra Could Form ‘Shadow Banking’ System, US National Banks Claimed

Facebook stablecoin project Libra could possess the ability to form a “shadow banking” system, as revealed by the banks at the Federal Advisory Council (FAC). The discussion between the US Federal...

| Oct 03, 2019 05:01

Paypal Stays in Cautious Mode Regarding Upcoming Facebook Libra Launch

PayPal spokesperson claimed that the firm will stay in cautious mode regarding Facebook’s Libra, as reported by Agence France Press (AFP) on September 14. Specifically, Gabrielle Rabinovitch...

| Sep 18, 2019 10:24