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BaFin President Urgently Called for International Standards Regarding Facebook Libra Project

The German Federal Financial Supervisory Authority (BaFin) director has persistently requested legislators to come up with suitable standards, in regards to the ongoing crypto project from Facebook...

| Jun 28, 2019 04:15

US House of Representatives Set Date for Facebook Project Libra Hearing Session in July

The United States House Financial Services Committee is reportedly hosting a hearing session, which will take place on July 17th, regarding the currently developing Libra cryptocurrency of Facebook....

| Jun 27, 2019 04:15

Joseph Lubin Criticizes Facebook Cryptocurrency for Centralization

Ethereum co-founder Joseph Lubin has criticized Libra token, Facebook’s upcoming cryptocurrency, saying “a centralized wolf in a decentralized sheep’s clothing”. According to an article...

| Jun 25, 2019 04:30

Bank of England Governor Welcomes Facebook Libra Despite Regulation Concerns

While what seems like the rest of the world’s financial regulators, both private and federal are expressing alarm over Facebook’s Libra, Mark Carney is taking the opposite stance. Instead, the...

| Jun 24, 2019 04:46

Senate Banking Committee Holds Hearing Sesion for Facebook Libra Project on July 16th

The US Senate Banking Committee will be holding a testimonial hearing session for Facebook, regarding its cryptocurrency project – Libra. MarketWatch delivered the news on June 19th. The social...

| Jun 22, 2019 05:01

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

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