Facebook’s digital currency Libra is facing an antitrust investigation by the EU, which believes that the currency could lead to ‘possible competition restrictions.’ No trust for Libra As soon as ...
The People’s Bank of China (PBOC) has been mulling over a proposal to create its own centrally owned digital currency, but Facebook’s plans of launching Libra isn’t sitting well with ...
On June 18, Facebook unveiled its Libra cryptocurrency whitepaper to the world. However, it has faced major opposition from governments, regulators, central banks, and even influential individuals from abroad and ...
Social media giant Facebook thinks that if the US government fails to innovate in financial services, it will create a threat to national security. Treasury Secretary Steven Mnuchin had earlier ...
US Treasury Secretary Steven Mnuchin on Monday criticized Facebook and its plan to launch a digital currency. He also emphasized national security issues that could arise out of the coin. ...
Some months ago the social media giant, Facebook, announced that it wanted to launch a cryptocurrency payment service. In that effect, the company got allies that could support its new ...
Jerome Powell, the chair of the Federal Reserve is not impressed with Facebook’s new cryptocurrency Libra and has serious concerns about the coin. Why is Libra a problem? Speaking at ...
The social media giant Facebook will not launch its biggest initiative in recent times- the Libra digital currency and Calibra digital wallet in its largest market. India and crypto don’t ...
Social media giant Facebook wants to introduce its cryptocurrency to banks in the US, but the lenders are putting the idea on hold. After struggles with Apple Pay, lenders want ...
The social media behemoth’s foray into the crypto territory with some financial powerhouses on board should prompt heavy suspicion. With the recent data leakage scandals yet to fade into the ...
