The first meeting of the Libra Association was conducted in Geneva, Switzerland earlier this week which allowed all 21 members to create a governance model for the project. Facebook’s Calibra ...
When Facebook decided to develop its crypto project, it had not expected such shortcomings and hiccups along the way. After announcing the Libra project’s whitepaper in June, the social media ...
Payment giants MasterCard and Visa are amongst the 29 backers of Facebook’s Libra cryptocurrency projects. However, the Wall Street Journal recently reported that the two companies are now reconsidering their ...
Since its launch in June 2019, Facebook’s Libra project has encountered mixed reactions. Some proponents believe that it is the solution to the challenges that cryptos face while trying to ...
Ever since Facebook announced its Libra project’s whitepaper in June, many governments and regulators have strongly bashed it. Now, the globalcoin faces another major hiccup as Germany approved a blockchain ...
Ever since Facebook unveiled its Libra project’s whitepaper back in June, regulators and governments have bashed it extensively. Some countries like China have taken the responsibility of developing state-owned tokens. ...
Jerome Powell, the chairman of the US Federal Reserve said that Facebook’s new cryptocurrency Libra will have to adhere to higher regulatory standards. He said that not doing so would ...
Social networking giant Facebook is focusing on its new cryptocurrency- Libra. However, regulators around the world are not impressed with the offering. Now, the company is hiring lobbyists to ensure ...
On June 18th, Facebook introduced its vision for a global digital currency that it calls Libra. Since then, authorities and regulators have increased criticism onto the project for various reasons. ...
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 ...
