Ever since Facebook unveiled its Libra cryptocurrency, the project has encountered regulators’ wrath across the world. However, governments, crypto exchanges, and institutions think that Libra is a great idea and ...
An official of China’s foreign exchange regulator said on August 10 that Libra should be classified as a foreign currency. Furthermore, he said that it should get integrated into the ...
Since its launch, Facebook’s Libra has caused jitters among governments, central banks, and regulators. Many opinions have come up mostly highlighting the potential dangers that the stablecoin poses to the ...
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 ...
Cryptocurrencies are no longer the Wild West of the financial world and have several allies in the Congress as well. However, even the most progressive lawmakers with holistic views on ...
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 ...
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 ...
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 ...
