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It has been two weeks since the US congressional hearing regarding Facebook’s new crypto project called Libra. Facebook faces heavy scrutiny from the US lawmakers and it has been a matter of discussion since then. Due to the negative feedback of the project from the lawmakers, the entirety of the …

Libra is announced to be a new cryptocurrency of Facebook. Facebook is enhancing its area into the crypto market and digital money is becoming a new trend in recent time. Government is still unbiased, and the executive of a social media company are confused and shocked to see which number …

Many people don’t understand the complexities of Cryptocurrency and there are many other people, who don’t trust Facebook, and if we combine both, it doesn’t seem to be a well-received idea. If we talk about cryptocurrency, new research from messaging app Viber suggests that 49% of consumers in the US …

On Tuesday, Democratic and Republican lawmakers said that Facebook Inc’s achievements from what they describe as unreliability should prevent the launch of digital currency, indicating the plan as “delusional” and “crazy” at the Senate hearing. Facebook struggles to find Washington after shocking regulators and lawmakers with its announcement on June …

Facebook’s announcement of Libra has caused massive waves amongst many countries with America being the country with the highest influx of political opinions about the agenda of creating a currency that is decentralized and accessible worldwide. According to U.S. Senator Sherrod Brown, ranking member of the Senate Banking Committee, Libra …

Facebook’s Libra cryptocurrency is soon to be launched, but the federal officials doesn’t seem to be satisfied with it as they are concerned about the prospect of being used to comply with anti-money laundering rules and the financing of other illegal activities. The draft legislation on the House Financial Services …

Local blockchain legal experts are circulating draft legislation that would allegedly impose a ban on the use of cryptocurrencies in India on social media. Varun Sethi, a tech lawyer has published an unverified document on Scribd on July 15 which reveals a draft bill entitled “Banning of Cryptocurrency & Regulation …

During an interview with Bloomberg, on the 5th of July, the co-founder as well as CEO of payments company Circle, Jeremy Allaire quite clearly stated that facebook’s Libra would work in the closed-loop license system that has its own requirements for regulation. Elaborating his views further, the CEO said: “There’s …

You’ve probably come across Facebook’s newly discovered cryptocurrency, Libra. The news drew the attention of international media and dominated headlines for about more than two weeks from the time of the official announcement. But if we first hear about it, welcome to the future where the data wasn’t sufficient and …

One can never deny the fact that Libra has been a buzzword in the entire market since a while now. After overcoming the major hurdles of investors, Libra is perhaps going to witness some more difficulties before its proper establishment. This is perhaps inevitable because the Democrats of the House …