Facebook-backed Libra Association changes to Diem Networks
The name of Libra association has changed to Diem NetworksThe association is focused on creating projects that meet with the regulator expectationsThe full control...
Libra’s Co-founder Morgan Beller Exits Company to Join NFX
Morgan Beller quit from her role of Head of Strategy at Novi to become part of NFX in the capacity of general partnerIn 2019,...
European Union to Declare a Regulatory Framework for Cryptocurrency
European Union to establish a new group of supervisorsThe draft for the regulation is expected to be 167 pages long and is anticipated to...
Facebook’s ‘Libra’ Doesn’t Find Much Takers
A recent IBD/TIPP poll has revealed that as much 85% voters are not keen over the release of Facebook's very own digital currency, LibraAgain...
Digital Dollar a Potential Competition to Bitcoin, Predicts Raghuram Rajan
Cryptocurrency Bitcoin and Libra by Facebook could also play a role even if central banks start issuing their own digital currencies, says former Reserve...
Former RBI Governor Raghuram Rajan comments on Bitcoin having a place with CBDCs
Former RBI Governor and economist says Libra and Bitcoin will play part in CBDCsThe banker who predicted the 2008 crisis compares Bitcoin to goldRaises...
Facebook Financial To Enhance Payment Services
Over a tweet, Marcus announced the creation of Facebook Financial which according to him will look after payment solutions.
The new initiative aims at enabling...
Facebook’s Libra Faces An Unclear Future: Investors Pulling Out
The concept of digital currency that Facebook came up with was an interesting opportunity initially.
Facebook isn’t an appealing option for investment anymore, owing...
Libra Vice Chairperson Dante Disparte Says Facebook’s Libra Will Coexist With CBDC
Dante Disparte, the Vice Chairperson and Head of Policy and Communications at Libra Association, opined in a seminar named "Digital Currencies: The Future...
Facebook’s Calibra Wallet For Libra Digital Currency Rebranded As ‘Novi’
The social media giant Facebook announced on 26 May the rebranding of its Calibra wallet to Novi.
The digital wallet platform now...
Coronavirus Pandemic Unlocks New Opportunities For Cryptocurrency Worldwide
While the coronavirus outbreak has shaken the pillars of the strongest sectors, it seems to unlock new opportunities for the cryptocurrency.
Amidst...
Libra Association Announced Robert Werner As its General Counsel
The Libra Association announced Robert Werner as its general counsel today.
Moreover, Wernes has great experience from both the public and private sectors.
Furthermore, Facebook’s significant...
Facebook Libra Vs. Digital Yuan: Who Is The Winner?
Facebook announced its crypto with the nonprofit Switzerland-based Libra Association.
China proposed to use its digital currencies for major payment platforms including in Alipay and...
Facebook’s Libra Association Announced Libra Improvement Proposal Update
Facebook's Libra announced the update on maintainer, lead maintainer, and libra improvement proposals (LIP).
TSC also appointed four maintainers, which are going to...
Facebook’s Libra Association Appoints HSBC Chief Legal Officer As Its First CEO
Stuart Levey becomes the first CEO of the Libra Group, the company behind Facebook's potential cryptocurrency Libra.
He expressed his delight to enlist...
DCEP, China’s Bitcoin-Like Crypto Makes A Mark After Facebook’s Crypto Libra Drops
China’s central bank after introducing pilot tests of its Bitcoin-like digital currency now plans to mount towards its further development.
On one side...
Checkout.com Joins Facebook’s cryptocurrency Libra Association
Facebook cryptocurrency libra is back in the game with a new member Checkout.com.
Checkout.com, a global payment services provider, announced on April...
Can Facebook Jio Deal Be An Uplift For Indian Economy And Its Cryptocurrency?
With an investment of $5.7 billion in India's leading telecom industry Reliance Jio, the social media giant Facebook is now Jio's largest minority...
Will The Reformed Facebook Libra Coin Compete Against Bitcoin?
Highlights
Facebook’s Libra faced backlash just after it announced its digital currency in June 2019. To pacify regulators and governments, its white paper has...
How to Buy A Libra Coin: Everything About The Facebook Cryptocurrency
Highlights
Libra’s mission is the enhancement of a global currency to empower billions of people especially those who do not own bank accounts...
Facebook Invests $5.7 Billion in India’s Reliance Jio: Masterstroke to Push Libra 2.0
Facebook announced buying a 9.99 percent stake (nearly USD 5.7 billion) in the leading telecom sector of India, Reliance Jio that offers internet...
Facebook Subsidiary Libra To Create 50 Novel Jobs In Ireland
Facebook’s cryptocurrency Libra is on the way towards its development. According to a source, Facebook is looking to create 50 novel jobs for...
How Facebook Cryptocurrency Libra 2.0 Faced Uncertainty?
Short Insights
Facebook's Libra project appears as an abject failure after a year of its announcement has passed.
Facebook's vision of a global currency...
G20’s FSB Set out Recommendations for Facebook’s Libra Stablecoin
Today, the Group of 20 Economies’ Regulatory (G20) regulator stated that the leading economies of the globe need to plug gaps in their...
Facebook Social Media Giant’s Cryptocurrency-‘Libra’: Is it Safe?
Facebook, the social media giant, has also made its entry into the cryptocurrency world through its digital currency called ''Libra''.
The grand vision...
Facebook to Reassess Libra Launch Amid Regulatory Scrutiny
Facebook is planning to offer digital versions of government-backed currencies comprising of the US dollar and the Euro, apart from the cryptocurrency Libra.
...
Bison Trials – A Libra Member to Now Support PolkaDot’s Blockchain
The Libra member Bison Trails is now going to support the PolkaDot’s blockchain platform.
The launch of the mainnet of Polkadot has...
FATF Collaborates With Korea, Monitors 18 More Jurisdiction
Financial Action Task Force (FATF) is an inter-governmental body established by the minister of its member jurisdictions.
FATF has collaborated with the Asia-Pacific...
Shopify and Libra are Joining Hands: What is to Come?
Libra Foundation, is now partnering up with the world’s largest online store maker Shopify.
Shopify is joining hands with Facebook’s very own Cryptocurrency....
Japan’s CBDC Will Be Released In The Coming Years Says Officials
Japan is all set to release it's Central Bank Digital Currency (CBDC) in the coming after all the extensive development.
The new CBDC...
Bank Of Hungary Has Issued A Warning Regarding Scammers Selling Fake Libra Currency
Facebook announced the Libra Project in 2019, and it is yet to go live.
National Bank of Hungary hasn't specified the name of...
Facebook’s Libra Core Released Roadmap #2
Libra has been the hottest topic in the finance market.
Facebook's very own blockhain venture libra core recently released it's second Roadmap.
Libra is dedicated to...
Libra Raises Stakes for National Regulators
Global privacy regulators, central bankers and finance ministers have expressed concerns about the proposed Libra cryptocurrency.
Regulators concerned about massive existing Facebook network.
The Libra Congressional...
Is the Dollar Controlling Libra?
The administrative atmosphere around Libra has been postponing the dispatch of the digital currency venture.
The Libra Association invited the pushback as it allowed it...
Libra privacy Dimensions of Libra Association
The Libra Association, a membership organization of several companies specializing in various associated platforms will be managing and monitoring the project, currency, and transactions.
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