Materials by tag Facebook

Oct 16, 2019 at 16:17
Why Visa, Mastercard and Paypal won't work with Facebook Libra?
The Facebook Libra cryptocurrency project is constantly losing the backing of mainstream giants. The latest businesses to quit cooperation with this digital currency include Visa, Mastercard, eBay and Stripe following suit after Paypal announcement to quit cooperation as regulators move on with scrutinizing Libra.
Oct 04, 2019 at 14:04
Bank of Italy Reveals Stance on Libra Cryptocurrency
During a presentation at an event on financial technology organized in Rome, the deputy general manager (DGM) of the Bank of Italy, Alessandra Perrazzelli, used words of caution and prudence, but at the same time, openness towards Facebook’s cryptocurrency Libra.
Sep 17, 2019 at 14:29
France Shows Red Light to Facebook’s Libra Cryptocurrency
Recently, French financial authorities have shared major concerns about new cryptocurrencies being introduced onto the market. France is planning to block the development of Facebook’s cryptocurrency known as Libra claiming that the token will bring a huge risk to monetary sovereignty in the country and Europe at large.
Sep 16, 2019 at 10:23
Cryptocurrency Distopia by Facebook: Is it the End of Freedom?
One of the great advantages that Bitcoin has is that it is decentralized, and hence not controlled by any central agency. Cryptocurrency gives exceptional capabilities to counterspy on and command what individuals do, and putting that authority to a few persons or companies is not only extremely dangerous but also unsafe.
Sep 05, 2019 at 13:49
Facebook’s Libra is Fascinating but Treacherous, ECB Reveals
Facebook's cryptocurrency Libra could harm central banks and other major fiat currencies including the euro and dollar, according to European Central Bank (ECB) senior member of the executive committee Yves Mersch.
Aug 28, 2019 at 10:38
Facebook Hires Lobbying Company due to Cryptocurrency Debate
The topnotch multinational social networking service provider Facebook, has engaged a lobbying company based in the State of Washington, United States amid the augmented Congressional and regulatory backlash the American technology giant has seen because of its future Libra Cryptocurrency project that is expected to be launched in 2020 once it meets all the necessary regulatory approvals.
Aug 14, 2019 at 13:06
Beware of Facebook Libra Scam: Fraudsters Are Stealing from Cryptocurrency Beginners
As the entire cryptocurrency ecosystem eagerly awaits the world’s leading social networking service provider Facebook officially launching its own USD-backed token called Libra, a large number of anonymous fraudsters have already started their bad practices of creating Facebook pages pretending to sell real Libra.
Aug 07, 2019 at 15:37
Regulators are Suspicious About Facebook’s Libra Network
The Office of the Australian Info Commissioner (OAIC) released a statement on Tuesday showing that it has joined other privacy regulators from different parts of the world I’m calling for more info about Facebook’s Libra Network. OAIC and other regulators including United Kingdom Info Commissioner’s Office (ICO), the European Union, the United States, Albania, Canada and Burkina Faso, want to know more about Facebook's information protection framework for its private cryptocurrency dubbed Libra that is expected to be launched in the first quarter (Q1) of 2020.
Jul 23, 2019 at 12:08
Libra is Getting Popular in China Despite Criticism in USA
The latest research shows that Libra, the cryptocurrency owned by Facebook, is now ranked the third most searched keyword on Weibo, a Chinese search engine. Libra follows words like “Chinese Movie Star” and Mona Lisa correspondingly. This is an indicator that people living in the country have started to gain appetite for digital currency including Libra, Bitcoin and others.
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