Materials by tag Libra

Oct 30, 2019 at 11:26
Germany to Launch Digital Euro Thinking It’s Better than Libra
Germany's minister of finance has embraced the idea of developing the cryptocurrency and blockchain industry by creating a digital euro, however, this plan is against and a threat to private virtual currency initiatives such as the Telegram’s Gram, Facebook’s Libra Project and others.
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 11, 2019 at 11:10
Bank of England Gives Green Light to Libra Cryptocurrency
The Bank of England (BoE) has come out to embrace Facebook’s digital currency project Libra despite the recent criticism it has been facing from various financial regulators across the globe.
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 31, 2019 at 13:03
Telegram to Launch its Cryptocurrency “Gram” by October’s End
Cloud-based instant messaging and voice over IP service Telegram considers whether to roll out a cryptocurrency dubbed Gram with high determinations and a snug limit of two months. However, for this project to thrive, the company must fulfil what regulators need before October ends, a thing that looks challenging, The New York Times reports.
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.
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