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None of 20 Facebook’s Libra Partners Yet Committed Any Money: BBC
23.10.2019
None of the 21 Libra Association’ founding members, except Facebook, have yet committed any money to support Libra, BBC reports
Regulate Stablecoins – Don’t Squash Them
23.10.2019
Regulators should offer a path for stablecoins to exist alongside current financial systems, writes a fellow at Harvard's Berkman Klein Center
This Is How Facebook CEO Contradicts Himself in Libra Testimony
23.10.2019
Mark Zuckerberg. Source: a video screenshot, Youtube, CNBC Television
Facebook's statements often, intentionally or not, make people either confused about the company’s plans, or make them wonder if the company has clear plans at all. This time around, speaking about Libra token, CEO Mark...
What to Expect When Facebook’s Zuckerberg Defends Libra on Capitol Hill
23.10.2019
Here's what you need to know before Mark Zuckerberg testifies in front of the House Financial Services Committee on Libra
US Congress Considers A Draft Bill Claiming Stablecoins Are Securities
22.10.2019
US lawmakers are considering a new draft bill that classifies all managed stablecoins as securities ahead of tomorrow’s Zuckerberg hearing
Zuckerberg: Facebook Will Not Launch Libra Without US Approval
22.10.2019
Mark Zuckerberg plans to assure Congress that Libra will not launch until all U.S. regulators' concerns are addressed
Zuckerberg to Tell Congress: Libra Can Fix ‘Failing’ Financial System
22.10.2019
Facebook's CEO released his written testimony a day before his scheduled appearance before the U.S. House of Representatives
US Lawmaker Introduces Bill Classifying Stablecoins as Securities
22.10.2019
A draft bill published Tuesday would regulate stablecoins under the Securities Act of 1933
Facebook Risks Banking Ties Over Libra Concerns, Says ING Exec
22.10.2019
ING CEO Ralph Hamers said Libra could make it difficult for banks to accept or keep the project's creator as a client
Rep. Warren Davidson: You Have to Defend Money to Defend Freedom
22.10.2019
U.S. Rep. Warren Davidson speaks with Cointelegraph on Libra and securities law ahead of Zuckerberg hearings scheduled for Wednesday
Facebook’s Marcus Says China Wins with Digital Renminbi if U.S. Nixes Libra
22.10.2019
David Marcus, who leads the Libra project, said China will create a digital currency system that could be entirely out of reach for U.S. authorities
Banks May Cut Ties With Facebook if Libra Is Launched: ING CEO
22.10.2019
ING CEO Ralph Hamers thinks that banks may have to cut ties with Facebook if Libra is launched
Facebook Likely to Use Stablecoins Pegged to Fiat for its Libra Project
21.10.2019
Facebook’s Libra project has been abuzz with new updates quite frequently in recent times. According to the recent reports dated October 20, 2019, Facebook is contemplating to utilize stablecoins pegged to a national currency for its digital currency Libra. Talking at a banking seminar, Facebook’s...
What Role Should Central Banks Have Launching Stablecoins Like Libra?
21.10.2019
Facebook wasn’t prepared for the backlash associated with Libra. But should central banks have a role in helping the stablecoin launch — and if so, what? #Sponsored
Indian Finance Minister Answers Crypto Questions at IMF Meeting
21.10.2019
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. Also read: Indian Supreme Court...
Libra Could Drop ‘Basket’ and Issue Individual Fiat Stablecoins
21.10.2019
Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate
JP Morgan CEO Says Facebook’s Crypto Project Libra “Will Never Happen”
21.10.2019
Jamie Dimon, CEO of JP Morgan Chase, has voiced his opinions on Facebook’s ambitious and much-talked-about digital currency project Libra. In Dimon’s words, Facebook’s digital currency project Libra is a neat idea that will never happen. He, however, refrained from elaborating on the reasons behind...
Minister Says India, Like Other Nations, Extremely Cautious on Libra
21.10.2019
India’s finance minister says many countries are cautioning against rushing ahead with Libra
Does Facebook’s Libra Plan B Involve Going Head-to-Head with Binance?
21.10.2019
Facebook has revealed that it has an alternative to its proposed Libra token – multiple stablecoins, all pegged to a national fiat. And it’s a scenario that could well put the social networking platform on a collision course with Binance’s Venus project.
Per Reuters, Facebook’s blockchain chief...
It’s Not Time to Write Libra’s Crypto Obituary Just Yet
21.10.2019
The recent spate of bad news for Libra isn't necessarily a death knell for the project, writes Mike J. Casey