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Belgian Regulator Warns of Crypto Scammers That Target Male Tinder Users With Fake ICOs
10.12.2020
The Belgian regulator, the Financial Services and Markets Authority (FSMA), says scammers are employing new techniques which target Tinder and Facebook users. Using what the FSMA terms an “emotional scam,” criminals are targeting male users of the dating app Tinder with promises...
Facebook's New Program Pays Black Streamers To Help Them Go Full-Time
8.12.2020
Facebook Gaming is far from the biggest video game streaming platform out there, but it has at least shown a tendency to put its money where its mouth is—a practice Twitch and other industry leaders could learn from. Today, Facebook announced a program to aid Black creators in their pursuit...
G7 Central Bankers Stress the Need to Regulate Cryptocurrencies at Latest Meeting
8.12.2020
The G7 finance ministers and central bank governors discussed the need to regulate cryptocurrencies during their latest meeting. German Finance Minister Olaf Scholz raised concerns about Facebook’s upcoming cryptocurrency. G7 Sees the Need to Regulate Crypto U.S. Treasury Secretary Steven...
Facebook’s Libra Rebrand Hits Another Name-Change Snag as UK Diem Lawyers up
8.12.2020
Facebook’s latest efforts to rebrand its Libra stablecoin project, recently renamed Diem, appear to have hit the rocks – again – with a British fintech firm of the same name preparing legal action.
The Libra Association, the project’s governing body, recently stated that it was renaming itself...
Facebook hopes to launch its crypto and wallet in 2021, top exec says
8.12.2020
The social media giant has rebranded in hopes of scoring regulatory approval
Carpe 'Diem': Lawsuit threatened over Facebook’s Libra rebrand plan
8.12.2020
Facebook’s plan to rebrand its stablecoin project from Libra to Diem has been met with legal threats from a small European start-up of the same name
German government unimpressed by Facebook stablecoin's rebrand
7.12.2020
German finance minister says “A wolf in sheep's clothing is still a wolf.”
Testnet of Facebook’s Much Vaunted Stablecoin Only Executes 6 Transactions per Second
5.12.2020
The Facebook fronted stablecoin, Diem (formerly Libra)’s dismal testnet results undercut the assertion that the digital currency is a threat to global financial stability. This is the conclusion that can be deduced from a Diem blockchain explorer update which shows the network only processes...
Facebook’s Diem stablecoin is an existential threat to traditional banking
5.12.2020
Stablecoins are an integral part of the future of the financial system. And Facebook’s Diem, formerly Libra, is part of that future
Congresspeople speak out against Tlaib's anti-stablecoin bill
5.12.2020
But the bill is unlikely to become law any time soon
Law Decoded: New threats to self-custody take shape in the US, Nov. 27-Dec. 4
4.12.2020
Tentative clampdowns coming from both the Treasury and the House in the United States lead this week's Law Decoded
New Draft U.S. Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval
4.12.2020
Three U.S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. Instigated by Rep. Rashida Tlaib, with support from Reps. Jesús García and Stephen...
Yet Another Relaunch for Libra as New Name Unveiled
1.12.2020
Libra is seizing the day with yet another brand refresh.
The post Yet Another Relaunch for Libra as New Name Unveiled appeared first on CoinMarketCap Blog
Libra rebrands to Diem, hoping to shake off associations
1.12.2020
The project is hoping that a new name will help people forget the mass regulatory panic that drowned out Libra's initial announcement
ECB Chief Christine Lagarde Downplays Bitcoin’s Risks to Financial Stability, Troubled by Stablecoins
1.12.2020
ECB President Christine Lagarde downplays any risks bitcoin and other cryptocurrencies could pose to financial stability and monetary sovereignty. In contrast, she sees stablecoins, such as Facebook-backed libra, as posing “serious risks.” Christine Lagarde, Bitcoin,...
European central bankers predict that the digital euro is at least five years away
30.11.2020
Nobody seems to be in a rush to digitize the euro, but that could change given increasing global competition
Facebook’s Libra Crypto Gets Ready to Launch in January as a Single Coin
28.11.2020
Facebook’s libra cryptocurrency is reportedly preparing to launch with a single cryptocurrency, a scaled-down version of its original plan. The launch date for Facebook’s libra could be as early as January. Launch Date for Facebook’s Libra The cryptocurrency libra, proposed...
Facebook v lednu spustí Libru. Tato kryptoměna však bude omezenější, než se původně čekalo
28.11.2020
Dlouho očekávaný projekt prezentovaný v původní fázi jako kryptoměna od Facebooku má začít fungovat už začátkem roku. Uvedl to list Financial Times s odvoláním na tři zdroje. Facebook ohlásil plán vytvoření nové digitální měny loni v červnu, od té doby svůj projekt ale výrazně upravil, aby pro něj
Law Decoded: Cents and stability, Nov. 20–27
27.11.2020
Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week's Law Decoded
Facebook’s Libra to reportedly launch in January 2021 as USD stablecoin
27.11.2020
Libra will initially be pegged to just one fiat currency