Posted in Cryptocurrency

We Left Facebook Led Libra Association Due Lack Of Transparency: MasterCard CEO

MasterCard’s Chief Executive Officer has said the payment processor abandoned the Libra project, which was led by Facebook after realizing…

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Posted in Cryptocurrency

Facebook’s Libra Stablecoin Put Central Banks On Notice, Causing Bankers To Look Into CBDC’s

A former Executive of the Bank of Japan (BOJ) has said that Facebook’s Libra prompted Central Banks to invest more…

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Posted in Cryptocurrency

Reserve Bank of Australia Looks To Deny Cryptos Like Facebook’s Libra Until Regulations Are Met

When it comes to Libra and the viability of central bank digital currencies (CBDCs), the Reserve Bank of Australia (RBA)…

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Posted in Cryptocurrency

Libra Association Vice-Chairman Calls Bitcoin An ‘Exciting Asset’ But ‘Not For Payments’

According to Dante Disparte, the Libra Association vice-chairman, Bitcoin isn’t a means of disbursement. Disparte said this when speaking to…

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Posted in Cryptocurrency

Central Bank Chief Says Facebook’s Libra Would Have ‘Greater Potential’ in Emerging Markets

Germany testing a blockchain as a supplement to the previous central, account-based solution Facebook’s Libra will create an exchange rate…

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Posted in Altcoin News Crypto News

Facebook Will Launch Libra Next Year; But No Solid Plan Yet – Coinfomania

While Facebook’s Libra cryptocurrency project is still facing regulatory backlash from regulators across the world, Patrick Ellis, a member of…

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Posted in Cryptocurrency

Despite A 2020 Launch, Facebook’s Libra Has No Solid Strategy To Be Rolled Out

According to a member of the board responsible to oversee the Libra project, a solid strategy is yet to be…

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Posted in Cryptocurrency

Libra Whitepaper Gets Updated, Association Members Won’t Get Paid On Reserve Asset Profits

The new whitepaper doesn’t use interest to pay early investors, which are predominantly involved in the Libra Association. The interest…

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Posted in Cryptocurrency

Bison Trails Blockchain Protocol, a Libra Association Member, Secures $25.5 Million in Funding

Bison Trails, a member of The Libra Foundation and blockchain protocol provider, raised $25.5 million in Series A funding. The…

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Posted in Cryptocurrency

Despite Regulatory Impediments, Facebook’s Libra Proclaims It Is “Growing Strong”

Many countries around the world are looking to block the launch of the Libra cryptocurrency. TechCrunch’s critical article on the…

Continue Reading... Despite Regulatory Impediments, Facebook’s Libra Proclaims It Is “Growing Strong”