Tag Archives: Facebook’s

Major partners drop out, Warren fires back: Facebook’s Libra faces a tough road ahead

The alternative currency plan proposed by Facebook could still launch, but the road to get there has just gotten way harder, according to analysts. Financial, Economic and Money News – USATODAY.com

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Is Facebook’s new Libra currency a play to become the world’s banker?

The goal is to provide financial services to billions of people around the world, including those who lack access to banking. Innovations

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Facebook’s Libra: Coinbase’s Ex-Policy Head Will Lead Lobbying

In July, tech giant Facebook (NASDAQ:FB) announced that it was going to launch its own cryptocurrency named Libra, and since then, it has lurched from one problem to the next. Policymakers from all across the world, including the head of the US Federal Reserve and US President Donald Trump, expressed their skepticism about Libra soon after. Hence, it is quite clear ...

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Investors Consider Cutting Ties with Facebook’s Libra Amid Regulatory Scrutiny

At least three investors in Facebook’s Libra cryptocurrency are considering disassociating with the currency following intense regulatory pushback. According to a report published in the Financial Times on Friday, some backers are fearful that the spotlight placed on the social media giant’s proposed cryptocurrency will also bring their own separate, independent businesses into disrepute. Two founding partners have allegedly held ...

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Bitcoin Slumps as Facebook’s Libra Continues to Get Heavy Criticism

Bitcoin is taking a hit this morning and fell over 8% to below $ 9,800. Here is the key driver. Tech giant Facebook (NASDAQ:FB) announced in June that it was going to launch its own cryptocurrency named Libra and ever since the announcement, the crypto market has been in a bit of turmoil. It attracted attention from top regulators in the ...

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Binance Launching Venus Blockchain Project: Challenging Facebook’s Libra?

One of the largest cryptocurrency exchanges in the world is taking on social media behemoth Facebook (NASDAQ:FB). Well, sort of. On Monday, August 19, Binance announced it will be launching the Venus blockchain project. Here’s what we know and why Binance is challenging Mark Zuckerberg’s billion-dollar company by doing so. Binance Launching Venus Blockchain Project This morning, news broke that ...

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Hodler’s Digest, July 29 – Aug. 4: Facebook’s Libra Confession, US Urged to Lead Way on Crypto

This week on Hodler’s Digest: Facebook makes a candid confession about Libra as new research indicates more women may invest in crypto than first thought Cointelegraph.com News

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Japanese Financial Services Giant Monex Wants to Join Facebooks Libra

n Online brokerage Monex Group Inc., owner of the hacked Japanese crypto exchange Coincheck, plans to join the Facebook Libra cryptocurrency projectn CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7

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