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Libra Project Should Not Be Headed by Facebook, Says Co-Founder of Ethereum

Ethereum co-founder said that Libra should not be run by Facebook because the social media giant still hasn’t earned the people’s trust. The fate of Facebook’s Libra cryptocurrency is pretty much hanging in the balance and has somewhat been so since it was first announced a few months ago. There has been so much backlash...
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Kuverit Launches Multi Trader Marketplace

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. To what was considered as the “dot-com bubble” in the year 2000, Blockchain technology has become as sensationalised...
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Libra Exec Is ‘Confident’ Association Will Hit 100 Members before Official Launch

Though some major companies have left the Libra Association, Libra’s interim managing director is quite sure the team will reach its goal of a hundred members by next year. Facebook’s Libra has faced its fair share of roadblocks since it was first announced a few months ago. Regardless, the company seems to slowly be rising...
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Libra Association Claims It Has 180 Candidates to Join the Row of Its Members

Though some giants left Libra, the Association claims that it has nearly 1500 potential candidates to join. And 180 of them meet its strict requirements. After it seemed all the big-ones were leaving Facebook‘s backed cryptocurrency, it seems it still has its faithful believers. On Monday, in Geneva, Switzerland, 21 associations agreed to sign the...
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Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving Libra

Most payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of the project, calls it “liberating.” Also read: European Countries...
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After Paypal, Mastercard, Visa, Stripe and eBay Abandoned Facebook’s Libra

Mastercard, Visa, eBay, Stripe and Mercado Pago have all pulled out of the Facebook-led Libra Association following PayPal, which pulled its own support of the project earlier this week. Recently we reported about how PayPal, one of the founding members of the Libra Association abandoned the whole project. However, it seems it wasn’t the only...
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Libra Suffers Heavy Blows: Visa, eBay And Mastercard Quit

The Libra coin news recently are surrounded by a lot of scrutiny, mainly coming from regulators but also from backers such as Mastercard, Visa and as of recently PayPal, which decided to exit the project before its 2020 launch. However, in the meantime, around 30 different blockchain companies and nonprofits plan to initiate a new...
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Paypal Exits Libra – Mastercard and Visa May Follow

Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra representative Dante Disparte has indirectly criticized the move, noting the required “boldness and fortitude to...
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Verisart Raises $2.5M to Expand Its Blockchain-based Art Verification Services

Verisart’s funding will be spent on extending the product and engineering team as well as launching a suite of premium services aimed at artists, galleries and collectors.  Verisart is a platform designed to conduct certification and verification of artworks of different types which is carried out with the help of blockchain. Now it has become...
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PayPal Absent From Libra Association Meeting, Might Abandon Facebook’s Project Entirely

PayPal was the only company noticeably absent at the recently held Libra Association meeting. The payment giant is reportedly planning to quit Facebook’s project to keep its hands clean of regulatory dirt. Apart from its ongoing antitrust investigation as put forward by the Federal Trade Commission (FTC), Facebook is also having a rough time regarding...
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Facebook Releases Full Details of Libra’s Basket of Currencies

Facebook has finally released the full list of the fiat currencies which will back Libra. While it may not come as much of a surprise, what remains yet to be seen is how France and Germany will be encouraged to accept Libra. Social media giant Facebook has for the first time indicated the full list of the...
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After Visiting Switzerland, US Regulators Remain Worried About Libra

Following a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra. A delegation of the United States House of Representatives visited Switzerland last week because they have been concerned about cryptocurrency issues, especially regarding Facebook’s yet-to-come stablecoin Libra. Representative Maxine Waters published...
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Mainstream Adoption: Spedn Bitcoin in Stores, Bakkt in Final Testing & eBay “Happening”

New York’s so-called “Blockchain Week” has kicked off, and the crypto industry has been absolutely inundated with news, press releases, and developments set to revolutionize the industry. One item that stood out on Monday was the news that Flexa, a cryptocurrency-centric payments startup, had partnered with Bitcoin exchange giant Gemini to allow users to spend...
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