Libra coin news

Can Libra Be Revived And Launched As New Crypto Favorite?

The question that is trying to answer in the Libra news today is, can libra be revived after the Facebook CEO went on to the public to explain his goal to create a cryptocurrency of his own by launching Libra. Having confused the crypto community by banning crypto ads previously on the social media platform-...
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What Libra Gets Wrong About Bitcoin But Square Gets It?

The Twitter CEO Jack Dorsey who is also the founder of Square is in the Libra latest news today for stating that Twitter will never join Facebook’s Libra project. On October 24, a Twitter thread by Hollywood Reporter editor Alex Weprin who was covering an event at the New York office of Twitter showed that...
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NC Representative: Libra Hearing Is An Attack On American Innovation

The NC Representative (North Carolina) Patrick McHenry, explained in an interview that the Libra hearing is a ‘’trial’’ for American innovation by the policymakers and we are about to find out more in the Libra coin news today. After a few weeks of waiting, Mark Zuckerberg who was trailed by some of the world’s top...
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US Treasury Agrees That Libra Has To Be Observed

The founder and CEO of the popular social media giant Facebook is in the Libra latest news again. As of recently, Zuckerberg is confident about telling the Congress that Libra will not launch anywhere without the US regulators approving it.All of this came as part of Zuckerberg’s papered remarks which were released on October 22...
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Libra Can Fix The ‘’Failing’’ Financial System: Mark Zuckerberg

Russia will ban Facebook in the country if the United States decides to block the company’s Libra cryptocurrency according to a government official which we are reading more about in the Libra coin news today.During an interview with reports on Oct.22, Dmitry Peskov who is the special representative for IT for President Vladimir Putin confirmed...
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Russia Will Ban Facebook If The U.S. Block The Libra Project

New reports from Facebook and its chief David Marcus are in the focus of the blockchain news today, showing a warning sent to Washington. According to Marcus, stopping the launch of Libra will open the door for China to steal a key advantage in the world of digital currencies.As reported by Bloomberg, Marcus stated: “The...
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Facebook Wants A Series Of Stablecoins For Its Libra Project

The pressure around Libra can be best seen in our latest Libra coin news. The latest updates show that the pressure continues to pile up on Facebook and that the social media giant is still determined to forge ahead with its grand crypto ambitions. Now, Facebook wants a series of stablecoins for the Libra crypto...
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US Senator Defends Libra Saying The Country Is Behind In Crypto and Fintech

The Libra Association is in the latest cryptocurrencies news again, this time for holding an inaugural meeting and forming a board based on the meeting’s objective. The location this time was Geneva, Switzerland, where the Libra Association and the entire consortium reaffirmed the interest in creating a payments-oriented stablecoin which would be balanced by a...
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China May ‘Rewire The World’ With Its Digital Yuan: Facebook

The Libra Association is in the latest cryptocurrencies news again, this time for holding an inaugural meeting and forming a board based on the meeting’s objective. The location this time was Geneva, Switzerland, where the Libra Association and the entire consortium reaffirmed the interest in creating a payments-oriented stablecoin which would be balanced by a...
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Around 75% Of German Consumers Would Reject Libra: Survey

The Libra Association is in the latest cryptocurrencies news again, this time for holding an inaugural meeting and forming a board based on the meeting’s objective. The location this time was Geneva, Switzerland, where the Libra Association and the entire consortium reaffirmed the interest in creating a payments-oriented stablecoin which would be balanced by a...
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Libra Anticipates 100 Members By Launch, Including Financial Partners

The latest Libra coin news are big and show quite a confidence from the Libra Association. As it stands, Libra anticipates around 100 new members (which were initially envisioned in the June announcement) joining the organization – including banking and financial partners. “We can confirm that the plan is to have up to 100 members,”...
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Libra Association Holds Inaugural Meeting In Switzerland, Forming A Board

The Libra Association is in the latest cryptocurrencies news again, this time for holding an inaugural meeting and forming a board based on the meeting’s objective. The location this time was Geneva, Switzerland, where the Libra Association and the entire consortium reaffirmed the interest in creating a payments-oriented stablecoin which would be balanced by a...
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G7 Says ‘Global Stablecoins’ Are A Threat To Financial Stability

The G7 group of nations has reportedly drafted a report which states that “global stablecoins” pose a major threat to the global financial system. As the crypto news today show, the (Group Of Seven) G7 says that there are many risks associated with digital currencies, according to reports by BBC on October 13. The report...
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Libra And Telegram Clampdown Could Negatively Impact Bitcoin

The prominent founder and CEO of the major crypto investment firm BKCM named Brian Kelly believes that Bitcoin (BTC) exchange traded funds (known as ETFs) are a hard need for the current development of the ecosystem. As the latest crypto news show, Kelly is a big supporter of Bitcoin ETFs.Knowing that the coin is already...
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Facebook Libra Association Is Crumbling As Key Players Exit

In the latest Libra coin news, we can see that Visa, Mastercard, eBay, Stripe and Mercado Pago have all withdrawn from the Facebook Libra Association, leaving it crumbling and leaving the founders in shock. The major blow to Facebook’s plans for a new global and widely distributed cryptocurrency initially came from PayPal but mainly the...
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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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Defend Libra: Mark Zuckerberg To Testify Before Congress

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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New Libra Fork Could Build A Stablecoin Free Of Corporate Control

The Libra coin news today show that the banks at the Federal Advisory Council (FAC) in the United States believe that Facebook will create a “shadow banking system.” After the United States Federal Reserve asked some of the biggest banks in the nation about Libra, the banks voiced their negative stance towards the project.The banks...
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PayPal Officially Withdraws From The Libra Association

The Libra coin news today show that the banks at the Federal Advisory Council (FAC) in the United States believe that Facebook will create a “shadow banking system.” After the United States Federal Reserve asked some of the biggest banks in the nation about Libra, the banks voiced their negative stance towards the project. The...
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Apple Chief Says No To Altcoins Like Libra: Report

The Libra coin news today show that the banks at the Federal Advisory Council (FAC) in the United States believe that Facebook will create a “shadow banking system.” After the United States Federal Reserve asked some of the biggest banks in the nation about Libra, the banks voiced their negative stance towards the project. The...
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Libra Is Crumbling As Visa And Mastercard Consider Quitting: Report

The launch of the cryptocurrency by the largest social media company has faced nothing but criticism ever since Facebook announced its grand plans to dominate the global finance markets with its coin. However, it seems like that the Facebook Libra delay is not a threat to the market in general – and analysts believe that...
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Facebook Will Create A ‘Shadow Banking’ System: Major US Banks

The Libra coin news today show that the banks at the Federal Advisory Council (FAC) in the United States believe that Facebook will create a “shadow banking system.” After the United States Federal Reserve asked some of the biggest banks in the nation about Libra, the banks voiced their negative stance towards the project. The...
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Ripple Exec Seems Skeptical About Libra’s Decentralization

The Libra coin news are all over our site lately because of the expected launch of Facebook’s cryptocurrency in 2020. However, aside from making the news, Libra is also a major target for critics who are talking different things about the coin. One of them is a Ripple exec, who thinks that Libra’s decentralization looks...
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Ripple Exec Slammed Libra Saying It Is A ‘’Walled Garden’’

The launch of the cryptocurrency by the largest social media company has faced nothing but criticism ever since Facebook announced its grand plans to dominate the global finance markets with its coin. However, it seems like that the Facebook Libra delay is not a threat to the market in general – and analysts believe that...
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Facebook Libra Delay Would Not Cause A Crypto Crash

The launch of the cryptocurrency by the largest social media company has faced nothing but criticism ever since Facebook announced its grand plans to dominate the global finance markets with its coin. However, it seems like that the Facebook Libra delay is not a threat to the market in general – and analysts believe that...
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Sensitive For Society: Zuckerberg Sets No Launch Date For Libra

In today’s cryptocurrency news, we are focusing on Facebook and the much awaited Libra coin. The head of the social media giant was recently featured in the news, stating that the coin is “sensitive for society” and that the company is taking a much more careful approach to it than its previous projects. Mark Zuckerberg...
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Chinese Crypto Czar: Facebook’s Libra ‘Might Be Unstoppable’

The new director of China’s Research Institute on Digital Currency, Changchun Mu, believes that even though the world powers do not welcome Facebook’s Libra coin, the stablecoin and its advance is now unstoppable. The Chinese crypto czar officially assumed his role at the Institute on September 6 this year, leading the online education platform. There...
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Central Banks Will Meet With Libra Founders In Switzerland Today

According to officials from the European Central Bank (ECB) as well as 25 other global central banks, today is the day when central banks will meet with Libra to assess the financial stability risks of the entire project. The latest cryptocurrency news show that today (Monday, September 16) is an important day in the development...
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PayPal Has Same Banking Ambitions With Facebook’s Libra

Libra-like tokens are posing a threat to the Swiss National Bank monetary policies because they can impede the capability of the bank to initiate and implement monetary policies as we are reading today in the altcoin news reports. The SNB’s chairman of the governing board Thomas Jordan concluded that the Libra-like tokens are dangerous. The...
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Facebook Libra To Launch In H2 Of 2020: Libra Association Chief

The Libra Association chief is in the latest cryptocurrency news today for estimating Facebook Libra to launch somewhere in the second half of next year. In an interview with the French news magazine Les Echos on September 12, Bertrand Perez who is the director general of the Libra Association – said that the token should...
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