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Consumer Advocates Urge Libra Members to Quit Facebook Crypto

A coalition of consumer advocacy groups urged the Libra Association's 28 member firms to quit the Facebook-led project......»»

Category: forexSource: coindeskJul 18th, 2019

Consumer Advocates Urge Libra Members to Quit Facebook’s Crypto Project

A coalition of consumer advocacy groups urged the Libra Association's 28 member firms to quit the Facebook-led project......»»

Category: forexSource: coindeskJul 18th, 2019

Facebook"s Libra project unravels further as US lawmakers urge Visa and Mastercard to quit

Two Senate Democrats have reportedly urged Visa, Mastercard and Stripe to reconsider their involvement with Facebook's Libra cryptocurrency.....»»

Category: topSource: businessinsiderOct 9th, 2019

Facebook to Senators: Libra Crypto Will Respect Consumer Privacy

Facebook's David Marcus told lawmakers its new libra cryptocurrency will not store or share personal financial information – with a few caveats......»»

Category: forexSource: coindeskJul 9th, 2019

Facebook’s Monumental Libra Debut: Crypto Experts Weigh In

Facebook has announced the launch of its Calibra wallet that is backed by the Libra Association, an independent consortium with members such as Visa, Mastercard, Stripe and Coinbase. The association will independently govern and .....»»

Category: blogSource: valuewalkJun 18th, 2019

Facebook names first members of oversight board that can overrule Zuckerberg

Facebook Inc's new content oversight board will include a former head of state, a Nobel Peace Prize laureate and several constitutional law experts and rights advocates in its first 20 members, the company announced on Wednesday......»»

Category: topSource: reutersMay 6th, 2020

Facebook names first members of content oversight board

Facebook's new content oversight board will include a former head of state, a Nobel Peace Prize laureate and several constitutional law experts and rights advocates in its first 20 members......»»

Category: videoSource: reutersMay 6th, 2020

Health care groups urge Trump administration to centralize approach to PPE supplies, testing

A group of health-care and consumer advocates sent a letter to the Trump administration on Friday, urging it to take a coordinated and centralized approach to the medical supply cha.....»»

Category: topSource: marketwatchMay 1st, 2020

Regulators urge banks and credit unions to consider offering small-dollar loans — consumer advocates call it a ‘terrible idea’

Banking regulators say banks and credit unions should offer small-dollar loans to customers in response to the COVID-19 outbreak......»»

Category: topSource: marketwatchMar 26th, 2020

Cryptosphere: Why is Facebook"s Libra in trouble?

Facebook is getting into the crypto business. Its digital currency called Libra is scheduled to launch in summer 2020. But the project has raised a lot of concerns......»»

Category: videoSource: reutersMar 17th, 2020

Libra Plus? A New Global Digital Currency Strategy for Facebook

India’s Supreme Court overturns a crypto banking ban while Facebook prepares fiat-pegged digital currencies alongside Libra......»»

Category: forexSource: coindeskMar 4th, 2020

Vodafone Is the Latest Big Company to Quit Facebook-Founded Libra Association

Telecom giant Vodafone has left the Libra Association, the eighth company to pull out of the Facebook-led digital currency project since the fall......»»

Category: forexSource: coindeskJan 21st, 2020

Mnuchin ‘Fine’ With Libra Launch, But Crypto Project Must ‘Fully’ Comply With AML Rules

Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter......»»

Category: forexSource: coindeskDec 7th, 2019

Zuckerberg: Facebook Would Quit Libra if the Association Launched Prematurely

Facebook's CEO told lawmakers the company would pull out of the Libra Association if the consortium launched its cryptocurrency without regulatory approvals......»»

Category: forexSource: coindeskOct 23rd, 2019

Facebook and partners move forward with Libra cryptocurrency after string of exits

Twenty one remaining members officially join the Libra Association......»»

Category: topSource: moneycentralOct 15th, 2019

Facebook-Led Libra Forms Governing Council After Big-Name Departures

At a charter signing in Geneva on Monday, the Libra Association locked in 21 members of its governing council......»»

Category: forexSource: coindeskOct 14th, 2019

Facebook"s Libra faces support test after payment giants jump ship

Facebook's Libra cryptocurrency faces a pivotal meeting of backers on Monday, days after the ambitious project to bring digital coins into mainstream commerce suffered a severe setback when major payment firms quit......»»

Category: topSource: reutersOct 14th, 2019

Facebook CEO Mark Zuckerberg to Testify Before Congress Over Libra Crypto

Facebook CEO Mark Zuckerberg will defend Libra before U.S. lawmakers later this month......»»

Category: forexSource: coindeskOct 9th, 2019

Now Traders Can Make Bets on When Facebook’s Libra Will Launch

Crypto futures exchange CoinFLEX is issuing derivatives linked to the launch of the Facebook-led Libra cryptocurrency project......»»

Category: forexSource: coindeskOct 7th, 2019

Why (Almost) Everybody Hates Facebook’s Digital Coin

Facebook Inc.’s plan to create a digital currency, Libra, is a big idea. If a third of the social network’s 2 billion members use Libra, it might be in more (virtual) pockets than the U.S. dollar. On the other hand, it could flop if it turns ou.....»»

Category: topSource: washpostOct 6th, 2019

PayPal Withdraws From Facebook-Led Libra Crypto Project

PayPal might pull out of the Facebook-led Libra project, according to a Financial Times report......»»

Category: forexSource: coindeskOct 4th, 2019