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Facebook’s Libra Cryptocurrency is Already Under Attack on Multiple Fronts

It has barely been two months since Mark Zuckerberg announced Facebook’s long awaited foray into the cryptocurrency ma.....»»

Category: topSource: redherringAug 21st, 2019

Facebook Revamps Proposed Cryptocurrency Libra

Facebook, Inc. (NASDAQ: FB)'s proposed cryptocurrency Libra is revamping its platform to make it more acceptable to financial regulators.  read more.....»»

Category: blogSource: benzingaApr 16th, 2020

Facebook tries again with its Bitcoin rival

Facebook's Libra cryptocurrency could now launch in mid-November after a revamp aimed at mollifying its many critics. Julian Satterthwaite reports......»»

Category: videoSource: reutersApr 16th, 2020

Facebook"s Libra cryptocurrency gets revamp in response to backlash

Facebook's planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory approval......»»

Category: topSource: reutersApr 16th, 2020

Facebook"s Libra cryptocurrency revamped after backlash

Facebook's planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory approval......»»

Category: topSource: reutersApr 16th, 2020

"This doesn"t sound right": Mastercard"s CEO ditched Facebook"s Libra after multiple red flags

Drew Angerer/Getty Images Mastercard's CEO withdrew from Facebook's Libra over.....»»

Category: topSource: businessinsiderFeb 4th, 2020

Facebook spurred central banks to study digital currencies: former Japan central banker

The challenge posed by Facebook's Libra cryptocurrency likely prodded major central banks to set up a new group to study the potential for issuing their own digital currencies, a former Bank of Japan executive said on Wednesday......»»

Category: topSource: reutersJan 22nd, 2020

Facebook"s Libra has failed in current form: Swiss president

Facebook's Libra project has failed in its current form and needs reworking to be approved, said the president of Switzerland where the cryptocurrency is seeking regulatory consent......»»

Category: topSource: reutersDec 27th, 2019

Facebook"s Libra lacks solid plan for launch- governing board member

Facebook's Libra project has no solid plan yet for how or where it will be launched next year, a member of the board that will oversee the cryptocurrency told Reuters on Thursday......»»

Category: topSource: reutersDec 19th, 2019

Facebook"s Libra 2020 launch plan still unclear: board member

Facebook's Libra project has no solid strategy yet for how or where it will be introduced next year, a board member of the body overseeing the hotly-anticipated cryptocurrency told Reuters on Thursday......»»

Category: topSource: reutersDec 19th, 2019

Facebook"s Libra launch was "ridiculously stupid," blockchain boss says

GERARD JULIEN/AFP/Getty Images Facebook's unveiling of its proposed Libra cryptocurrency this summer was "ridiculously stupid," according to the boss o.....»»

Category: topSource: businessinsiderNov 21st, 2019

Paypal CEO Talks About Leaving Facebook"s Libra, Blockchain, And Owning Bitcoin

PayPal Holdings Inc. (NASDAQ: PYPL) wasn’t scared of the regulatory issues facing Facebook Inc's (NASDAQ: FB) Libra cryptocurrency project, its CEO Dan Schulman told Fortune in an 0 read more.....»»

Category: blogSource: benzingaNov 21st, 2019

Analysts Expect Facebook Pay To "Materially Improve Monetization"

Facebook, Inc. (NASDAQ: FB) dabbled in fintech with Messenger payments, Instagram checkout and the Libra cryptocurrency, but it’s making a deeper play with Facebook Pay. Latest Ratings .....»»

Category: blogSource: benzingaNov 14th, 2019

Facebook"s Zuckerberg Fails To Ease Lawmaker Concerns With Congressional Testimony

Facebook, Inc. (NASDAQ: FB) CEO Mark Zuckerberg spoke in front of the U.S. House Financial Services Committee on Wednesday to better explain his Libra cryptocurrency ambitions. read more.....»»

Category: blogSource: benzingaOct 24th, 2019

Facebook: Pressure Mounts on Libra Cryptocurrency

Banks, central and private alike, are feeling uneasy about the social media company’s dive into digital financeRelated Stocks: FB, MA, V, EBAY,.....»»

Category: blogSource: gurufocusOct 23rd, 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

US Treasury to Monitor Libra Over Possible Financial Risks

The Treasury Department has committed to monitoring the Facebook-led cryptocurrency project Libra alongside regulatory efforts by Congress......»»

Category: forexSource: coindeskOct 23rd, 2019

Zuckerberg admits Facebook in a poor position to promote Libra

Facebook is in a poor position to promote its plans to launch a global cryptocurrency, Mark Zuckerberg has admitted, in candid testimony released before a key congressional hearing on Wednesday......»»

Category: topSource: bizjournalsOct 22nd, 2019

Zuckerberg to tell Congress Facebook is "not the ideal messenger" for Libra currency

Facebook Chief Executive Mark Zuckerberg plans to acknowledge before Congress that Facebook is not the "ideal messenger" for its Libra cryptocurrency project, given ongoing criticism of the company......»»

Category: topSource: reutersOct 22nd, 2019

Facebook lays on the charm for its Libra cryptocurrency plan

Facebook’s ambitious plan t.....»»

Category: topSource: bizjournalsOct 22nd, 2019

Lawmakers are getting ready to grill Facebook CEO Mark Zuckerberg over the Libra cryptocurrency project. But they may not get the answers they"re looking for. (FB)

Getty Facebo.....»»

Category: topSource: businessinsiderOct 22nd, 2019