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Japanese Lawmakers Will Propose Digital Yen to Counter Libra, China: Report

Around 70 politicians from Japan's ruling Liberal Democratic Party plan to propose the nation issues its own digital currency......»»

Category: forexSource: coindeskJan 24th, 2020

Spooked by Libra, EU pledges to regulate digital currencies

The European Union's finance commissioner pledged on Tuesday to propose new rules to regulate virtual currencies, in a reaction to Facebook's plans to introduce Libra, which the EU considers a risk to financial stability......»»

Category: topSource: reutersOct 8th, 2019

EU finance commissioner pledges to regulate digital currencies

The European Union's finance commissioner pledged on Tuesday, if he is reappointed, to propose new rules to regulate virtual currencies such as Libra, the currency Facebook plans to launch......»»

Category: topSource: reutersOct 8th, 2019

German Finance Minister Supports Digital Euro, But ‘Very Critical’ of Libra

Speaking on a possible e-euro, minister Olaf Scholz said Germany "should not leave the field to China, Russia, the U.S. or any private providers.".....»»

Category: forexSource: coindeskOct 7th, 2019

PayPal drops out of Facebook’s Libra digital-currency project: report

In what could be a lethal blow to Facebook Inc.’s controversial Libra project, PayPal Holdings Inc. is reportedly on the verge of withdrawing its support for the global digital currency......»»

Category: topSource: marketwatchOct 5th, 2019

PayPal drops out of Libra project: report

In what could be a lethal blow to Facebook Inc.’s controversial Libra project, PayPal Holdings Inc. is reportedly on the verge of withdrawing its support for the global digital currency......»»

Category: topSource: marketwatchOct 4th, 2019

PayPal is on the verge of bailing from Libra project: report

In what could be a lethal blow to Facebook Inc.’s controversial Libra project, PayPal Holdings Inc. is reportedly on the verge of withdrawing its support for the global digital currency......»»

Category: topSource: marketwatchOct 4th, 2019

US House Committee Pressuring Zuckerberg to Testify on Libra: Report

Facebook CEO Mark Zuckerberg is facing pressure to testify before U.S. lawmakers on the firm's cryptocurrency project Libra......»»

Category: forexSource: coindeskOct 4th, 2019

Facebook’s Mark Zuckerberg seeks to reassure wary lawmakers about Libra, elections in rare D.C. trip

Facebook chief executive Mark Zuckerberg pledged in a private meeting with lawmakers that the company would not launch its controversial digital currency, called Libra, anywhere in the world until it receives approval from regulators in the United States......»»

Category: topSource: washpostSep 19th, 2019

Facebook’s Mark Zuckerberg seeks to reassure wary lawmakers in rare D.C. trip

Facebook chief executive Mark Zuckerberg pledged in a private meeting with lawmakers that the company would not launch its controversial digital currency, called Libra, anywhere in the world until it receives approval from regulators in the United States......»»

Category: topSource: washpostSep 19th, 2019

Militarization Of North Australia Is A Must To Win A War Against China, Report

Expanding on our June report, that outlined Australia is constructing a new naval port on its northern coast to counter a rising China in the Indo-Pacific­ region, Australian Defen.....»»

Category: blogSource: zerohedgeAug 19th, 2019

US Lawmakers to Discuss Facebook Libra on Swiss Visit: Report

Congresswoman Maxine Waters and other U.S. lawmakers will discuss Facebook's crypto project with the Swiss data privacy chief this week......»»

Category: forexSource: coindeskAug 19th, 2019

Facebook gets a DC grilling on Libra, antitrust

Facebook got a lashing by senate lawmakers from both sides of the aisle on Tuesday over plans for its cryptocurrency and from house lawmakers investigating big tech’s monopoly in the digital space......»»

Category: videoSource: reutersJul 16th, 2019

Cryptos Are Crashing As Libra Hearing Ends, Bitcoin Back Below $10k

Bitcoin tumbled back below $10,000 and dragged the rest of the crypto space lower after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies. Bitcoin.....»»

Category: blogSource: zerohedgeJul 16th, 2019

Senators grill Facebook on its plans for Libra cryptocurrency

Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the aisle questioned the social media company on its plans for a digital currency at a hearing on Tuesday......»»

Category: topSource: reutersJul 16th, 2019

Facebook official says regulatory concerns to be addressed before Libra launch

Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are fully addressed......»»

Category: topSource: reutersJul 15th, 2019

Facebook’s Digital Currency Libra Is Forcing U.S. Regulators to Grapple With Blockchain

Facebook's new digital currency is spurring some tough questions from federal lawmakers, who don't yet know how to regulate blockchain tech. With Facebook planning to roll out its own digital currency, U.S. regulators are expected to pus.....»»

Category: europeSource: fortuneJun 20th, 2019

Capitol Report: Ross sees U.S.-China trade deal ‘eventually’ | Ocasio-Cortez defends raising Congressional pay

Commerce Secretary Wilbur Ross said on Tuesday that he believes the U.S. and China ultimately will reach a trade deal, while Rep. Alexandria Ocasio-Cortez is speaking in favor of raising the pay of U.S. lawmakers......»»

Category: topSource: marketwatchJun 11th, 2019

Shares in China"s Hikvision slump after report of U.S. blacklisting

Shenzhen-listed shares in Chinese video surveillance firm Hikvision Digital Technology Co Ltd opened 10% lower on Wednesday after reports that the U.S. may blacklist the firm......»»

Category: topSource: reutersMay 22nd, 2019

China"s economy picks up as companies pile on debt, survey finds

The latest China Beige Book report released Wednesday found "an unmistakable first-quarter recovery" driven by increased credit, running counter to Beijing's stated efforts to reduce reliance on debt......»»

Category: topSource: moneycentralMar 27th, 2019

Port Report: Ocean Freight Keeps Up Digital Move As Industry Gets Props For Its Tech Savvy

NYSHEX, the digital ocean freight platform, wants to expand its market reach into China after last year's launch of its U.S. service offerings. read more.....»»

Category: blogSource: benzingaMar 21st, 2019