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......»»
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......»»
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......»»
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.".....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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.....»»