January 23, 2020 Facebook’s Libra Pushed World to Reconsider USD as Global Reserve Currency: WEF Major global economists credit Facebook’s Libra with pushing the world to reconsider the U.S. dollar as the world’s anchor currency at WEF panel in Davos. Major global economists credit Facebook’s Libra with pushing the world to start reconsidering the United States dollar as anchor currency.At…
January 23, 2020 Facebook and Calibra’s David Marcus: The Problem of Global Unbanked Is “Unacceptable” At the World Economic Forum in Davos at a digital currency-centric panel, Calibra’s David Marcus focused on the issues of the unbanked as the primary use case. At the World Economic Forum panel discussing digital currencies, the conversation topics included Central Bank Digital Currencies (CBDCs).…
January 22, 2020 Japanese Ex-Central Banker: Libra Spurred Us to Take CBDCs Seriously The former head of payments and settlements at the Bank of Japan says Facebook’s Libra galvanized central banks globally to look seriously into digital currency issuance. The former head of payments and settlements at the Bank of Japan (BOJ) says Facebook’s Libra galvanized central banks globally to look seriously into digital currency issuance.A…
January 21, 2020 Australian Financial Regulator Could Oversee Facebook’s Calibra Wallet The Australian Prudential Regulation Authority has proposed a regulatory framework that would have it oversee digital wallets, including Calibra. The Australian Prudential Regulation Authority (APRA) is seeking to oversee stablecoin projects like Facebook's controversial stablecoin Libra.In…
January 17, 2020 Libra Association Forms Steering Committee to Guide Technical Development The Libra Association has formed a five-member steering committee to guid the network’s technical development. The Libra Association — the government body of the eponymous stablecoin introduced by Facebook in late 2019 — has formed a new committee to guide the network’s technical development. According…
January 16, 2020 More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That? Bitcoin scam ads featuring Martin Lewis appear on Instagram less than a year after Lewis settled a defamation suit with Facebook. Suspected crypto con artists are once again using the likeness of British financial expert Martin Lewis to defraud unsuspecting victims.…
January 15, 2020 US Congress Looks at Role of Crypto and Internet in Funding Hate Crimes The House Financial Services Committee raised concerns over the use of crypto to fund domestic terrorism in the United States in a recent hearing. The House Financial Services Committee has raised concerns over the use of cryptocurrencies to fund domestic terrorism in the United States.In…
January 10, 2020 Facebook’s Zuckerberg Calls for Digital Community Self-Governance Facebook CEO Mark Zuckerberg says the digital world needs governing, pointing toward government regulation but also community self-governance as potential solutions. Facebook CEO Mark Zuckerberg said the digital world needs oversight, mentioning government regulation as a potential solution but calling community self-governance “another and perhaps even better way.”“One…
January 10, 2020 Blockchain Social Media Startup Voice Hires Ex Forbes Exec as CEO Decentralized social media platform Voice has hired ex-Forbes executive Salah Zalatimo as CEO, just ahead of its public beta launch. Ahead of its upcoming public beta launch, decentralized social media platform Voice announced that it hired former Forbes chief digital officer, Salah Zalatimo, as its new CEO, according to a press release, Jan.…
January 9, 2020 Better Safe Than Hacked? Google and Apple Flip-Flop on Crypto The “Shitcoin Wallet” debacle shined a light on crypto security issues. Experts weigh in on how companies are caught in the balance. The cryptocurrency sector has many criticisms.…
January 8, 2020 Facebook’s Calibra Looks for Two Marketing Professionals Facebook’s Calibra is in search for two marketing specialists as the company continues the development of its Libra stablecoin project. Facebook’s Calibra is on the hunt for two marketing specialists as the company continues development of its Libra stablecoin project.The…
January 7, 2020 Bitcoin Scam Ads Featuring Martin Lewis Now Spotted on Instagram Fake Martin Lewis Bitcoin scam ads have been spotted on Instagram after Lewis settled a defamation lawsuit against Facebook in 2019. Bitcoin (BTC) scam ads featuring the likeness of Martin Lewis have continued to appear on social media despite Lewis’ previous efforts to prevent such illegal practices.After…
