November 13, 2019 As Regulators Stonewall Libra, Facebook Rolls Out New Payment System As worldwide regulators continue to stonewall the Libra stablecoin project, Facebook moves forward with Facebook Pay, a new fiat payment system.…
November 11, 2019 Dutch Court Orders Facebook to Remove Fake Bitcoin Ads A Dutch court has ruled that Facebook must remove crypto-related fraudulent investment ads after television producer John de Mol filed a lawsuit against the company.…
November 10, 2019 Crypto News From the German-Speaking World: Nov. 3-10 Cointelegraph auf Deutsch presents a weekly digest of selected cryptocurrency and blockchain-related developments from the German-speaking world.…
November 8, 2019 Fed Must Launch FedNow Ahead of Facebook’s Libra, Says Gov’t Official A senior U.S. federal official argued that Facebook’s Libra highlights the need for the FED to urgently launch its own real-time payments system — FedNow.…
November 7, 2019 David Marcus Says Calibra Is Considering Audits to Prove Data Protections Calibra CEO David Marcus said the firm is investigating how it can appoint an auditor to ensure that financial data and personal data from Facebook do not intermingle.…
November 6, 2019 EU Reaffirms Potential Move to Block Facebook’s Cryptocurrency The European Union is doubling down on its commitment to block the launch of Facebook’s Libra should it deem the project to present “unmanageable or excessive risks.” The European Union is doubling down on its commitment to block the launch of Facebook’s Libra should it deem the project to present “unmanageable or excessive risks.”A draft document to be discussed at a meeting of E.U.…
November 5, 2019 Facebook’s Calibra Exec: Libra Is More Like Email Than PayPal Libra will be a “journey of years and decades” and not a payment service like PayPal but more of an interoperability protocol like email, says Calibra’s VP of product.…
November 1, 2019 Why Libra Isn’t Ready and Congress Not Buying Zuckerberg’s Testimony Here is why Libra is not ready to launch a cryptocurrency yet and why lawmakers find it hard to separate Facebook from the association.…
October 30, 2019 Five European Union Countries Team Up to Block Libra: Report Five European Union member countries are purportedly creating a unified front against the issuance of Facebook’s proposed Libra stablecoin.…
October 29, 2019 Calibra Head David Marcus Touts Libra’s Money Laundering Standards The head of Calibra — the wallet for Facebook’s Libra stablecoin — said that the network will have better money laundering standards than most other payment networks.…
October 28, 2019 Libra Might Become Unrecognizable by Navigating Regulatory Concerns Libra considering the use of fiat-pegged stablecoins for its basket while navigating through a wave of negative criticisms from regulators.…
October 27, 2019 Bitcoin Madness, Zuckerberg in Congress, China’s Blockchain Plans: Hodler’s Digest, Oct 21–27 Bitcoin hits a five-month low and clocks 36% daily gains in a single week, and Congress unconvinced after Zuckerberg showdown.…
