Lawmakers have a very sceptical attitude to Facebook’s coin. So the team of Facebook was concerned about this and announced that the company wants to create a means of cheap and secure payments around the world. David Marcus announced that they understand the big idea may take a lot of time and...
The public and governments scrutiny of Facebook’s influence increases, so Mark Zuckerberg decided to speak on the Aspen Ideas Festival today and explain all privacy and regulation details. His speech is set at 4:30 pm ET. As Aspen reports, Zuckerberg is going to speak with Harvard Professor Cass...
Banks of the US may prefer to stay onside from Facebook’s cryptocurrency. The Libra Association is making conversations with various lenders all over the world for joining their ranks, but the banks are still staying away from this idea after being a witness to a costumers' reaction to Apple Pay...
Mark Zuckerberg wrote about the start of the Libra project in a Facebook post on June 18. People started congratulating Zuckerberg for this new achievement, while governments started diminishing this extremely unexpected project. Maxine Waters, the chair of the US House Financial Services...
In his post, Mark said that Facebook is cooperating with 27 organizations and together they are launching a non-profit Libra Association and a currency called Libra. The main mission of the Libra is to create a worldwide financial infrastructure that will empower people all around the world said...
Yesterday was the day when a long-awaited partnership has become real. Riplle Inc. declared that now they’re partners with MoneyGram. Is this because Facebook decided to launch the coin these days? As the blockchain firm says itself, this partnership is going to make MoneyGram become a user of...
There are lots off rumours about Facebook’s currency and its launch. Let’s review and understand it together. There’s a hearsay that the popular social platform may make its projections public sooner than we expected. They say that the whitepaper will be released on June 18. As we already...
The launch of Facebook’s crypto project can happen already this month. At the same time, employees of the company will be able to receive their salaries in the new currency, as it was noted by "The Information". According to the publication, Facebook also plans to launch “physical...