Facebook Libra (LIBRA) News

The founder of the Chinese technology giant Huawei, Ren Zhengfei, said that China should not wait until someone launches a digital currency like Libra. In his opinion, the state is always stronger than any Internet company. This was reported by the local media. "China is able to release its...

According to a survey conducted by CivicScience, the overwhelming majority of US residents do not inspire confidence in the upcoming digital currency, Libra. The survey involved 1799 adults in the United States. Only 2% of respondents said they trust the Libra project more than Bitcoin. It also...

The hearings on the Libra project have already took place in the Financial Services Committee of the US House of Representatives, which is chaired by one of the most active public critics of the project, Congresswoman Maxine Waters. This is the second part of our text reportage from the hearings....

The hearings on the Libra project are already taking place in the Financial Services Committee of the US House of Representatives, which is chaired by one of the most active public critics of the project, Congresswoman Maxine Waters. North Carolina senator Patrick McHenry said that the lack of...

When the US legislators showed deep suspicion about the viability of cryptocurrencies, Bitcoin fall in price below $10000. The rate was rising for three last weeks and even passed the highest price form the last year. The most popular digital coin dropped as much as 12%, bringing its three-week...

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...

India, which is the third greatest economy in Asia, doesn’t seem to admit the idea of Libra coin. Subhash Garg the secretary of Economic Affairs said in New Delhi interview on 6 July that the design of Facebook’s coin is not totally explained, but anyway it is going to be a private currency,...

New research provides us with a very interesting statistics about various countries and their tweets about the crypto industry. So the first position is the US because 38.9% of tweets about Bitcoin are from here. The UK takes second place with 10.5%. Top five countries are US, UK, Canda, Turkey...

On June 26, Bitcoin passed the mark $13000, after several minutes it shed about $1000. At 6 pm ET, Bitcoin’s price was back to $12000-plus cost. The reason for this wasn’t clear, but we all know that cryptocurrencies are famous for their price swings. A preceding bitcoin craze hit a fever...

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...