facebook cryptocurrency News and Articles

DOT value has tripled almost in eight days which proves again that this project can reach more. Major cryptocurrency funds think that Polkadot hasn't revealed its whole potential yet and can become one of the top 3 cryptocurrencies. At the moment it's listed as the sixth-largest digital asset....

The CEO of Facebook is going to protect the Libra project before a congressional committee on October 23. He states that coin won’t issue until the US government confirms the project. Zuckerberg made remarks before the hearing in the House Financial Services Committee, where he mentions that the...

Facebook Inc. warns Washington that if the corporation’s plans for launching a cryptocurrency fail, it will be a huge win for China. David Marcus said in an interview that China is going ahead and trying to create a digital payment system with a worldwide reach and, at the same time, the US is...

They heard senators' voices. Facebook loses some chief partners, like eBay, Stripe, Visa and MasterCard. Regulators and lawmakers criticised the Libra project, which brought to thought will the project even persist? Before the opening meeting of Libra Association in Geneva, which is planned to be...

Representatives of the payment company PayPal did not attend a meeting with members of the Libra Association in Washington, where they discussed a strategy for cooperation with regulators amid fierce criticism of the project. According to sources in the Financial Times, only PayPal was not present...

Facebook negotiates with a key congressional committee for Chief Operating Officer Sheryl Sandberg to testify as soon as next month amid topics about the corporation’s market control and its programs of launching a digital currency Libra. Facebook expects that Sandberg is going to appear at a...

Europe’s resistance to Facebook's proposed cryptocurrency grows, as Germany describes its position. After the cabinet approved the government’s blockchain approach, it announced that this technology has fabulous potential but it doesn’t mean that it must be applied for building new private...

Facebook announced the primary basket of currencies. The corporation declared to US senators that Libra is going to be pegged to US dollar, euro, Singapore dollar, British pound and yen. Mark Warner, Virginia Democratic Senator is warned that China can drive the Libra Association to add yuan in the...

EU Competition Commissioner Margrethe Vestager said that Libra digital currency is going to be a centre for antitrust and economic governors soon, affirming an early-level examination into how the modern payment system is going to run. Vestager informed journalists in Copenhagen that from both...

The US House Financial Services Committee representative declared on July 25 that Facebook purposes about developing a digital currency are still bothering her even after meeting the officials in Switzerland. Maxine Waters stated that she appreciates the time that administration of Switzerland...

Governor of the Bank of England Mark Carney proposed a modification of the global economic system. He suggested replacing USD with a Libra-like digital currency. During his speech at the Federal Reserve’s yearly symposium, the governor announced that a currency like Facebook’s Libra may replace...

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...

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...

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...

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...