Libra currency News and Articles

A couple of extra lobbyists are selected by Facebook to support the corporation win over congressmen warnings to stymie the launch of its crypto coin. Head of Hollier Associates LLC William Hollier started lobbying for the social media giant on issues related to blockchain policy in late August. He...

As to JPMorgan Chase & Co. stablecoins which are built to bypass the massive changes of BTC and ETH, could break functioning normally in pressure periods. Joshua Younger said leaning on his analysis that the cumulative cost of all existing stablecoins is not surpassing $5 billion, 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...

One of the leading crypto exchanges said that the push back of Libra coin taught it a good lesson. And that it will take different strategy as it works on a rival project. Binance platform is ready to engage with all regulators from day one as it plans to roll out its Venus digital currencies. The...

Facebook’s Libra is already in the centre of the study of governors and lawmakers. Other crypto backers are worried and presently are struggling to guarantee the fusillade doesn’t take them down, too. Crypto lobbyists are attempting to persuade lawmakers that efforts to reduce or stop Libra...

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...

The developers of the non-custodian crypto wallet ZenGo have implemented support for the digital currency Libra test network. At the moment users will be able to send and receive tokens of the Libra test network, however, developers warn that so far these funds have no real value. You can...

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...

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...

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,...

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...