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Spotify Looking for Associate Director to Lead Activity on Libra Project, Other Crypto Efforts
4.12.2020
The world's largest audio streaming service is on the hunt for a new associate director to lead its activity within the Libra stablecoin project
75 Companies Back Facebook Libra’s Competitor Celo
7.5.2020
Celo, a competing project to Facebook’s Libra cryptocurrency, has added 50% more new members to its alliance, bringing the total number of supporting organizations to 75. Some Celo members are also supporters of the Libra project, such as Coinbase Ventures, Anchorage, and Andreessen Horowitz....
Facebook Libra Redesigned: New System and Cryptocurrency to Comply With Regulations
17.4.2020
Facebook’s Libra cryptocurrency project has undergone major changes. A number of key areas have been redesigned, including the payment system, the Libra cryptocurrency, and the addition of new single-currency stablecoins. The changes largely aim to comply with regulatory requirements. Also...
Libra Project: The Stablecoin Project to Watch Out for
4.4.2020
Currency happens to be the lifeblood of the global economic system. It is the pivot around which wheels of economic activities spin; however, with the emergence of the capitalist economy, the money power tends to be possessed only by a few ones. The inequality in the distribution of wealth is...
Cryptocurrency Could Kill Bank Lending, Warns Bank of England Deputy Governor
1.3.2020
In the cryptocurrency economy, the supply of credit through the banking system could disappear, warned Bank of England Deputy Governor Sir Jon Cunliffe. That would be a change with “profound economic consequences,” he added, emphasizing the risks from Facebook’s Libra project...
Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook
24.2.2020
Facebook’s coin project, Libra, continues to draw attention despite setbacks, including a shrinking pool of backers and a growing number of worried regulators. But now with JP Morgan seeing potential for the social network’s cryptocurrency and e-commerce giant Shopify joining the Libra...
Shopify Joins Facebook's Libra Project + More News
21.2.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Libra news
Canada-headquartered e-commerce giant Shopify said it has become a member of the Libra Association. "As a member of...
Fed Chair Powell Reveals US Response to China’s Digital Yuan, Libra, Public Payments Ledger
12.2.2020
In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is...
The Modern Great Game — Facebook’s Libra Project
15.12.2019
What are the possible scenarios for governments after the launch of Facebook’s Libra, and should the U.S. be afraid of it?
Deutsche Bank Report Considers Libra Project as a Catalyst in Crypto Mass Adoption
12.12.2019
Having been subjected to global backlash and criticism, Facebook’s stablecoin Libra project has finally received a welcoming note from a renowned financial entity, the Deutsche Bank. Based in Frankfurt, the bank said in a statement that Libra can play a major role in giving a boost to the crypto...
Libra Testnet Fails to Impress as New Legislation Looms
25.11.2019
A November 15 blog post by Libra project developers detailing testnet developments has apparently failed to impress government regulators and influential voices in the space alike. CEO of blockchain company R3, David Rutter, commented at a London conference last week that “what they did...
Paypal CEO Admits He Owns Bitcoin
21.11.2019
The CEO of Paypal, Daniel Schulman, has revealed in an interview that he personally owns bitcoin. He also talked about Paypal’s plans regarding cryptocurrency, how to achieve mass adoption, and why Paypal decided to leave Facebook’s Libra project. Also read: US to Strictly Enforce...
Facebook’s Libra Project Gets Severe from Founder of Twitter and Co-Founder of Ethereum
26.10.2019
After being introduced in June, Facebook’s crypto project Libra has constantly been in the news, and mostly for the wrong reasons. From initials stakeholders backing out to stark opposition from the government, problems for Mark Zuckerberg don’t seem to end at any time. Adding to the pain, founder...
Twitter CEO Dismisses Facebook’s Libra Project as a ‘Gimmick’
25.10.2019
Jack Dorsey. Jack Dorsey, the CEO of Twitter, has launched a scathing attack on rival social media platform Facebook’s Libra plans.
Dorsey was speaking at a Twitter event held in New York, and was asked about the possibility of Twitter joining the Libra Association – with Facebook representatives...
Facebook Likely to Use Stablecoins Pegged to Fiat for its Libra Project
21.10.2019
Facebook’s Libra project has been abuzz with new updates quite frequently in recent times. According to the recent reports dated October 20, 2019, Facebook is contemplating to utilize stablecoins pegged to a national currency for its digital currency Libra. Talking at a banking seminar, Facebook’s...
Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving Libra
12.10.2019
Most payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of...
Visa, EBay, Stripe and Mastercard Abandon Facebook’s Libra Project
11.10.2019
Visa, EBay, Stripe and Mastercard are dropping out of Facebook’s cryptocurrency project Libra
eBay, Stripe Follow PayPal in Quitting Facebook’s Libra Project
11.10.2019
ebay and Stripe have joined PayPal in withdrawing from the Facebook-led Libra Association
U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra
11.10.2019
In the wake of Paypal’s very public exit from the Libra project, U.S. lawmakers are now pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as well. On October 8, three letters from two U.S. senators urged the tech and finance giants to “carefully...
US Lawmakers Call on Payment Giants to Exit ‘Chilling’ Libra Project
9.10.2019
Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association