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Nalezeno "Libra project": 31

75 Companies Back Facebook Libra’s Competitor Celo


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....

Libra Project: The Stablecoin Project to Watch Out for


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...

Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook


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


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...

Libra Testnet Fails to Impress as New Legislation Looms


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


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...

Twitter CEO Dismisses Facebook’s Libra Project as a ‘Gimmick’


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


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


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...

U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra


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...

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