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Facebook to Face Global Regulators about its Libra Cryptocurrency Project
16.9.2019
According to recent news, Global regulators will interrogate Facebook shortly regarding its Libra cryptocurrency, even though the EU governments expressed concerns that the digital currency poses a danger to financial stability. As per the Financial Times, Facebook needs to face 26 national banks...
European Countries Step Up Response to Facebook’s Libra
16.9.2019
The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. As Facebook engages Switzerland’s financial regulator, the ECB clarifies how Libra...
Global Central Banks to Question Facebook-Led Libra Over Financial Risks
16.9.2019
The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project
PayPal: ‘A Lot of Work’ Still Needs to Happen for Libra to Become Real
16.9.2019
PayPal reportedly cautious about the fate of Facebook’s planned stablecoin Libra
Libra Confident, France Angry, Domino’s BTC Prize: Hodler’s Digest, Sept. 9–15
15.9.2019
In this week’s Hodler’s Digest, Libra gets confident, France gets angry, and Domino’s Pizza fans get excited
Central Banks to Meet With Libra Founders in Switzerland on Monday
15.9.2019
A forum of central banks will meet with Libra on Monday to assess the purported financial stability risks of the project
France Minister Maire Proposed Europe’s Cryptocurrency To Counter Facebook’s Libra
14.9.2019
Amidst the growing concerns after Facebook’s worldwide launch of Libra last June, the deeply worried European countries have devised an investigation of the upcoming currency by the European regulators. At a financial congregation in Helsinki, with EU finance ministers, French Finance...
PayPal is Watching Out for Facebook Backed Cryptocurrency Libra
14.9.2019
In recent News, PayPal stated that it is watching out for Facebook backed Cryptocurrency, Libra, which is scheduled to make a big appearance with the one of the leading digital payments firm. Moreover, international tension is intensifying over Libra, with national banks, regulators,...
Amidst Libra Controversies, France Calls for EU-Wide Cryptocurrency Regulation
13.9.2019
The French government continues to be stringent with cryptocurrencies and the primary underlying technology, Blockchain. The country’s economy minister, Bruno Le Maire, urged on the European Union to establish a common set of regulatory parameters for cryptocurrencies in order to counteract risks...
German Gov’t Speaks Against Approval of Facebook’s Libra in Europe
13.9.2019
Germany opposes Facebook’s Libra stablecoin in the EU, but envisions the development of a state-run cryptocurrency
Facebook’s Libra Pushes Back at Claims Project Is Threat to Financial Stability
13.9.2019
The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability
Libra je hrozba pro finanční systém, varuje Francie a nechce kryptoměnu Facebooku v Evropě povolit
13.9.2019
Francouzský ministr Bruno Le Maire financí prohlásil, že připravovaná globální digitální měna Libra by neměla být v Evropě povolena. Představuje podle něj finanční rizika, ohrožení suverenity a do budoucna hrozí zneužití dominantního postavení na trhu. „Za současných podmínek nesmíme rozvoj Libry
EU Needs Own Digital ‘EuroCoin’ to Compete With Libra, Says France
13.9.2019
“EuroCoin”? France’s finance minister thinks Europe needs its own public digital currency to challenge Facebook’s Libra stablecoin
Facebook’s Crypto Launching in H2 2020, Says Libra Association Chief
13.9.2019
Libra will solve disputes and launch next year, a senior executive says
France Bans Facebook’s Libra Cryptocurrency in Europe
12.9.2019
On Thursday, Bruno Le Mair, France’s Minister of the Economy and Finance, warned that the country will halt the development of Facebook’s planned cryptocurrency, ‘Libra,’ since the digital asset poises threats to the “monetary sovereignty” of governments. The announcement was made by Le Maire as...
France Doesn't Want Let Libra Into Europe
12.9.2019
Due to systemic financial risks, risks for sovereignty, and the potential for abuse of market dominance, we "cannot authorize the development of Libra on European soil," French Finance Minister Bruno Le Maire said on Thursday.
“All these concerns about Libra are serious," Le Maire was quoted...
France Says It Will Block Facebook Libra in Europe: Report
12.9.2019
The French finance minister has said the nation plans to block Facebook's Libra cryptocurrency in the EU over its threat to "monetary sovereignty."
Facebook Libra Brings ‘Risks and Opportunities’: Swiss Watchdog Chief
12.9.2019
FINMA's director has spoken out about the risks of working with a major project like Facebook's Libra, and said there are also potential benefits
France Says It’ll Block Facebook’s Libra Development in Europe: Report
12.9.2019
France says it will block the development of Facebook’s Libra cryptocurrency in Europe
Switzerland’s FINMA Announces Additional Scrutiny of Facebook’s Libra
12.9.2019
Facebook shines as one of the most loved social networking sites in the modern era. With the growing craze for cryptocurrencies, Mark Zukerberg led social media giant, planned to explore the new domain by launching its stablecoin, Libra. Despite hailing from a reputed and popular brand name...