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Watch Today’s Facebook Libra Hearing at the House Financial Services Committee
17.7.2019
Watch the live webcast of the House Financial Services Committee hearing on Facebook's Libra cryptocurrency project
It’s Not Up to Facebook to Decide What Libra Is, Ex-CFTC Advisor Says
17.7.2019
Security? Payment token? Utility token? Defining Facebook's Libra won't be easy, and it's not Facebook's call, says Jeff Bandman
WaykiChain(WICC) CEO Gordon GAO: When Libra Isn’t the Right Answer
17.7.2019
There will always be questions around developer-friendliness and how well Libra can protect smart contract developers from shooting themselves in the foot. It sounds like the Libra Association will be a federation that can evolve with the help of a voting system and some sort of pre-existing...
Politicians, Internet Reactions Mixed after Facebook’s Libra Hearing
17.7.2019
Some American politicians are claiming victory over Facebook after the Senate Banking Committee hearing on the social network’s forthcoming Libra project – but many commentators say they were nonplussed by the hearing.
The social network’s blockchain chief David Marcus was quizzed by the committee...
Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra
16.7.2019
For a panel about a proposed cryptocurrency, Tuesday's Senate Facebook hearing was light on actual crypto talk
Cuba Libra? Island Nation Slowly Explores Cryptocurrency Options
16.7.2019
Cuba highlights the difference between bitcoin and corporate token projects like Libra
German Finance Minister: Facebook Shouldn’t Be Allowed to Compete with the Euro
16.7.2019
“The issuance of a currency does not belong in the hands of a private company," according to Germany's finance minister
Libra Hearing: 'Toddler With Matches and the Game of Trust'
16.7.2019
David Marcus. On Tuesday, Republican and Democratic Senators were grilling social media giant Facebook over its plans together with at least another 27 partners to launch the Libra project.
“Facebook has demonstrated through scandal after scandal that it doesn’t deserve our trust. We’d be crazy...
CoinDesk LIVE: Unpacking the Libra Hearings
16.7.2019
CoinDesk LIVE presents opinions and commentary on Libra's hard road ahead. Join six experts and our own editors for a detailed discussion of the future of Mark Zuckerberg's cryptocurrency
Facebook’s Marcus Says He’d Accept 100% of His Pay in Libra
16.7.2019
Facebook blockchain exec David Marcus told lawmakers he would be willing to accept 100 percent of his salary in Libra
How US Congress Can Make Stablecoins and Libra Irrelevant
16.7.2019
Source: iStock/Uko_Jesita
It is well-known by now that U.S. lawmakers and now even members of President Trump’s cabinet are highly skeptical about Facebook’s proposed Libra stablecoin. And although regulators and governments in parts of the world have tried their best to control digital tokens...
Watch the Facebook Libra Hearing Live Now
16.7.2019
Facebook's hearing in front of the U.S. Senate is live online and we will be running commentary all day
Facebook’s Libra Should Be Regulated Like a Security, Says Former CFTC Chair
16.7.2019
Former CFTC Chairman Gary Gensler believes Facebook's Libra looks – and should be regulated like – a security
Facebook will Refrain from Launching Its Crypto Libra until Necessary Approvals are Acquired
16.7.2019
The discussions and debates around Facebook’s ambitious cryptocurrency project Libra never seem to come to an end. It is a well-known fact that Facebook has faced a lot of flak from policymakers, globally, citing data privacy, money laundering, security, consumer protection, and other illegal usage...
Is the US Government Finally Accepting that Bitcoin is a Threat to the USD?
16.7.2019
No matter how much we deny it, Bitcoin is the future of global trade, and will most probably dethrone the current dominant currency, the US Dollar. While the world of crypto and quite a few economists believe this, the US never reacted to crypto until recently. However, in the past few weeks,...
US Treasury Secretary Mnuchin Is ‘Not Comfortable’ With Facebook’s Libra
15.7.2019
In a press conference Monday, Mnuchin voiced the Trump administration's concerns with Facebook's Libra and cryptocurrencies like bitcoin
What to Expect When Congress Grills Facebook on Cryptocurrency This Week
15.7.2019
The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions
Japan Creates Working Group to Discuss Facebook Libra Ahead of G7 Meeting
15.7.2019
Japan has set up a working group to examine the issues raised by Facebook's Libra cryptocurrency project ahead of a G7 meeting this week
Facebook Could Be Fined Heavily For Libra, According To Proposal From Democrats
15.7.2019
Troubles for Facebook’s Project Libra does seem to end anytime soon, as the new proposal by the Democrats might invite heavy penalties if it continues to pursue it. The new proposal demands a fine of $1 million per day for violation of rules proposed if they are implemented. The new proposal...
US May Bar Large Tech Firms From Issuing Cryptocurrencies
15.7.2019
Lawmakers in the U.S. are discussing a bill that seeks to prevent large technology institutions in the country from issuing cryptocurrencies