Search
Regulators Across Globe Ask Facebook to Provide Information on Data Security
6.8.2019
The watchdogs across the world have asked Facebook to provide more transparency about its proposed cryptocurrency Libra. The combined action has been taken by the Information Commissioner office of Australia (OAIC) and Office of Information Commissioner of UK (ICO). And they are supported by...
MasterCard is Looking for Twenty-Eight Crypto-Experts for Hiring
5.8.2019
MasterCard is focusing on building its own crypto team. Recently, it has posted job openings for 28 crypto experts for the same. The platform offers credit card, prepaid card & debit card payment services to its huge user-base. The new plan to create a crypto team will have its ‘blockchain...
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...
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
How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
14.7.2019
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion...
Top-6 Issues Experts/Entities Have With Libra
11.7.2019
Libra faces intense scrutiny as lawmakers and industry experts highlight its potential risks
How 10 Countries Respond to Facebook’s Libra Cryptocurrency
11.7.2019
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank...
Fed Chair Says Facebook Needs to Satisfy Regulatory Concerns Regarding Libra
10.7.2019
The chair of the Federal Reserve said Facebook needs to address a number of concerns thoroughly and carefully before it can move forward with Libra
Facebook Says It Won’t Launch Crypto in India Due to Regulatory Issues
10.7.2019
Facebook reportedly said that current regulatory restrictions mean it has "no plans" to launch its digital wallet service and crypto in India
Facebook’s David Marcus Assures Congress That Libra Will Cooperate
10.7.2019
Facebook’s David Marcus has written a letter to Maxine Waters and other members of the House Financial Services Committee to address concerns surrounding Libra
Central Bank Executives Of Europe Demand Rapid Regulatory Action For Facebook’s Libra
8.7.2019
Facebook’s ambitious and much-talked-about cryptocurrency Libra never fails to keep the crypto community abuzz. Whether it is about its whitepaper release or regulatory concerns, Libra is almost always in the news. The latest update doing the rounds, as reported by Bloomberg on 7th July 2019,...
ZenGo Launches Keyless And Non-Custodial Competitor To Calibra Wallet
4.7.2019
Ever since Facebook has announced its cryptocurrency project Libra, there are always new exciting developments and updates coming to the surface. The latest being ZenGo introducing the very first non-custodial keyless wallet for Libra (testnet). And what’s astonishing is that the company...
Facebook’s David Marcus Addresses Libra Trust Issues
4.7.2019
Facebook’s David Marcus addressed trust concerns surrounding the Libra cryptocurrency in a recent post
Facebook’s David Marcus: Libra Crypto Users Won’t Have to Trust Us
3.7.2019
In a note published Wednesday, Facebook blockchain lead David Marcus pushed back against calls to stop Libra's development
ZenGo Demonstrates Proof-Of-Concept of a Keyless Wallet for Facebook’s Libra
2.7.2019
ZenGo publishes its open source project, which purports to provide proof-of-concept that its keyless wallet product can support Facebook’s Libra
Facebook’s Inches Towards Global Regulatory Compliance, Applies for New York BitLicense
1.7.2019
If the project is to be truly global, Facebook may need “literally hundreds, perhaps thousands, of licenses from hundreds of different regulators,” said Sean Park
Goldman Sachs ‘Looking at Potential’ of Creating Virtual Currency, CEO Reveals
28.6.2019
Goldman Sachs is performing “extensive research” on tokenization, chief executive David Solomon has revealed
US House Of Representatives Expresses Doubts On Facebook’s Libra Project
28.6.2019
The ambitious cryptocurrency project of Facebook, Libra immediately got surrounded by questions on privacy soon after it disclosed its plan to launch. The director of FinCEN, Kenneth Blanco, questioned about the potential usage of Libra in money laundering, criminal financing, and other unlawful...
Buried in Facebook’s Libra White Paper, a Digital Identity Bombshell
26.6.2019
Buried in Facebook’s Libra white paper are two sentences hinting the project's ambitions go even further than minting a global currency
Facebook Seeking Crypto Wallet Data Engineer, Regulatory Policy Expert
24.6.2019
Facebook is seeking a data professional to work on its crypto wallet Calibra, as well as a policy specialist to help with regulatory hurdles