As Regulators Stonewall Libra, Facebook Rolls Out New Payment System
Seemingly sidelining Libra for the time being, Facebook launches new fiat payment system Go to Source Powered by WPeMatico
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Dutch Court Orders Facebook to Remove Fake Bitcoin Ads
A Dutch court ruled that Facebook must pull fake BTC investments ads exploiting John de Mol’s image Go to Source Powered by WPeMatico
Crypto News From the German-Speaking World: Nov. 3-10
Cointelegraph auf Deutsch presents a weekly digest of developments from the German-speaking world Go to Source Powered by WPeMatico
Fed Must Launch FedNow Ahead of Facebook’s Libra, Says Gov’t Official
The Federal Reserve should urgently launch its own real-time payments system ahead of Facebook and Wall Street, says FTC Commissioner Go to Source Powered by WPeMatico
David Marcus Says Calibra Is Considering Audits to Prove Data Protections
David Marcus said that Facebook and Calibra have built strong protections from one another in regard to personal data sharing, and is seeking an auditor to prove it Go to Source Powered by WPeMatico
EU Reaffirms Potential Move to Block Facebook’s Cryptocurrency
The European Union will impede the development of Libra if it judges the project to pose excessive risks Go to Source Powered by WPeMatico
Facebook’s Calibra Exec: Libra Is More Like Email Than PayPal
Libra is an interoperable protocol like email, not a payment service like PayPal, Calibra’s VP of product says Go to Source Powered by WPeMatico
23 Central Banks Divulge Their Digital Currency Requirements
Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their greatest concerns about implementing them. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain The First … Read more
Why Libra Isn’t Ready and Congress Not Buying Zuckerberg’s Testimony
Facebook should stop pretending it has no control over the Libra Association, accept it, and move on Go to Source Powered by WPeMatico
Five European Union Countries Team Up to Block Libra: Report
France, Germany, Italy, Spain and the Netherlands have teamed up to encourage the European Union to ban Libra altogether, a new report says Go to Source Powered by WPeMatico