France Says It’ll Block Facebook’s Libra Development in Europe: Report
France says it will block the development of Facebook’s Libra cryptocurrency in Europe Go to Source Powered by WPeMatico
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Switzerland Open to International Cooperation on Libra, Says Watchdog
FINMA director Mark Branson has rebuffed the notion that Facebook’s choice of Switzerland for the Libra Association HQ was a matter of regulatory arbitrage Go to Source Powered by WPeMatico
3 Key Takeaways From Switzerland’s New Stablecoin Guidelines
Switzerland’s financial watchdog issues new stablecoin guidelines, outlines its requirements for the Libra Association’s proposed stablecoin payments network Go to Source Powered by WPeMatico
Libra Association Seeks Swiss Payments License for Facebook’s Crypto
The organization tasked with governing Facebook’s planned stablecoin network has revealed it is applying for a payment system license with Switzerland’s financial watchdog Go to Source Powered by WPeMatico
Startup Finds and Patches Vulnerability in Code for Facebook’s Libra
Developers working for startup OpenZeppelin found and patched a vulnerability in the open-source code of Facebook’s Libra Go to Source Powered by WPeMatico
Digital Currency Scam Site Warning: UpLibra
The Libra digital currency project has gotten a lot of attention. While there is still no regulatory approval or official launch date, Facebook continues to make headlines with it. It now appears there is a potential scam making the rounds called UpLibra. It claims there is an airdrop underway, even though this currency does not … Read more
Libra Must Comply with Anti-Money Laundering Standards: US Treasury
Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering and terrorism financing norms, according to a United States Treasury official Go to Source Powered by WPeMatico
Total Surveillance Coin Will Be a Dystopia if Controlled by Facebook or Government
Digital currency provides unprecedented abilities to spy on and control what people do, and having that power in the hands of a few people is very dangerous. The Big Tech monopolies of Silicon Valley are building a future where your every action is monitored, and giving Facebook control over what you can and can’t do … Read more
Report: Libra Stablecoin Tied to Major Currencies, Maybe Not Yuan
Facebook has reportedly provided the U.S. Senate with details regarding the backing reserves for its Libra stablecoin Go to Source Powered by WPeMatico
Former US Congressman Calls for Nuanced Cryptocurrency Regulations
Former congressman Harold J. Ford says that lawmakers and regulators should develop clear regulations for digital currencies Go to Source Powered by WPeMatico
