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The moment Facebook released the whitepaper for its planned Libra coin, social media was flooded with claims about Zuckerberg’s new drive to take over the cryptocurrency market, with some even calling it a Bitcoin killer. However, looking at the actual details of the plan, it has little to do with cryptocurrency and is in fact […]
The post Facebook Is a Threat to Governments Not Crypto appeared first on Bitcoin News.
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Jerome Powell, the head of the United States Federal Reserve, has said that he recognizes both potential benefits and risks to Facebook’s recently-unveiled Libra project
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The Banking Committee of the United States Senate has set a hearing on Facebook’s new cryptocurrency for July
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It would appear Facebook’s venture into the world of digital money may hit a roadblock before it is even launched. The Libra project, which is not a cryptocurrency by any stretch of the imagination, has not received official approval by the US Congress. As such, a thorough review seems to be in order, as that could highlight some potential drawbacks which remain hidden right now. Libra is in the hot Seat Not too many people should be surprised to learn Facebook’s digital money project is creating quite a stir. The Libra currency, while often falsely labeled as a cryptocurrency, will
The post US Lawmaker Questions Facebook’s Real Intentions With Libra appeared first on The Merkle Hash.
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Facebook’s Calibra digital wallet will not be available in some of the social network’s largest markets, including India, according to a report
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Social media giant Facebook has released the technical specs for its long-awaited cryptocurrency, dubbed Libra
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Traditional venture capital investors seem to think that the field of crypto reporting apps is appealing. Cryptocurrency tax and accounting software development startup Libra has raised an extra $15 million in its Series B funding round. Also Read: Opera Browser Opens Its Built-in Cryptocurrency Wallet to Desktop Users $24.8 Million in Funding for Crypto Tax […]
The post Crypto Tax and Accounting Software Libra Raises $15M in Series B Funding appeared first on Bitcoin News.
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Binance Labs, the investment wing of the leading cryptocurrency exchange, Binance, has announced that it has invested in Libra Credit – “a decentralized digital asset financial services platform.” The partnership will allow holders of Binance’s native token, Binance Coin (BNB), to use their BNB as collateral for loans in crypto of fiat currency. Also Read: Pantera […]
The post Binance Labs Announces Partnership With Libra Credit appeared first on Bitcoin News.
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