Business 16 November 2019

Weekly update: Important developments in cryptocurrency space

It’s been another productive week for the cryptocurrency space with activity and progress being shown across the globe.

Business 13 November 2019

Ex-Facebook Libra backer Mastercard comes clean, explains why it dropped out

With Facebook Libra not ready to be a part of a global financial network, Mastercard felt it needed to bow out of the project.

Business 12 November 2019

Dutch court orders Facebook to remove fake crypto ads

This past September, Dutch billionaire John de Mol made it clear that he wasn’t happy with his likeness being used to promote cryptocurrency.

Business 11 November 2019

Yet another Facebook scam targets aspiring crypto millionaires

The Facebook scam uses the image of Sir Alex Ferguson, assuring its investors of guaranteed returns for a small initial investment.

Business 7 November 2019

Facebook Libra meets fresh challenge from Australian regulators

The Libra Association may have to submit further details about how the asset will operate before Australian regulators will permit a rollout in the country.

Business 1 November 2019

Here’s how Facebook can utilize Bitcoin SV

A logical reason why Facebook’s Libra should have been launched on regulation-compliant, Bitcoin SV (BSV) blockchain.

Business 31 October 2019

Europe wants to ban Facebook Libra as German banks demand digital euro

The Libra will never launch, if Europe has its way. But German banks want some kind of state alternative.

Business 31 October 2019

Jack Dorsey declines Facebook Libra to back new crypto startup

The Twitter CEO is among investors to have participated in the $10 million funding round for CoinList, a firm which works with companies to advise on token issues.

Business 30 October 2019

Facebook Libra gets pounded amid attempts to boost support

Facebook executives are more determined than ever to see the Libra stablecoin participate in a global economic system.

Business 25 October 2019

Facebook Libra roundup: Twitter says no, Visa still interested

The chance of Facebook’s Libra stablecoin getting off the ground are not that great.. Dorsey’s response wasn’t just no, it was an emphatic “Hell no.”.

Business 24 October 2019

Mark Zuckerberg has tough time proving Libra viable on Capitol Hill

In the House Financial Services Committee hearing, the Facebook founder provided positive accolades for the Libra project in an attempt to win them over, but things ultimately didn’t go as well as he had planned.

Business 23 October 2019

Facebook Libra is walking a tightrope—what else is new?

Occupying the majority of regulators’ time in countries around the world, Facebook’s Libra stablecoin doesn’t appear to be getting any closer to finding a viable solution.