Facebook Libra backers having second thoughts as roadmap published
When Facebook first started talking about introducing a stablecoin, it spent copious amounts of time drumming up support from worldwide, established financial companies.
When Facebook first started talking about introducing a stablecoin, it spent copious amounts of time drumming up support from worldwide, established financial companies.
The Money Button founder has taken the necessary steps to solve the privacy by announcing four new extensions to Paymail, an identity protocol for Bitcoin SV.
Libra Association director wants you to know that the project doesn’t seek to overhaul the existing system. Rather, it aims to enhance it.
Founder and CEO Mark Zuckerberg said Facebook would “work through” the regulatory challenges before proceeding with the launch of Libra.
Dave Marcus has explained the reasoning behind Facebook’s choice to develop Libra on blockchain instead of traditional banking systems.
Facebook’s plans for Libra have been met with a further setback today, after the central bank of Japan called for “global cooperation” in regulating the stablecoin.
The currency will be backed by several fiat currencies from different parts of the world, but adds that there won’t be any support for China’s yuan.
Reuters learned Facebook had met with the Bank of England, the Treasury and regulatory officials before going public with its planned launch.
Facebook Libra’s prospects in the European Union were dealt another blow today with the unveiling of Germany’s new comprehensive blockchain strategy.
David Marcus feels that Libra would not be a threat to any nation’s sovereignty, but many have not yet been convinced that this is true.
Germany is the latest to take a firm stance against the Facebook's digital currency and this is going to have serious implications on Libra’s future.
In an interview with CoinGeek’s Becky Liggero, Ryan X. Charles explained how cryptos are changing the lives of millions in Latin America.