Visa is Still Interested in Developing Libra with Facebook
Alfred F. Kelly, the CEO of major payment processor Visa, has said that the company is still in discussions with Facebook on the Libra...
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Crypto News Point
- Oct 24, 2019
- 2 min
Libra Could Serve as Counter to Chinese Digital Currency, Says Zuckerberg
Mark Zuckerberg, CEO of Facebook testified before the United States House of Representatives Financial Services Committee today regarding...
Crypto News Point
- Oct 24, 2019
- 3 min
Tencent Says Libra Would Pose Serious Threat to Alipay and WeChat Pay
Tencent, the Chinese Internet Giant, and WeChat, parent of messaging app, said that the proposed launch of Facebook’s Libra...
Crypto News Point
- Oct 23, 2019
- 2 min
Zuckerberg: Facebook Will Not Launch Libra Without US Approval
Mark Zuckerberg, founder of social media giant Facebook, plans to tell the United States Congress that Libra will not be launched until...
Crypto News Point
- Oct 23, 2019
- 2 min
David Marcus Says China Will Create A Digital Currency If US Rejects Libra
David Marcus, the top Executive of Facebook on the Libra project, said that China will create a digital currency system that could be...
Crypto News Point
- Oct 17, 2019
- 3 min
Libra Forms Governing Council after Big-Name Departure
GENEVA — Twenty-one organizations have signed the Libra Association charter, days after a slew of high-profile defections from the...
Crypto News Point
- Oct 15, 2019
- 2 min
Steven Mnuchin Says Firms Left Libra Due to Compliance Issues
Steven Mnuchin, the United States Treasury Secretary, has attributed the recent spate of firms abandoning Facebook’s Libra stablecoin...
Crypto News Point
- Oct 12, 2019
- 2 min
Visa, Mastercard, eBay and Stripe to Follow PayPal in Quitting Facebook’s Libra Project
Mastercard, Visa, eBay – digital auction company, Stripe – payments firm and Mercado Pago have all pulled out of the Facebook-led Libra...
Crypto News Point
- Oct 12, 2019
- 1 min
Finco Services to Sue Trademark Infringement over Libra Logo Design
Finco Services of Delaware has initiated a lawsuit against Facebook in a New York court, on October 10, over the swirly tilde logo...
Crypto News Point
- Oct 11, 2019
- 2 min
The US Warns Visa and Mastercard to ‘Proceed With Caution’ Regarding Libra
The US lawmakers are pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as a consequence of...
Crypto News Point
- Oct 10, 2019
- 2 min
Mark Zuckerberg to Testify Before Congress Over Libra Crypto
Mark Zuckerberg, the CEO of Facebook, is going to defend the Libra cryptocurrency project before U.S. lawmakers later this month. It has...
Crypto News Point
- Oct 10, 2019
- 1 min
Bank of England to Set Out Rules For Libra Launch in the UK
The Bank of England (BoE) has finalized a set of principles that the Facebook-led Libra cryptocurrency project must adopt before going...
Crypto News Point
- Oct 9, 2019
- 2 min
OpenLibra To Create Permissionless Stablecoin Free of Corporate Control
Thirty different blockchain companies and nonprofit organizations plan to fork the Facebook-led Libra crypto project to build...
Crypto News Point
- Oct 9, 2019
- 1 min
Valdis Dombrovskis to Vow New Rules on Crypto, Libra Stablecoin
Valdis Dombrovskis, the European Union’s Financial Services Commissioner, said that he intends to create a new regulatory framework for...
Crypto News Point
- Oct 6, 2019
- 2 min
PayPal Withdraws From Facebook’s Libra Association
PayPal withdraws from Facebook led Libra Association. A PayPal spokesperson stated that PayPal “made the decision to forgo further...
Crypto News Point
- Oct 5, 2019
- 2 min
American Banks Sound Off Against Libra as Monetary Threat
Executives from some of the biggest American banks told the Federal Reserve that Facebook’s cryptocurrency Libra would pose a threat on...
Crypto News Point
- Oct 3, 2019
- 1 min
Swiss Regulator FINMA Will Not Disrupt Libra’s Development
The European observers are sending troubling signals towards the Facebook-led Libra cryptocurrency, Switzerland remains willing to...
Crypto News Point
- Oct 2, 2019
- 2 min
Facebook’s Libra to Create ‘Shadow Banking’ System
Facebook’s crypto project Libra is going to create a “shadow banking” system, according to the banks at the Federal Advisory Council...
Crypto News Point
- Sep 27, 2019
- 5 min
Facebook ‘Libra’ – What It Is All About? Review
Introduction ‘Libra’ is a cryptocurrency that has been announced by Facebook, the American social media company, in which users are going...
Crypto News Point
- Sep 24, 2019
- 1 min
Taiwanese crypto firm seeks membership in Libra Association
A Taiwan based crypto exchange MaiCoin wants to join Facebook’s Libra Association. On Aug 21st, Tapei Times reported that MaiCoin wants...
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