Tag: libra

Zuckerberg Throws The Towel On Diem

Meta has officially scrapped its cryptocurrency plans, after multiple attempts to launch the stablecoin Diem failed. https://twitter.com/DiemAssociation/status/1488270981718495233 Silvergate to acquire Diem’s assets In a press release on...

Hillary Clinton Wants Crypto Regulated To Stop Technological Manipulation

Former State Secretary Hillary Clinton said that new technological regulation is needed, which includes cryptocurrency regulation. More tech regulation needed In an interview with Hillary Clinton,...

Elizabeth Warren Calls For Immediate Termination Of Facebook’s Novi Wallet

A group of US senators led by Elizabeth Warren has sent a letter to Mark Zuckerberg, urging him to immediately close down the Novi...

PayPal Might Finally Join The Crypto Industry

PayPal has made a move that will allow it to facilitate crypto trading. The payments giant teamed up with Paxos, and will use...

The Libra Association Appoints New General Counsel

After Facebook announced the launching of its own token back in 2019, regulators worldwide began raising concerns about what could have been one of...

Australia In Works To Develop Regulatory Framework For Stablecoins

The Libra Coin has had plenty of issues throughout the past year. Since the moment it was announced, financial institutions and governments raised its...

Facebook Bets On Online Payment Solutions Regardless Of Libra’s Troubled Path

Getting people on board to support Libra has not been an easy task for Mark Zuckerberg, CEO of Facebook. Regulators in the U.S. and...

IBM Study Shows Central Banks Will Begin Issuing Digital Currencies In...

According to a report conducted by IBM and the Official Monetary and Financial Institutions Forum (OMFIF), central banks are aware of the importance digital...

Facebook Won’t Launch Libra Until It Gets US Approval

Getting people on board to support Libra has not been an easy task for Mark Zuckerberg, CEO of Facebook. Regulators in the U.S. and...

Facebook’s Libra Coin Loses The Support Of Four Companies

Facebook seems to be running out of supporters after the intense backlash it received from governments and regulators. The Libra Coin could be in...
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