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Libra

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Bitcoin 01/07/20 01:05 by Brenda Ngari
Promising Sign: Almost 2 Million People In UK Currently Own Bitcoin And Other Cryptocurrencies
The lackluster prices have not ruined the resolve of cryptocurrency investors in the United Kingdom. A new study commissioned by the UK’s Financial Conduct Authority (FCA) has found that almost 2 m...
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Crypto 27/05/20 14:23 by Priyeshu Garg
Facebook’s Calibra Wallet Rebrands to Novi
Calibra, the digital wallet Facebook designed to be used with its cryptocurrency Libra, has now been renamed to “Novi.” The company established a new subsidiary, Novi Financial, that will be taske...
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Other 07/05/20 06:21 by Brenda Ngari
Libra Association Appoints Former Obama Under Secretary As Its First CEO
Facebook-led Libra Association announced on Wednesday the appointment of Stuart Levey as its CEO. Levey served as Obama’s Under Secretary for Terrorism and Financial Intelligence and will now be jo...
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Other 28/04/20 20:16 by Brenda Ngari
British Payments Firm Checkout.com Joins Facebook’s Libra Currency Association
Digital payments processor Checkout.com has become the latest high-profile company to join the Libra Association. Announced on Tuesday, the London-headquartered firm is now part of the digital cur...
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Bitcoin 22/04/20 22:11 by Jeff Fawkes
Bitcoin is “a Pain in the Butt to Use” – David Gerard
The author of the book ‘Attack of the 50-Foot Blockchain’ David Gerard shares his opinions on crypto. People with strong positive expectations might receive a slight shock. The Journalist...
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Altcoins 18/04/20 09:00 by Nick Chong
Crypto Tidbits: Bitcoin Retakes $7,000, China’s CBDC Is Here, Wall Street Wants BTC & Ethereum
Another week, another round of Crypto Tidbits. After falling as low as $6,500 this week, Bitcoin mounted a strong comeback over the past two days, rallying as high as $7,200 as bulls have taken over....
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Crypto 17/04/20 08:18 by Jeff Fawkes
Facebook’s Libra Will Now Scale to Develop Several Stablecoins
Libra will create several stablecoins until the end of 2020. This time – with government approval. The stablecoin will be backed by several government currencies. Also, there will be local curr...
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Crypto 13/12/19 19:00 by Tony Spilotro
Stablecoins Could Be Crypto’s True Killer App
During the crypto hype bubble and Bitcoin’s meteoric rise, speculation ran wild due to the incredible potential the emerging technology could bring to the world, if only the technology could find it...
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Bitcoin 10/12/19 18:00 by Thomas Delahunty
Bitcoin Not Threatened by Cryptocurrency Launched by Laureate-Advised Firm
Amidst regulatory uncertainty, U.K.-based Saga hopes to introduce a global digital currency that lawmakers and consumers alike find agreeable. The “stablecoin” (think Tether) is pegged to ...
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Crypto 10/12/19 15:53 by Anatol Antonovici
Nobel Winner-Backed Saga Launches Libra-Like Global Coin
London-based blockchain firm Saga announced the launch of its Saga token (SGA). The digital unit represents a global currency that complies with regulators’ requirements. Saga Advised by Nobel Priz...
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Bitcoin 10/12/19 08:51 by Brenda Ngari
Usurping Bitcoin: China Partners With Telecom Giants Like Huawei To Test-Launch Digital Currency In Two Major Cities
China has been actively developing a national digital currency since 2014. In August this year, the People’s Bank of China (PBoC) announced that it was developing a digital Yuan. Now, it seems the ...
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Crypto 09/12/19 16:45 by Osato Avan-Nomayo
BigTech Cryptocurrencies Pose Risk to Global Financial Stability: FSB
The Financial Stability Board (FSB) says government and regulators should closely monitor the emerging trend of BigTech companies entering the crypto payments and digital money transmission markets. ...
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Other 07/12/19 03:00 by Thomas Delahunty
Central Banks Issuing Digital Currency Could Be a Bluff; Here’s How
Going by recent headlines, it appears as though central banks around the world are planning to or in the process of creating their own digital currencies. The coins, by their disruptive nature, are bo...
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Other 06/12/19 18:40 by Graham Smith
EU Finance Ministers Place Defacto Ban on Libra
Libra’s ongoing organizational snags and run-ins with regulators continue into December, as EU finance ministers agreed Thursday that Libra cannot be launched in the EU until concerns are adequa...
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Crypto 28/11/19 16:53 by Livine Sanchez
One Step Before Libra: $30M Backed Project to Launch First of a Kind Global Cryptocurrency
The introduction of the world to cryptocurrencies through Bitcoin a decade ago seemed like an almost unnoticeable blip on the radar of the budding fintech industry. The movement toward digital financ...
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Crypto 26/11/19 15:15 by News Desk
Crypto Market Trades In Narrow Range – Extreme Volatility Ahead?
For the second year in a row, cryptocurrencies underperform during the past few months of the year, even though seasonality had been favorable for the past few years. The first half of 2019 had been ...
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Other 25/11/19 10:12 by Graham Smith
Libra Testnet Fails to Impress as New Legislation Looms
A November 15 blog post by Libra project developers detailing testnet developments has apparently failed to impress government regulators and influential voices in the space alike. CEO of blockchain c...
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Bitcoin 21/11/19 00:55 by Kevin Helms
Paypal CEO Admits He Owns Bitcoin
The CEO of Paypal, Daniel Schulman, has revealed in an interview that he personally owns bitcoin. He also talked about Paypal’s plans regarding cryptocurrency, how to achieve mass adoption, and ...
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Crypto 19/11/19 01:30 by Kevin Helms
US to Strictly Enforce Crypto Rules Similar to FATF Guidelines
The U.S. government will strictly enforce the rules on cryptocurrencies similar to the standards recommended by the Financial Action Task Force (FATF). The Financial Crimes Enforcement Network has rea...
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