House Financial Services Committee Chairwoman, Maxine Waters has suggested that Facebook Inc. should cease the Libra project until the company manages to address the present loopholes in its social media business. No Launch of Token Without Sign-off the US Regulators Waters further brought forth Facebook’s misappropriation of user’s personal data, hinting towards its role in
House Financial Services Committee Chairwoman, Maxine Waters has suggested that Facebook Inc. should cease the Libra project until the company manages to address the present loopholes in its social media business. No Launch of Token Without Sign-off the US Regulators Waters further brought forth Facebook’s misappropriation of user’s personal data, hinting towards its role in
The EU antitrust chief is all set to scrutinize Facebook Inc.’s plan as Libra could possibly lead to the creation of an entirely separate economy. Non- Users Will Be At A Potential Disadvantage Per a recent Bloomberg report, the European Union antitrust- chief in an interview with Denmark’s finance industry union, Finansforbundet said that the
The EU antitrust chief is all set to scrutinize Facebook Inc.’s plan as Libra could possibly lead to the creation of an entirely separate economy. Non- Users Will Be At A Potential Disadvantage Per a recent Bloomberg report, the European Union antitrust- chief in an interview with Denmark’s finance industry union, Finansforbundet said that the
So far there has been a lot of criticism around Facebook’s Libra – but this has nowhere affected the popularity of its new stable coin. The latest report states that Facebook might soon have its shop setup of Libra Association in Geneva, Switzerland. Facebook Plans To Open Geneva-Based Libra Association As always, Switzerland is again
So far there has been a lot of criticism around Facebook’s Libra – but this has nowhere affected the popularity of its new stable coin. The latest report states that Facebook might soon have its shop setup of Libra Association in Geneva, Switzerland. Facebook Plans To Open Geneva-Based Libra Association As always, Switzerland is again
Facebook’s crypto has become the center of attention since it announced Libra whitepaper. The latest report reveals that U.S House of Representatives Financial Services Committee, Maxine Waters seeks Facebook to halt development of Libra crypto network until a hearing can be held. Stop Libra Coin Right Now – US Representative Addressing Facebook’s Libra Facebook’s Libra
Facebook’s crypto has become the center of attention since it announced Libra whitepaper. The latest report reveals that U.S House of Representatives Financial Services Committee, Maxine Waters seeks Facebook to halt development of Libra crypto network until a hearing can be held. Stop Libra Coin Right Now – US Representative Addressing Facebook’s Libra Facebook’s Libra
Libra coin by Facebook is becoming a major concern in a few countries where regulations around crypto are still uncertain. One such country is India where the regulators are considering cryptocurrency as Ponzi scheme and eventually deciding to impose a complete ban. Facebook’s Crypto May Not be Available in India However, the announcement of Libra
Libra coin by Facebook is becoming a major concern in a few countries where regulations around crypto are still uncertain. One such country is India where the regulators are considering cryptocurrency as Ponzi scheme and eventually deciding to impose a complete ban. Facebook’s Crypto May Not be Available in India However, the announcement of Libra
Since the announcement of Facebook’s Libra Coin rolled out, regulations around it become the center point to discuss. However, the community has mixed statements on how well Facebook can align with the regulatory standards – in fact, whether or not regulatory bodies will actually accept the way Facebook intends to launch it for billions of
Since the announcement of Facebook’s Libra Coin rolled out, regulations around it become the center point to discuss. However, the community has mixed statements on how well Facebook can align with the regulatory standards – in fact, whether or not regulatory bodies will actually accept the way Facebook intends to launch it for billions of
And a long-awaited whitepaper of Facebook’s crypto is out on June 18, 2019, as scheduled. As per the whitepaper released, the cryptocurrency of Facebook will be called as ‘Libra’ and the coin will roll out in the first half of 2020. Facebook Launches Libra Coin Whitepaper According to the whitepaper, Libra coin will be built
And a long-awaited whitepaper of Facebook’s crypto is out on June 18, 2019, as scheduled. As per the whitepaper released, the cryptocurrency of Facebook will be called as ‘Libra’ and the coin will roll out in the first half of 2020. Facebook Launches Libra Coin Whitepaper According to the whitepaper, Libra coin will be built
Social media giant Facebook has launched the whitepaper of its own cryptocurrency i.e on June 18, 2019. While crypto Twitter is excitedly waiting for the specification of Facebook’s cryptocurrency in its whitepaper, famous economist Nouriel Roubini says it is nothing but a monopoly scam. GlobalCoin is a Monopoly Scam, Statement Ahead of Whitepaper’s Launch Nouriel
Social media giant Facebook has launched the whitepaper of its own cryptocurrency i.e on June 18, 2019. While crypto Twitter is excitedly waiting for the specification of Facebook’s cryptocurrency in its whitepaper, famous economist Nouriel Roubini says it is nothing but a monopoly scam. GlobalCoin is a Monopoly Scam, Statement Ahead of Whitepaper’s Launch Nouriel
If one goes on to study the Innovations that have transpired out an of various tech giants over the last decade, Facebook definitely would site in the top quartile of the list. Not so long ago the worlds most widely used social network was just a Harvard student’s dorm room hack. And the journey that
If one goes on to study the Innovations that have transpired out an of various tech giants over the last decade, Facebook definitely would site in the top quartile of the list. Not so long ago the worlds most widely used social network was just a Harvard student’s dorm room hack. And the journey that
Reportedly, Facebook will finally make a declaration on its secretive cryptocurrency project with a Whitepaper launch on 18th June 2018. Laura McCracken, Head of Financial Services & Payment Partnerships Northern Europe at Facebook confirmed with the WirtschaftsWoche at a conference in Amsterdam, “The publication of the Facebook Coin whitepaper is scheduled for June 18th.” McCracken also talked
Reportedly, Facebook will finally make a declaration on its secretive cryptocurrency project with a Whitepaper launch on 18th June 2018. Laura McCracken, Head of Financial Services & Payment Partnerships Northern Europe at Facebook confirmed with the WirtschaftsWoche at a conference in Amsterdam, “The publication of the Facebook Coin whitepaper is scheduled for June 18th.” McCracken also talked
Stablecoins are potentially one of the most popular use cases of blockchain technology after ‘utility coins.’ Utility tokens are primarily created out of thin air or mined by spending electricity or value, whereas A ‘real world’ asset backs Stablecoins. The US Dollar backs the most popular stablecoins. At the initial stage, the stablecoins were introduced
Stablecoins are potentially one of the most popular use cases of blockchain technology after ‘utility coins.’ Utility tokens are primarily created out of thin air or mined by spending electricity or value, whereas A ‘real world’ asset backs Stablecoins. The US Dollar backs the most popular stablecoins. At the initial stage, the stablecoins were introduced
Facebook’s own currency,‘Globalcoin’ is trending on Google trend as the social media giant took yet another step to launch its coin in compliance with regulatory frameworks. Reports revealed that Facebook is in talks with US regulator over its Global coin digital currency. Facebook Assessing GlobalCoin’s Future The Commodity Futures Trading Commission (CFTC), a U.S. derivative
Facebook’s own currency,‘Globalcoin’ is trending on Google trend as the social media giant took yet another step to launch its coin in compliance with regulatory frameworks. Reports revealed that Facebook is in talks with US regulator over its Global coin digital currency. Facebook Assessing GlobalCoin’s Future The Commodity Futures Trading Commission (CFTC), a U.S. derivative
Bitcoin [BTC]’s dominance over the cryptocurrency markets cannot be ignored. Moreover, the price movements on Bitcoin [BTC] controls the sentiments of the entire market. Nevertheless, there are a plethora of cryptocurrencies in the market with Facebook’s ‘Globalcoin’ reportedly, lining up for next year well. Mike Novogratz, a Bitcoin ‘permabul’ and investor, feels that Facebook’s cryptocurrency
Bitcoin [BTC]’s dominance over the cryptocurrency markets cannot be ignored. Moreover, the price movements on Bitcoin [BTC] controls the sentiments of the entire market. Nevertheless, there are a plethora of cryptocurrencies in the market with Facebook’s ‘Globalcoin’ reportedly, lining up for next year well. Mike Novogratz, a Bitcoin ‘permabul’ and investor, feels that Facebook’s cryptocurrency
Facebook has been highly secretive about its recent endeavor with cryptocurrency and blockchain. A more transparent approach could raise speculations in the market. Moreover, the regulations around cryptocurrency and payments have been unclear as well. Recently, the U.S. Senate Banking Committee sent an open letter to Founder Mark Zuckerberg, demanding the details about its cryptocurrency
Facebook has been highly secretive about its recent endeavor with cryptocurrency and blockchain. A more transparent approach could raise speculations in the market. Moreover, the regulations around cryptocurrency and payments have been unclear as well. Recently, the U.S. Senate Banking Committee sent an open letter to Founder Mark Zuckerberg, demanding the details about its cryptocurrency
Besides the king of Social media world, Facebook is on its race to hit the crypto market as well but this becomes a serious concern for US Senator. The U.S. Senate Banking Committee released an open letter, demanding Facebook to detail about its crypto-oriented Libra project. Facebook’s earlier privacy breach comes as the first concern
Besides the king of Social media world, Facebook is on its race to hit the crypto market as well but this becomes a serious concern for US Senator. The U.S. Senate Banking Committee released an open letter, demanding Facebook to detail about its crypto-oriented Libra project. Facebook’s earlier privacy breach comes as the first concern
Facebook had called for a ban on cryptocurrency related ads in January 2018 over the growing concerns over ICOs and Ponzi schemes in the wake of a bubble like characteristics in the cryptocurrency markets. However, since then the social media giant has changed its stance considerably as it is planning to release its own Facebook
Facebook had called for a ban on cryptocurrency related ads in January 2018 over the growing concerns over ICOs and Ponzi schemes in the wake of a bubble like characteristics in the cryptocurrency markets. However, since then the social media giant has changed its stance considerably as it is planning to release its own Facebook
The primary USP of Bitcoin and cryptocurrencies is their ability to act independently on an automated system. The degree of control on the ledger varies between cryptocurrencies, but the idea of a transparent public blockchain is shared between platforms. Spencer Bogart, General Partner at Blockchain Capital, in a recent with Bloomberg reiterated this fact and
The primary USP of Bitcoin and cryptocurrencies is their ability to act independently on an automated system. The degree of control on the ledger varies between cryptocurrencies, but the idea of a transparent public blockchain is shared between platforms. Spencer Bogart, General Partner at Blockchain Capital, in a recent with Bloomberg reiterated this fact and
Wei Zhou, the CFO of Binance Exchange recently expressed serious concerns about the anticipated ‘Facebook coin.’ Apart from raising centralization doubts, Zhou, the former classmate of Mark Zuckerberg raised questions on the vision of the Social Media Giant as well. According to him, cryptocurrency and blockchain should be aimed at providing “an open system”, whereas
Wei Zhou, the CFO of Binance Exchange recently expressed serious concerns about the anticipated ‘Facebook coin.’ Apart from raising centralization doubts, Zhou, the former classmate of Mark Zuckerberg raised questions on the vision of the Social Media Giant as well. According to him, cryptocurrency and blockchain should be aimed at providing “an open system”, whereas
Samsung, the South-Korean mobile and technology Giant, had made the news in the beginning of the year with the launch of the blockchain and cryptocurrency wallets in its new flagship phone Galaxy S10. The cryptocurrency wallet on Galaxy s10 currently supports only limited cryptocurrencies which include Ethereum and ERC20 based tokens. Recently, it announced two
Samsung, the South-Korean mobile and technology Giant, had made the news in the beginning of the year with the launch of the blockchain and cryptocurrency wallets in its new flagship phone Galaxy S10. The cryptocurrency wallet on Galaxy s10 currently supports only limited cryptocurrencies which include Ethereum and ERC20 based tokens. Recently, it announced two
The adaption and progress of Blockchain and cryptocurrencies have gained considerable momentum now which increases the responsibility of Global Organizations like the International Monetary Fund (IMF) to maintain the stability in world economics. The potential of Blockchain and cryptocurrencies goes beyond the capabilities of Bitcoin. Currently, the Regulators and Central bank face not a single threat in
The adaption and progress of Blockchain and cryptocurrencies have gained considerable momentum now which increases the responsibility of Global Organizations like the International Monetary Fund (IMF) to maintain the stability in world economics. The potential of Blockchain and cryptocurrencies goes beyond the capabilities of Bitcoin. Currently, the Regulators and Central bank face not a single threat in
