Some of Facebook’s Libra Members Look to Distance Themselves from Project

Some of Facebook’s Libra Members Look to Distance Themselves from Project                               U.S. lawmakers have been skeptical about Facebook and the libra coin and some of the Libra Association look to distance themselves from the project.Ever since its announcement in mid-June 2019, the libra coin has been dealing with pressure from the public and U.S. […]

Japan’s leading online brokerage applies to join Facebook’s Libra Association

Japan’s leading online brokerage applies to join Facebook’s Libra Association                                   At the FYE March 2020 Q1 results briefing held on July 26, Oki Matsumoto, CEO of Monex Group, Japan’s leading online brokerage, which owns Coincheck, Japan’s largest cryptocurrency exchange, announced that it had applied to join the Libra Association, an association set up for […]

Libra Accused of Stealing Structural Design from Another Coin

Libra Accused of Stealing Structural Design from Another Coin                                A Fellow at MIT claims that Facebook’s Libra currency is based on his ideas.  Did Libra Take Its Structure from Another Coin? The Royal Society’s Open Science publication released a whitepaper in 2018. It was written by several members of MIT, one of which was […]

Facebook should forget Libra launch stablecoin on Bitcoin SV

Facebook should forget Libra, launch stablecoin on Bitcoin SV                                               I think Facebook is realizing the obvious, its Libra stablecoin project is never going to properly get off the ground. Several countries have already come forward to say that they will completely ban the digital currency, […]

Senate hostile towards Libra Facebook suggests regulators must act or risk losing US dollar dominance to Bitcoin

Senate hostile towards Libra, Facebook suggests regulators must act or risk losing US dollar dominance to Bitcoin                                   The focus of the hearing between Facebook’s David Marcus and the Senate on the Libra cryptocurrency was trust —or the lack thereof. Marcus, the head of Calibra, strongly suggested that if the U.S. doesn’t act […]

Facebook Reportedly in Talks With Crypto Exchanges to List New Coin

Facebook Reportedly in Talks With Crypto Exchanges to List New Coin                                   New reports suggest Facebook’s rumored stablecoin project is making significant headway. Anonymous sources reportedly close to the project have revealed the social media titan has approached a number of crypto exchanges to list its coin. Facebook’s Crypto Token to Roll Out […]