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One More Time About Libra: Future Money or Another Unsuccessful Project?
Forecasts   |   13.08.19  |  

... spoke to several experts asking if they believe in its success Five years ago, crypto enthusiasts were the object of ridicule. Nowadays, only the announcement of the launch of another coin makes politicians nervous. Below are reflections on whether Facebook’s payment tool can affect the future position of credit institutions and payment systems. If you are somehow unaware: what is Libra project Libra is Facebook’s internal currency, which is currently planned for launch and will be used for ...

The Impact of the Libra Announcement on the Crypto Space
Guest-posts   |   12.07.19  |  

Almost four weeks after the Libra announcement the buzz has died down and a more rational assessment can be made. Giuseppe Gori expresses his stance on the project of Facebook Almost four weeks after the Libra announcement the buzz has died down and a more rational assessment can be made. I am commenting on this because, just like with Hyperledger or Stellar, the Libra Association includes big players, notably ...

Japanese FSA Sees No Barriers In Approving Facebook Libra
Legislation   |   02.07.19  |  

According to the regulator, Libra "most likely will not be a cryptographic asset (virtual currency)" The leading financial authority in Japan said that the Facebook Libra project is likely to be approved. The Nikkei agency reports that the FSA sees no legal obstacles since it does not technically consider Libra to be a cryptocurrency. According to the regulator, Libra "is likely not to be a cryptographic ...

TOP-5 Forecasts on Libra Impact on Decentralised Finance (DeFi) Industry
Forecasts   |   02.07.19  |  

At least until today, the Facebook announcement to launch their own cryptocurrency is the most discussed event in the crypto community in 2019. How will it impact the industry? At least until today, the Facebook announcement to launch their own cryptocurrency Libra is the most ...

Bruno Le Maire Demands Guarantees From Facebook Libra
Legislation   |   19.06.19  |  

... specifically “the guarantee that this instrument of transaction can not be diverted to finance terrorism or any other illegal activity." Le Maire also asked the governors of the G7 central banks to report what guarantees are to be obtained from Facebook: “We have to make sure that there is no risk for the consumer, it is our role as a state to protect consumers. [...] It will allow Facebook to accumulate millions and millions of data again, which strengthens me in my belief that it is necessary ...

WSJ: Visa, MasterCard, PayPal and Uber Will Support Facebook’s Crypto Project
Innovations   |   14.06.19  |  

The Wall Street Journal reports that the project has attracted several rather high-profile brands to support future cryptocurrency codenamed Project Libra New details about Facebook cryptocurrency have emerged. The Wall Street Journal reports that the project has attracted several high-profile brands to support future cryptocurrency, codenamed Project Libra. These companies include Visa, MasterCard, PayPal and Uber, and ...

Media: Facebook To Announce Own Cryptocurrency This Month
Innovations   |   06.06.19  |  

The launch of cryptocurrency can help the company to diversify revenue, which today largely depends on the sale of advertising Facebook is ready to announce the launch of its own cryptocurrency this month. Employees working on the project will be able to receive salaries in the form of a new currency, as is reported by The Information . About a year ago, the company appointed ...

Facebook ‘Acquihires’ Chainspace Blockchain Startup
Innovations   |   05.02.19  |  

According to the source of Cheddar, a small blockchain startup appeared to be of interest for Facebook, primarily due to the skills and experience of its employees According to Cheddar , Facebook has reportedly made a deal with a blockchain startup Chainspace on February 4. The source said that Facebook was interested in a small startup primarily ...

BREAKING: Facebook and WhatsApp join the stablecoin mania
Innovations   |   21.12.18  |  

According to the report, the most popular social network is developing a new cryptocurrency optimized for mobile payments. According to a recent Bloomberg report , Facebook decided to join the stablecoin mania. The report says the most popular social network is developing a new cryptocurrency optimized for WhatsApp, the mobile application. The new crypto by Facebook is planned to be a US dollar-backed stablecoin,...

How to Make the Blockchain Real Deal
Forecasts   |   14.09.18  |  

... We got a couple of articles from our buddies at BitNewsToday. The first one we got is 'DLT, how to make money on Freedom of Speech'. Charlie: This is so important because of the fact, for instance, social media that dominates everything is of course Facebook, but Facebook has been censoring a lot of content lately. I mean we've all known about the big news, the Alex Jones controversies and everything else. But what people are saying, "We have to have a decentralized method of being able to ...


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