France decided to create a G7 taskforce in order to examine the ways how central banks can regulate Facebook’s Libra.
Ripple’s Garlinghouse told Fortune’s Brainstorm Finance conference that the entry of Facebook’s Libra into the crypto scene does not worry him since it is a boon for the general crypto market, and XRP in particular.
Western Union CEO is sure: digital currencies and the blockchain have great potential of acting as a processing system for payments, however, he claims that sending money with Ripple is 5-times more expensive than Western Union.
Facebook’s Libra Coin launch is giving jitters to Australian Banks who see the emergence of the Libra as a potential threat to the banking model.
Facebook’s awaited cryptocurrency Libra may not be launched in India, as the country’s current regulations do not permit cryptocurrency transactions.
If there was a competition between Libra and Bitcoin, head of Facebook’s blockchain sector David Marcus seems to have conceded rather than overselling the facts.
Facebook’s release of Libra white-paper raised a lot of awareness in the cryptocurrency and traditional banking communities. Many experts compare Facebook’s Libra to Bitcoin and other cryptos. The main question is, how Libra could affect Bitcoin price?
The U.S. Senate Banking Committee will hold a hearing on July 16 about Facebook’s new cryptocurrency, Libra. The hearing came after members of Congress said there is a need to more closely examine Libra and its potential risks.
Winklevoss twins have never been friends to Mark Zuckerberg, whom they previously accused of stealing their idea for Facebook winning $65M settlement as the result. Now, given recent Libra release, the twins feel more like being “frenemies”.
Since Facebook revealed its new project Libra, and everything that is related to it, people are starting to wake up and speculate – is Facebook’s Project Libra going to take over the cryptocurrency industry? Whether it will be a good or a bad mark, let’s see.
Facebook shares rose in premarket trading after the tech giant unveiled its part in a new digital currency Libra. Facebook’s stock climbed 2.09% in premarket trading from Monday’s close of $192.96 a share.
At the wake of restructuring the infrastructural settings of traditional financial institutions comes Facebook’s Calibra Crypto Wallet Ecosystem. Here’s what you should know about it.
Public blockchain platform Zilliqa announced a partnership with Xfers. This will bring new innovations to Xfers’ enterprise solutions, including support for payments, regulatory compliance, a built-in digital wallet, etc.
MoneyGram announced that they’ve agreed to a deal with blockchain company Ripple that involves an investment of up to $50 million. MoneyGram will use Ripple’s XRP technology to handle cross-border transfers of digital funds for at least two years under the deal.
Founder of Zilliqa confirmed that they are looking for more partnerships in order to widen their network and become a worthy competitor to the likes as Visa or Mastercard. They recently went into a partnership with Mindshare, a 30 billion turnover group, with whom they are working on an end-to-end reconciliation platform for the digital advertising industry.