Cryptocurrencies
Mark Zuckerberg has another answer to bitcoin
Last year’s backlash against Facebook’s planned digital currency libra would have been most CEOs’ worst nightmare. It hasn’t deterred Mark Zuckerberg.
Browsing: Libra
Cryptocurrencies
Facebook-backed cryptocurrency libra renamed as diem
Facebook-backed cryptocurrency libra has been rebranded “diem” in a renewed effort to gain regulatory approval by stressing the project’s independence.
Cryptocurrencies
Facebook’s cryptocurrency libra to launch as early as January: FT
Facebook’s libra cryptocurrency is readying to launch as early as January, the Financial Times reported on Friday, citing three unidentified people involved in the project.
Cryptocurrencies
Bitcoin approaches $12 000 after snapping equities correlation
Bitcoin’s biggest rally in more than a week has pushed it to the brink of $12 000, a key level watched by chartists and technicians.
Cryptocurrencies
Facebook’s libra stablecoin has a new problem: G7 nations
Financial leaders of the world’s seven biggest economies will say on Tuesday that they oppose the launch of Facebook’s planned libra stablecoin until it is properly regulated, their draft statement showed.
Cryptocurrencies
Facebook’s libra wallet is now called Novi
Facebook has changed the name of the digital wallet to be used with its new cryptocurrency, the latest in a number of changes to the digital currency and its ecosystem.
Fintech
Facebook unveils major libra overhaul to appease regulators
Facebook and its partners said their libra cryptocurrency project will now support multiple versions of the digital coins, the majority of which will be backed by individual fiat currencies.
Fintech
Facebook’s libra backers are turning to a rival crypto effort
Many members of the Libra Association – a Facebook-led effort to create a global cryptocurrency – are now also backing a rival effort.
Cryptocurrencies
Facebook is mulling a major overhaul of its libra cryptocurrency
Facebook and its partners are considering redesigning the libra cryptocurrency project so that the network accepts multiple coins, including those issued by central banks, in an effort to woo reluctant global regulators.
Cryptocurrencies
Blockchain is laying the foundation for digital money: JPMorgan
US banking giant JPMorgan Chase & Co is broadening its perspective on blockchain technology to show how digital money will change the financial world.