#Facebook crypto News

Libra looking over a tower of bank notes

David Marcus: Libra Cryptocurrency is not a Threat to Sovereign Currencies

September 16, 2019 by Anthonia Isichei at Altcoins

Facebook executive David Marcus, has come out to debunk reports about the Libra cryptocurrency being a threat to sovereign currencies, in a thread on September 16, 2019. Working With, Not Against There have been reports that Facebook’s cryptocurrency, libra, was created to threaten sovereign currencies of nations. This sentiment is...

Facebook’s Crypto Project Gets Major Backing from Dozens of Industry Heavyweights

June 15, 2019 by Aisshwarya Tiwari at Business, Development

Cryptocurrency media outlet The Block on June 14, 2019, revealed the complete list of stakeholders of Facebook’s high-profile digital currency project. Heavyweights Behind the Libra Project According to the report, a number of corporate titans from various industries are part of the governing association of Facebook’s cryptocurrency. The consortium, dubbed...

Facebook Softens Ads Policy Amidst Stablecoin Launch

May 9, 2019 by Ogwu Osaemezu Emmanuel at News

After placing an outright ban on all forms of cryptocurrency and distributed ledger technology (DLT) related advertisements last year, social media giant, Facebook has announced an update to its policy to enable some “clean” digital assets and blockchain related ads to fly once again on its platform, according to a...