#Libra News

Monex Group Interested in Joining Facebook’s Libra Consortium

July 27, 2019 by Ogwu Osaemezu Emmanuel at Business

Oki Matsumoto, President of Monex Group, a Japan-based financial services company backing the Coincheck cryptocurrency exchange, is interested in participating in Facebook's Libra cryptocurrency project and has submitted an application to that effect, according to a Reuters Japan report on July 26, 2019. Monex Group's Application to Join Libra Project...

Magnifying Glass Cracking the Libra Coin

Ripple CEO Fears Regulation Fallout from Facebook’s Libra

July 26, 2019 by Ashwath Balakrishnan at Regulation

Brad Garlinghouse, the CEO of Ripple Inc, is concerned about the U.S. government's recent jump into action after the announcement of Libra. In an interview with Fortune, July 25, 2019, Garlinghouse speaks about his discontent with Trump's bunching of cryptocurrencies, and the potential regulatory conundrum that Libra has awoken. The...

Facebook in a Meeting with a CFTC official statue of liberty in the background

Research: Over 90 Percent of Americans don’t Trust Facebook’s Libra

July 25, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

While Mark Zuckerberg and his associates are busy brainstorming on how to put Project Libra in the good books of financial regulators across the globe before 2020, it appears the team may have much more work to do. The latest research report by CivicScience has revealed that a vast majority...

Bitcoin standing infront of the U.S. Senate

U.S. Regulators Set to Examine Regulatory Frameworks for Cryptos and Blockchain

July 25, 2019 by Ogwu Osaemezu Emmanuel at Regulation

According to the United States Senate Committee on Banking, Housing, and Urban Affairs, July 24, 2019, the Senate will conduct a full committee hearing which will solely focus on "Examining Regulatory Frameworks for Digital Currencies and Blockchain." Crypto and DLT Hearing Scheduled Reportedly, the hearing will be conducted in "OPEN...

Regulators are Slowly but Surely Pulling Away Crypto’s Free Hand

July 24, 2019 by Ashwath Balakrishnan at Regulation

The last two years have been quite uneventful for cryptocurrencies with regulators launching themselves into the industry in full swing. Their lack of expertise with the way the technology works and how networks run is proving to be detrimental for any hope of reasonable regulation. At the same time, crypto...

Swiss data Commisioner Switzerland Flag binoculars witnesses Libra

Swiss Data Commissioner Awaiting Information Request Response from Facebook’s Libra Project

July 24, 2019 by Nigel Dollentas at Regulation

The Swiss Federal Data Protection and Information Commissioner (FDPIC) is still awaiting additional requested information from Facebook’s cryptocurrency project Libra reports Reuters, July 23, 2019. This Time, It’s The Swiss Libra is Facebook's endeavor into the cryptocurrency industry, which it announced just over a month ago, has been subject to...

Facebook Met U.K. Regulators Months Before Libra Announcement

British MP Wants to Probe Facebook’s Libra Cryptocurrency

July 23, 2019 by Osato Avan-Nomayo at Altcoins

A member of the British Parliament wants to probe Libra over concerns user data privacy. The news comes following similar legislative appearances before the U.S. Congress and adds to the growing negative sentiments around the project from across the globe. This according to a report from Financial News, July 22,...

Kenyan Central Bank Governor Believes Facebook’s Libra is too Risky

July 23, 2019 by Ogwu Osaemezu Emmanuel at Finance

The Central Bank of Kenya (CBK) has given its take on Facebook’s Libra cryptocurrency project. The apex bank has said that Libra comes with phenomenal risks that need to be properly understood, reports local news source, Telecompaper on July 22, 2019. CBK Wary of Libra Per sources close to the...

Steve Mnuchin Claims G7 Finance Ministers and Central Bankers Concerned About Libra

July 20, 2019 by Ashwath Balakrishnan at Finance

The Treasury Secretary of the United States of America, Steve Mnuchin, told CNBC in an exclusive interview that G7 financial heads were not comfortable with Libra and expressed their doubts over the ability of the payment consortium to adhere to anti-money laundering (AML) and money transmission regulations. A variety of...

Bank of Thailand: Libra’s Benefits and Risks must be carefully Studied

July 20, 2019 by Ogwu Osaemezu Emmanuel at Regulation

Bank of Thailand (BOT) Governor, Veerathai Santiprabhob, has given his take on Facebook’s Project Libra, making it clear that the merits and risks of the digital asset still need to be studied extensively, reports local news source, Bangkok Post on July 19, 2019. BoT to Closely Monitor Libra Per sources...

Pages: « 5 6 7 8 9 10 11 12