libra cryptocurrency

Some of Facebook’s Libra Members Look to Distance Themselves from Project
August 23rd, 2019

U.S. lawmakers have been skeptical about Facebook and the libra coin and some of the Libra Association look to distance themselves from the project.

Facebook Hires Political Influencer to Lobby for Its Libra Cryptocurrency
August 6th, 2019

Facebook has recently hired Susan Zook, a former aid to the chairman US Senate Banking Committee to work on lobbying Facebook’s Libra cryptocurrency project.

Zuckerberg Ready to Wait for ‘However Long It Takes’ to Get Libra Regulators Onboard
July 26th, 2019

Mark Zuckerberg has made it clear that Facebook will not launch its Libra crypto until all the regulators have been brought on board and every regulatory issue resolved satisfactorily.

Survey: US Investors Put More Trust In Bitcoin Over Facebook’s Libra
July 25th, 2019

While a majority of investors said that they aren’t interested in Libra (with many preferring Bitcoin instead), some also said that unlike the decentralized cryptocurrencies, Libra doesn’t give them the financial freedom from governments.

Senate Banking Committee to Indulge in a Crypto Regulation Hearing Next Week
July 24th, 2019

The crypto community is on a wait-and-see mode awaiting regulation hearings by the Senate Banking Committee expected to shape the future of the nascent crypto industry with more regulations introduced.

Meltem Demerors: Facebook’s Libra Is Not a Cryptocurrency
July 18th, 2019

Even though Congress tried to inflict damage on Big Tech in hearings related to user data, antitrust concerns and Facebook’s Libra, it seems it has failed. That leaves Silicon Valley with little incentive to change.

David Marcus: Libra Doesn’t Want to Conquer Dollar, It is Not Investment
July 17th, 2019

Today’s the second day of Libra hearing. Amid questions of safety, compliance and consumer protection, Marcus kept stressing that Libra project would seek proper approval and registrations with the relevant authorities.

Bitcoin Gets a Skip at U.S. Senate Hearing on Facebook Libra, BTC Price Dives Below $10K
July 17th, 2019

Receiving no attention at the senate hearing on Tuesday, Bitcoin price tanked over 10% on Tuesday. There’s little to no positive response from the US lawmakers for Facebook’s Libra which has created an overall negative sentiment around Bitcoin as well.

‘Every FAANG Company Will Have Crypto Project Within the Next 2 Years,’ Say Winklevoss Twins
July 11th, 2019

Popular crypto bulls and co-founders of Gemini Exchange, the Winklevoss Twins, have predicted that in two years, all the FAANG companies will follow Facebook’s footsteps and launch their individual cryptocurrency ventures.