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Home » Posts Tagged "Cryptocurrency"

Tag Archives: Cryptocurrency

Facebook’s Libra has failed in current form: Swiss president

27 December 2019, 8:25 PM

Facebook’s Libra project has failed in its current form and needs reworking to be approved, said the president of Switzerland where the cryptocurrency is seeking regulatory consent.

David Marcus, head of Facebook's Calibra (digital wallet service), testifies before a Senate Banking.

Facebook open to currency-pegged stablecoins for Libra project

21 October 2019, 7:00 AM

David Marcus, who heads the Libra project for Facebook, told a banking seminar the stablecoins group’s main goal remained to create a more efficient payments system.

Shadow of a 3D-printed Facebook Libra cryptocurrency logo is seen near cryptocurrency representation.

Visa, Mastercard reconsider backing Facebook’s Libra

2 October 2019, 5:32 AM

The financial backers to Libra did not want to attract regulatory scrutiny and declined Facebook’s requests to publicly support the project, according to WSJ.

Launch of Facebook’s Libra could be delayed over regulatory concerns: executive

29 September 2019, 7:09 AM

The launch of Facebook’s Libra could be pushed back to tackle the regulatory concerns that have been raised around the world, the head of the organization set up to oversee the cryptocurrency told Reuters.

David Marcus, head of Facebook’s libra project, is expected to tell a US Senate committee today that Facebook will not launch its digital ­currency until all concerns from ­regulators have been ­addressed

Facebook vows Libra currency will wait for approval as US airs worries

16 July 2019, 5:40 AM

Facebook Inc said it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed.

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