A report from Reuters on September 12 state that Facebook is requesting a payments systems license from the Swiss Financial Supervisory Monetary Authority (FINMA) for Libra.
Facebook has come under intense…
Mu Changchun, Deputy Director of the People’s Bank of China (PBOC), has commented on China’s upcoming Central Bank Digital Currency (CBDC), comparing it to Facebook’s Libra.
"China's cryptocurrency will be similar…
According to Libra’s official website and blog, Libra Association announced the launch of the Libra Bug Bounty program, open to security researchers worldwide, where they will search for bugs and…
The Swiss central bank acknowledges that documentation for Facebook’s cryptocurrency project, Libra, is still ambiguous and lacking core details that would help regulators reach a consensus on its use. Employees…
The Financial Times reported last week that at least three early investors in Facebook’s Libra project are considering withdrawing their support. Due to the intense scrutiny from regulators all over…
According to the Taipei Times, a cryptocurrency exchange in Taiwan called MaiCoin has negotiated with Facebook about becoming a Libra Association member.
Libra association is a non-profit organization established to manage…
Facebook going into cryptocurrency has definitely created interest among mass consumers and crypto naysayers. People have started to seriously consider the possibility of mass adoption of cryptocurrency, but will Libra…
According to a document published on August 1, the US Patent and Trademark Office has information about retail giant Walmart with a patented method to use CryptoCurrency linked to fiat…
n a major regulatory shift, Japan's House of Representatives has passed a critical piece of legislation that will transition the country's cryptocurrency oversight from the Payment Services Act to the…
Defying a deepening industry downturn, crypto venture powerhouse Dragonfly Capital has successfully closed its fourth fund at $650 million. The raise significantly overshot the firm’s initial $500 million target announced…