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Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official

Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said......»»

Category: forexSource: coindeskSep 11th, 2019

Switzerland warns Facebook"s Libra it will face extra scrutiny

Facebook's Libra cryptocurrency suffered another setback on Wednesday when Switzerland said the proposed payments system could face strict rules that typically apply to banks, on top of tough anti-money laundering laws......»»

Category: topSource: reutersSep 11th, 2019

Facebook"s Libra falls into "big gap" in EU rules: regulator

Facebook's proposed Libra cryptocurrency falls into a "big gap" in European Union financial regulation at a time when the bloc's ability to tackle money laundering is already stretched, a top EU regulator said on Thursday......»»

Category: topSource: reutersSep 5th, 2019

ECB"s Yves Mersch Warns Libra Cryptocurrency Is "Facebook"s Siren Call"

Authored by Adrian Zmudzinksi via CoinTelegraph.com, Yves Mersch, European Central Bank’s key legal official, said that Facebook’s Libra stablecoin is “beguiling but treacherous” dur.....»»

Category: blogSource: zerohedgeSep 3rd, 2019

Facebook Libra Backers Are Not Official Partners Yet, Says Visa CEO

While Facebook's Libra project was said to have 28 founding partners when unveiled, that isn't quite the case, says Visa CEO Alfred F. Kelly......»»

Category: forexSource: coindeskJul 24th, 2019

Cryptos Are Crashing As Libra Hearing Ends, Bitcoin Back Below $10k

Bitcoin tumbled back below $10,000 and dragged the rest of the crypto space lower after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies. Bitcoin.....»»

Category: blogSource: zerohedgeJul 16th, 2019

"Not A Lot Of Love" For Libra As Facebook Pitches Digital Currency In Washington

Treasury Secretary Steven Mnuchin publicly commented Monday on Facebook, Inc. (NASDAQ: FB)'s digital currency Libra and said it.....»»

Category: blogSource: benzingaJul 16th, 2019

Steven Mnuchin joins Facebook critics on Libra cryptocurrency

The Treasury secretary says Facebook has ‘a lot of work to do’ to win approval for its new cryptocurrency......»»

Category: topSource: bizjournalsJul 16th, 2019

New US House Bill Would Ban Big Tech From "Banking", Fine Facebook"s Libra $1 Million Per Day

Shortly before Treasury Secretary Stephen Mnuchin held his crypto-fearmongering press conference, CoinTelegraph's Kollen Post reports that.....»»

Category: blogSource: zerohedgeJul 15th, 2019

US Treasury Secretary Mnuchin Is ‘Not Comfortable’ With Facebook’s Libra

In a press conference Monday, Mnuchin voiced the Trump administration's concerns with Facebook's Libra and cryptocurrencies like bitcoin......»»

Category: forexSource: coindeskJul 15th, 2019

Mnuchin: Treasury Concerned About Facebook"s Libra Plans

Treasury Secretary Ste.....»»

Category: blogSource: benzingaJul 15th, 2019

Mnuchin says Treasury has "very serious concerns" Facebook"s libra coin will be misused by money launders

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJul 15th, 2019

Mnuchin says Facebook "has a lot of work to do" to convince Treasury about Libra

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJul 15th, 2019

Mnuchin says Treasury has "serious concerns" about Facebook"s Libra, bitcoin

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJul 15th, 2019

Facebook official says regulatory concerns to be addressed before Libra launch

Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are fully addressed......»»

Category: topSource: reutersJul 15th, 2019

Facebook Libra Threat Could Spur Work on China’s National Digital Currency: PBoC Official

China's central bank could hasten development of its own digital cash to counter the threat posed by Facebook's Libra cryptocurrency, an official says......»»

Category: forexSource: coindeskJul 8th, 2019

Facebook"s Libra cryptocurrency needs deep thought and detail: UK regulator

Facebook's fledging cryptocurrency will raise questions for both society and government that need close examination, a senior official at Britain's financial watchdog said on Tuesday, in another sign that the planned project will face deep scrutiny......»»

Category: topSource: reutersJul 2nd, 2019

Russia Won’t Ban Facebook’s Libra Currency, Deputy Finance Minister Says

The Russian Ministry of Finance will not issue special regulations for Facebook's upcoming cryptocurrency, an official said......»»

Category: forexSource: coindeskJul 1st, 2019

Central bankers weigh up Facebook"s Libra plan

A senior member of the Swiss National Bank said he was open-minded about Facebook's cryptocurrency project, while an Italian official looked for more information as central bankers try to get to grips with the initiative......»»

Category: topSource: reutersJun 25th, 2019

Bitcoin Price Trades Flat on Facebook Libra Blockchain Launch

Bitcoin is struggling to gather upside traction following Facebook's official announcement of its Libra cryptocurrency project......»»

Category: forexSource: coindeskJun 18th, 2019

Bitcoin Price Unfazed By Unveiling of Facebook’s Libra Crypto

Bitcoin is struggling to gather upside traction following Facebook's official announcement of its Libra cryptocurrency project......»»

Category: forexSource: coindeskJun 18th, 2019