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Trump: Cryptocurrencies not money; Facebook"s Libra to have "little standing"

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 11th, 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

Trump Weighs In on Facebook Cryptocurrency: He Doesn’t Like It

President Trump made his first foray into the digital currency battle on Thursday, joining critics of cryptocurrencies in general and Facebook's Libra, in particular......»»

Category: blogSource: 247wallstJul 12th, 2019

Why Facebook Is Minting a Coin and How You Can Use It

Facebook Inc. -- along with 27 partners -- is wading into the world of cryptocurrencies with Libra, a digital token that’s projected to be used in everything from commerce to money transfers. Here are the details:.....»»

Category: topSource: washpostJun 19th, 2019

G-7 countries warn of risks from Facebook Libra

Finance ministers from the Group of Seven rich democracies are sounding the alarm on the dangers of cryptocurrencies and pouring cold water on Facebook's Lib.....»»

Category: topSource: moneycentralJul 18th, 2019

Major economies take dim view of Facebook Libra

Finance ministers from the Group of Seven rich democracies are sounding the alarm on the dangers of cryptocurrencies and pouring cold water on Facebook's Lib.....»»

Category: topSource: moneycentralJul 18th, 2019

Facebook needs to drop Libra and buy Square, Jim Cramer says

"It's clearly doing more harm than good," the "Mad Money" host says. Instead Facebook should buy Square for $70 billion and expand the payments network worldwide......»»

Category: topSource: madmoneyJul 17th, 2019

Senators grill Facebook on its plans for Libra cryptocurrency

Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the aisle questioned the social media company on its plans for a digital currency at a hearing on Tuesday......»»

Category: topSource: reutersJul 16th, 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

Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook's planned Libra digital coin. Francis Maguire reports.....»»

Category: topSource: moneycentralJul 15th, 2019

Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook's planned Libra digital coin. Francis Maguire reports.....»»

Category: videoSource: reutersJul 15th, 2019

Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook's planned Libra digital coin......»»

Category: topSource: reutersJul 15th, 2019

Trump: "I Am Not A Fan Of Bitcoin And Other Cryptocurrencies"

U.S. President Donald Trump wrote in a series of Tweets Thursday evening cryptocurrencies are not real money and an unregulated crypto marketplace will "facilitate unlawful behavior." read more.....»»

Category: blogSource: benzingaJul 12th, 2019

Key Words: Crypto critic: Trump says he’s not a ‘fan’ of bitcoin or Facebook’s libra

That is the view from U.S. President Donald Trump who went after cryptocurrencies in a pair of wee-hour tweets on Thursday, saying that unregulated assets can “facilitate unlawful behavior, including drug trade and other illegal activity...”.....»»

Category: topSource: marketwatchJul 12th, 2019

US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin

US President Donald Trump tweeted about bitcoin and Facebook's Libra on Thursday. He's not a fan......»»

Category: forexSource: coindeskJul 11th, 2019

Bitcoin near two-week highs, fueled by hopes for Facebook"s Libra

Bitcoin held on Tuesday near its highest for two weeks after surging as much as 9% overnight, a move analysts said was probably driven by hopes that cryptocurrencies are gaining wider acceptance after Facebook disclosed plans for a digital coin......»»

Category: topSource: reutersJul 9th, 2019

Facebook Libra digital currency will carry hidden costs

When Facebook announced its intention to get into the money business, we wondered what would be next. Its own court sy.....»»

Category: topSource: usatodayJul 3rd, 2019

It"s No Bitcoin: Facebook"s Libra Currency Is Tied to Government Currencies

Authored by Ralph Fucetola via The Mises Institute, Nobel laureate F.A. Hayek was, as he says in the 1990 introduction to his Denationalization of Money: The Argument Refined, one of the chief “gold bugs” of the 20th century. And he reminded us, s.....»»

Category: blogSource: zerohedgeJul 1st, 2019

Bitcoin, Facebook and the End of 20th Century Money

Bitcoin is surging and Libra is shaking up regulators as the globe faces a period of doubt on the economic front......»»

Category: forexSource: coindeskJul 1st, 2019

Bitcoin soars past $13,000 as Facebook"s Libra fuels demand

Bitcoin jumped to an 18-month high on Wednesday, as investors looked for safety in alternative investments amid geopolitical tension, and cheered prospects that Facebook Inc's Libra token could push cryptocurrencies into the mainstream......»»

Category: topSource: reutersJun 26th, 2019

Bitcoin reaches 18-month high as Facebook"s Libra spurs interest

Bitcoin jumped to an 18-month high on Wednesday, a surge analysts said was caused by nervous traders looking for safety in alternative investments and expectations that Facebook's Libra could turn cryptocurrencies mainstream. David Pollard reports......»»

Category: topSource: moneycentralJun 26th, 2019