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Why Facebook Chose Stablecoins as Its Path to Crypto

When Facebook Inc. developed Libra, its planned digital currency, it decided to focus on one version of the crypto world known as stablecoins. They’re not the biggest or best-known players in the field pioneered by Bitcoin. But to the broad ran.....»»

Category: topSource: washpostJun 18th, 2019

Anchorage Chose South Dakota for Its Crypto Custody – Here’s Why

After a $40 million Series B, buzzy crypto startup Anchorage is setting up a new subsidiary in Sioux Falls, South Dakota......»»

Category: forexSource: coindeskJul 20th, 2019

Facebook"s Fake "Crypto" Is "A Fiat-Money Clone"

Authored by Thorsten Polleit via The Mises Institute, Starting in 2020, Facebook wants to offer its customers a global high-tech cu.....»»

Category: blogSource: zerohedgeJul 19th, 2019

Consumer Advocates Urge Libra Members to Quit Facebook Crypto

A coalition of consumer advocacy groups urged the Libra Association's 28 member firms to quit the Facebook-led project......»»

Category: forexSource: coindeskJul 18th, 2019

Consumer Advocates Urge Libra Members to Quit Facebook’s Crypto Project

A coalition of consumer advocacy groups urged the Libra Association's 28 member firms to quit the Facebook-led project......»»

Category: forexSource: coindeskJul 18th, 2019

Facebook Crypto Plans in Doubt, Blockchain ETFs in Focus

U.S. lawmakers questioned Facebook (FB) on its cryptocurrency.....»»

Category: worldSource: nytJul 18th, 2019

Facebook Libra Risks to Financial Stability Demand ‘Highest’ Regulatory Standards, Says G7

The G7 group of nations has warned of the threat posed by stablecoins such as Facebook's Libra and set out draft recommendations for regulation......»»

Category: forexSource: coindeskJul 18th, 2019

WATCH: Former ConsenSys Fintech Lead Says Facebook Will Rule Crypto Payments

Llanos sees Facebook's rise in the payments space as nearly inevitable. So how can startups compete? He has some ideas......»»

Category: forexSource: coindeskJul 18th, 2019

Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra

For a panel about a proposed cryptocurrency, Tuesday's Senate Facebook hearing was light on actual crypto talk......»»

Category: forexSource: coindeskJul 16th, 2019

Lawmakers say Facebook not to be trusted with "crazy" crypto plan, Reuters says

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 16th, 2019

Bitcoin tumbles as U.S. senators grill Facebook on crypto plans

The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies......»»

Category: topSource: reutersJul 16th, 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

Bitcoin falls below $10,000 after Facebook grilled on crypto plans

Bitcoin fell 8% on Tuesday, breaching $10,000 for the first time in two weeks after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies......»»

Category: topSource: reutersJul 16th, 2019

Watch Live: Senate Grills Facebook Crypto Head About "Libra" Digital Currency

Ever since Facebook unveiled its plans to introd.....»»

Category: blogSource: zerohedgeJul 16th, 2019

How Will the Proposed "Crypto Bill" Impact Facebook?

Zacks.....»»

Category: topSource: redinewsJul 15th, 2019

How Will the Proposed "Crypto Bill" Impact Facebook?

The proposed bill to block big tech from finance, may not have the desired impact on Facebook (FB). .....»»

Category: smallbizSource: nytJul 15th, 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

What to Expect When Congress Grills Facebook on Cryptocurrency

The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions......»»

Category: forexSource: coindeskJul 15th, 2019

Facebook"s crypto Libra to be subject of Fed examination, Bloomberg reports

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 10th, 2019

Facebook to Senators: Libra Crypto Will Respect Privacy

Facebook's David Marcus told lawmakers its new libra cryptocurrency will not store or share personal financial information – with a few caveats......»»

Category: forexSource: coindeskJul 10th, 2019

Facebook Says It Won’t Launch Crypto in India Due to Regulatory Issues

Facebook reportedly said that current regulatory restrictions mean it has "no plans" to launch its digital wallet service and crypto in India......»»

Category: forexSource: coindeskJul 10th, 2019