October 30, 2019
The latest and largest initiative is Libra, which has gained much attention in the media and financial sectors and from authorities and politicians.
October 25, 2019
Facebook’s digital currency will be a proxy in many larger issues which will decide the future of technology in America and the globe.
September 4, 2019
Speech by Mr Yves Mersch, Member of the Executive Board of the European Central Bank, at the the ESCB Legal Conference, Frankfurt am Main, 2 September 2019.
August 13, 2019
Speech by Ms Lael Brainard, Member of the Board of Governors of the Federal Reserve System, at the Federal Reserve Bank of Kansas City Town Hall, Kansas City, Missouri, 5 August 2019.
August 5, 2019
The US Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing entitled, “Examining Regulatory Frameworks for Digital Currencies and Blockchain.” A good portion of the hearing was dedicated to skepticism of Facebook’s digital currency idea, the Libra.
July 19, 2019
CMC Markets has announced an increase in client demand for cryptocurrencies as clients look to gain exposure using derivatives especially since mid-May 2019. The trend may be driven by Facebook’s Libra project and G20 scrutiny of the asset class, according to the global leader in spread betting and contracts for difference (CFD).
July 12, 2019
eToro has launched its latest portfolio, which offers investors the opportunity to take a stake ($2,000 minimum) in the companies involved in Facebook’s Libra project. Comprising of the 13 publicly-traded companies involved in the Libra Association, the portfolio will add more firms as they join the project and rebalance it where possible.
Democrats on the House Financial Services Committee are asking Facebook to postpone the launch of its crypto
July 5, 2019
We write to request that Facebook and its partners immediately agree to a moratorium on any movement forward on Libra—its proposed cryptocurrency and Calibra—its proposed digital wallet. It appears that these products may lend themselves to an entirely new global financial system that is based out of Switzerland and intended to rival U.S. monetary policy and the dollar.