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HSBC Chief Legal Officer to Head Facebook-Backed Stablecoin Project Libra

HSBC Chief Legal Officer to Head Facebook-Backed Stablecoin Project Libra

The highly controversial Switzerland-based Libra Association has appointed its first CEO coming in later this summer. Stuart Levey is the current Chief Legal Officer...
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Facebook [LIBRA] – MasterCard CEO Explains Why His Company Bailed Out on Facebook’s Libra...

It’s been four months since the start of the exit of the Libra Association members led by payment companies Visa and MasterCard among other...
British Telecommunication Giant Vodafone Withdraws Its Support for Facebook’s Global Stablecoin Project Libra

British Telecommunication Giant Vodafone Withdraws Its Support for Facebook’s Global Stablecoin Project Libra

The string of unpleasant news for Facebook’s stablecoin project continues as another big member of the consortium has left the Libra Association, the governing...
Team of US Senators Introduces a New Bill That Would Put Facebook’s Libra Under Securities and Exchange Commission’s Jurisdiction

Team of US Senators Introduces a New Bill That Would Put Facebook’s Libra Under...

According to recent news on November 21, a bipartisan team of US senators introduced a new bill would put Facebook’s stablecoin Libra and related...
Ethereum Price Analysis - ETH Prices wavy despite DeFi Rave from the CFTC Chair

Ethereum [ETH] Price Analysis: Bulls Readying for $230 and $300? Lubin Comments on Facebook’s...

Lubin Advice Facebook’s has had several run-ins with regulators. Their many missteps as far as their breach of user trust is well document, paying a...

Bitcoin [BTC] Price Analysis: BTC is Up 14% Year-To-Date, Facebook Is Pro-Regulation

The Importance of Bitcoin It’s a capitulation in the cryptocurrency market. Bitcoin, altcoins, you name it, are registering losses. However, investors and traders have...
ING Head Warns that Banks May Drop Support For Facebook If Libra is Launched

ING Head Warns that Banks May Drop Support For Facebook If Libra is Launched

According to a recent report, Ralph Hamers, CEO of ING, a Dutch multinational banking company, warns Facebook that banks around the world may cut...

JPMorgan CEO Says Facebook’s Libra is an Idea That is Never Going to Happen

It seems bad days for Libra are elongated as unpleasant news and prediction are surrounding Libra from all sides and this time it is...

Global Financial Watchdog FATF Voices Concern over Growing Popularity of Stablecoins Led by Facebook’s...

Stablecoins have been in existence for years now with relatively minimal scrutiny from regulators and lawmakers. Well, that is until Facebook announced its plans...

Facebook’s Crypto Libra to Comply with Bank of England Regulations to Operate in the...

Social media giant Facebook’s proposed financial system dubbed Libra will have to conform to new rules and regulations in order to be allowed to...

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