5 US lawmakers have jointly asked Facebook to consider a moratorium on its proposed cryptocurrency and digital wallet (Libra and Calibra respectively) in a formal letter
In an unexpected twist, the Bank of International Settlements (BIS) has revealed that it is now in favor of its member states developing digital currencies. It
Binance wants to list Facebook’s Libra cryptocurrency when it goes live. In a series of interviews held this week with industry media, Binance’s strategy officer Gin
On Thursday, June 26th, members of the US House of Representatives held a meeting with Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco over the potential
Even before it launches, Facebook’s cryptocurrency Libra is causing jitters amongst the financial elite as well as political powerhouses across the globe. The Eurozone has decided
Facebook’s June 18th announcement of its stablecoin cryptocurrency dubbed Libra stirred some concerns from political elites and financial juggernauts over the impending doom if the project
![[LIBRA] Bank for International Settlements Warns on Facebook’s Entry into the Financial Space](https://crypto-economy.com//wp-content/uploads/2019/07/biss.jpg)
The Bank of International Settlements (BIS), a Swiss-based international financial institution that counts 60 of the leading economies’ central banks as governing members has sounded an
Barely a day has gone by since Facebook announced its highly anticipated digital currency (or currencies), it is already embroiled in regulatory and government opposition from
After months of work, the launch of the website and the Libra whitepaper, the cryptocurrency of Facebook, has come to light. It seems that the times
On June 18th, 2019, the crypto space will be going through Libra white paper and getting acquitted with the concepts of Globlacoin. While the launch of
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