In the 220-minute-long Senate hearing where Facebook’s head of Calibra, David Marcus, was grilled on the company’s “cryptocurrency” plans, the word trust was mentioned every two minutes on.. The Next Web - Published
CHANTILLY, France (AP) — 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 Libra as they wrap.. SeattlePI.com - Published Also reported by •Seattle Times
Facebook's David Marcus faced another day of governmental grilling, this time at the hands of the House Financial Services Committee, over the social media giant's plans for its digital currency Libra.
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Facebook's Libra a hot topic during Federal Reserve Chair Jerome Powell's two-day congressional, President Donald Trump shared his view on Real Money Stock of the Day Facebook's digital currency Libra..
Bitcoin tested 15-month highs on Monday after jumping more than 10% over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled..
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On today's episode: Facebook's Libra cryptocurrency goes live today; G-RO launches third Kickstarter with pushable carry-on; J.J. Abrams signed an exclusive first look deal with WarnerMedia for their..
CHANTILLY, France (AP) — The Latest on the G-7 finance ministers' meeting (all times local):
Top finance officials from the Group of Seven rich democracies are warning.. SeattlePI.com - Published
Digital currencies like Facebook's Libra must be held "to the highest regulatory standards" to ensure they are not used to launder money and that users are protected, a Group of Seven taskforce urged.. Reuters - Published Also reported by •Reuters India
Stablecoins like Facebook's Libra can foster financial inclusion but they must be held "to the highest regulatory standards" to ensure that they aren't used to launder money and that users are.. Reuters India - Published Also reported by •Reuters
As governments around the world try to figure out how to deal with everything from Bitcoin to Facebook's Libra, Japan has usually been a step or two ahead in dealing with cryptocurrency. Bitcoin has.. engadget - Published
Global finance chiefs found common ground in their fear of Facebook's Libra initiative as they met to discuss more contentious issues from digital taxation to the economic outlook on Wednesday. ...... WorldNews - Published Also reported by •Brisbane Times •Sydney Morning Herald •The Age
Congressman Warren Davidson really wants to talk about shitcoins.
The representative from Ohio took pains Wednesday to make that clear during a congressional hearing examining the potential.. Mashable - Published
Bitcoin Price Analysis (BTC/USD) It seemed to be clear that yesterday U.S. governmental hearing of Facebook Libra widely affected the price of the top cryptocurrency. In an hourly chart, BTC/USD.. The Merkle - Published
Group of Seven finance chiefs cast a cloud over prospects for Facebook's Libra digital coin on Wednesday, insisting tough regulatory problems would have to be worked out first.… Japan Today - Published
For the second day in a row, Republican and Democratic lawmakers slammed Facebook over its digital currency, Libra.
Members of the House Committee on Financial Services backed the message of their.. Mashable - Published
Watch VideoGovernment officials in the Trump administration and on Capitol Hill were already skeptical of Facebook's Libra cryptocurrency, and after hearings in the Senate and the House, lawmakers.. Newsy - Published
· David Marcus, head of Facebook's cryptocurrency efforts, testified at a House of Representatives Committee on Financial Services hearing about Libra, the social network's forthcoming.. Business Insider - Published
Facebook's plan to introduce its own cryptocurrency has come under sharp criticism from many countries. The social media giant announced in June that it would roll out a new digital currency, called.. Deutsche Welle - Published
Bitcoin hasn't been the only casualty of the backlash by the world's major economic powers against Facebook's plans for a cryptocurrency, with smaller digital coins also feeling the burn. Reuters - Published Also reported by •Reuters India
· *A US congressman claimed Facebook's Libra cryptocurrency "may do more to endanger America" than 9/11.*
· *At a House hearing on Facebook's plans on Wednesday, Brad Sherman was intensely critical.. Business Insider - Published
G7 ministers meeting in France on Wednesday agreed on the need to confront the emergence of digital currencies following Facebook's plans to launch its Libra digital coin, a French G7 presidency source.. Reuters - Published
David Marcus, head of Facebook’s crypto wallet Calibra, stressed that Facebook will launch the Libra cryptocurrency project only after they address all regulatory concerns The Cointelegraph - Published
U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not.. Reuters - Published Also reported by •Reuters India