Home Tags David Marcus
Tag: David Marcus
News Calibra CEO David Marcus recently claimed that the Anti-Money Laundering (AML) standards of Libra — Facebook’s proposed stablecoin project — will be better than other payments networks. Citing statements from Marcus’ speech at the Money 20/20 conference in Las Vegas, finance publication Finex..
Hiccups in the cryptocurrency market ahead, the Libra Association and its components have continued their relentless battle against regulators as the cryptocurrency project looks to get off the ground. Amid ever-growing regulatory tension, David Marcus, the co-creator of Libra and the head of Faceb..
Libra co-creator David Marcus is confident that Facebook’s digital currency will launch in 2020 despite mounting regulatory pressure from jurisdictions around the world. The Libra chief also sees adoption as a much larger concern for the cryptocurrency project than whether authorities are happy with..
When it boils down to choice, Americans will choose Bitcoin over Facebook’s proposed currency Libra, consumer insights provider CivicScience revealed in a new survey. Summarily, of the 1,799 U.S adults questioned for the survey, only 2 percent indicated that they could trust Facebook with any kind ..
G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue Decla..
It was Day 2 of Facebook’s Congressional Hearing. The pressure was on the social media giant to present a strong case to the House. A strong group that has never been a fan of the social media giant. After a rather grueling day of being questioned by the Senate Banking Committee, David Marcus, Faceb..
On Wednesday, Representative Warren Davidson suggested that Facebook Libra’s lack of decentralization placed it in the same category as other run of the mill sh*tcoins. Libra is Not a Cryptocurrency Events took a somewhat unexpected twist during today’s congressional hearing on the potential impac..
The Senate hearing for Facebook on Libra was conducted yesterday, and just like many predicted, it was a bloodbath. Crypto insiders expected lawmakers to come hard on Facebook’s past with information mishandling, and that was pretty much the topic sentence of the day. Try as Facebook did to convinc..
Earlier today Facebook Libra met with US Senators from the Senate Banking Committee. Here are a few highlights of note from the hearing. Facebook Libra Meets with Lawmakers Again Today Facebook answered questions from concerned US lawmakers on the Senate Banking Committee. As previously covered by..