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How Facebook’s Libra Has Been Influencing Crypto, Politics and Finance

Analysis Over the past few days, a number of Libra-related announcements have been made — only, they weren’t from Facebook, the Libra Association, Calibra wallet or any other party involved in its development. First, top crypto exchange Binance announced a project called “Venus” — coincidentally,..

Libra Members Consider Quitting Project Due to Gov’t Pressure: Report

News At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback. A report from the Financial Times on Aug. 23 alleges that two founding partners of Facebook’s Libra Association have held di..

China May Release Libra Competitor Before Facebook Launches It, Report

Facebook’s Libra may be facing multiple threats from regulators, but the same critics are now racing to beat the social media giant at its own game.Experts: Chinese Libra May Come First The US, China and European Union are all concerned about Facebook’s digital currency. According to fresh report..

Binance Venus Aims to Outshine Libra and Chinese National Crypto?

Analysis Within the past 12 months, stablecoins have transformed from a niche idea to tackle the issues of a volatile market into methods of payment championed by some of the world’s biggest and most powerful tech companies. Facebook’s announcement that it would be supporting the launch of a rese..

Taipei-Based Crypto Firm Maicoin Seeks Membership in Libra Association

News Taiwanese digital currency trading platform Maicoin has entered talks with social media giant Facebook regarding its possible membership in the Libra Association. As local English language media outlet Taipei Times reported on Aug. 21, Maicoin is seeking to participate in the Switzerland-base..

Bitcoin Billionaires: The Winklevoss Twins Hint at Joining Libra

If you’ve watched “The Social Network”, the semi-fictional story of the founding of Facebook, you know there is clear discourse between chief executive Mark Zuckerberg and founder claimants the Tyler and Cameron Winklevoss (The Winklevoss Twins/The Winklevii). While the story was clearly exaggerate..

Facebook Faces Fresh EU Scrutiny As WhatsApp Edges Closer To Mobile Payments

The European Union is actively probing Facebook’s Libra digital currency project for competition law violations, mainstream media report.Facebook’s Libra Has ‘Potential Anti-Competitive Behavior’ According to Bloomberg, which cited official correspondence August 20, the European Commission is qui..

Facebook-owned WhatsApp Looks to Launch Digital Payments in Indonesia

News Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services in Indonesia. Reuters reported that they had learned of this development from anonymous sources on Aug. 20. Ac..

The European Commission Concerned About Libra’s Potential Monopoly

News Antitrust regulators at the European Commission, the executive branch of the European Union, have sent out a questionnaire to determine whether Facebook’s proposed stablecoin Libra is an anti-competitive project. Bloomberg learned of the news via a private document, per a report on Aug. 20. A..

Winklevoss Twins Open to Partner with Facebook Despite Old Disputes

Tyler and Cameron Winklevoss, the co-founders of crypto exchange Gemini, admitted in an interview with CNN that they were ready to partner with Facebook for the Libra project. Tyler and Cameron Winklevoss Believe in Libra On August 19, Winklevoss brothers told CNN’s Poppy Harlow that they would clo..

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