Libra (LBA) & Facebook

The slightly negative attention from institutions towards Facebook’s Libra continues with the German Central Bank’s President Jens Weidmann, saying that they have to slow it down with further regulations. He also notes that banks must improve their payment systems and the E.U. should be more considerate regarding launching e-euro.Weidmann On Digital EuroEver since Facebook announced its plans to create a stablecoin, dubbed Libra, the world has turned its attention towards this sort of digital...

On Thursday, TON founders received an order to open their TON ICO documents to the investigators. The order came via a court filing by the U.S. regulator. Per the document:“Plaintiff respectfully moves to compel Defendants to answer questions and provide documents regarding the amounts, sources, and use of funds raised from investors in connection with the unregistered sale of securities at issue in this case.The requested bank records are highly relevant to the issues in dispute in this...

China Blockchain Report Chinas neue Kryptowährung gilt als „Bitcoin-Killer“: Im Jahr 2019 haben sowohl Bitcoin als auch andere Kryptowährungen Zentralbanken sowie deren Regierungen dazu veranlasst, digitale Währungen neu zu bewerten und weitaus ernster zu nehmen. Indes entwickelt China eine eigene digitale Währung, welche als eine Form der Reaktion auf die Libra von Facebook...

China’s virtual currency – the digital yuan – is set to make its official debut, and many residents and potential users aren’t happy about the way it’s structured.The Digital Yuan Isn’t for SpeculationRecently, the country issued a new law that would allow for the creation of such a coin. China had commented in the past that the digital yuan is designed to assist the nation in competing with Libra, the new cryptocurrency project being set forth by the social media conglomerate Facebook.For...

Bitcoin 2019: Was war 2019 so los in der Krypto-Szene? Im Jahr 2019 ist viel passiert, aber was hat die meiste Aufmerksamkeit erregt? War es der Bitcoin-Kurs oder vielleicht Libra von Facebook? Schauen wir uns einige Highlights an! Facebook kündigt Libra an Das soziale Netzwerk Facebook machte Schlagzeilen, als es ankündigte, eine eigene Kryptowährung mit dem Namen Libra auf...

Bitcoin 2019: Was war 2019 so los in der Krypto-Szene? Im Jahr 2019 ist viel passiert, aber was hat die meiste Aufmerksamkeit erregt? War es der Bitcoin-Kurs oder vielleicht Libra von Facebook? Schauen wir uns einige Highlights an! Facebook kündigt Libra an Das soziale Netzwerk Facebook machte Schlagzeilen, als es ankündigte, eine eigene Kryptowährung mit dem Namen Libra auf...

2019 is coming to an official close, and it’s been a crazy year for bitcoin and its crypto counterparts. In an end-of-year series, let’s examine some of the biggest stories that have occurred over the past 12 months and how they’ll possibly influence the crypto industry’s behavior in 2020.Bitcoin and Its Ongoing VolatilityIt can be argued that 2019 was a year of major volatility for bitcoin. After all, the currency started out at a mere $3,500 – where it remained until April. Bitcoin had...

Not long ago, it was reported that Libra was looking to make a new home in Switzerland. Well, it appears now that even Switzerland is looking down on the project, claiming that it’s not as strong as it should be.Libra and Switzerland Aren’t Friends AnymoreThese words came from Ueli Maurer, the country’s finance minster and outgoing president. He considers Libra something of a failure in its present state and doesn’t believe it can change the monetary system as it is. He also said that it...

Swiss outgoing President and Finance Minister Ueli Maurer said on Friday that Facebook’s Libra project “failed in its current form and needs reworking to be approved.”He said:“I don’t think Libra has a chance in its current form, because central banks will not accept the basket of currencies underpinning it. The project, in this form, has thus failed.”Regulators all over the world have been worried that Libra would possibly increment the risk of money laundering and criminal actions through...

Pour Ueli Maurer, président de la Confédération suisse qui s’exprimait devant les caméras de la chaîne de télévision SRF, le projet Libra lancé par Facebook a échoué dans sa forme actuelle et doit être retravaillé s’il veut être approuvé : « Je ne pense pas [que Libra ait une chance dans sa forme actuelle], car les banques centrales n’accepteront pas le panier de devises qui le sous-tend »....