Tag Archives: Facebook

Trials for a French wholesale central bank digital currency will kick off next year.France is responding to the threat posed by Facebook’s Libra to monetary policy sovereignty.The EU country is hoping to be the first to issue a wholesale CBDC.Immediately after Facebook announced its plans for a global cryptocurrency, France emerged as one of the social media giant’s biggest opposition to Libra. One of the arguments that French officials put forward in their case against Libra then was that...

We all know how it is to forget someone’s birthday, holiday or, god forbid, anniversary. Before we used our little calendars with post-its all around saying: “your first kiss anniversary, he wore a brown jumper, buy beer”, etc. However, since we have Facebook, it was hard to forget, well, almost anything. With its ‘calendar’ and ‘memories’ it reminds us of all the things we’ve done in the past – yes, that includes your drunk uncle puking after New year’s brunch. Its “Year in Review” videos,...

As cryptocurrency adoption continues to spread all over the world, several entities including corporate organizations and governments are gradually catching the crypto bug. Based on a report from a French financial media platform Les Echos, France has now joined a list of countries that have shown interest in the crypto sector and have taken it a step further with a decision to float their own digital currency. France will now test its crypto sometime in the first quarter of next year.During...

Usually, when analyzing stocks, Wall Street analysts are like a pack of wolves – agreeing on most of the stocks’ directions finding sort of an informal consensus on Wall Street among this crowd. However, there are always some stocks that separate analyst’s opinions. One of those is one of the most controversial these days – Tesla. For now, this stock has the widest gap from bottom to the top, according to different analysts.Even though in the year-to-date analysis it did grew slightly – from...

Libra’s announcement earlier this year brought a lot of mixed reactions, but it also attracted a lot of attention towards the field, causing other teams to think in this direction. One of these is Saga Monetary Technologies’ token dubbed SGA, which will be launched on December 10th. SGA token will be pegged to the Special Drawing Right monetary reserve.A New Type Of StablecoinSaga Monetary Technologies announced the creation of SGA – a new type of stablecoin. It will start trading on December...

India’s digital payments company Paytm said it got new funding from its shareholders but also some new investors. SoftBank Group Corp.’s Vision Fund, Ant Financial and Discovery Capital will, therefore, together with new investors advised by T. Rowe Price Group Inc. fund Paytm to get it in front of its competitors as the country’s finance sector is slightly beginning to grill.From Ant Financial they said they have been searching for investment opportunities in Southeast Asia in order to...

Congress Representatives were unhappy with Zuckerberg‘s attitude on his last hearing within a building of the House Financial Committee Services. Previously, Mark claimed that his company would not be trying to undermine the existing dollar-based economy. Yet, he wants Facebook to have its branded currency no matter what, working all over the Earth, with 200 million people as the “ready to go” audience. And even if the EU, Asia-Pacific and other tech-savvy gigs start developing much better,...

Coinspeaker PayPal Announces Acquisition of Honey Science Corporation PayPal has announced that they reached an agreement for acquiring Honey, the money-saving browser extension and app. PayPal Announces Acquisition of Honey Science Corporation Continue reading at Coinspeaker

What happened? The initial connection between Cloudflare's network and the origin web server timed out. As a result, the web page can not be displayed. What can I do? If you're a visitor of this website: Please try again in a few minutes. If you're the owner of this website: Contact your hosting provider letting them know your web server is not completing requests. An...

What happened? The initial connection between Cloudflare's network and the origin web server timed out. As a result, the web page can not be displayed. What can I do? If you're a visitor of this website: Please try again in a few minutes. If you're the owner of this website: Contact your hosting provider letting them know your web server is not completing requests. An...