Facebook asked by lawmakers to pause Libra cryptocurrency project
By: Asha Barbaschow June 19, 2019 Facebook on Tuesday revealed its plans for a long-awaited cryptocurrency play, with Libra slated for launch in 2020. It is expected Libra will integrate with the company’s apps and services, and go head-to-head with the likes of Bitcoin, but US lawmakers aren’t as excited by the idea as the […]
Facebook’s new cryptocurrency could really change the world
By: Mustafa Alrawi June 19, 2019 There was no mention of Bitcoin in Facebook’s announcement about Libra, the company’s forthcoming digital currency, or the white paper explaining how it will work. However, it was cited in the accompanying technical documents as both a reference point and an example of what Libra will not be. Nevertheless, […]
Expert: Facebook Is Trying to Become an Independent Country
By: Victor Tangermann June 19, 2019 Facebook just announced details of its upcoming cryptocurrency, the Libra. The goal is to help make the trade of goods and services for its billions of users easier, but that could give the company more global influence than ever before — and perhaps even turn the company into a […]