Tag: Facebook’s

How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra

How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming […]

How 10 Countries Respond to Facebook’s Libra Cryptocurrency

How 10 Countries Respond to Facebook’s Libra Cryptocurrency A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank […]

8 Irate Quotes From Officials Who Hate Facebook’s Digital Currency

8 Irate Quotes From Officials Who Hate Facebook’s Digital Currency The best thing about Facebook’s proposed digital currency isn’t its BTF consensus algorithm, account-based data model or single Merkle tree structure. No, the greatest thing about Libra has to be the triggered reactions from politicians and bankers who can sense […]

From Blanket Ban to Its Own Stablecoin: How Facebook’s Relationship With Crypto Changed Over 2018

From Blanket Ban to Its Own Stablecoin: How Facebook’s Relationship With Crypto Changed Over 2018 After banning and unbanning crypto ads, Facebook reportedly proceeded toward its own cryptocurrency — and its blockchain division is steadily expanding as well. Here’s how the social media giant’s relationship with crypto has changed over […]