Search Results for "facebook’s calibra"
Crypto Leaders Discuss Libra, China's CBDC and a Cashless Future at the Singapore Fintech Festival
A noteworthy panel followed on the topic of “defining the future of digital currency,” joined by Christian Catalini, co-creator of Libra and Head Economist of Calibra, Mu Changchun, Director-General of the Digital Currency Institute of the People’s Bank of China, HE Serey Chea, from the National Bank of Cambodia and Umar Farooq, Head of Blockchain at J.P. Morgan Chase & Co.
Facebook’s Libra Encouraged to Exclude the Chinese Yuan Being Tied to the Stablecoin
While Facebook is facing regulatory approvals for its Libra project, Facebook told US senators that the initial group of currencies that Libra will be likely backed by the US dollar, Euro, Yen, British Pound, and the Singapore dollar.
Facebook’s Calibra Aims to Create 50 New Jobs in Dublin To Scale Up Its Libra Project
Social media giant Facebook is seeking to create 50 jobs for its payment subsidiary Calibra. The new hires, which are targeted to begin work at Dublin office, Ireland by the end of 2020, will be responsible for creating a wallet for sending and storing Libra. Calibra was formed in 2019 to develop a digital wallet for the Libra payment team.
Calibra Head David Marcus Declares Libra as the Most Secure Payment Network
David Marcus, Head of Calibra, the digital wallet for Facebook’s Libra stablecoin explained at Money 20/20 conference in Las Vegas about how the network aims to transform the traditional payments industry.
Bitwise: Facebook’s Libra Moved Bitcoin and Cryptocurrencies Ahead by Three Years
A cryptocurrency index fund provider Bitwise based in the US is of the opinion that the Facebook-owned stable Libra has accelerated the growth of cryptocurrencies by three years.
Facebook’s Libra Move to Apply for Swiss Regulator FINMA License: A Failed Permissionless Network?
Libra is moving away from its original plan of permissionless digital currency, widely accessible for the public, due to ongoing unprecedented hardship. Libra will be moving towards a coin that would be subject to foreign exchange controls and regulations.
What Happened: US Committee Hearing with the SEC on Crypto and Libra
The United States House of Representatives Financial Services Committee held a hearing on Sept. 24 with the Securities and Exchange Commission’s (SEC) five commissioners. Vital topics covered in the hearing include the consideration of cryptocurrencies as securities, regulation of Facebook’s Libra and Calibra, and insider trading.
Facebook’s Libra Creating Shadow Monetary Ecosystem Warns FAC
Facebook’s creation of cryptocurrency Libra will spawn a ‘shadow banking’ system outside of sanctioned financial markets according to US banks.
Facebook’s Libra Co-Creator Thinks Bitcoin is Not a Currency
Speaking as a guest on CNBC, David Marcus initially talked about Libra setbacks, stating that Libra, Calibra, and Facebook would need time to allow digital money access and services to form for users around the world as well as his thoughts on BTC.
Bruno Le Maire Insists He Cannot Support Facebook’s Libra
Since the social media giant, Facebook announced its plan to launch its digital currency known Libra, one critic has repeatedly made his opinion known. Bruno Le Maire cannot and will not support the stablecoin project.
Calibra CEO Defends Libra at Its First Major Encounter with 26 Global Central Banks
David Marcus, the CEO of Calibra, behind Facebook’s Libra has announced that the proposed stablecoin would not be a threat to the monetary sovereignty of nations as suggested previously by regulators.
US Senator Sherrod Brown: Facebook is delusional
“Mark Zuckerberg has said that Facebook is more like a government than a company. That’s delusional.” US Senator Sherrod Brown said in a video tweet.