Tag: Facebook

Swiss President: Facebook’s Libra has “Failed”
Blockchain

Swiss President: Facebook’s Libra has “Failed”

In a recent interview, Ueli Maurer — the president of Switzerland — expressed his discontent with the developing Facebook-led digital asset, Libra. Maurer says the project, at least in its current form, has failed for a number of reasons. Libra’s ‘Failure’ According to the Swiss President Explained Ueli Maurer is currently the president of the…

US Congressman: Facebook’s Libra will be Regulated as a Security
Blockchain

US Congressman: Facebook’s Libra will be Regulated as a Security

During a recent podcast, United States Congressman Warren Davidson (R-OH) shared his thoughts on Facebook’s developing stablecoin, Libra. Ultimately, Davidson says Libra should be regulated as a security, but he also claimed Facebook would be better off with Bitcoin altogether. Will Facebook’s Stablecoin Libra be Regulated as a Security? Congressman Davidson is one of the…

Zuckerberg Hesitant to Announce a Launch Date for Facebook’s Libra
Blockchain

Zuckerberg Hesitant to Announce a Launch Date for Facebook’s Libra

Earlier this month, Facebook’s Libra was said to launch sometime in 2020. Yet recently, Facebook CEO Mark Zuckerberg has remained hesitant when asked if the 2020 launch date is still part of Libra’s timeline. When will Facebook’s Cryptocurrency Libra Launch? Facebook’s developing— and controversial— cryptocurrency Libra was officially announced back in June. Still however, a…

Controversies over Libra Widen the Gap Between Cryptocurrencies and Security Tokens
Blockchain, Opinions

Controversies over Libra Widen the Gap Between Cryptocurrencies and Security Tokens

Security tokens have always been offered as the regulated, compliant alternative to ICOs and cryptocurrencies more generally. The current controversies over the Libra demonstrate this in full.  The hype surrounding security tokens is surely building in the background. With the Libra taking heat from the highest levels of power in the United States and elsewhere,…

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