Project Libra News

Adding to the swathes of problems and criticisms that have come since the release of the Libra whitepaper, Facebook’s crypto project. An anonymous developer has forked the Libra code and proposed a more privacy-oriented alternative. Subsequently the startup accused Facebook…

The biggest headline in crypto this month has been the launch of Project Libra by Facebook, which was announced along with a published whitepaper. Binance Research studied the whitepaper and drew their conclusions as to what Facebook is trying to…

On June 18, 2019, Facebook released the whitepaper of its highly-anticipated Libra cryptocurrency project, which is tipped to transform the blockchain and cryptocurrency industry forever. Libra Whitepaper According to the technical document, “Libra” will operate on Facebook’s in-house blockchain network…

In a bid to boost public confidence in its proposed GlobalCoin cryptocurrency and reassure financial regulators, leading social media network, Facebook is reportedly looking to hand over the management of Project Libra to an independent foundation. The Mark Zuckerberg-led firm…

Quoting a report by The Information, CNBC reported on June 5, 2019, that Facebook Inc. is expected to introduce its in-house cryptocurrency toward the end of June 2019. Facebook has Extensive Plans for its Cryptocurrency Facebook has managed to generate…

Facebook, a global social networking platform is reportedly meeting with one of the top U.S. financial watchdogs, the Commodity Futures Trading Commission (CFTC), as part of plans to make the launch of its GlobalCoin stablecoin as frictionless as possible, according…

Founders of Indian crypto and blockchain companies told Economic Times, May 13, 2019, that Facebook’s stablecoin would bypass Indian crypto regulation. It may also influence authorities to create constructive regulation for digital currencies in India. Hope Amidst Concerns Last week,…