Tag: Facebook

Facebook
December 20, 2019 BY Mariela Naydenova

Libra comes up with new 2.0 Roadmap for the 2020 launch

Libra is going full force with new roadmap for its 2020 launch. While regulatory concerns may have delayed the plans of Facebook to launch its cryptocurrency project, the company has designed a new plan for the upcoming start of Libra. The information about the second roadmap comes from a blog post from Libra's developers. They…

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Analyst predicts Facebook’s FaceCoin could earn up to $19 billion by 2021
October 24, 2019 BY Mariela Naydenova

Mark Zuckerberg grilled by AOC over political ads

While we are all watching to see what will happen to Facebook's Libra, there is very interesting point to note about Mark Zuckerberg's recent testimony before the US Congress. The comments about Libra were not surprising at all and the reaction of congressmen was not either. It seems that Libra is not going to be…

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Facebook
October 22, 2019 BY Mariela Naydenova

Libra to peg cryptocurrencies to national currencies?

Libra, having faced extreme scrutiny from regulators, has reportedly decided to turn its sight to a more regulatory-friendly zone: national currencies. Reuters reported on Sunday that Facebook is currently considering pegging the Libra cryptocurrencies to national ones. One option is the dollar. The main goal of Facebook is to develop a more efficient payments system.…

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Facebook
October 11, 2019 BY Mariela Naydenova

Zuckerberg to testify before Congress - update on Libra

After the solid rumours that Facebook's Libra is going to be postponed for 2020, Zuckerberg is now facing Congress on the 23rd of October. With that there were also speculations that the COO of the company, Sheryl Sandberg may also testify regarding the project. The information comes directly from CNBC. Mark Zuckerberg will be the…

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Analyst predicts Facebook’s FaceCoin could earn up to $19 billion by 2021
September 30, 2019 BY Mariela Naydenova

Libra may be delayed until 2020

Facebook's ambitious cryptocurrency venture, Libra, has financial regulators around the world on their feet and thinking how a tech company's digital currency rival with national fiat ones, established monetary policies and even national security. All of these concerns and many more have now caused the launch of Libra to get delayed, most likely up until…

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Analyst predicts Facebook’s FaceCoin could earn up to $19 billion by 2021
September 10, 2019 BY Mariela Naydenova

How Facebook's Libra omitted the Chinese Yuan

The buzz around Facebook's Libra stablecoin is gone off through the roof, as some might say. The truth is that the cryptocurrency project undertaken by Facebook has shaken regulatory bodies around the world so "violently" that they cannot simply decide if Libra is a huge opportunity or huge threat. However, there are certain details around…

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