Category: Libra
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Facebook Cancels Calibra Launch in India
It is no news that the Indian government frowns at cryptocurrency and anything related to digital assets, and that recently included Facebook’s crypto, Libra and its Calibra wallet, which have been surrounded by so many controversies recently. Days after Indian government officials publicly expressed discomfort with Facebook plans concerning its cryptocurrency Libra and were looking…
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Debut cryptocurrency, Bitcoin surges over $13k, raises concerns of a possible $1k ETH.
Bull runs are often the time of harvest for many in the cryptocurrency space. 2019 is becoming to look like a promising year for the Cryptocurrency and Bitcoin community as the almost a year and a half old bear market (from the first quarter of 2019 through the second quarter of 2019) is going away…
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Facebook’s Backed Cryptocurrency Libra Might Suffer Drawback as ECB Calls for Stiff Regulations.
Controversy surrounds the planned Facebook cryptocurrency launch in early 2020 as the European Central Bank (ECB) calls for prompt regulation in response to the Facebook backed Libra launch. According to ECB Board member Benoit Coeure, it would be a very wrong signal to the financial ecosystem if they allow the Facebook Libra project to kick…