Facebook Kisses up to Banks as Pushback Threatens Libra Crypto – CCN.com

Facebook Kisses up to Banks as Pushback Threatens Libra Crypto – CCN.com

The conspicuous absence of even a single bank as a founding member of Facebook’s cryptocurrency project was never “intentional,” according to the co-creator of  Libra, David Marcus. Facebook, he said, would love to have banks involved. No banks in Libra Association? No worries In an interview with Swiss newspaper Neue Zurcher Zeitung, Marcus revealed that…

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Facebook Libra’s USD-EUR-GBP-JPY-SGD Crypto Basket May Reject China’s Yuan – CCN.com

Facebook Libra’s USD-EUR-GBP-JPY-SGD Crypto Basket May Reject China’s Yuan – CCN.com

Facebook’s fiat-pegged ‘cryptocurrency’, the Libra, may reportedly avoid including China’s Yuan among its list of supported state currencies. | Source: ShutterstockThe basket of fiat currencies in the line up to back Facebook’s Libra “cryptocurrency” may not include the Chinese Yuan.According to Bloomberg, the likely backers include the US Dollar, the Euro, the British pound, The…

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