Is This Facebook’s First Step Towards Replacing the U.S. Dollar With Libra as Global Reserve Currency?

Is This Facebook’s First Step Towards Replacing the U.S. Dollar With Libra as Global Reserve Currency?

Reports indicate that the U.S. dollar will have the largest representation in the basket of currencies that will underpin Facebook’s forthcoming Libra cryptocurrency, sparking renewed fears that the greenback’s reserve-currency status will be upended by the social media network. Dollar Will Dominate Libra’s Basket of Currencies According to Spiegel Online, the U.S. dollar will make…

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Facebook’s Crypto Libra Isn’t Getting Away With Measly Swiss Payments License – CCN.com

Facebook’s Crypto Libra Isn’t Getting Away With Measly Swiss Payments License – CCN.com

Switzerland’s financial regulator will subject the ‘Libra’ project to further scrutiny. | Source: ShutterstockSwitzerland’s financial regulator has indicated that Facebook’s cryptocurrency project Libra will be required to meet additional requirements besides getting a payment system license prior to starting operations.In a press release, the Swiss Financial Market Supervisory Authority (FINMA) stated that the various services…

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Find a Bug in Facebook’s Libra Crypto Software and Get Paid $10,000 – CCN Markets

Find a Bug in Facebook’s Libra Crypto Software and Get Paid $10,000 – CCN Markets

Facebook’s Libra cryptocurrency project is offering up to $10,000 to security researchers to find security flaws in its testnet. | Source: Shutterstock Facebook’s cryptocurrency project is offering security researchers from anywhere in the world thousands of dollars to find bugs in its Libra cryptocurrency testnet. The Libra Association, which is in charge of the cryptocurrency…

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Facebook’s Aging Users & Broke Teens Will Reject GlobalCoin: Report

Facebook’s Aging Users & Broke Teens Will Reject GlobalCoin: Report

Facebook’s Aging Users & Broke Teens Will Reject GlobalCoin: ReportFacebook’s aging user base and falling teen demopgraphic means choppy waters ahead for the adoption of Mark Zuckerberg’s cryptocurrency GlobalCoin. | Source: AFP PHOTO / JOSH EDELSONBy CCN: Excitement for Facebook’s forthcoming cryptocurrency, dubbed GlobalCoin, may have hit its first roadblock in adoption.Poor Demographics for GlobalCoinAccording…

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Facebook’s Secret Cryptocurrency Led by PayPal Alumni Targets India Launch

Facebook’s Secret Cryptocurrency Led by PayPal Alumni Targets India Launch

Facebook’s Secret Cryptocurrency Led by PayPal Alumni Just ‘Months Away’ from India LaunchFacebook is reportedly launching its cryptocurrency in India, a market of 300 million WhatsApp users. | Source: Shirish Shete/Press Trust of India via APBy CCN.com: Facebook’s much-hyped cryptocurrency project, dubbed Project Libra, may launch in India within a matter of months, according to…

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