Facebook News

Facebook’s Calibra Sued for Copying Startup’s Logo
Facebook’s Calibra Sued for Copying Startup’s Logo
11 October 2019, 21:12
Current, an app-based banking platform filed a civil complaint against Facebook for using a logo that is too similar to their’s for the planned Calibra wallet.
The Plan Is Still to Launch Libra in 2020 ⁠— David Marcus
The Plan Is Still to Launch Libra in 2020 ⁠— David Marcus
20 September 2019, 20:12
Facebook's David Marcus has said that “the goal is still to launch Libra next year" despite the ongoing tussle with regulators.
Mark Carney Calls for Libra-Like Currency to Replace the USD
Mark Carney Calls for Libra-Like Currency to Replace the USD
24 August 2019, 15:40

In the wake of increased tension in the ongoing US and China war, Bank of England, Governor Mark Carney has proposed a solution to end the Dollar's position as the global reserve currency.

Mike Pompeo Says Anonymous Crypto Decreases Global Security
Mike Pompeo Says Anonymous Crypto Decreases Global Security
20 August 2019, 18:55
U.S Secretary of State Mike Pompeo spoke to CNBC about the emergence of cryptocurrencies as a tool for bad actors.
Senators Skeptical As Facebook’s Libra Hearing Gets Adjourned
Senators Skeptical As Facebook’s Libra Hearing Gets Adjourned
16 July 2019, 17:13
An overview of David Marcus's hearing before the U.S Senate Banking Committee concerning Libra.
Libra Target? U.S Lawmakers to Ban Big Tech Firms from Finance
Libra Target? U.S Lawmakers to Ban Big Tech Firms from Finance
15 July 2019, 10:55
U.S lawmakers reveal ploy to keep big tech firms like Facebook out of finance.
Libra ‘Cannot Go Ahead’ Until Facebook Satisfies Regulators
Libra ‘Cannot Go Ahead’ Until Facebook Satisfies Regulators
10 July 2019, 19:02
Jerome Powell, Chairman of the United States Federal Reserve Bank, has said that Facebook cannot go ahead with its Libra cryptocurrency until there is “broad satisfaction with the way the company has addressed money laundering.”
U.S Congress Officially Tells Facebook to Stop Libra
U.S Congress Officially Tells Facebook to Stop Libra
03 July 2019, 05:35
The United States Congress sent an official letter to Facebook Inc., demanding that the company stops the development of its planned Libra cryptocurrency and native wallet, Calibra.
BIS Thinks Facebook’s Libra and Tech Companies Could Hurt Banks
BIS Thinks Facebook’s Libra and Tech Companies Could Hurt Banks
24 June 2019, 08:08
Bank for International Settlements released a report on how the entrance of big tech companies such as Facebook, Google, Amazon, and Alibaba could potentially hurt banks and cause global financial instability.
Facebook Spoke to the U.S Fed Before Unveiling Libra
Facebook Spoke to the U.S Fed Before Unveiling Libra
19 June 2019, 21:07
Jerome Powell, Chairman of the United States Federal Reserve confirmed that Facebook met with the agency before releasing Libra.
Facebook Officially Announces Regulated Libra Currency
Facebook Officially Announces Regulated Libra Currency
18 June 2019, 11:24
Facebook has officially revealed that it is in partnership with 27 other organizations working on the invention of a new cryptocurrency that will be called Libra.
Facebook to Release its Cryptocurrency This Month
Facebook to Release its Cryptocurrency This Month
05 June 2019, 23:12
Facebook is officially releasing its long muted cryptocurrency later this month according to recent reports
John De Mol Sues Facebook Over Fake Crypto Ads
John De Mol Sues Facebook Over Fake Crypto Ads
05 June 2019, 18:49
John De Mol filed a lawsuit with the Amsterdam District Court against Facebook, regarding a fake cryptocurrency ad they allowed to run on their platform.
Facebook Meets With CFTC to Discuss GlobalCoin
Facebook Meets With CFTC to Discuss GlobalCoin
03 June 2019, 07:00
United States Commodity and Futures Trading Commission (CFTC) has held “very early stages of conversations” with Facebook regarding their proposed cryptocurrency, GlobalCoin.
No More Secrets; Mark Zuckerberg Called out over Secret Crypto Project
No More Secrets; Mark Zuckerberg Called out over Secret Crypto Project
10 May 2019, 18:28
The U.S Senate Banking Committee told Facebook’s CEO, Mark Zuckerberg to reveal more information about the secret cryptocurrency-payment system they are developing.
Preparing For Launch? Facebook Loosens Crypto Ad Policy
Preparing For Launch? Facebook Loosens Crypto Ad Policy
08 May 2019, 21:41
Facebook has updated its crypto-ad policy today to include major changes that will promote crypto adoption. Is that a promotion strategy for its proposed stablecoin?
Does the Rumoured Facebook Coin Endanger Bitcoin’s Future?
Does the Rumoured Facebook Coin Endanger Bitcoin’s Future?
04 March 2019, 13:31
Does the FacebookCoin endanger Bitcoin’s future? In this article, we put both cryptocurrencies into perspective and consider what possibilities lie ahead.
Facebook Is Developing A Stablecoin For WhatsApp Money Transfers
21 December 2018, 16:48
Facebook.Inc will make its first mark in the payment sector by creating a stablecoin that will enable users on their encrypted messaging platform, WhatsApp, to send money.