Facebook cryptocurrency

stablecoins

Can Stablecoins Bring Financial Stabilization? See What US Federal Reserve Says

Stablecoins! Are they here to bring financial stabilization? Or, leaving us in the same state we are now? Details explained here! Keep reading and you’ll get to know… The US Federal Reserve comes out with new findings of financial stability. Surprisingly, the US Federal Reserve is supporting the use of stablecoin wholeheartedly. Most of the […]

Facebook-Pay

Facebook Pay: New Payment System by Social Media Giant after Libra

Facebook, the social media giant, launches a new fiat payment system called Facebook Pay. The announcement comes soon after regulators stonewall its Libra stablecoin project. Facebook Pay allows users to buy and sell things online across Facebook, Instagram, Messenger, and WhatsApp. The VP, marketplace & commerce at Facebook, Deborah Liu said that people use Facebook’s […]

Keyless Wallet

ZenGo Tests Keyless Wallet for Facebook’s Crypto Libra

ZenGo, the non-custodial crypto wallet has come up with proof-of-concept for a keyless wallet for Facebook’s Libra coin. They have successfully managed to send/receive Libra using the keyless wallet. However, this was carried out on a testnet. The development on the wallet was shared on an official blog post of ZenGo…

eToro's tokenized assets on Libra

EToro Issues Tokenized Assets On Facebook Libra

The trading and multi-asset brokerage company eToro has trial tested the capabilities of Facebook’s Libra. It was a successful trial for issuing the tokenized assets on Libra protocol. According to Github, the firm was testing to build eTokens on Libra. The eToken is the technology for the tokenized assets of eToro. The firm’s researchers wanted […]

Facebook Libra

Facebook Crypto has No Plans to Launch in India

India and cryptocurrencies can never go together. Again this statement is going to prove as true. According to hearsays, Facebook crypto Libra has no plans to arrive in India. The country has no permit to allow the use of cryptocurrencies. Libra crypto wallet Calibra will not be available in the regions that don’t permit crypto. […]

Facebook's Cryptocurrency in Russia

No Facebook Cryptocurrency in Russia.?

Anatoly Aksakov, a chairman of the Russian State Duma committee says that Facebook’s Cryptocurrency will not be legalized in Russia. He believes the cryptocurrency might pose a threat to the country’s financial system. Apart from this, he also said Russia has no plans to legalize the active circulation of virtual currencies that are based on […]

Facebook Libra

Facebook Crypto Libra Faces First Hurdle: Lawmakers Voice Opposition Citing Privacy Concern

The ghost of user privacy and data leaks is back to haunt Facebook again. It’s not even one day past the release of the whitepaper of crypto project Libra, there is a wave of opposition rising against the Facebook crypto. Maxine Waters, head of the U.S. House of Representatives Financial Services Committee wants Facebook to […]

Facebook Libra

Facebook Releases the White Paper for its Cryptocurrency Libra

Finally, putting an end to all the hypes and hearsays, Facebook has released the white paper for its brand new stable coin cryptocurrency Libra. This crypto will operate on the Libra blockchain. Interestingly, the social media giant mentions that the software on which the blockchain Libra is working is an open source application. This will […]