04

Mar

Facebook ‘rethinks’ plans for Libra cryptocurrency

Facebook is reportedly rethinking its plans for its own digital currency after resistance from regulators. It is now considering a system with digital versions of established currencies, including the dollar…

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24

Oct

Facebook’s Zuckerberg grilled in US Congress over ‘risky’ Libra

Facebook Inc CEO Mark Zuckerberg conceded that the company's planned digital currency Libra was a "risky project," but sought to reassure sceptical US lawmakers that it could lower the cost…

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19

Oct

France, Italy and Germany preparing measures to block Facebook Libra

France, Italy and Germany are together preparing measures to block Facebook's new Libra cryptocurrency from use in Europe, French Economy Minister Bruno Le Maire announced Friday. France 24 reports Le…

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12

Oct

Mastercard, Visa and eBay quit Facebook’s proposed Libra global digital currency group

Facebook's proposed global digital currency has suffered a setback after major payment companies including Mastercard, Visa and eBay pulled out. Stripe and Latin American payments company Mercado Pago also announced…

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05

Oct

PayPal pulls out from Facebook’s Libra digital currency project

PayPal is pulling out of the Facebook-led Libra project, in a major blow to the social media platform’s plans to launch a global digital currency. FT reports that the payments company…

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14

Sep

France and Germany agree to block Facebook’s Libra

France and Germany have agreed to block Facebook’s Libra cryptocurrency, the French finance ministry said on Friday. In a joint statement, the two governments affirmed that “no private entity can…

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21

Aug

Facebook’s Libra faces EU antitrust scrutiny

Facebook’s proposed digital currency Libra faces anti-trust probe by European Union regulators, Bloomberg reported, citing a document seen by the organization. The European Commission is “currently investigating potential anti-competitive behaviour”…

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12

Jul

Midday Dispatch – Corporate and Financial News

Donald Trump has launched a stinging attack on cryptocurrencies, including Facebook’s proposed Libra coin, and warned that the social media network might be subject to full banking regulation if it…

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24

Jun

Midday Corporate Dispatch – Financial and Corporate News

These are the salient financial and corporate news. Provisional figures for Malta’s external transactions show that during January-March 2019, the current account balance recorded a surplus of €48.9 million as…

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23

Jun

Cartoon – Spare some Crypto Change?

First published in Le Temps, Switzerland, June 18, 2019 By Chappatte Via Politico

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