Facebook’s Libra Pushes Back at Claims Project Is Threat to Financial Stability

The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens nations’ financial stability. In interview with French daily Les Echos on Thursday, Bertrand Perez, the association’s general director, played down concerns over potential disruption to the monetary policies of central banks with currencies included in the Libra reserve – a […]

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Facebook Libra Brings ‘Risks and Opportunities’: Swiss Watchdog Chief

The head of the Swiss financial markets watchdog has spoken out on the perceived pressure for the nation arising from Facebook’s Libra cryptocurrency project being based in Geneva, as well as the potential opportunities cryptocurrency tech brings. In an interview with the Neue Zuercher Zeitung newspaper, Mark Branson, director of the Financial Market Authority (FINMA), said that […]

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Tom Lee Is Afraid Trump will Institute a Bitcoin Ban

Fundstrat Lead Analyst Thomas Lee shared his worst nightmare on Twitter and it involved the U.S. President placing a ban on Bitcoin. Is Libra Dragging Bitcoin Down? As the US Congress and Senate hearings on Facebook’s Libra cryptocurrency wrapped up, members of the Trump administration shifted their gaze onto Bitcoin and cryptocurrency as a whole. […]

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