Tagged: libra

June 18, 2019 @ 9:13 am By JD Alois  |  

Facebook (NASDAQ:FB) launched its long-anticipated cryptocurrency today with an onslaught of documents, commentary and punditry feedback. Two new websites were revealed each affiliated with a different aspect of their new crypto-ecosystem. First there is the Libra stablecoin, a global currency “backed by a collection of… Read More

June 14, 2019 @ 8:46 am By JD Alois  |  

Facebook’s long-anticipated cryptocurrency, labeled “Libra,” will finally make an appearance next week according to a report in WSJ.com. Libra is expected to be a stablecoin which will be a bespoke currency that is pegged to a bundle of fiat currencies. Stablecoins are typically pegged to… Read More

June 8, 2019 @ 8:38 am By Cali Haan  |  

Igor Sechin, head of Rosneft, Russia’s state oil company and reported second-in-command to Russian President Vladimir Putin, told colleagues in St Petersburg this week that the creation of a “Facebook  Global Coin” cryptocurrency could signal American tech companies’ ominous intention to start moving into oil… Read More

June 7, 2019 @ 7:48 am By Samantha Hurst  |  

After a couple of months of speculation, social media giant Facebook is reportedly planning to launch its very own cryptocurrency on June 18th. According to TechCrunch, the crypto, named Libra, will be making its debut with a white paper that explains the basics of the… Read More

July 26, 2018 @ 8:40 am By Samantha Hurst  |  

Five Degrees, a Netherlands-based fintech, announced on Thursday it has acquired Libra, a provider of core banking IT systems in the financial sector in Iceland. Five Degrees reported that the acquisition boosts its international growth ambitions, enabling the company to offer its full-service proposition of… Read More

November 22, 2016 @ 10:28 pm By Jessica Pham  |  

PwC launched earlier this month a new Fintech tool called the Vulcan Digital Asset Services, which digitizes everyday banking, commerce, and personal currency and asset related services.  Currently, specific services available include digital asset wallets, international payment processing, and investment and trading services.  In the near… Read More