Libra

The social network Facebook will pay a certain percentage to the holders of its Global Coin, which is preparing for an early launch. This assumption was made by a member of the Wyoming blockchain working group, Caitlin Long, Forbes writes. According to Long, the company will make a profit from a basket of currencies and low-risk securities that will be used to secure cryptocurrency. "For every $ 10 billion in […]

The largest social network in the world Facebook will introduce white paper to its Global Coin cryptocurrency on June 18th. It is reported by TechCrunch, referring to the statement by the manager of the European branch of Facebook, made at the conference Money2020. In addition to a company spokesperson, TechCrunch also received an application to publish certain news material from a member of the blockchain division of Facebook. Nevertheless, the company refused […]

Operator of the world's largest social network Facebook Inc. will launch a new payment network based on its own cryptocurrency in the “dozen countries” in the first quarter of 2020, the BBC reports. The publication claims that Facebook consults with representatives of the US Treasury Department and the Bank of England manager Marc Carney regarding the regulation of the initiative, code-named Libra. At the same time, the Financial Times […]

The largest social network Facebook has registered Libra Networks in Switzerland, Switzerland, Reuters reports. Thus, in the register of business entities of Geneva it is indicated that Libra Networks is registered on May 2 by the company Facebook Global Holdings. “Purpose: the provision of services in the field of finance and technology, as well as the development of infrastructure and software, in particular, related to investment activities, payment transactions, financing, […]