Calibra

The largest social network Facebook has announced a set of specialists who must ensure that the Calibra mobile wallet and the Libra digital currency comply with legal requirements. It is reported by CoinDesk. In particular, among the published vacancies, there is a specialist who will deal with the analysis of regulatory requirements and the formation of a policy for the implementation of appropriate control. This employee is expected to interact with the Calibra Legal & Political Team […]

Chairman of the House Financial Representatives Committee of the US House Maxine Waters said that her department will continue to study in detail the features of the cryptocurrency initiative Libra from the largest social network Facebook. Congresswoman introduced the agency’s work plan for this fall. The list of tasks, in particular, contains an obligation to continue studying Libra and the Calibra wallet, created by Facebook. The committee also intends to learn the views of […]

At least three Libra members are considering leaving the project from the largest social network Facebook, according to the Financial Times. According to the publication, two members of the Libra Association are discussing what should be the "next right steps." A third unnamed member of the association is seriously concerned about possible problems and excessive oversight by regulators. In a conversation with the Financial Times, one of the partners stated, […]

Facebook CEO Mark Zuckerberg said that the world's largest social network does not abandon plans to launch a digital currency, Libra, and will spend "as much time as it takes" to win over regulators and other interested parties. Zuckerberg made a corresponding statement this week during a conference call with investors on Facebook, during which he tried to reassure […]

Calibra CEO David Marcus has published a written version of his upcoming speeches in the US Congress. In it, he stressed that the activities of the Libra Association consortium will be regulated by the Swiss Financial Market Supervision Authority (FINMA), and the launch of the Libra project will not take place until the doubts of regulators are resolved. Marcus Testimony 7-16-19 by ForkLog on Scribd “I expect the period […]