Diem Association, the consortium founded in 2019 to build a payment network linked to the cryptocurrency promoted by Facebook, now called Meta, has reached an agreement to sell its technological assets to Silvergate Capital, an entity focused on bitcoin and blockchain companies, for 200 million…
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Browsing Tag
libra
WhatsApp Pay has been launched as a service in Brazil
The popular instant messaging application, WhatsApp, has launched a service that includes payment functions, called WhatsApp Pay, and will be available in Brazil as part of the tests carried out by the platform to guarantee its…
Libra’s core lies in blockchain technology
A senior executive of the Facebook Libra project, assured that the core of this cryptocurrency lies in blockchain technology.
Since the white paper of this digital asset was launched in June 2019, the stablecoin not yet launched continues…
Libra from Facebook to stablish a new financial system
After strong regulatory and political pressures seen in a large number of the countries of the world with respect to the stablecoin of Facebook, libra, the managers of the social network with greater percentage of users raises to generate…
Tagomi will join the list of Libra Association
Despite the growing hostility that has generated the virtual currency of Facebook in different parts of the world, Libra continues to join companies to the association in order to continue driving the project towards the crypto market.
On…
SEC reaches agreement with Longfin for fraud charges
Every day the regulatory agencies around the world are reqaching a very important role in the crypto world, in order to try to apply the existing financial regulations to the particular cases where cryptocurrencies or blockchain technology…
Advantages and disadvantages of digital money in times of Libra
Daily transformation that digital currencies create in the exchange methods and in our vision of life are advancing rapidly, are a challenge that goes hand in hand with the accelerated world of innovation in digital payment tools that has…
Blockchain remains at the top of the Chinese economy
The support of the president of China, Xi Jinping, to the blockchain pushed several investors to enter this market in a massive way. This trend shows the economic weight of the Asian giant and its empowerment towards the platform,…
German Finance Minister supports digital euro
Germany's federal finance minister, Olaf Scholz, said the digitization of the euro would be good for the European financial center while for private currency projects such as Libra from Facebook the head of the finance portfolio remains…
Facebook acquires Servicefriend to integrate it into Calibra project
The American company that offers social media and social media services made the decision to buy the chatbot company Servicefriend that will also be at the service of users affiliated with the Calibra technology platform.
As published in…
German Finance Minister says Libra should be avoided as a parallel currency
According to a document seen by Reuters, German regulators are working so that stable digital currencies do not become alternative currencies, ensuring that the currency driven by Facebook's social network will be clearly rejected.
The…
Libra Association launches a reward program for the public
Facebook remains in the eye of the world's financial regulators, particularly the United States and Europe, since the announcement of the possible launch of "Libra", its digital currency.
This Tuesday it was announced through the official…