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Libra Hearing Fails to Assuage Senior Lawmakers’ Concerns

Following testimony before the United States House of Representatives Financial Services Committee earlier today, lawmakers are still concerned about the possible launch of the Libra stablecoin.On Oct. 23, legislators heard statements from Facebook CEO Mark Zuckerberg and posed questions covering a variety of topics from Libra to Facebook's data policies and

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Libra Labeled a ‘Monetary Threat’ By Senior US Bank Executives

Libra, the underfire planned cryptocurrency from Facebook (NASDAQ:FB), has been described as a monetary threat by senior US bank executives in a meeting with the Federal Reserve.  Senior Bank Execs Opposed to Libra Libra has been heavily scrutinized by regulatory bodies and financial institutions across the globe since it was first announced

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Ripple Senior Executive: Facebook Libra Crypto Project Is a Walled Garden

In a recent CNBC interview, Ripple’s senior vice president of customer success Marcus Treacher has described Facebook’s Libra crypto project as a “walled garden,” meaning a closed system.He also added that in contrast with Facebook Libra, Ripple (XRP)trade is no walled garden; however, the social media giant’s entry into the

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Senior Ripple Exec Attacks Facebook’s Libra Over Centralization

Marcus Treacher, a senior executive at blockchain cross-border remittance giant Ripple is seemingly kicking-off a modern “cola war” with their emerging rival Libra, Facebook’s controversial cryptocurrency. Treacher, the head of Ripple’s strategic accounts globally, criticized the so-called Facebook cryptocurrency for being “a walled garden.” The executive stressed that

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eToro Senior Analyst Mati Greenspan’s 3 Favorite Crypto Picks – CCN.com

eToro Senior Market Analyst Mati Greenspan revealed his favorite three cryptocurrencies to hold for the long term. | Source: Shutterstock; Edited by CCNeToro senior markets analyst Mati Greenspan isn't one to mince words. When responding to a query on entry-level crypto investing, the portfolio manager didn't hesitate to point

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