News Failure to Launch? European Regulators Say Facebook’s Libra Hasn’t Answered Their Concerns Regardless of geography and even politics, regulators are united on at least one topic: Facebook’s Libra cryptocurrency needs to provide more details.By Victoria Hudgins 12:30 PM Amanda Bronstad | September 17, 2019 Bob Clifford of Clifford Law Offices was appointed lead counsel…
Month: September 2019
Banks Are Set to Lose $280 Billion in Revenue — Here’s Who Could Take It From Them | The Motley Fool
Within the next few years, banks could lose billions of payment-based revenue.Motley Fool Staff Sep 23, 2019 at 5:00AM According to a recent report, banks could lose up to $280 billion in revenue from payment processing services.The reason? Fintech start-ups like Square ( NYSE:SQ ) , PayPal ( NASDAQ:PYPL ) , and others disrupting the…
Vimeo Launches a New Way to Find and Hire Top-Tier Video Pros
AIT News Desk 23 Sep 2019 News , Video Leave a comment 118 Views Vimeo introduced a new tool for businesses, brands, and agencies to find and hire world-class video professionals.The platform now offers a “For Hire” marketplace that provides anyone looking to produce high-quality video with a simple, effective way to source the industry’s…
Seed CX Slashes Rates as Crypto Trading Fee War Looms
Sep 20, 2019 at 18:00 UTC Updated Sep 20, 2019 at 20:18 UTC news Cryptocurrency exchange Seed CX has cut its fees to gain market share as competition piles into the crypto trading space. Margin compression across the industry is the result that the most popular exchange services become commoditized as crypto usage proliferates. Fees…
Seed CX Slashes Charges as Crypto Buying and selling Price Struggle Looms | | Blockchain News
Cryptocurrency exchange Seed CX has cut its fees to gain market share as competition piles into the crypto trading space. Margin compression across the industry is the result of the most popular exchange services become commoditized as crypto usage proliferates. Fees for takers is down to five basis points from eight bps on the Seed…
Daily analysis of cryptocurrencies 20190922(Market index 37 — Fear state)
Facebook Buys Chatbot Startup To Integrate Into Calibra According to a report of Israeli business newspaper the Marker on Sept 19, Facebook has acquired the artificial intelligence-based chat-bot startup Servicefriend for customer service for Calibra, the digital wallet for Facebook’s planned Libra cryptocurrency.UK Regulators Attempting To Ban Crypto Derivatives, CoinShares Fights Back CoinShares is responding…
Facebook’s Libra cryptocurrency
by barrister • 0 Comments Facebook’s plans to introduce its own cryptocurrency has provoked an increasingly strident reaction from some of the world’s most powerful nations. Facebook is the driving force behind the Libra Association, which last June announced plans to create a global digital currency.Facebook’s new subsidiary, Calibra, plans to build an app to…
Harmony Gold Mining Co. (NYSE:HMY) Position Boosted by Renaissance Technologies LLC
Adverum Biotechnologies (NASDAQ:ADVM) Sees Unusually-High Trading Volume Harmony Gold Mining Co.(NYSE:HMY) Position Boosted by Renaissance Technologies LLC Harmony Gold Mining Co.(NYSE:HMY) Position Boosted by Renaissance Technologies LLC – Filed Under – by Patrick Bannon Tweet Renaissance Technologies LLC increased its holdings in Harmony Gold Mining Co.(NYSE:HMY) by 21.7% in the second quarter, HoldingsChannel.com reports.The institutional…
Bet your bottom dollar, the future of currency is digital
If the U.S.is smart, it will wake up and start competing for dominance in digital payments Niall Ferguson is the Milbank Family Senior Fellow at the Hoover Institution, Stanford “How would you like to pay for that, sir?” For most of my lifetime, there have been three possible answers to that question: cash, a cheque…
Facebook Libra rejected by France as “dangerous”
Facebook’s original motto: “Move fast and break things.” France’s finance minister Bruno Le Maire: Non merci, not our global economy, you don’t. Last week, on Thursday, 13 September, Le Maire said in a speech at the OECD Global Blockchain Policy Forum 2019 – a digital currency conference – that he sees Facebook’s forthcoming Libra cryptocurrency…