Facebook’s Libra currency ‘could undermine ECB’: official | Sci-Tech | thenews.com.pk |

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Listen Facebook’s Libra currency ‘could undermine ECB’: official Widespread adoption of Facebook ´s proposed “Libra” cryptocurrency could harm the European Central Bank´s ability to manage the eurozone economy and threaten the euro itself, a top official said Monday. Facebook announced Libra in June, promising the digital currency would be backed by real assets to escape…

ECB Exec Rips ‘Cartel-Like’ Facebook Libra in Blistering Takedown

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Yves Mersch, a member of the European Central Bank’s executive board, warned of the dangers of the “cartel-like, “treacherous” Facebook Libra crypto.| Source: AFP PHOTO / DANIEL ROLAND A member of the European Central Bank’s executive board sounded the alarm on the “treacherous, cartel-like” Facebook Libra cryptocurrency. Yves Mersch issued a damning warning to not…

Europe must ignore ‘treacherous promises’ of Facebook’s Libra digital currency, says ECB

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“Beguiling but treacherous” promises about Facebook’s Libra digital currency could undermine the European Central Bank’s ability to set monetary policy, according to a top ECB official. T he technology giant is planning to launch its Libra cryptocurrency next year, which will be traded on Facebook’s apps and used for making money transfers or paying for…

New Zealand Police Gazettes, Carnegie Corporation, Facebook Libra, More: Friday ResearchBuzz, August 30, 2019

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The Miami Herald is lifting its paywall in advance of Hurricane Dorian.Details here: https://www.miamiherald.com/news/weather/hurricane/article234511972.html . NEW RESOURCES National Library of New Zealand: Black sheep in the family? .“What do Agnes Vallance, Agnes Skervington, Amy Laing, Amy Bennett, Amy Cameron, Amy Shannon, Amy Chanel, and Percy Redwood all have in common? Well, they are all aliases…

The Petro: Is it a ‘Shuddering Failure’ and a ‘Laughing Stock’? What Can We Expect?

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maduro_petro.jpeg President Maduro unveils Venezuela’s Petro cryptocurrency.(Reuters) Some days ago, an article by the Venezuelan economist Luis Enrique Gavazut caused great controversy on social media.Entitled “One Year from the Recovery, Growth and Prosperity Plan: What of the Petro?” and published on economics website 15yUltimo , which is run by [former Vice President for Economy] Luis…

The Bank Of England Governor Proposed A Radical Competitor To Bitcoin And The U.S. Dollar

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Bitcoin and cryptocurrency competitors are in vogue at the moment with both social media giant Facebook and China planning their own digital currency projects .The bitcoin price, despite suddenly plummeting this week , has climbed this year largely because the likes of Facebook and South Korean technology behemoth Samsung have tacitly endorsed bitcoin and cryptocurrency…

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