Article first read on, Piiggy Bank. U.S. lawmakers are formally calling on Facebook to cease all development of its Libra cryptocurrency in a new letter sent to executives at the social media giant. Democrats from the U.S. House of Representatives wrote an open letter to Facebook Tuesday, calling on a moratorium to all libra development […]
Facebook unveiled its long-anticipated digital currency Libra on Today, marking the company's biggest push into the payments industry yet. The currency won't be publicly available until 2020, providing cryptocurrency enthusiasts with seemingly a small window of time to acquire certain assets before the normal market flow increases coin prices.
Facebook has been quietly building out its cryptocurrency for over a year, and it looks like that time has been well spent, enlisting the support of some of the most prominent companies across payments, retail, and technology.
Lite.IM the Litecoin wallet for SMS and Telegram has today added Facebook Messenger to its growing list of supported and interconnected platforms.Those already with an account can import their existing wallet simply by logging in. Meanwhile, users on Facebook “now have direct access to easily and securely, send, manage and invest in Litecoin.” Get started Michael […]
Major corporations are taking actions to prevent people from investing into cryptocurrency. Jp Morgan Chase, Bank of America, and Citi all have banned the use of their credit cards to purchase Bitcoin or cryptocurrency. Speculators and stock investors describe Bitcoin as a bad investment. Meanwhile...
Facebook’s ban on cryptocurrency adverts has added fuel to rumurs that the social network may take a foray into the world of digital coins. Facebook said its new policy, which prohibits adverts that relate to cryptocurrencies or initial coin offerings (ICOs) from the 2bn-user social network, is because they are “frequently associated with misleading or deceptive promotional practices”. On the surface it appears […]