Currency

Facebook’s Zuckerberg grilled over Libra currency plan

Image copyright AFP Facebook CEO Mark Zuckerberg has tried to reassure sceptical US lawmakers over the safety of the social network’s proposed digital currency Libra. At a fractious hearing in Washington, members of Congress attacked plans for the payment system, warning it could be abused by criminals and terrorists. Mr Zuckerberg was also challenged over …

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#339: Michael Solomon on the Most Important Currency in Today’s Economy

#339: Michael Solomon on the Most Important Currency in Today’s Economy

In the latest podcast episode, Ilise Benun continues the conversation with marketing professor, Michael Solomon, who literally wrote the book on consumer behavior. Today’s topic is the most important currency being exchanged in today’s economy (it’s not money) and what designers and other creative pros can do about it. Hear more from Michael at the brand …

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PayPal pulls out of Facebook’s digital currency Libra due to hightened scrutiny- Technology News, Firstpost

tech2 News StaffOct 05, 2019 09:43:50 IST PayPal has pulled out of Facebook’s digital currency project, known as Libra, a blow to the social media company that has faced stronger-than-expected scrutiny over its proposed creation of an alternative payment system. Facebook Libra. Image: Reuters. The digital payments company said Friday it is withdrawing from the …

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Libra Currency Backers Reconsidering Involvement

The Wall Street Journal (WSJ) is reporting that financial backers of Facebook’s cryptocurrency, Libra, are having second thoughts. According to sources familiar with the situation, Visa and Mastercard—both members of the Libra Association created by Facebook to oversee the project—are having doubts about continuing to back the currency amid criticism from various governments. Neither of …

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