• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    mining

    Increased Demand Requires Increase in Nodes. Here’s Everything You Need to Know About Bitcoin Mining During Lockdown

    Bitcoin wallet

    BitcoinOfficial.org- Create a Bitcoin Wallet. Official Website.

    Bitcoin price

    What Drives Bitcoin Price?

    Mining

    Railway Authorities in Ukraine Shut Down Unlawful Mining Outfit

    Bitcoin

    Economic Crises Will Not Affect Bitcoin: Ledger Founder

    Supply and Demand

    Bitcoin’s Demand and Supply Dynamics are Constant: Bitwise COO

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    price prediction

    Bitcoin, Ethereum, and Ripple Price Prediction in June 2020

    XTZ

    TEZOS (XTZ) Join the Top 10 Crypto Coin List

    MakerDAO

    MakerDAO to Implement New Security Feature After Loophole Detected in System

    BCH

    BCH Successfully Completed a Scheduled Fork, Added Minor Upgrades

    CUSD Stablecoin

    Canadian BVCI Launches Another Stablecoin CUSD

    EOS network

    EOS Network Is Running on Borrowed Resources After EIDOS Airdrop

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    How to Make the Right Decision before Investing in Crypto

    How to Make the Right Decision Before Investing in Crypto

    Decentralized Marketplace

    What are Decentralized Marketplaces?

    Cryptocurrency is Here to Stay

    5 Reasons Why Cryptocurrency Is Here to Stay

    Web3 Pets

    Spotlight on Web3 Pets – Will 2023 Be Their Year?

    Crypto Swapping

    A Definitive Guide on Swapping Cryptocurrency

    crypto casino games

    What Are the Most Profitable Crypto Casino Games?

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Creator Refutes Claims that Libra Cryptocurrency Will Threaten Monetary Sovereignty

Tony P. by Tony P.
September 16, 2019
in Altcoin News, Latest News

Libra cryptocurrency co-creator David Marcus has refuted claims by world regulators that the stablecoin, which is due for launch in 2020, will threaten monetary sovereignty of other nations.

Marcus who took to Twitter on Monday (September 16, 2019), stated that Libra is intended to be a “better payment network and system running on existing currencies…there’s no new money creation, which will strictly remain the province of sovereign nations,” he explained.

The senior official further mentioned that Libra has a 1:1 backing from a group of strong currencies to a strong regulatory oversight that prevents the Libra Association from leaving its full 1:1 backing commitment.

Keeping Libra Out of Europe

Earlier last week, France Minister of Economy and Finance, Bruno Le Marie, maintained that the country would stop the progress of Libra cryptocurrency in Europe, as it threatens the monetary sovereignty of nations.

“I want to be absolutely clear: in these conditions, we cannot authorize the development of Libra on European soil,” Marie said.

The minister was speaking at the launch of the Organization for Economic Cooperation and Development (OECD) Global Policy Forum 2019, which took place in Paris, France.

In June this year, Le Marie is on record saying that Libra must not get the green light to become a sovereign currency.

Meanwhile Libra Association Head of Policy and Communications Dante Disparte said the Libra project has met the world’s fiercest criticism since the announcement to have it launched. However, he said the Association welcomes the scrutiny and deliberately created a long runway for the official launch, so they could have the necessary conversations, educate stakeholders, and include the feedback in the design.

Repeating his previous remarks, Marcus also stated that the Libra Association will continue to engage with regulators worldwide to address their concerns the design and operations of the Libra coin.

Marcus wrapped up by saying:

“I’m looking forward to the Libra Association taking on full leadership of the project soon after its charter has been ratified so I can focus on building @calibra.”

Tags: cryptocurrenciesDavid MarcusLibrastablecoin
Previous Post

Coinbase Pro To Add Support For DASH

Next Post

Bitcoin ATM Network Expansion Gets $1.5 Million Funding from CoinMe

Tony P.

Tony P.

Invest at your own risk notice : The information on this website and the links provided are for general information only and should not constitute any financial or investment advice. We strongly recommend you to conduct your own research or consult a qualified investment advisor before making any financial decisions. We are not responsible for any loss caused by any information provided directly or indirectly on this website.

Related Posts

CZ tweets on FTX

CZ tweets on FTX: “Sad day. Tried, but [crying emoji]”

by Hellen
November 10, 2022

CZ, the CEO of Binance, tweets, "Sad day. Tried, but ," regarding the fully acquire of FTX.com.  https://twitter.com/cz_binance/status/1590463239925944320 On...

Google Cloud Is Indexing Solana Data

Google Cloud Is Indexing Solana Data and Bringing it to BigQuery

by Hellen
November 8, 2022

Google Cloud has announced that it is working with Solana to bring Blockchain Node Engine to the Solana chain next...

Mark Zuckerberg’s Meta Mismanagement Ruined the Stock Price

by Hellen
October 27, 2022

If you checked the stock market, Meta's stock has reached $114.20. Not bad, some would say. But considering that the...

What Is “Play-to-Earn” Gaming?

by Hellen
May 19, 2022

To think about all the ways that life has changed over the last twenty years thanks to the unprecedented rise...

health blockchain

Patient Data-Ownership Movement Launched

by Hellen
April 15, 2021

EHR Data has been hard at work for the past couple of years in developing a global healthcare database on...

Froge Coin

FROGE Coin Is Now Live – Get It While It’s Fresh

by Hellen
March 10, 2021

Today marks the launch of the biggest meme coin competitor- Froge Coin . The blockchain is an all-in-one cryptosystem that...

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

Guides & Reviews

How to Make the Right Decision before Investing in Crypto

How to Make the Right Decision Before Investing in Crypto

January 18, 2023
Decentralized Marketplace

What are Decentralized Marketplaces?

January 16, 2023
Cryptocurrency is Here to Stay

5 Reasons Why Cryptocurrency Is Here to Stay

January 11, 2023
Web3 Pets

Spotlight on Web3 Pets – Will 2023 Be Their Year?

January 10, 2023
  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.