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“# Law Decoded: Cents and stability, Nov. 20–27 ” Editor’s note As many of you were certainly following in real time, a bull market gave way to a bloodbath yesterday, which happened to be Thanksgiving in the U.S. Personally, I’ve never thought that Bitcoin’s price was any sort of proof of its value proposition, but…
“#Twitter and Facebook have gifted America a Trojan Horse” Andrew MacDougall: Social media has painted us into an awful corner where truth never catches up to the lie and emotion only ever ratchets up Andrew MacDougall is a director at Trafalgar Strategy, and a former Head of Communications to Prime Minister Stephen Harper On the…
“#Facebook reportedly launching Libra cryptocurrency next year” Facebook’s Libra cryptocurrency is set to make its debut in early 2021. The digital token from the world’s largest social network could launch as early as January — albeit in a scaled-back form, the Financial Times reports. The Geneva-based Libra Association that will issue the stablecoin will launch…
“# Facebook’s Libra to reportedly launch in January 2021 as USD stablecoin ” The long-awaited digital currency Libra could finally see the light of day as soon as January 2021, according to a new report. Following more than a year of scrutiny from global financial regulators, Libra will launch in a form of a United…
“# Facebook’s Libra hires former OCC prosecutor and central bank expert ” The Libra Association, which manages Facebook’s quiet cryptocurrency project, has appointed a general counsel to oversee the development of its forthcoming payment system. In an official press release, the Libra Association Wednesday introduced Saumya Bhavsar as the new general counsel of Libra Networks,…
“#Malaysian lawmaker calls for hate speech law after Reuters’ Rohingya report” KUALA LUMPUR – An opposition lawmaker called on Tuesday for Malaysia to outlaw online hate speech, accusing authorities of downplaying the gravity of an issue highlighted by a Reuters investigation into abuse on Facebook of Rohingya refugees and undocumented migrants. Citing the Reuters report…
“# BIS report suggests ‘embedded‘ monitoring tool for stablecoins ” Facebook’s proposal for its digital currency, Libra, was a wake-up call for international regulatory agencies, finance ministries and central bankers. All these actors recognized that the company’s reach across its three platforms had the potential to accelerate adoption of a global stablecoin to an unprecedented…
“#Targeting Trump fans, QAnon ad slips through Facebook’s filters” Despite Facebook’s efforts to tamp down on the fringe conspiracy QAnon movement, its backers are still finding ways to push its message on the platform — even paying Facebook to do so. Just days after announcing last month that it would ban QAnon theories from the…
“#Facebook’s new ‘Drives’ help collect food and clothing for people in need” Facebook today announced a new feature called Drives. No, that’s not a ‘drive’ in the sense of yet another cloud storage service, but instead in the sense of “clothing drive” or “food drive.” It builds on the social network’s fundraising tools for emergencies…
“#Facebook plans COVID vaccine push to win over Biden: report” Facebook is planning to encourage users to get vaccinated for coronavirus in an effort to win over Joe Biden’s incoming administration, a new report says. The social network is considering placing a banner at the top of its news feed encouraging users to take a…