Facebook's new cryptocurrency may launch this month, a report says
Facebook's new cryptocurrency may launch this month, a report says
Facebook to launch cryptocurrency this month — report
12 June, 2019, 05:28
A Facebook executive revealed that detail and also said the social network's cryptocurrency will be a stablecoin pegged to a basket of fiat currencies rather than just the US dollar.
The token will be initially accepted and used in Facebook's range of products such as WhatsApp, Messenger and Instagram, but Facebook's vision for Libra is an ambitious one, with the company also believed to be planning ATM-like physical terminals.
Despite all the different sources of information reporting the planned launch date of the cryptocurrency, it might be more important to actually know how the digital currency is set to work so as to be ready for it whether next year or on June 18th.
The move aligns with Facebook's push into e-commerce.
Messi unseats Mayweather as highest-paid athlete Formula One driver Lewis Hamilton and boxer Anthony Joshua (both at $US55 million) were the highest-earning British athletes. It all added up to a huge $127 million for Messi , who eclipsed Ronaldo's $109 million earnings by a whopping $18 million.
Yuvraj Singh Deserved a Better Send Off: Rohit Sharma Yuvraj came into India's One-day International (ODI) team in October 2000 during the ICC knockout tournament in Nairobi. The left-handed batsman played in 132 matches in his IPL career and scored 2,750 runs and took 36 wickets .
Also, in order to raise $1 billion, Facebook is allegedly been talking to major payment networks Visa and MasterCard that reportedly involves a stablecoin along with a crypto-powered online payments system. Reportedly, Facebook is preparing well by negotiating with financial institutions to help raise $1 billion worth of global flat currencies and securities with low risks that will serve as indemnity for the token's stability. To make the currency viable, Facebook has been working with governments to get approval for the token's use.
She added that she thinks Facebook will pay interest to the users of its cryptocurrency, and that data privacy discussions "are about to extend to money".
Laura McCracken, Facebook's head of financial services and payment partnerships for Northern Europe said that GlobalCoin would be revealed later this month, saying that a white paper for the token would be published on June 18.
Not everyone at Facebook is as excited for its cryptocurrency venture as Zuckerberg. And the main focus for Facebook would be fund transfer via remittance which is to send money home to family members. According to The Information, chief operating officer, Sheryl Sandberg, and chief financial officer, David Wehner, have expressed reservations internally.
Last year, Clint Bowyer scored a rain-shortened win in a race that was called after 133 of the scheduled 200 laps. Biffle will hop in and take the wheel of the the #51 Toyota for Kyle Busch Motorsports.
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Recovery efforts had been hampered by high springtime water levels, strong currents and near-zero visibility under the waterline. Nineteen South Korean tourists and a Hungarian crewman have previously been confirmed dead, with eight people still missing.
Although initial reports suggested that Ortiz was shot during a robbery, police no longer believe that to be the case. Ortiz played 20 Major League Baseball seasons before retiring at the end of the 2016 season.
Alvarez told the House Judiciary Subcommittee on Civil Rights and Civil Liberties that, "You all said you would never forget". Several members of the NY congressional delegation, including House Judiciary Committee Chairman Jerry Nadler and Rep.
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Given the gravity of the accusations the decision is being seen by supporters as a sign that they are anxious about the outcry. During his two decades in power, President Vladimir Putin has silenced most of his critics and muzzled the media.
It stands as the largest victory in an worldwide match. "When you get a deluge of goals like that, it's a good feeling". She was the first to get the USA on the board, scoring in the 12th minute and then again in the 53rd minute.
Alex Morgan scored a record-tying five goals and 21-year-old Mallory Pugh scored off of the bench in her Women's World Cup debut. Morgan refused to settle for a hat trick and tied this record by netting her final two goals in the 81st and 87th minutes.
Nizar Zakka, who has USA residency, flew to Beirut with Lebanon's security chief Abbas Ibrahim, the official told Reuters. He had just attended a conference there on the invitation of one of the country's vice presidents.
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I hope we can qualify for the knockout stage because these two goals are meant to help us do just that". Marta returned to practice last Tuesday after missing out on training since May 24 with the injury.
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UK PM candidate Harper: I want a new Brexit deal
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