By John P. Mello Jr. Jul 17, 2019 2:51 AM PT The U.S. Treasury Department has “very serious concerns” about Facebook’s new Libra cryptocurrency, according to Secretary Steve Mnuchin. “Libra could be misused by money launderers and terrorist financiers,” he told reporters at a White House press conference Monday. “Cryptocurrencies, such as Bitcoin, have been.
Facebook on Tuesday released details about Libra, its long-rumored cryptocurrency. The company outlined plans “for a new decentralized blockchain, a low-volatility cryptocurrency, and a smart contract platform that together aim to create a new opportunity for responsible financial services innovation.” The aim is to help people worldwide, especially in developing nations, gain access to a.
For years, rumors have swirled about Facebook’s entry into cryptocurrency while the social media giant worked quietly to figure out its approach. Details are emerging. In this post, I’ll explain Facebook’s plans and the impact on ecommerce merchants. Facebook GlobalCoin Facebook is reportedly rolling out a digital payments system next year that will allow Facebook.
Facebook has come under fire for its Ad Library application programming interface. The API lets users perform customized keyword searches of all active and inactive ads related to politics or issues of national importance stored in the Ad Library. Released in beta last summer, the archive became available to everyone in March, following pressure from.