BlackRock CEO: We Don’t Need Libra, We Need Technology

To reduce fees in cross-border transactions, the world does not need Libra, but technology, BlackRock CEO argued. CEO of the world’s largest exchange-traded fund provider BlackRock claimed that he does not consider Facebook’s Libra a cryptocurrency. The need to democratize foreign currency exchange In an interview with CNBC’s Squawk Box on July 19, BlackRock’s Larry Fink […]

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CNBC: Facebook Has Not Contacted Swiss Regulators On Libra’s Registration

A spokesman for the Swiss Federal Data Protection and Information Commissioner says that Facebook has not contacted it regarding Libra. Social media giant Facebook has reportedly not contacted Swiss regulators regarding the registration of its long-awaited cryptocurrency project Libra. On July 16, Hugo Wyler, a spokesman for and head of communication at the Swiss Federal […]

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