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DW Business July 4, 2019 03:02:00 - Vimarsana News

DW Business July 4, 2019 03:02:00

Facebook says it wants to empower billions of people yet again and now its fledgling cryptocurrency libera faces more scrutiny from both sides of the atlantic also coming up find out what happened to nike ambassador calling kept her name criticized a controversial new line of sneakers and well take you to sunny portugal over the aagaard the region wants to reduce its dependence on travel savvy brits amid looming bricks. Welcome to the program. U. S. Lawmakers have urged facebook to halt its cryptocurrency plans they want time to investigate the risks libera poses to the Global Financial system...

Detailed text transcripts for TV channel - DW - 20190704:03:03:00 - Vimarsana News

Detailed text transcripts for TV channel - DW - 20190704:03:03:00

A new global currency designed for the digital world facebook has promised finance for the future with its new crypto currency and i'm saying its arrival mark zuckerberg said libra would empower billions of people even those without bank accounts will be able to send money around the world with these what's more facebook says libra will be what's called a stable coin meaning it will have none of the volatility associated with bitcoin and other quick 2 currencies it says it will ensure that by linking its value to other established global monetary systems. major corporate players are already ba...

Detailed text transcripts for TV channel - DW - 20190703:21:18:00 - Vimarsana News

Detailed text transcripts for TV channel - DW - 20190703:21:18:00

A stable coin meaning it will have none of the volatility associated with bitcoin and other quick 2 currencies it says it will ensure that by linking its value to other established global monetary systems. major corporate players are already backing libra even if some of the world's financial leaders are not. the bank of england approaches libor with an open mind but not an open door. and now a group of u.s. lawmakers has written to facebook asking them to put their crypto currency plans on hold until congress can assess the risk it poses nevertheless facebook's plans to disrupt money continue...