Standard Chartered Senior Bank Lobbyist Added to Facebook’s GlobalCoin Project

16 Juin, 2019, 07:27 | Auteur: Auguste Feret
  • Standard Chartered Senior Bank Lobbyist Added to Facebook’s GlobalCoin Project

Facebook has reportedly enlisted over a dozen fintech companies to back its foray into the crypto space; including PayPal, Mastercard, Uber and Visa, the Wall Street Journal reported on Friday.

The two experts expect that Facebook's currency will be used for payments, commerce, applications, and gaming across the firm's ecosystem, including image-based social media platform Instagram and encrypted messaging service WhatsApp.

Mahaney and Schwartzman also repeated previously reported expectations that Facebook will release their currency's white paper on June 18, following in Satoshi's footsteps to explain the fundamental protocols that will underpin Libra, the internal codename for the project.

Rumors are that the new cryptocurrency will be a stablecoin and will be backed by multiple fiat currencies across the globe.

Captain Sarfaraz urges Pakistan to improve fielding against India
Warner, who notched his 15th ODI century, said Australia's lower-than-expected total had left the game in the balance. Waqar believes Pakistan were done in by the new ball, in both batting bowling, against Australia on Wednesday.

Powerful 7.4 quake north of New Zealand
The Pacific Tsunami Warning Center measured the quake at 7.4, but it was later downgraded to 7.2 by the U.S. The huge tremor struck near New Zealand's Kermadec Islands at about 11.55pm on Saturday (GMT).

Prosecutors drop Flint, Michigan water charges over ‘flawed’ probe
All charges in the Flint water case were dismissed without prejudice allowing the A.G.'s office to refile if necessary. In a statement , Representative Sheldon Neeley (D-Flint) said the dismissal is an insult to the people of Flint.

FT has not provided any sources confirming Bowles switch from Standard Chartered to Facebook and his LinkedIn profile maintains the position of Managing Director at the bank.

No confirmation has been provided by Facebook, Bowles, or the former employers of Bowles. The hiring is targeted at GlobalCoin, a cryptocurrency the social media company intends to announce later this monthreports Financial Times on June 14, 2019.

Not everyone is so enamored of the upcoming Facebook Coin. The latter means several things for the cryptocurrency industry and one of such is legitimizing the crypto space which is mostly run by hype and speculation. This is in addition to the $1 billion in VC funding Nathanial Popper of the New York Times has reported that Facebook is seeking, either as an investment or for collateral.

Charlie Shrem, one of the most respected figures in crypto, stated that FacebookCoin was an attempt by the banks, credit card companies and big tech to attract people away from BTC by offering them a so-called better and easier crypto.

Conseillé:

  • L'ex-président Béchir inculpé pour corruption — Soudan

    Béchir était aussi interrogé au sujet de suspicions de blanchiment d'argent et de "financement du terrorisme ". Le pays est classé au 172ème rang, sur 180 pays, selon le rapport 2018 de Transparancy International.
    Man City boss Guardiola won't take sabbatical

    Man City boss Guardiola won't take sabbatical

    The manager has since won the Premier League title in the past two seasons, having finished his first season in charge in third place.
    Amanda Knox accuses the media of building a false story around her

    Amanda Knox accuses the media of building a false story around her

    The US national was cleared of killing Ms Kercher - found with her throat slashed in Perugia in 2007 - by an Italian supreme court four years ago.
  • Nouvelle attaque contre un aéroport : 5 drones interceptés

    Nouvelle attaque contre un aéroport : 5 drones interceptés

    Parmi les blessés suite à l'explosion du projectile, huit ont été hospitalisés tandis que les autres ont reçu des soins sur place. L'officier saoudien a promis une riposte "rapide et ferme à ces actions de manière à dissuader les milices terroristes ".

    Phoenix officer pulled gun after child took doll from store

    Meyer did leave out important details from the report, so his statement about Ames shoplifting may not be entirely accurate. That's when the officer aggressively sweeps his leg, then yells, "If I tell you to do something, you [expletive] do it".
    Trump revient sur ses propos concernant l'aide étrangère contre ses rivaux

    Trump revient sur ses propos concernant l'aide étrangère contre ses rivaux

    Donald Trump Junior, 41 ans, qui gère les affaires familiales à la tête de la Trump Organization, est attendu vers 09H15 (13H15 GMT) au Sénat, selon cette source.
  • Encephalitis 'linked' to lychee kills dozens of children in India

    Encephalitis 'linked' to lychee kills dozens of children in India

    The government said that 12 districts are now under watch, though the deaths have so far been confined to Muzaffarpur . A separate makeshift ward, too, is full with children suffering from AES symptoms .
    Tyson enters plant-based meat market

    Tyson enters plant-based meat market

    Last week, the Swiss food giant said it plans to launch its Sweet Earth brand Awesome Burger in the USA this fall. Along with egg white, the chicken-less nuggets also use pea protein, in addition to flaxseed and bamboo fiber.
    Disha Patani celebrates her birthday with rumoured beau Tiger Shroff

    Disha Patani celebrates her birthday with rumoured beau Tiger Shroff

    Talking about her work, she is busy with Malang with Kunam Kemmu, Aditya Roy Kapur and Anil Kapoor. Disha shared a picture of the new member of her house and wrote: "Welcome to the family "keety".
  • Toronto Raptors win NBA Finals - and possibly a trip to Israel

    Toronto Raptors win NBA Finals - and possibly a trip to Israel

    Nelson with Alameda County Sheriff's office in a phone interview. "That's when our deputy goes hands-on and moves Mr. The video appeared to show Ujiri holding some type of credential in his right hand while standing by the court.
    United Nations  suspends handover of camps in Sudan's Darfur

    United Nations suspends handover of camps in Sudan's Darfur

    Russian Federation and China however said the drawdown must continue as planned with a view to end operations in 2020. The target for ending the mission is June 30, 2020, and Ahmed urged the council to keep to that timetable.
    Etats-Unis: Trump rencontre Charles, le

    Etats-Unis: Trump rencontre Charles, le "prince des baleines" - Monde

    Une erreur qui a sûrement fait rire jaune l'héritier du trône britannique, mais qui a surtout provoqué l'hilarité des internautes. Le président américain a en effet désigné le prince Charles sous un titre original, et doit depuis s'en mordre les doigts.


Populaire

Newey's Aston Martin Valkyrie to race at Le Mans in 2021
The Le Mans-spec Valkyrie will be powered by an evolution of the production model's high-revving V12 engine modified for racing. We can't wait to hear the wail of the Valkyrie's high-revving V-12 as the vehicle charges down the Mulsanne straight.

NASA renames street for 'hidden' black women mathematicians
According to NASA , Mary Jackson "very well may have been the only black female aeronautical engineer in the field" in the 1950s. NASA Administrator Jim Bridenstine said the agency is "celebrating those figures that at the time were not celebrated".

GOP Rep. Duncan Hunter’s Wife Pleads Guilty to ‘Knowingly’ Misusing Campaign Funds
Hunter, who represents an area outside of San Diego, was reelected in November by a slim margin, despite the charges. She faces up to five years in federal custody and a $250,000 fine when she is sentenced September 16.

Deux policiers parisiens soupçonnés d'avoir protégé et racketté des dealers
Il s'agit d'un brigadier âgé de 45 ans, et d'un gardien de la paix de 38 ans. Deux autres suspects ont également été mis en examen .

Sergio Ramos s'est marié — Buzz
Le défenseur et capitaine du Real Madrid , Sergio Ramos , s'est marié samedi à Séville avec sa compagne Pilar Rubio . Pour leur mariage, Sergio Ramos et Pilar Rubio ont déjà annoncé leur intention de refuser les cadeaux.

Roland-Garros: La FFT lance un appel d'offres pour les droits TV
France Télévisions et Roland-Garros sont associés depuis plus de trente ans. Roland-Garros se prépare à des changements.

Trump Says Does ‘Not Particularly’ Believe in UFOs
In a recording of the call, Mr Schiff also said he would tell the Federal Bureau of Investigation . ABC News' George Stephanopoulos asked Trump about McGahn's testimony in an interview this week.

Patrick Reed flips the lid after 18th hole implosion at US Open
Reed broke the wedge over his thigh after leaving the ball in the rough on a delicate chip from right of the 18th green. Reed posted a double bogey seven, leading to a show of frustration that would surely make Bo Jackson proud .

Deepika Padukone to Get a Whopping amount for 83
Though initially Deepika was a bit reluctant to sign the film as it was a supporting role, she later agreed to do it. Interestingly, Deepika Padukone has a limited role to play yet she is paid a whopping amount for the same.

United Airlines flight skids off runway at Newark Liberty International Airport
The FAA was en route to the airport to begin an investigation, the agency said in a statement via Twitter. The FAA said the plane will be towed off the airfield after passengers leave the aircraft.