According to The Wall Street Journal, Facebook will peg its own cryptocurrency against government-issued digital currencies with the aim of bypassing harsh fluctuations in value and price of other tokens.
Facebook won't directly control the coin, nor will the individual members of the consortium known as the Libra Association.
Social media giant Facebook will unveil the Libra Association, which will operate its bespoke cryptocurrency Libra, on June 18, cryptocurrency news outlet The Blockreported on June 14. Apparently, biggies like Visa, MasterCard, PayPal and Uber have all joined the consortium of investors providing funding to the project.
Pogba's image and charisma make him a gold mine
The World Cup victor now earns £290,000-per-week but is set to be offered the same terms as current top-earner Alexis Sanchez. The Italian champions are also sniffing around, but Pogba seems to favour a move to Spain.
In other news, Facebook has allegedly secured the support of over 12 companies for its digital currency project which will soon be launched. Facebook is expected to introduce its cryptocurrency on June 18. It is reported that those who invest will be network node operators.
With Argentina-based e-commerce site MercadoLibre, fintech company Stripe and hotel-reservation website Booking.com having already signed up for the project, Facebook is reportedly planning to go global.
Interestingly, Mark Mahaney and Zachary Schwartzman, analysts at investment bank RBC Capital have opined that Facebook's stablecoin project "may prove to be one of the most important initiatives in the history of the company". The social network, which also owns WhatsApp and Instagram, announced earlier this year that it would focus more on private, encrypted messaging, responding to a barrage of data privacy scandals, including Cambridge Analytica, that caught the attention of lawmakers in the US and overseas. Bowles will be taking up his new role as Facebook's London-based director of public policy in September 2019.
Veena had once shared with a tabloid, "First that he beat me; second, that he disrespected me... not once, but repeatedly". Ever since Izhaan's arrival in her life, Sania has been updating her fans with little details about her baby boy.
The Indian skipper added that they will include Mohammad Shami who is raring to go. "Rohit's knock was outstanding today. He again showed today why he is such a good ODI player". "It was a team effort to get to 336".
The Associated Press reported that a justice official with knowledge of case also said Platini had been arrested. Platini was banned from all footballing activity after receiving and accepting a payment from Sepp Blatter.
Johnson said he bought that advice for years because he thought that was what he was supposed to do. "So, I made a choice". During her acceptance speech, mother-of-two Bullock said she took the film because "it was about family".
Sur le cliché, on aperçoit la minuscule main du bébé attraper le doigt du duc de Sussex . "Joyeuse fête des pères! ". Mais la reine Elizabeth, retenue par un engagement prévu auparavant, ne devrait pas assister à la cérémonie.
When asked if Bihar Chief Minister Nitish Kumar will visit the hospital, Rajak told media, "Everything is being monitored by CM". The minister said he met around 100 ailing children at the medical facility and their parents.
Une ressortissante Chinoise de 35 ans en visite en Touraine avec un groupe de 25 touristes a disparu depuis vendredi 14 juin . Les recherches menées avec un chien renifleur n'ont pour l'instant rien donné et un appel à témoins a été lancé.
Diffusé jusqu'à 23h00, le show organisé aux arènes de Nîmes a fédéré seulement 2,90 millions de téléspectateurs selon Médiamétrie. Il s'impose ainsi sur des chansons comme "Tout oublier" d'Angèle , "Copines" d'Aya Nakamura ou "Tiago" de Kendji Girac .
Actor Priyanka Chopra and her husband, singer Nick Jonas , have shared birthday wishes for her mother, Dr Madhu Chopra . She shared a separate post for Kevin Jonas Sr, in which she wrote: "Happy Father's Day". @madhumalati I love you.
The teaser didn't give away much, but on Monday, Amazon dropped a new trailer that, among other things, invokes the Spice Girls . The series also stars Karen Fukuhara , Laz Alonso , Tomer Kapon , Anthony Starr , Dominique McElligott , Jesse T.
Copa America: How Colombia beat Messi-led Argentina 2-0
Meanwhile, Argentina will be hoping to silence doubters against Paraguay on Thursday, June 20, in their second group game. Argentina can not afford to lose again in their remaining two group-stage matches against Paraguay and Qatar.
Who will be Britain's next prime minister? | Brexit
But some in the party say the membership vote could be skipped if Johnson is so far ahead that he looks unlikely to be beaten. He said Brussels did not see it as a credible threat because the European Union was aware of the damage it would do the UK.