Facebook’s Libra Cryptocurrency Facing Oppositions on All Sides

Facebook’s planned introduction of its Libra cryptocurrency is facing opposition on all sides that an actual launch by year 2020 could be stalled. As it is, U.S. legislators, financial regulators and government officials not only in the U.S. but also in EU countries are wary that a payment processing system running on blockchain technology and operated by Facebook, presents serious concerns and issues. Lawmakers cannot accept the social media company’s motives at face value, since the Libra business model when combined with the Facebook social site is regarded as much too invasive over users’ private information. In enticing FB denizens …

Lawmakers Raised Concerns On Facebook’s New Crypto Project

The blockchain technology and cryptocurrency have shown its potentials and many have yet to discover what it can really do. BitSeven, for instance, is an advanced platform for exchange and trade for Bitcoin, Litecoin, Ethereum, and Ripple. As it has seen the potentials of cryptocurrency, the development of the platform started with a collaborative effort between financial professionals, software developers as well as with traders who are knowledgeable and experienced with crypto exchange and trade. Aside from BitSeven, there are other companies who have developed crypto exchange and trading platforms, whereas others have created their own crypto coin. Despite these …

Types of Loans You must be Aware of

When in search for a debt financing option to launch or expand your business, you are quite in luck for there are numerous options that you can turn to. This includes but not limited to: Commercial lenders Banks and; Personal credit cards The best thing about this is that, you do not have to pinpoint the exact loan type you needed before approaching a lender. It’s for the reason that they are the one who would help you decide what kind of financing is suitable for your needs. On the other hand, you need at least a general idea of …