What happen for the libra project

[rodel caling]

I am just curious about the libra coin, this recent month libra project is in the hottest news, but now currently I never heard about the latest news development for facebook libra project.

Their have any update...😀😀😀

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[eagleman]

It's because they were stopped and called by the legislators of US.
They think that it's going to be a threat to their current financial system for which they have to take a look closer with facebook's Libra project. No update until now but AFAIK, launching would be by next year Q1.

[rodel caling]

It's because they were stopped and called by the legislators of US.
They think that it's going to be a threat to their current financial system for which they have to take a look closer with facebook's Libra project. No update until now but AFAIK, launching would be by next year Q1.

Thank you very much mate for the information you answer my curiousity because a lot of people waiting for the success of the facebook libra projext.

[glendall]

I heard the latest news about the launch which was postponed until 2020,
but surprisingly there are still many people who send the ICO libra site, I think it's a scammer, and for ICO Libra I also haven't gotten clear news when to start ICO.

[torrantz]

I am just curious about the libra coin, this recent month libra project is in the hottest news, but now currently I never heard about the latest news development for facebook libra project.

Their have any update...😀😀😀

Libra still continues and it's not getting another delay and you can try to search libra-swiss based project and FINMA already made a good statement about that and that's why the US lawmaker is not feeling happy to see that.
https://www.swissinfo.ch/eng/facebook-cryptocurrency_libra-stablecoin-wants-swiss-financial-regulatory-control/45098688

[juperos]

I am just curious about the libra coin, this recent month libra project is in the hottest news, but now currently I never heard about the latest news development for facebook libra project.

Their have any update...😀😀😀

they are still going through many corporate hearings as well as their future plans.
This large project will have to be very difficult to develop properly. I think it will probably last until 2021.

[Baofeng]

I am just curious about the libra coin, this recent month libra project is in the hottest news, but now currently I never heard about the latest news development for facebook libra project.

Their have any update...😀😀😀

Already a wiki entry here, https://en.wikipedia.org/wiki/Libra_(cryptocurrency)

But there has been a lot of debates here, specially how Facebook handles personal information for those who are going to used this token. If you are also not aware of, Facebook will pay an unprecedented $5 billion penalty over privacy breaches. So there's a lot of qualms about what it can really bring into crypto sphere because majority thinks that it shouldn't be even called crypto.

[wildey]

I am just curious about the libra coin, this recent month libra project is in the hottest news, but now currently I never heard about the latest news development for facebook libra project.

Their have any update...😀😀😀

in the crypto article, very many people discuss libra. Well, of course, it's still quite a long time, but if you often read the article you will get the news. it's just that it's not news about its development because we know that not every developer needs to be reported. so I think, for its development, I also have not gotten more information.

but, here is some news that I found that discuss libra.

https://cointelegraph.com/news/libra-members-consider-quitting-project-due-to-govt-pressure-report
https://www.coindesk.com/rep-waters-says-congress-will-continue-review-of-facebooks-libra-crypto

may be useful

[Emilyp]

Fed called their attention moreover it as well faced diverse government interference all pointing to its regulation. We will have all news as regards its development soon when they've complied to government requirements for the project.

[jaocoincrypto18]

I am just curious about the libra coin, this recent month libra project is in the hottest news, but now currently I never heard about the latest news development for facebook libra project.

Their have any update...😀😀😀

There are some possible reasons of why they are in silent for the past weeks. Maybe they are expecting that the government will be against them in connection with FB Data privacy issue therefore they need more some preparation to counter this before launching it or maybe they are waiting for a bullish market to ensure that they could collect some huge investments too.

[indriasyifa]

as far as I know, Libra has not yet been developed, there are still some problems and there needs to be an understanding between the countries that exist in the world, because if libra develops it might affect the world finances, because if libra is developed then libra will move massively, because we know Libra is part of Facebook. and Facebook is used by more than 100 million people in the world in various countries.

[mindrust]

It was always "DOA". They tried to create a currency which could be transferred without any permits from the banks but the funders of this project still have to protect their main operations.

For example, UBER was a supporter but they still have to comply with the US laws because their main income depends on their main activity in the US.

If the government decides to not like libra, one way or another the funders of libra will have to leave it because if they don't they know their main operations will be in danger.

[bitcon]

I am just curious about the libra coin, this recent month libra project is in the hottest news, but now currently I never heard about the latest news development for facebook libra project.

Their have any update...😀😀😀

The simplest way to learn about the Libra updates is to Google. Recently, 3 large companies, which agreed to cooperate with Libra before, took a decision to leave the project. They said that Facebook does not have any clear plans for its new coin. besides, they are afraid that Libra will be regulated too strictly, which is not acceptable for them.
However, there is no news which companies were meant.

[joshua123]

I am just curious about the libra coin, this recent month libra project is in the hottest news, but now currently I never heard about the latest news development for facebook libra project.

Their have any update...😀😀😀

Many crypto enthusiast believe that libra isnt good and will be resulting on the same fate of Xrp who is under a big manipulative centralized coin. Yes its founder is famous and known to be a succesful person on social media. But I think it doesnt count as a reference on crypto to be succesful you need to work hard for it and gain some knowledge to pull off a succesful project in crypto. It will not be like bitcoin that slowly risen up. Maybe if hype is higher it can but only to know that libra is a hype then what good is that? Unless they can prove how good their platform is I stay put and watch over their advancement and progress.

[Darker45]

I am just curious about the libra coin, this recent month libra project is in the hottest news, but now currently I never heard about the latest news development for facebook libra project.

Their have any update...😀😀😀

Right now, the prospect of Libra Project getting launched in the year 2020 is getting bleaker and bleaker each day with various governments already pronouncing their reservations against the project. What is even worse is that some of the companies that used to throw their support to the project and even joined the Libra Association have also shown signs of backing out. Their actions are definitely under the influence or pressure of the US government and other governments that are against Libra.

However, all of these obstacles can only hold up to a certain point. It is only a matter of time before other huge companies in the world will convert themselves into blockchain and crypto. There is no stopping of the crypto adoption.

[freedomgo]

They already announce that they will launch next year, maybe next year we can see if they are gonna follow their timeline.
This project is controversial as this is a big project that the government has feared might be use for illegal activities or money laundering since sending money is just very easy, just like sending a message.

Though I'm not too familiar with the Libra platform but I can already feel it will be a big help in the crypto space but that would not be possible if they can't comply with the US regulatory requirement to launch.

Once this will be launch, I'm expecting more similar market will come to play in the market as this is a big success for crypto.

[eagleman]

It's because they were stopped and called by the legislators of US.
They think that it's going to be a threat to their current financial system for which they have to take a look closer with facebook's Libra project. No update until now but AFAIK, launching would be by next year Q1.

Thank you very much mate for the information you answer my curiousity because a lot of people waiting for the success of the facebook libra projext.

Be careful with those Libra that are circulating on the web.
They ask people to invest on their project but the reality is that Libra hasn't launched yet.

[rodel caling]

Different opinion and different information i got about libra, this all information i got from the comment of each forum member very helpful.

It's because they were stopped and called by the legislators of US.
They think that it's going to be a threat to their current financial system for which they have to take a look closer with facebook's Libra project. No update until now but AFAIK, launching would be by next year Q1.

Thank you very much mate for the information you answer my curiousity because a lot of people waiting for the success of the facebook libra projext.

Be careful with those Libra that are circulating on the web.
They ask people to invest on their project but the reality is that Libra hasn't launched yet.

.yeah mate thank for the remainder, that's why I ask information and update because i want to know and gathered information for the analysis the status.


Once again thank you very much to all.

[Moiyah]

I have heard Libra coin still has an issues with their government. Maybe, they are fixing it before finally launching the coin. Anyway, haven't heard Libra coin for quite some time now. The hype is already fading and people are now losing interest since Libra announced that the coin will be an stable coin and not like other altcoins.

This is the currenr update  1 day ago: https://www.coindesk.com/tensions-rising-at-facebook-libra-as-backers-consider-quitting-report

[jazmuzika217]

From the past weeks I did not see and read news and libra project. And I think there is something wrong to their project because all we know that they prepared in a very short period of time to launched their project, so I already expect this kind of problem because unlike other successful project they plan and prepared well for a year before launching the project.