Key Libra Association Members Support Rival Celo Alliance
Key members of the Facebook-led Libra association are now supporting a potential rival of the project: the Celo Alliance which is looking to issue the […]
Libra
Shopify Joins Facebook Libra Association
Canada-based e-commerce giant, Shopify, has joined the Facebook-led Libra Association in a bid to “improve commerce.” Shopify has reportedly helped over one million business open […]
Steve Mnuchin, U.S. Treasury Secretary ‘Okay’ With Facebook’s Libra
Steve Mnuchin, the secretary of the U.S. Treasury, has revealed he is “fine” with the launch of the Facebook cryptocurrency Libra, as long as it […]
And Facebook’s Libra Testnet Registered Over 51,000 Transactions …
Facebook’s Libra cryptocurrency testnet has reportedly registered over 50,000 transactions since it was reset on September 17th. According to a blog post by Michael Engle, a […]
‘Facebook Pay’ Goes Live in the U.S. – Details
Facebook announced the launch of “Facebook Pay”, on On Tuesday November 12th. This Facebook pay will simplify payments across Facebook’s four social media platforms, i.e. […]
Mastercard Executive says they withdrew from libra over regulatory concerns
Ari Sarker, a Mastercard executive said the institution withdrew from the Libra Association after realizing that “basic core tenets” of regulatory compliance were not being […]
Huang Qifan says Chinese Central Bank will Issue Digital Currency first, Slams Libra
Chinese official, Huang Qifan, believes that Facebook’s Libra is bound to fail saying that China’s central bank will be the first to issue a digital […]
David Marcus Promotes Libra’s Money Laundering Standards
David Marcus, Calibra CEO has claimed that the Anti-Money Laundering (AML) standards of Libra, Facebook’s proposed stablecoin project — will be better than other payments […]
Mark Zuckerberg Submits Testimony Ahead of Congressional Hearing
Ahead of Facebook CEO’s anticipated appearance before the U.S. House Financial Services Committee on Wednesday morning (EDT), Mark Zuckerberg submitted his written testimony on Tuesday. […]
German Finance Minister Wants Libra Launch Stopped – Details
The Finance Minister of Germany has said that the launch of Facebook’s digital currency libra should be stopped. At the IMF and World Bank fall […]
Libra Association Advances, Member Organizations’ Loss Notwithstanding
The Libra Association held an important meeting in Geneva, Switzerland in order to establish a formal governance structure. This article presents the highlights of this meeting. […]
Libra Shouldn’t Be Launched Until Its Risks Are ‘Addressed’ – G7
Some of the world’s biggest economies believe Facebook’s cryptocurrency Libra should not be launched until its potential risks as “adequately addressed.” This was revealed by […]
Coinbase CEO says US Response to Facebook’s Libra Is ‘Ridiculous’
CEO of major crypto exchange Coinbase, Brian Armstrong, via Twitter on October 5 said he expects the United States government to react to China’s stablecoin […]
Winklevoss Twins Wants To Team Up With Libra Association
Cameron and Tyler Winklevoss are thinking of teaming up with Mark Zuckerberg as part of the Libra Association after their $65 Million settlement with Mark […]
Libra and All You Need To Know About It – Info-graphic
It is very hard to hear the facts that there are still some people who don’t have access to basic financial infrastructure and 31% of […]
Swiss Privacy Regulators Say Facebook Not Responding To Libra Letter
Swiss privacy regulators said that social media giant Facebook has not yet responded to requests for more liaison. According to Reuters , the Swiss Federal […]
Some Comments From Libra Hearing at US House of Representatives
The United States House of Representatives Financial Services Committee invited Facebook’s David Marcus yesterday July 17th. Marcus, the CEO of the Calibra wallet service for […]
Watch Facebook’s Libra Hearing at the House Financial Services Committee
Yesterday, the 17th day of July 2019, the U.S. House Financial Services Committee spoke with Facebook executive David Marcus on the social media giant’s proposed […]
Facebook’s Libra Will Be Fined $1 Million Per Day – New US House Bill
According to Reuters, a bill to fine tech firms such as Facebook $1 million per day if they eventually issue cryptocurrencies is being circulated by […]
Bank of England Governor Says Libra Is A Solution to Financial Problems
Mark Carney, Bank of England governor said people need to understand the issues Facebook is attempting to solve with Libra. Carney delivered his remarks at […]
David Marcus Tells Congress That Libra Will Cooperate
The head of Calibra at Facebook, David Marcus, has written to Chairwoman Maxine Waters and members of the House Financial Services Committee in preparation for the upcoming […]
David Marcus Of Facebook Addresses Libra Trust Issues
The head of Calibra at Facebook, David Marcus, said that Libra users will not have to put their trust in Facebook. He said this in a post on […]
Facebook’s Interest In Cryptocurrency Poses Risks To Banks
The Bank of International Settlements (BIS) warned that the financial services about to be offered by firms like Facebook, Google and Amazon could generate new […]
Facebook’s Libra Will Not Be Legalized In Russia – Top Official
A top official in Russia has said that Facebook’s planned new cryptocurrency Libra will not be legalized in Russia. This is according to a report […]
Facebook told to pause Libra crypto-currency project
A US lawmaker said Facebook should pause the launch of its Libra crypto-currency. This is coming hours after the social network formally announced the project. […]
Bank of England Governor says Facebook libra cryptocurrency has its uses
The head of the United Kingdom’s central bank has said Facebook’s new libra cryptocurrency could useful if it can conform to regulatory demands. Speaking at a conference of central bankers in […]
Critics Come For Facebook’s Libra – Details
Cryptocurrency critic, Nouriel Roubini on Tuesday denounced Facebook’s Libra stablecoin. Just hours after Facebook published its Libra white paper, the respected New York University economics professor […]
Cryptocurrency Experts Aren’t Worried About Facebook’s Cryptocurrency Libra
Cryptocurrency experts have been revealing that they are not worried about Facebook’s new stablecoin, set to be named Libra via their various social media handles. […]