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 […]