
Why the name change? Facebook’s Libra becomes Diem to gain approvals
Facebook-backed cryptocurrency Libra has been rebranded Diem in a renewed effort to gain regulatory approval by stressing its independence. Read more…
Facebook-backed cryptocurrency Libra has been rebranded Diem in a renewed effort to gain regulatory approval by stressing its independence. Read more…
Facebook’s planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs. Read more…
You have to hand it to Facebook and its partners in Libra, they don’t give up easily. The whole project seems to have lost impetus – to be polite. Read more…
Australia’s financial regulators may force Facebook to reveal details about its plans for a global cryptocurrency called Libra. Read more…
The major components of the Facebook led cryptocurrency Libra has faced setbacks over the last two weeks that have basically crippled the initiative. Read more…
Facebook’s ambitious digital currency Libra suffered severe setbacks as major payment companies including Mastercard and Visa quit the project. Read more…
Visa, Mastercard and other key financial partners may reconsider their involvement in Facebook’s cryptocurrency Libra, the Wall Street Journal reports. Read more…
China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would be able to be used across major payment platforms. Read more…
Japanese authorities have set up a working group to discuss the impact Facebook’s proposed Libra could have on monetary policy and financial regulation. Read more…
The US House Financial Services Committee has written Facebook a letter asking the company to put Libra on hold while the risks and benefits of the proposed cryptocurrency are fully assessed. Read more…
BoE Governor – Facebook cannot expect its new Libra currency to benefit from the same unregulated free-for-all that helped the company in social media. Read more…
Now, Facebook has turned (properly) to payments and the service will be called Libra, but for Facebook it might just be too little too late, trust-wise. Read more…
Facebook’s Libra, part of an effort to expand into digital payments has immediately raised privacy concerns and potential political backlash. Read more…
Facebook plans to launch a cryptocurrency called Libra next year as part of its wider efforts to expand into e-commerce and global payments. Read more…
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