News
Australia to press Facebook for details on Libra cryptocurrency
Australia’s financial regulators may force Facebook to reveal details about its plans for a global cryptocurrency called Libra. Read more…
Libra
Views
Is the backlash over Libra about more than just Libra?
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…
News
Mastercard, Visa quit Facebook’s Libra digital currency project
Facebook’s ambitious digital currency Libra suffered severe setbacks as major payment companies including Mastercard and Visa quit the project. Read more…
News
Visa, Mastercard, others having second thoughts about Libra
Visa, Mastercard and other key financial partners may reconsider their involvement in Facebook’s cryptocurrency Libra, the Wall Street Journal reports. Read more…
News
China’s cryptocurrency like Libra, across major payment platforms
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…
News
Japan working group discusses impact of Facebook’s Libra
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…
Views
Facebook is facing further hurdles on its road to Libra
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…
News
BoE warns Facebook, Libra not to expect unregulated free-for-all
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…
Views
Facebook, Libra – freedom, justice and money
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…
News
Facebook’s Libra faces privacy concerns, political backlash
Facebook’s Libra, part of an effort to expand into digital payments has immediately raised privacy concerns and potential political backlash. Read more…