News
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…
Libra
News
Facebook’s Libra Association tries again with revamped structure
Facebook’s planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs. Read more…
Views
Where on earth is Facebook going with Libra? Desperation City?
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…
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…
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…