Facebook Cryptocurrency

Facebook CEO Mark Zuckerberg to testify before US panel regarding cryptocurrency Libra

The Democrat who chairs the panel has been fiercely critical of Facebook, wants to halt Libra project.

Six things Facebook CEO Mark Zuckerberg talked about in the leaked internal meeting audio

Zuckerberg addresses the government's attempt to break-up the company, it's competition with TikTok, Libra cryptocurrency, more.

Global regulators to question Facebook about Libra cryptocurrency amid EU concerns

Libra’s founders have also been invited to answer key questions about the currency’s scope and design.

Facebook Libra cryptocurrency will have to meet highest standards in the US

Any cryptocurrency project operating in all or substantial parts of the US will have to satisfy US regulatory standards.

Facebook needs to give more details on Libra, says Swiss data privacy watchdog

FDPIC sent a letter to the Libra association because it had not heard from the group about the project.

Distrust in Facebook was the universal sentiment at Libra’s US Congressional hearing

“Facebook has demonstrated through scandal after scandal that it doesn’t deserve our trust.”

Facebook Libra has to be 'rock solid from the start', says Bank of England Governor

U.S. Federal Reserve Chairman said that serious concerns need to be addressed before its launch

Facebook Libra can be good for the developing countries where people face cash crunch

Libra could provide a universal, stable currency without needing to set up an entire payment infrastructure.

Facebook's Libra cryptocurrency could be beneficial in developing economies

It could be a universal currency exchanged across multiple cellphone networks and across borders

Cryptocurrencies by big internet companies could face antitrust regulators

Central bankers and financial watchdogs have already raised concerns about Facebook’s Libra