Facebook Libra Cryptocurrency

France and Germany will block Facebook's Libra; want to build public cryptocurrency

French and German officials said that Facebook, as a private entity, can't claim monetary power

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's Libra cryptocurrency could be similar to China's proposed digital currency

Some analysts say China accelerated the push to the digital money after Facebook announced Libra

Facebook Libra could undermine European Central Bank's ability to set monetary policy

ECB board member Yves Mersch thinks Europe should ignore 'treacherous promises' of Facebook's Libra.

Facebook's cryptocurrency Libra to face antitrust probe by European Union regulators

EU officials said they were concerned how about Libra may create “possible competition restrictions” on the information that will be exchanged

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: Here's how it could impact the Indian regulatory stance on cryptocurrencies

Libra has already caught the attention of international regulators, and one can expect changes to Facebook’s approach based feedback