Libra

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Libra - Total results - 41
G20 sets out a rulebook for a common, international approach to regulating digital currencies like Facebook's Libra
News & Analysis

G20 sets out a rulebook for a common, international approach to regulating digital currencies like Facebook's Libra

The recommendations propose flexible, cross-border cooperation to avoid a stablecoin playing off one jurisdiction against another.

After Mastercard and Paypal, Vodafone Groups exits from Facebook's Libra project
News & Analysis

After Mastercard and Paypal, Vodafone Groups exits from Facebook's Libra project

Backers including financial companies Paypal Holdings Inc and Mastercard Inc also exited Libra project.

China's digital currency will not seek full control of individuals' transaction details, says central bank official
News & Analysis

China's digital currency will not seek full control of individuals' transaction details, says central bank official

China is preparing to be the first country to roll out a digitised domestic currency, a development that is being closely watched by the world's financial services industries

Facebook revenues rise by 28 percent in Q3, monthly users rise to 2.45 billion
News & Analysis

Facebook revenues rise by 28 percent in Q3, monthly users rise to 2.45 billion

Facebook has come under fire over its decision not to fact-check ads run by politicians on the platform.

At Senate hearing, Mark Zuckerberg tells Alexandria Ocasio-Cortez it's 'probably' OK for politicians to spread lies via Facebook
News & Analysis

At Senate hearing, Mark Zuckerberg tells Alexandria Ocasio-Cortez it's 'probably' OK for politicians to spread lies via Facebook

AOC: You don't see a problem here with complete lack of fact-checking with regards to political ads?

Mark Zuckerberg tried to project Libra as a boon for the unbanked, but failed to build even a remotely coherent case
News & Analysis

Mark Zuckerberg tried to project Libra as a boon for the unbanked, but failed to build even a remotely coherent case

On being asked why major partners such as Visa, Mastercard, PayPal, eBay had exited the original Libra consortium, Zuckerberg simply said that Libra is a risky project

Facebook CEO Mark Zuckerberg says Libra must be encouraged, China already working on similar ideas
News & Analysis

Facebook CEO Mark Zuckerberg says Libra must be encouraged, China already working on similar ideas

Facebook CEO touted his optimistic vision of Libra and what it could mean for people around the world.

Facebook CEO Mark Zuckerberg testifies before congress, admits Libra is a 'risky project'
News & Analysis

Facebook CEO Mark Zuckerberg testifies before congress, admits Libra is a 'risky project'

Facebook CEO was questioned on election interference, free speech, hate groups and fake news.

Libra shouldn't be launched until the international risks it poses are addressed: G7 nations
News & Analysis

Libra shouldn't be launched until the international risks it poses are addressed: G7 nations

Amid sharp regulatory scrutiny, the 21 firms backing Libra pledged to forge ahead with the project.

Facebook's Libra must address a core set of legal and regulatory challenges: Brainard
News & Analysis

Facebook's Libra must address a core set of legal and regulatory challenges: Brainard

Libra backers need to answer how they would ensure the currency is not used for illegal activities.

Facebook launches cryptocurrency Libra, despite getting backlash from US regulators
News & Analysis

Facebook launches cryptocurrency Libra, despite getting backlash from US regulators

The Libra Association, the nonprofit that will govern the currency, officially signed on 21 charter members.

Facebook's Libra currency suffers setbacks after Mastercard, Visa quit the project
News & Analysis

Facebook's Libra currency suffers setbacks after Mastercard, Visa quit the project

Facebook ambitious efforts to establish a global digital currency called Libra has suffered severe setbacks.

PayPal pulls out of Facebook's digital currency Libra due to hightened scrutiny
News & Analysis

PayPal pulls out of Facebook's digital currency Libra due to hightened scrutiny

Facebook has presented Libra as a currency that could be used for digital payments.

Facebook's Libra cryptocurrency launch could be pushed back due to regulatory concerns
Sports

Facebook's Libra cryptocurrency launch could be pushed back due to regulatory concerns

Facebook announced plans to launch its digital currency Libra in June 2020.

Facebook Libra to be 50 percent US dollars, rest backed by euro, yen, sterling, Singapore dollar
News & Analysis

Facebook Libra to be 50 percent US dollars, rest backed by euro, yen, sterling, Singapore dollar

China’s yuan currency will not be included, which could help smooth Libra’s path in the US.

Facebook executive says company aiming to launch its Libra cryptocurrency by next year
News & Analysis

Facebook executive says company aiming to launch its Libra cryptocurrency by next year

Facebook's proposed cryptocurrency Libra has met with regulatory and political scepticism.

Facebook met UK Finance ministry officials thrice before making its Libra announcement
News & Analysis

Facebook met UK Finance ministry officials thrice before making its Libra announcement

Facebook met junior ministers and officials in charge of cryptocurrency policy at the UK finance ministry in April.

Facebook's Libra could challenge the dominance of the dollar, says ECB member
News & Analysis

Facebook's Libra could challenge the dominance of the dollar, says ECB member

Facebook aims to connect Libra to the WhatsApp, adding a payment leg to an already global application.

Facebook's Libra needs to be regulated under a common set of rules says France
News & Analysis

Facebook's Libra needs to be regulated under a common set of rules says France

Libra could cause risks to consumers, financial stability and even “the sovereignty of European states”.

Checking Facebook's Libra currency if it is harming its competition: EU regulators
News & Analysis

Checking Facebook's Libra currency if it is harming its competition: EU regulators

EU regulators said that scrutiny was justified even though the new digital coin has yet to be launched.