Libra Cryptocurrency

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 will testify before Congress today for Libra

Zuckerberg’s prepared statement was released before his hearing about Facebook’s Libra cryptocurrency.

Facebook's Libra Association announces 21 founding members as Visa, Mastercard exit

The Libra Association's 21 founding members include Uber, Spotify, and Vodafone.

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.

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 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: European watchdogs demand detail on the upcoming cryptocurrency

Facebook last week announced plans to launch Libra within the first half of 2020, part of an effort to expand beyond social media to e-commerce and digital payments.

Facebook Libra: Here's how it could affect currency-trading markets from an Indian perspective

Banking regulators ought to recognise cryptocurrencies as an opportunity and harness it for the social and economic betterment

Facebook Libra cryptocurrency project to be scrutinised by US Senate on 16 July

David Marcus, who oversees Facebook’s blockchain efforts, is expected to testify, according to a source in Washington familiar with the matter.