Swiss President Admits Facebook Libra in Present Form is a Failure
Swiss President Ueli Maurer has admitted that the Facebook Libra project has failed in its present form as it remains unacceptable to Full Article
Is the ECB Considering Launching its Own Digital Currency?
According to a confidential document, the ECB could consider launching a digital currency in case payments become more expensive and in a Full Article
Facebook Libra to Consist of a Series of Currency-Pegged Stablecoins?
Facebook is considering pegging its digital currency Libra to national currencies like the US dollar instead of its original plans for a .. Full Article
G7 Working Group Raises Concerns About Stablecoins Like Facebook Libra
Facebook's ambitious plans for launching its own digital currency Libra stumbled on to one more roadblock on Thursday after G7 nations came Full Article
Head of Libra Association Still Optimistic of Facebook Libra’s Success
Head of the Libra Association, David Marcus, maintains his optimism that Facebook Libra will be a resounding success once all regulatory .. Full Article
Facebook Launches its Digital Currency Libra Despite Exit of Prominent Backers
Facebook Libra launched on Monday with only 21 of the initial 28 charter members coming on board to form the Libra Association. Full Article
Booking.com Latest Company to Pull Out of Facebook’s Libra Association
The excitement surrounding the launch of Facebook Libra's alliance on Monday was dampened by the news of Booking.com's abrupt exit from the Full Article
PayPal Drops Out of Facebook’s Libra Association
PayPal has pulled out of the Libra Association, Facebook's consortium to oversee its upcoming digital currency Libra over rising regulatory Full Article
Are Financial Partners Backing Out of Facebook Libra’s Consortium?
Visa, Mastercard and other leading financial partners are considering backing out of their association with Facebook Libra over rising .. Full Article
Facebook to Delay Launch of its Cryptocurrency Libra?
Facebook's planned launch of its cryptocurrency Libra could be delayed because of mounting regulatory concerns being raised from around the Full Article
Facebook Libra’s Regulatory Concerns Still in Focus
As chair of the US House Financial Services Committee, Waters had met with Swiss officials to gain a better understanding of how Facebook.. Full Article
Facebook Libra Under Fire From G7 Finance Leaders
Close on the heels of the scrutiny by US lawmakers, there's some more bad news coming in for Facebook Libra, this time from finance leaders Full Article
Bitcoin (BTC) Slips Below $10,000 – Facebook’s Libra Faces Challenges
Bitcoin (BTC) has plunged from $13,200 to $9,684, with major cryptocurrency exchanges, recording a 26.6% drop. The sell-off came within... Full Article
Facebook’s Libra Plans Get Grilled Before the Senate Banking Committee
David Marcus, Head of Calibra, was grilled by the Senate Banking Committee about potential privacy and regulatory challenges foreseen by the Full Article
Facebook to Launch Libra Only After All Regulatory Concerns Are Addressed
On Monday, the social networking giant confirmed that it will not launch Libra until regulatory concerns are addressed. Full Article