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As Libra Battles Critics, Zuckerberg Aims to Win Over US Policymakers
19.9.2019
As Libra continues to face intense scrutiny, Facebook’s Zuckerberg meets with U.S
Reuters: Facebook Met British Authorities Prior to Libra’s Official Announcement
18.9.2019
This spring, Facebook reportedly met with U.K. officials in a bid to get their support for Libra before its public announcement
David Marcus, the Head of Facebook’s Libra, Says Libra will not be a threat to Monetary Sovereignty
17.9.2019
David Marcus, Previous PayPal president and the Head of Facebook’s Libra cryptocurrency, has taken to twitter by opposing the idea that the digital currency will make threats against monetary Authority of sovereign countries. 2/ Recently there's been a lot of talk about how Libra could...
ECB Official: Stablecoins Pose Risks to Public Policy Priorities
16.9.2019
Benoit Coeure of the European Central Bank says that stablecoins like Libra pose serious risks to public policy priorities
Facebook’s David Marcus Responds to Critics Over Libra ‘Threat’
16.9.2019
The head of Facebook's Calibra has spoken out to "debunk" allegations that the Libra project poses a threat to nations' fiscal sovereignty
Facebook to Face Global Regulators about its Libra Cryptocurrency Project
16.9.2019
According to recent news, Global regulators will interrogate Facebook shortly regarding its Libra cryptocurrency, even though the EU governments expressed concerns that the digital currency poses a danger to financial stability. As per the Financial Times, Facebook needs to face 26 national banks...
PayPal: ‘A Lot of Work’ Still Needs to Happen for Libra to Become Real
16.9.2019
PayPal reportedly cautious about the fate of Facebook’s planned stablecoin Libra
France Minister Maire Proposed Europe’s Cryptocurrency To Counter Facebook’s Libra
14.9.2019
Amidst the growing concerns after Facebook’s worldwide launch of Libra last June, the deeply worried European countries have devised an investigation of the upcoming currency by the European regulators. At a financial congregation in Helsinki, with EU finance ministers, French Finance...
PayPal is Watching Out for Facebook Backed Cryptocurrency Libra
14.9.2019
In recent News, PayPal stated that it is watching out for Facebook backed Cryptocurrency, Libra, which is scheduled to make a big appearance with the one of the leading digital payments firm. Moreover, international tension is intensifying over Libra, with national banks, regulators,...
Amidst Libra Controversies, France Calls for EU-Wide Cryptocurrency Regulation
13.9.2019
The French government continues to be stringent with cryptocurrencies and the primary underlying technology, Blockchain. The country’s economy minister, Bruno Le Maire, urged on the European Union to establish a common set of regulatory parameters for cryptocurrencies in order to counteract risks...
Facebook’s Libra Pushes Back at Claims Project Is Threat to Financial Stability
13.9.2019
The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability
France Bans Facebook’s Libra Cryptocurrency in Europe
12.9.2019
On Thursday, Bruno Le Mair, France’s Minister of the Economy and Finance, warned that the country will halt the development of Facebook’s planned cryptocurrency, ‘Libra,’ since the digital asset poises threats to the “monetary sovereignty” of governments. The announcement was made by Le Maire as...
France Says It Will Block Facebook Libra in Europe: Report
12.9.2019
The French finance minister has said the nation plans to block Facebook's Libra cryptocurrency in the EU over its threat to "monetary sovereignty."
Facebook Libra Brings ‘Risks and Opportunities’: Swiss Watchdog Chief
12.9.2019
FINMA's director has spoken out about the risks of working with a major project like Facebook's Libra, and said there are also potential benefits
Switzerland’s FINMA Announces Additional Scrutiny of Facebook’s Libra
12.9.2019
Facebook shines as one of the most loved social networking sites in the modern era. With the growing craze for cryptocurrencies, Mark Zukerberg led social media giant, planned to explore the new domain by launching its stablecoin, Libra. Despite hailing from a reputed and popular brand name...
Switzerland Open to International Cooperation on Libra, Says Watchdog
12.9.2019
FINMA director Mark Branson has rebuffed the notion that Facebook’s choice of Switzerland for the Libra Association HQ was a matter of regulatory arbitrage
Facebook Libra Is Seeking to Register as a Payment System in Switzerland
11.9.2019
The company set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland
3 Key Takeaways From Switzerland’s New Stablecoin Guidelines
11.9.2019
Switzerland’s financial watchdog issues new stablecoin guidelines, outlines its requirements for the Libra Association’s proposed stablecoin payments network
Libra Association Seeks Swiss Payments License for Facebook’s Crypto
11.9.2019
The organization tasked with governing Facebook’s planned stablecoin network has revealed it is applying for a payment system license with Switzerland’s financial watchdog
Startup Finds and Patches Vulnerability in Code for Facebook’s Libra
10.9.2019
Developers working for startup OpenZeppelin found and patched a vulnerability in the open-source code of Facebook’s Libra