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ECB Executive Board Member Says There is a Requirement of ‘Highest Regulatory Standards’ on Stablecoins
18.10.2019
Benoit Coeure, the respectable Executive Board Member of the European Central Bank, has urged a need for a stringent supervisory framework for governing digital currencies and stablecoin projects like Facebook’s Libra, stated a report by Bloomberg on Thursday, i.e., October 17. Mr. Benoit in...
Group of Seven Report Says That Libra Launch Should Be Halted Until Risks Are Addressed Adequately
18.10.2019
The Group of Seven has brought Facebook’s Libra project under the spotlight once again, and to the social media giant’s horror, the news is certainly not welcoming. “Facebook should not launch the global digital currency Libra until proper regulations are in place to handle the potential risks,”...
What Facebook CEO Mark Zuckerberg Said in His Defense of ‘Free Expression’
17.10.2019
No mention of Libra
France’s Le Maire Attacks Facebook’s ‘Political’ Ambitions With Libra
17.10.2019
The French finance minister has said Libra is an "unacceptable" challenge to state sovereignty and suggested political motives behind the project
Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound
17.10.2019
Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live
Bitcoin Is Totally Different Than Libra: Calibra Head David Marcus
16.10.2019
The head of Facebook’s Calibra, David Marcus, says he is a big fan of Bitcoin, but it is totally different than Libra
Calibra Head: Libra ‘Absolutely Not’ in Jeopardy Without PayPal, Visa
16.10.2019
Libra is “absolutely not” in jeopardy after seven firms including PayPal and Visa have dropped out of the project, says the head of Calibra
Libra Could Merge With China’s Crypto in Taiwan, Says Foxconn Founder
16.10.2019
Foxconn’s founder and the richest man of Taiwan, Terry Gou, wants the island nation to embrace the ambitious Libra digital currency project of Facebook. In his latest speech, Gou has said that unlike other governments that have skeptically approached the Libra project, Taiwan could welcome it...
Libra Plays Down Troubles, Anticipates 100 Members By Launch
16.10.2019
The Libra Association has said the project is undeterred by recent setbacks and expects to sign up 100 partners before it goes live
Bank of England Governor Carney Defends Facebook’s Libra Stablecoin
15.10.2019
Bank of England governor Mark Carney defends Facebook’s choice to create a new currency
US Congressman: Facebook Should Add Bitcoin, Not Create Libra
15.10.2019
U.S. Congressman Warren Davidson says Bitcoin would be much better for Facebook than the introduction of a proprietary stablecoin like Libra
Libra is ‘Catalytic Event’ for Central Banks, Says Head of Sweden’s Riksbank
15.10.2019
Libra, says Stefan Ingves, is forcing central banks to re-consider their primary product: money
Despite a Row of Defections, Facebook Unveils its Crypto Libra
15.10.2019
The recent row of defections by major global companies doesn’t seem to have deterred Facebook’s spirits. The leading social network giant, on Monday, has officially taken a step forward with its plans of creating its own cryptocurrency known as Libra. The Libra Association has signed up 21 members...
Another Blow to Libra Association as Booking Holdings Decides to Pull the Plug
15.10.2019
With major companies deciding to opt-out of the much anticipated Libra project, the road ahead for Facebook Inc seems to be an extremely tough one. The latest firm to back out of the Libra Association is Booking Holdings, a Norwalk-based eminent American firm operating several notable travel...
Libra Association Holds Inaugural Meeting, Forms Board
15.10.2019
The Libra Association has formed a five-member board and created rules for the consortium’s governance
Facebook-Led Libra Forms Governing Council After Big-Name Departures
15.10.2019
At a charter signing in Geneva on Monday, the Libra Association locked in 21 members of its governing council
Coinbase CEO: Senate’s Pressure on Libra Association Is ‘Un-American’
14.10.2019
Coinbase CEO criticized U.S. senators for pressuring Stripe, Mastercard and Visa to leave Libra
Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving Libra
12.10.2019
Most payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of...
Founder of Alternative to Facebook’s Libra Exaggerates ‘Partnerships’
11.10.2019
The creator of OpenLibra reportedly exaggerated member involvement in the project during press hype
Facebook Sued for Trademark Infringement Over Libra Logo Design
11.10.2019
Facebook in court over trademark infringement for Libra logo