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Facebook Holds Talk With Banks For Libra Association


While introducing a new payment system or currency that is meant for replacing the old one, banks play the most vital role that cannot be replaced by any other institution. Previously Facebook had partnered with MasterCard, PayPal, and Visa the most robust payment networks, but it had missed...

Bank of Japan Boss Keen to Follow Facebook's Libra Progress


Haruhiko Kuroda. Source: a video screenshot, Youtube, Bloomberg With regulators and financial chiefs around the world lining up to express their concerns and doubts over Facebook’s forthcoming Libra cryptocurrency, it looks like one of Japan’s biggest financial players would rather look on...

Facebook Is a Threat to Governments Not Crypto


The moment Facebook released the whitepaper for its planned Libra coin, social media was flooded with claims about Zuckerberg’s new drive to take over the cryptocurrency market, with some even calling it a Bitcoin killer. However, looking at the actual details of the plan, it has little to...

Facebook’s Libra Facing a World of Regulatory Hurdles


Facebook and its 27 partners are already running into a number of regulatory headaches from all corners of the globe following the unveiling of its Libra whitepaper earlier this week. As previously reported, within hours of the social network’s Libra announcement, members of an American House...

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