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Libra Partner Bison Trails Still Supports Facebook's Plans

In this interview with Protocol Specialist at Bison Trails, Viktor Bunin, we discuss his company's current growth and why they're still backing Libra.

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Markets

Cross-Border Payment Portal Checkout.com Is Latest to Join Libra Association

Checkout.com, a digital payment processor that focuses on cross-border transactions, has become the 24th member of the Libra Association.

Checkout.com was founded in 2009, and focuses on cross-border payments. (Credit: Shutterstock)

Finance

Diem's Demise: A Timeline of Libra's Long Road From a Facebook Lab to the Global Stage

A detailed chronology of Libra's journey from a skunkworks inside Facebook to a potential global monetary game-changer to a shadow of its former self.

(Metropolitan Museum of Art)

Policy

Big Tech Signs Rare Open Source Pledge to Boost Supplies During COVID-19

Major tech firms are opening their patents to allow developers to build much needed tools during the coronavirus crisis.

Open sourcing patents will enable the development and iteration of essential goods, which otherwise would be stymied by copyright law. (Photo by engin akyurt on Unsplash)

Finance

Facebook Affirms Libra Commitment With 50 New Job Openings in Ireland

Libra may have been scaled back but Facebook is significantly expanding the team working to support the stablecoin project.

Facebook's Dublin Office. (Credit: Derick Hudson / Shutterstock)

Policy

US Lawmaker Calls Libra's Revamp Insufficient

Rep. Sylvia Garcia's comments suggest libra's roots as a Facebook initiative remain a political liability despite the consortium's steps to sate critics.

LIBRA WHO? "There are simply too many questions left unanswered regarding why Facebook is even developing a cryptocurrency," says Rep. Sylvia Garcia. (Credit: Wikimedia Commons)

Finance

Libra Scales Back Global Currency Ambitions in Concession to Regulators

The Facebook-spawned Libra Association has scaled back its original vision of a global digital currency backed by a basket of fiat currencies.

CAPITULATION? U.S. lawmakers grilled Libra board member David Marcus last year. The consortium has overhauled its plans. (Credit: House Financial Services Committee)

Policy

Private Companies Could Play Role in Digital Currency Issuance, Bank of England Says

Analysts from the U.K.'s central bank said private currencies could work alongside any future CBDC initiative if they offered real utility.

bank of england

Markets

New Celo Alliance Has Same Aims as Libra – And Some of the Same Partners

Dozens of blockchain companies and investors are committing to promote Celo tokens in some fashion by joining the cLabs “Alliance for Prosperity.”

Celo community gathering in California (cLabs)

Finance

Libra Wanted a Currency, All We Need Are DeFi's Open Payment Rails

Rather than build an alternative currency like Libra, Facebook should concentrate on building new infrastructure, like the open systems in the ethereum-DeFi space, says ConsenSys's Lex Sokolin.

Via ConsenSys Codefi