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Facebook's Libra Pushes Back at Claims Project Is Threat to Financial Stability

The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability.

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Markets

Facebook Adds Singapore Dollar to Libra Crypto Basket: Report

Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin.

Facebook Libra

Markets

New Head of China's Digital Currency Says It Beats Facebook Libra on Tech Features

The PBoC's new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra.

yuan, china

Markets

Facebook's WhatsApp Seeks Policy Expert to Champion Blockchain in Africa

WhatsApp is looking to hire a blockchain policy expert in Africa as parent company Facebook's Libra project meets regulatory resistance worldwide.

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Markets

ECB's Mersch Warns Over 'Treacherous Promises' of Facebook Libra

Yves Mersch has warned of the threat posed by Facebook's Libra to monetary policy and consumers in the EU.

The ECB flags in front of the building. (Shutterstock)

Markets

Libra Association's Crypto Members Remain Unfazed by Regulatory Backlash

Despite government scrutiny, crypto firms in the Libra Association say they're committed to the project.

USV and Coinbase at Consensus 2019

Finance

Facebook's Libra Project Launches Bug Bounty With $10,000 Max Reward

The Libra Association will pay up to $10,000 to independent security researchers who find bugs in the Libra blockchain.

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Markets

Facebook's Calibra Is Building a Compliance Team, Searching for Sanctions Lead

The Calibra wallet team is looking for more compliance professionals.

Facebok libra coins

Markets

Coinbase's Ex-Policy Head Will Lobby for Facebook's Libra Crypto

Facebook has hired a lobbying firm led by a former head of policy at Coinbase amid regulatory pushback from U.S. lawmakers over its Libra project.

Facebook's David Marcus at a Senate banking hearing in July, 2019

Markets

Switzerland Meetings Didn't Clear US Lawmaker's Doubts on Facebook's Libra

A U.S. lawmaker said her concerns with Facebook's Libra crypto project remain after meeting regulators in Switzerland.

U.S. Representative Maxine Waters, who chairs the House Financial Services Committee