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Will Facebook's Libra Be an On-Ramp or Dead End for Crypto?

Cryptocurrency insiders share their thoughts on whether Facebook's ambitious Libra project will help, or hurt, the broader industry.

Scales image via Shutterstock

Markets

Senate Banking Committee Schedules July Hearing on Facebook's Libra Crypto

The U.S. Senate Banking Committee will hold a hearing next month on Facebook's new cryptocurrency, Libra.

U.S. Capitol, Washington, D.C. (lazyllama/Shutterstock)

Markets

Facebook Talked to the Fed About Libra, Chairman Powell Says

Fed chair Jerome Powell was asked about Facebook's Libra cryptocurrency during a press conference Wednesday.

Fed Chairman Jerome Powell

Tech

China's Biggest Payment Firms Have No Plans to Follow Facebook into Crypto

WeChat parent Tencent and Alibaba's payments arm Ant Financial have no plans to follow Facebook into crypto.

Alibaba

Markets

'I Don’t Trust Facebook With Anything:' The World Reacts to Facebook's Libra

The world reacted to Facebook's Libra launch with fear, uncertainty, and jokes. Here are a few choice quotes.

crowd

Markets

Facebook's Cryptocurrency Will Face 'Regulatory Hurricane,' Canaccord Analysts Say

Facebook's Libra coin will face a regulatory "hurricane," warn otherwise-bullish analysts at investment bank Canaccord.

facebook, bitcoin

Markets

Bank of England Governor Says Facebook's Libra Crypto Will Be Scrutinized

Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney.

Photo of Mark Carney

Markets

Watch Facebook's Libra Videos: An Inside Look at the Calibra Wallet

Facebook provided video primers on its new blockchain tech. Here are a few of the best.

CalibraApp_EarlyLook_EN@2x

Markets

Halt Libra? US Lawmakers Call for Hearings on Facebook's Crypto

House Financial Services Committee Chair Maxine Waters asked Facebook to halt development of its Libra crypto until hearings can be held.

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