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Facebook's New Crypto Faces Scrutiny From European Authorities

“It is out of question’’ that Facebook's Libra be allowed to “become a sovereign currency,” says France's finance minister.

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Markets

Facebook's Cryptocurrency Wants to Take on Banks, Not Bitcoin

If bitcoin doesn't need to worry about competition from Facebook. Who does? You've guessed it, the banks.

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Libra White Paper Shows How Facebook Borrowed From Bitcoin and Ethereum

Cryptocurrency, at scale. That's Facebook's vision as laid out in the long-awaited, just-released Libra white paper.

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Markets

There's a Second Token: A Breakdown of Facebook's Crypto Economy

In addition to the Libra coin, Facebook's newly unveiled crypto project also involves a "Libra investment token."

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Facebook Unveils Libra Cryptocurrency, Targeting 1.7 Billion Unbanked

Facebook's newly unveiled Libra blockchain is tackling remittances at first, but it could have a much broader impact.

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Facebook's Libra Cryptocurrency: A Technical Deep Dive

Technical details of Facebook's Libra blockchain were published Tuesday in a white paper by the Libra Foundation. Here's what stands out.

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Nouriel Roubini Says Facebook's GlobalCoin Has 'Nothing to Do With Crypto'

Noted economist Nouriel Roubini has said Facebook's soon-to-be unveiled cryptocurrency is not really crypto or blockchain.

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Facebook's GlobalCoin May Be A 'Historic Initiative,' Say RBC Analysts

Analysts are bullish on Facebook's upcoming blockchain product.

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Concerns Over Facebook Data Use Derailed at Least 3 Crypto Partnerships

Philosophical disagreements with crypto experts have slowed the development of Facebook's GlobalCoin, sources say.

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Facebook Hires Standard Chartered Bank Lobbyist for Crypto Project: Report

Facebook's hiring spree for its upcoming cryptocurrency continues with the addition of a senior bank lobbyist from Standard Chartered.

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