Libra Association


Markets

Heifer International Joins Libra Association to 'Support Financial Inclusion'

Heifer International has joined the Libra Association, just days after the group modified its stablecoin vision to focus on a series of single-currency tokens rather than one basket-backed version.

Heifer International becomes the 23rd member of the Libra Association after joining on Monday. (Credit: 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)

Tech

Why Bison Trails Is Staying the Course on Libra

"When we joined the Libra Association, it wasn't like, 'Oh, hey, Facebook is doing something let's join.' It's really about the difference we're making in the world," said Bison Trails' Viktor Bunin.

Bison Trails' Viktor Bunin speaks with CoinDesk's John Biggs at ETHDenver. (Image via CoinDesk video)

Markets

WEF Launches Global Consortium for Crypto Governance

The WEF is creating a global consortium to develop a governance framework for cryptocurrencies, including stablecoins.

Davos 2020 image by Aaron Stanley for CoinDesk

Markets

Why High-Profile Defections Aren’t Libra’s Biggest Challenge

Libra has lost another Association member, but according to @nlw that’s likely low on their worries list, plus Square’s LN efforts & TON’s SEC support.

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Finance

Libra Association Exec: World Needs Us Because Bitcoin Is 'Not a Means of Payment'

Libra Association Vice Chair Dante Disparte spoke at the Digital Money Forum at CES 2020, arguing for Libra's advantages over other bitcoin.

Decred's Akin Sawyerr (center) speaks on a CES panel with Libra Association Vice Chair Dante Disparte (right), photo by Brady Dale for CoinDesk

Markets

Facebook-Led Libra Forms Governing Council After Big-Name Departures

At a charter signing in Geneva on Monday, the Libra Association locked in 21 members of its governing council.

Mark Zuckerberg

Markets

Facebook Reveals Libra Crypto's Currency Basket Breakdown: Report

Facebook has reportedly revealed the percentage breakdown of the basket of global currencies that will underpin its Libra cryptocurrency.

David_Marcus_Facebook_Calibra_House_Hearing

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