Libra


Policy

Facebook's Social Media Platforms May Give Libra Unfair Advantage, Says ECB's Lagarde

Facebook could leverage its social media platform to block out competitors, according to Christine Lagarde.

Credit: Shutterstock

Policy

Libra Lacks Clarity on 'Opaque' Currency Basket, Says Fed Reserve Governor

Federal Reserve governor Lael Brainard has warned that the Facebook-led Libra project faces stiff regulatory challenges and that there's a question mark over one of its core concepts.

Credit: Shutterstock

Policy

Mnuchin 'Fine' With Libra Launch, But Crypto Project Must 'Fully' Comply With AML Rules

Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter.

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Policy

Too Early to Tell if Libra Is a Security, CFTC Chairman Says

Despite some headlines, CFTC chief Heath Tarbert didn't actually say Libra is a security, even if it is different from commodity bitcoin.

Heath Tarbert image via CoinDesk archives

Markets

Global Crypto Framework Needed to Stop 'Regulatory Arbitrage,' Watchdog Warns

Hong Kong’s securities regulator says the world needs a united response to stablecoins like Libra to avoid firms setting up in laxer jurisdictions.

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Markets

European Union to Regulate Stablecoins, Not Issue Its Own: Source

Contrary to earlier reports, a source tells CoinDesk the EU isn't looking to issue its own digital currency in response to Libra.

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Markets

Libra Won't Spread as Quickly as Facebook, Says Calibra Exec

Libra won't necessarily mimic Facebook's historic rise, said Calibra executive Kevin Weil.

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Markets

Coinbase Legal Chief Says Private Sector Should Build US Digital Dollar

Coinbase chief legal officer Brian Brooks thinks the private sector is best positioned to build America's digital dollar.

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Markets

Ex-Official Trolls Libra, Says China Likely to Issue Digital Currency First

China's central bank could be the first to issue its own national digital currency, a former official said, while contending that Libra was doomed.

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Markets

'Hell No': Jack Dorsey Says Twitter Won't Be Joining Libra Association

The private Libra project is not in line with what Dorsey wants Twitter to stand for, the CEO (and bitcoin supporter) said.

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