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Libra
US Lawmaker Introduces Bill Classifying Stablecoins as Securities
A draft bill published Tuesday would regulate stablecoins under the Securities Act of 1933.
Facebook Risks Banking Ties Over Libra Concerns, Says ING Exec
ING CEO Ralph Hamers said Libra could make it difficult for banks to accept or keep the project's creator as a client.
Facebook's Marcus Says China Wins With Digital Renminbi if US Nixes Libra
David Marcus, who leads the Libra project, said China will create a digital currency system that could be entirely out of reach for U.S. authorities.
Libra Could Drop 'Basket' and Issue Individual Fiat Stablecoins
Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate.
It's Too Soon to Write Libra's Crypto Obituary
The recent spate of bad news for Libra isn't necessarily a death knell for the project, writes Mike J. Casey.
Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7
A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability.
Facebook’s Libra Just Got Its First Major Supporter in Congress
Bucking a trend, Sen. Mike Rounds (R-S.D.) wrote a letter praising Libra as a technological advance that he feels is needed.
Libra Shows Central Banks' Failure on Cross-Border Payments: Riksbank
A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.
France's Le Maire Attacks Facebook's 'Political' Ambitions With Libra
The French finance minister has said Libra is an "unacceptable" challenge to state sovereignty and suggested political motives behind the project.
