Libra

Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound

Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live.

By Danny NelsonOct 17, 2019

The Libra Association has said the project is undeterred by recent setbacks and expects to sign up 100 partners before it goes live.

By William FoxleyOct 16, 2019

Libra, says Stefan Ingves, is forcing central banks to re-consider their primary product: money.

By William FoxleyOct 15, 2019

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

By Nikhilesh DeOct 14, 2019

Visa, Mastercard, eBay, Stripe, Mercado Pago and PayPal have all withdrawn from the Libra Association now.

The complaint alleges the Calibra logo is too similar to Current’s, which the fintech firm has been using since August 2016.

By Danny NelsonOct 11, 2019

The creator of an "open" alternative to Facebook's Libra stablecoin misrepresented which parties are involved in the project, CoinDesk has learned.

By Christine KimOct 11, 2019

Facebook CEO Mark Zuckerberg will defend Libra before U.S. lawmakers later this month.

By Nikhilesh DeOct 9, 2019

The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch.

Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association.

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