Libra


Markets

'No Argument' for Replacing Dollar's Global Role With Crypto: Ex-Fed Official

The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets.

Simon Potter ex-NY Fed official

Markets

Facebook's Zuckerberg Appears to Put Libra Launch Date in Doubt

In an interview, Mark Zuckerberg suggested that it might be a while before the Libra cryptocurrency actually gets its launch.

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Markets

Japan's Central Bank Chief Calls for International Effort on Libra Regulation

The governor of the Bank of Japan has called for global cooperation in regulating stablecoins like the Facebook-led Libra.

Facebook Libra

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

Markets

SEC Chair, Commissioners to Talk Crypto at Congress Hearing Next Week

The House Financial Services Committee will question SEC commissioners about crypto regulations and Facebook's Libra next week.

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Finance

Binance Is Pitching Its Stablecoin as a Government-Friendly Libra Competitor

Binance is now positioning its Venus stablecoin project as an alternative to Facebook's Libra, a month after downplaying any suggestions of rivalry.

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Markets

Facebook's David Marcus Responds to Critics Over Libra 'Threat'

The head of Facebook's Calibra has spoken out to "debunk" allegations that the Libra project poses a threat to nations' fiscal sovereignty.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)

Markets

Central Banks to Question Facebook-Led Libra Over Financial Risks

The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.

Benoit Coeure ECB

Markets

Vulnerability Fixed in Facebook Contract Language for Libra Cryptocurrency

The vulnerability in the Move IR compiler allows malicious actors to introduce executable code to their smart contracts," OpenZeppelin’s CEO Demian Brener told CoinDesk.

demian, brenner

Markets

Facebook Adds Singapore Dollar to Libra Crypto Basket: Report

Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin.

Facebook Libra