Libra


Markets

Facebook Libra Might Never Launch, Company Concedes in SEC Disclosure

Facebook has acknowledged what many have been saying – that regulatory issues may be an insurmountable barrier to its Libra project.

Facebook

Markets

WATCH: The Facebook Libra Hearings: Everything You Missed in 5 Minutes

From Silicon Valley to Washington, DC, Facebook's Libra is causing concern everywhere it turns up. This CoinDesk video explores what happened in the halls of power when the first major corporation joined the crypto party.

David Marcus House FS Hearing 7-17

Markets

Huawei CEO Calls on China to Create a Rival to Facebook's Libra Crypto

Huawei's CEO said: "Even China is able to issue such currencies, why wait for Libra?"

huawei

Markets

Coincheck-Owner Monex Group Moves to Join Facebook Libra

Monex Group, the Japanese financial services company that owns the Coincheck crypto exchange, has applied to join Facebook's Libra project.

Facebook Libra

Markets

MIT Fellow Says Facebook 'Lifted' His Ideas for Libra Cryptocurrency

MIT fellow Alex Lipton claims Facebook borrowed the guts of its Libra project from a paper he co-authored last year.

Alex_Lipton_Consensus

Markets

'However Long It Takes': Zuckerberg Vows to Win Over Libra Regulators

Facebook's CEO said it will spend "however long it takes" to get regulators on board before launching Libra.

zuckerberg, facebook

Markets

People in US Trust Bitcoin More Than Facebook's Libra: Report

Compared with bitcoin, people in the U.S. don't trust Facebook's anticipated new stablecoin Libra, according to a new survey.

Facebook Libra

Markets

Facebook Libra Backers Are Not Official Partners Yet, Says Visa CEO

While Facebook's Libra project was said to have 28 founding partners when unveiled, that isn't quite the case, says Visa CEO Alfred F. Kelly.

(Shutterstock)

Markets

Facebook Libra Hasn't Responded to Information Request: Swiss Watchdog

Facebook hasn't responded to a request by Switzerland’s data privacy regulator for more details on Libra, despite the project being based in Geneva.

Facebook

Markets

Congress Drew a Fine Line Between Libra and Crypto – That's a First

Lawmakers at last week’s hearings took pains to distinguish Facebook’s Libra from the broader crypto space, showing a new maturity in their approach.

facebook, bitcoin