Libra


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UK Lawmakers May Probe Facebook Libra Over Privacy, Fraud

A parliamentary committee worries about Facebook holding financial details on its potentially billions of Libra users.

UK parliament

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US Treasury Secretary Mnuchin Says G7 in Agreement on Libra, Cryptocurrencies

“There was a clear agreement ... that Libra, in particular, raises some very significant concerns, and cryptocurrencies more broadly," said Mnuchin.

Treasury Secretary Steven Mnuchin

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WATCH: 'Mother of Blockchains' Defends Facebook's Choice of Controversial Swiss Foundation

Joshua Ashley Klayman Kuzar sees Libra as a turning point in the march to mass adoption. "Facebook didn't come to congress," she said. "Congress came to Facebook."

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Consumer Advocates Urge Libra Members to Quit Facebook Crypto

A coalition of consumer advocacy groups urged the Libra Association's 28 member firms to quit the Facebook-led project.

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WATCH: Former CFTC Advisor Sees 'Mistrust' as Libra's Fatal Flaw

Scandal after scandal hasn't done Facebook any favors, says former CTFC advisor Jeff Bandman.

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WATCH: A FinTech Lawyer Breaks Down Libra's Legality

Joel Telpner, chair of the Fintech and Blockchain Practice Group at Sullivan & Worcester LLP, sees Libra's creation as setting a fascinating - and treacherous - precedent.

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WATCH: Lukka CEO Believes in a Future Full of Corporate Tokens

Lukka CEO and investor Jake Benson sees Libra's real value as a guinea pig that will allow regulators to test the limits of crypto.

Lukka CEO Jake Benson image via CoinDesk archives

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Facebook Libra Risks to Financial Stability Demand 'Highest' Regulatory Standards, Says G7

The G7 group of nations has warned of the threat posed by stablecoins such as Facebook's Libra and set out draft recommendations for regulation.

mark, facebook

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WATCH: Investor Nisa Amoils Expects Libra to Reduce Regulatory Risk

Nisa Amoils believes that Facebook's Libra is a platform play.

amolis, nisa

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Web Search Data Indicates Soaring Interest for Facebook Libra in China

China has emerged as a perhaps surprising leader when it comes to public interest in Facebook's Libra cryptocurrency project.

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