Libra


Markets

Senate Banking Committee Schedules July Hearing on Facebook's Libra Crypto

The U.S. Senate Banking Committee will hold a hearing next month on Facebook's new cryptocurrency, Libra.

U.S. Capitol, Washington, D.C. (lazyllama/Shutterstock)

Markets

Facebook Talked to the Fed About Libra, Chairman Powell Says

Fed chair Jerome Powell was asked about Facebook's Libra cryptocurrency during a press conference Wednesday.

Fed Chairman Jerome Powell

Markets

'I Don’t Trust Facebook With Anything:' The World Reacts to Facebook's Libra

The world reacted to Facebook's Libra launch with fear, uncertainty, and jokes. Here are a few choice quotes.

crowd

Markets

Facebook's Cryptocurrency Will Face 'Regulatory Hurricane,' Canaccord Analysts Say

Facebook's Libra coin will face a regulatory "hurricane," warn otherwise-bullish analysts at investment bank Canaccord.

facebook, bitcoin

Markets

Bank of England Governor Says Facebook's Libra Crypto Will Be Scrutinized

Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney.

Photo of Mark Carney

Markets

Facebook Has Yet to Answer US Lawmakers' Questions About Libra Crypto

Facebook is still working on its responses to the U.S. Senate Banking Committee's questions about the Libra coin.

mark, facebook

Markets

Facebook's Cryptocurrency Wants to Take on Banks, Not Bitcoin

If bitcoin doesn't need to worry about competition from Facebook. Who does? You've guessed it, the banks.

fboo

Markets

Libra White Paper Shows How Facebook Borrowed From Bitcoin and Ethereum

Cryptocurrency, at scale. That's Facebook's vision as laid out in the long-awaited, just-released Libra white paper.

bitcoin, ethereum

Markets

There's a Second Token: A Breakdown of Facebook's Crypto Economy

In addition to the Libra coin, Facebook's newly unveiled crypto project also involves a "Libra investment token."

facebook, bitcoin