Libra


Markets

Facebook Taps David Marcus to Lead Payments Initiatives

Marcus will continue running Libra's Novi digital wallet as he takes on Facebook Financial.

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

Markets

Federal Reserve Is Rushing to Get Its Instant Payments Offering Ready

COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away.

Federal Reserve Board Governor Lael Brainard (Shutterstock)

Markets

Libra Hasn't Abandoned Multi-Currency Stablecoin: Policy Director

The Libra Association's head of policy said ongoing dialogues with central bankers had not dented their original ambition.

Facebook Libra

Videos

Libra Vice Chair Dante A. Disparte Sees Libra as a “Bridge”

Vice Chair of the Libra Project, Dante A. Disparte, talks to Michael Casey about the growth of the new, open source cryptocurrency.

CoinDesk placeholder image

Markets

Blockchain Tech Vendor Bison Trails Adds Ethereum 2.0 Support

Bison Trails announced it would provide services to help its clients transition to the Ethereum 2.0 network.

Bison Trails' Viktor Bunin speaks with CoinDesk's John Biggs at ETHDenver. (Image via CoinDesk video)

Policy

EU Creating a Regulatory Regime for Cryptocurrencies, Says Economic Chief

The planned regulatory regime could include stricter rules for projects deemed "global stablecoins," a subtle reference, possibly, to Libra.

Valdis Dombrovskis,  Executive Vice President of the European Commission for An Economy that Works for People (Alexandros Michailidis/Shutterstock.com)

Markets

Blockchain Bites: Rethinking Libra, Craig Wright and Something Smells Fishy in Blockchain

Craig Wright will go to trial, while IBM and a Norwegian association team up to track salmon on blockchain.

(icedmocha/Shutterstock)

Markets

CBDC Issuance Is 'Not a Reaction' to Libra, Says Central Bank Body

The Bank for International Settlements appears to contradict its own prior statements in a new digital payments report.

Part of the BIS headquarters, the Botta Building in Basel

Markets

Fed Economists Call Fears of Original Libra Stablecoin ‘Overstated’

Economists at the Federal Reserve suggest Libra – in its original, basket-backed stablecoin form – might not have had as severe an impact on financial stability as policymakers suggested last year.

Rep. Brad Sherman (D-Calif.) created a "Zuck Buck" graphic to describe his view of Libra. (House Financial Services Committee)

Policy

Libra Is Ready for the Digital Money 'Space Race': Dante Disparte

Libra's most vexing challenge may be juggling inclusion and compliance. But policy chief Dante Disparte says the project is not giving up on reaching the unbanked.

TWO SIDES: Juggling inclusion and compliance remains Libra's most pressing challenge. (Credit: Shutterstock)