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Facebook's digital token Libra to launch as soon as January in an even more slimmed-down version, report says

The Libra Association, which manages Facebook's cryptocurrency project, plans to launch a single co…

Shalini Nagarajan   


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Facebook's Libra project unravels further as US lawmakers urge Visa and Mastercard to quit

The European Union began a formal investigation of Libra over potential competition concerns in Aug…

Charlie Wood   


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1 min read

Facebook renames digital wallet for Libra crypto as Novi

San Francisco, May 26 (IANS) Facebook on Tuesday said that it has changed the name and brand of its…

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5 mins read

Here's what Facebook's new cryptocurrency Libra will look like and how it will work

TechCrunch's Josh Constine writes that users will need to provide additional verification details, …

Isobel Asher Hamilton,Isobel …   


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Facebook is scaling back its digital currency project Libra as it tries to win regulatory approval

Do you work at Facebook? Contact Business Insider reporter Rob Price via encrypted messaging app Si…

Reuters,Rob Price   


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Facebook's cryptocurrency isn't available yet, but scammers are already trying to trick people into buying fake versions of Libra

Libra executives have been working to earn the trust of government officials, several of whom have …

Kevin Webb   


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Facebook's cryptocurrency push takes a big hit as PayPal cuts ties with Libra

"Building a modern, low-friction, high-security payment network that can empower billions of financ…

Aaron Holmes   


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Facebook's blockchain boss David Marcus defends the feasibility of Libra after a quarter of its partners drop out

Marcus has previously been outspoken in his defence of the project. In a tweet on Friday about the …

Charlie Wood   


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Facebook's Libra cryptocurrency plan just got formalised, but a quarter of its backers have now dropped out

The Libra Association, the collective of firms interested in building and supporting the digital cu…

Shona Ghosh   


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Facebook's key partners on its cryptocurrency Libra are refusing to publicly support it

Humanitarian organisation Mercy Corps also answered questions, saying that they remained committed …

Rob Price   


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Astrologists and Libras are furious that Facebook named its new cryptocurrency after an astrological sign that promotes balance and fairness

Facebook has faced a seemingly endless stream of scandals in the past few years, many of which have…

Paige Leskin   


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Facebook denies there's 'angst' about its Libra cryptocurrency plans amid reports partners like Visa and Mastercard might pull out

The Journal only named Mastercard and Visa, but suggested that more members of the Libra Associatio…

Mary Hanbury   


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Libra is Facebook's plan to bring cryptocurrency to the masses - but I don't trust Facebook enough to use it

In fact, if you visit the newly-minted website Libra.org, you won't find a single mention of the wo…

Dave Smith   


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1 min read

6 things we're still wondering about Libra, Facebook's new cryptocurrency coming in 2020

Lawmakers have already expressed alarm over Libra: Bruno le Marie, France's finance minister, rejec…

Rebecca Aydin   


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2 mins read

Facebook's Libra cryptocurrency project suffers massive blow as MasterCard, Ebay, and Stripe withdraw

"We appreciate Stripe and eBay's support for the goals and mission of the Libra project," Facebook'…

Kevin Webb   


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A Republican senator just gave Libra its first voice of support in Congress after its rocky start with regulators and partners

In a statement to Business Insider, an Anchorage spokesperson wrote: "Anchorage is grateful to Sena…

Mary Meisenzahl   


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4 mins read

The tech lead of Facebook's new cryptocurrency subsidiary explains Move, the programming language it designed specifically for Libra

Less noticed was the fact that Facebook also launched a new programming language to use with Libra,…

Rosalie Chan   


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Facebook said its Libra cryptocurrency will be regulated by Swiss authorities - but that was news to those Swiss authorities

"Until today we have not been contacted by the promoters of Libra," Hugo Wyler, the FDPIC head of c…

Rebecca Aydin   


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Libra promises to become a global payment system by 2020 but there’s a gaping hole in their plan

Promising to revolutionise the way the world uses money, the initial hype is understandable but …

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5 mins read

Lisa Eadicicco