You Searched For "Facebook Libra" and got 20 results
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3 mins read
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
3 mins read
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
2 mins read
'This doesn't sound right': Mastercard's CEO ditched Facebook's Libra after multiple red flags
Ajay Banga signed up Mastercard to support Facebook's digital currency and network, but dropped out…
Theron Mohamed
3 mins read
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
2 mins read
US Treasury Secretary Mnuchin warned that Facebook's Libra could be a tool for terrorists, traffickers, and drug smugglers
"Libra could be misused by money launderers and terrorist financiers," Treasury Secretary Steven Mn…
Theron Mohamed
2 mins read
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
3 mins read
A US congressman is standing by his statement that Facebook's Libra cryptocurrency will be worse than 9/11
"Look, Zuckerberg is not as evil as Osama bin Laden, because the harm that Zuckerberg will do is a …
Dave Smith
2 mins read
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
2 mins read
Trump blasts Bitcoin and says cryptocurrencies, including Facebook's Libra, should be 'subject to all banking regulations'
Trump joins politicians from both sides of the aisle in expressing skepticism about Facebook's ambi…
David Choi
3 mins read
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
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
2 mins read
J.P. Morgan and Goldman Sachs reportedly rejected any involvement in Facebook's Libra cryptocurrency because of fears it would be used by criminals
Lawmakers have had concerns about Facebook moving into the cryptocurrency world, especially after p…
Mary Meisenzahl
4 mins read
Facebook CEO Mark Zuckerberg is trying to drum up support for the firm's wild new currency by amping up worries of China's financial dominance
"But I also hope we can talk about the risks of not innovating. While we debate these issues, the r…
Charlie Wood
6 mins read
Facebook has a lot of questions to answer about Libra, its new cryptocurrency
With Libra, Facebook seems to be trying to find some kind of middle ground between the traditional …
Troy Wolverton
3 mins read
US Congressman Brad Sherman says Facebook's Libra cryptocurrency 'may do more to endanger America' than 9/11
He added: "Someone with an understanding of the politics of this country needs to explain to Mr. Zu…
Rob Price
1 min read
Facebook's Libra faces obstacles in one of its biggest markets, because Indian regulators want to jail those who trade in cryptocurrency
Facebook has announced its new product Calibra, a digital wallet which will be powered by its own c…
5 mins read
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
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 …
2 mins read
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
2 mins read
Mark Zuckerberg said Facebook would drop out of its controversial payments project if US regulators don't approve it
It's unclear where Facebook's departure would leave the rest of the Libra Association, which has al…