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1 min read

Facebook has confirmed that Libra isn’t coming to India as government shies away from ‘private’ cryptocurrencies

Facebook has confirmed that its new cryptocurrency, Libra, won’t be making its way to India. The so…

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2 mins read

Facebook's Libra launch was 'ridiculously stupid,' blockchain boss says

Libra has drawn intense scrutiny from government regulators, prompting launch partners including Vi…

Theron Mohamed   


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4 mins read

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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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…

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5 mins read

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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2 mins read

The EU is reportedly investigating Facebook's Libra cryptocurrency over antitrust concerns

Announced in June 2019, Libra plans to be a digital currency that will help internet users make pur…

Rob Price   


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3 mins read

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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2 mins read

Bitcoin falls to its lowest level since June as Zuckerberg testifies on Libra

"The main reason for this is because of the immense pressure Facebook's Libra is getting from Washi…

Yusuf Khan   


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3 mins read

JPMorgan's Jamie Dimon dings Facebook's cryptocurrency Libra, saying it will never happen

But politicians and regulators remain suspicious. The G7 group of wealthy nations said this month t…

Shona Ghosh   


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2 mins read

Mark Cuban thinks Facebook's cryptocurrency Libra is 'a big mistake'

"Globally and in countries where there isn't a lot of rule of law, or a lot of government stability…

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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5 mins read

It's absurd that we're even entertaining Facebook's Libra currency idea

In June Facebook announced that it - along with companies like Spotify and Visa - would create a co…

Linette Lopez   


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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   


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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   


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3 mins read

Facebook's Libra is facing mounting regulatory scrutiny - and that's likely to delay liftoff

2. Subscribe to a Premium pass to Business Insider Intelligence and gain immediate access to the Fi…

Mekebeb Tesfaye   


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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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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   


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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