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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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4 mins read

Measure Twice and Cut Once: Celina Carpi Bridges Relationships for Success

Libra Holding’s integration of transport was constructed as a way to find the best possible logisti…

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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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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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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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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 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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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   


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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 is already too big and too powerful': Senate to dig into Libra, the tech giant's new crypto project

It's not the first time that the committee has expressed concern over Facebook's push into cryptocu…

Matt Weinberger   


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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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Democrats on the House Financial Services Committee are asking Facebook to put its cryptocurrency plans on hold

"We write to request that Facebook and its partners immediately agree to a moratorium on any moveme…

Rob Price   


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Bitcoin is getting closer to posing a risk to financial stability, the Bank of England's deputy governor warns

Because cryptos are growing very fast, they are becoming more integrated with the financial system,…

Camomile Shumba   


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1 min read

Two of Facebook's senior crypto engineers have left to join venture fund Andreessen Horowitz

Nassim Eddequiouaq and Riyaz Faizullabhoy, who worked on Facebook's Novi digital wallet, will consu…

Camomile Shumba   


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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…

Kevin Webb   


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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   


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1 min read

Mark Zuckerberg has cashed in more than $1 billion in Facebook stock so far this year - roughly double his sales for all of 2020

Mark Zuckerberg has sold over $1 billion of Facebook this year amid a 12% jump in share price. The …

Will Daniel   


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This 20-year-old high school dropout bought $1,000 worth of bitcoin at the age of 12 - now he's worth $4.5 million

In the past eight years, he's grown his bitcoin holdings from about 100 (worth $1,000 in 2011) to n…

Rebecca Aydin   


Julie Bort