You Searched For "libra association" and got 20 results
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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
2 mins read
Facebook just unveiled its new Libra cryptocurrency - here's how to sign up for early access
That's why Facebook is emphasizing the way in which it plans to keep Calibra secure. The company sa…
Lisa Eadicicco
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
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
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
3 mins read
'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
4 mins read
Facebook just took the wraps off 'Libra', a new cryptocurrency that will let anyone in the world pay with their smartphones
Initially, the focus seems to be squarely on people who are "unbanked," without access to financial…
Rob Price
2 mins read
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
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
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
2 mins read
Facebook blockchain boss David Marcus says Libra won't launch until it has 'fully addressed regulatory concerns'
Marcus also hints that if regulators and lawmakers block Libra, another cryptocurrency that is less…
Rob Price
3 mins read
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
3 mins read
Alexandria Ocasio-Cortez's exchange with Facebook's crypto boss exposed a big problem about who actually controls the Libra currency
Facebook has said that Libra will be backed by real financial assets, specifically a "basket" of ex…
Alexei Oreskovic
4 mins read
We just got a clear sign that Facebook's dodgy reputation means it has a massive struggle to persuade people to use its new cryptocurrency Libra
Libra is Facebook's brainchild, and the company has led the early development of the product, but t…
Rob Price
2 mins read
Mark Zuckerberg's controversial crypto project Diem is looking to repay investors by selling its assets, report says
Diem is in talks with investment banks about how best to sell its intellectual property and cash ou…
Shalini Nagarajan
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…
Kevin Webb
3 mins read
Mark Zuckerberg's ambitions for a Facebook cryptocurrency are officially over. A crypto bank that snapped up its 'Diem' project now plans to issue a stablecoin of its own this year.
Silvergate said the assets it bought from Diem include development, deployment, and operation tools…
Shalini Nagarajan
4 mins read
Lawmakers are about to grill Mark Zuckerberg about the big plan Facebook created to upend the way we send money around the globe
The Facebook CEO reiterated that his company will not be leading the project moving forward - that …
Lisa Eadicicco
3 mins read
This Juneteenth I'm celebrating my late father's strength and resilience. Here's why that's both incredible and extremely difficult.
My father died in November, and while Juneteenth feels uplifting, how does one celebrate when grief…
Lee Alisha Williams
2 mins read
The Facebook executive who helmed the social media company's Novi cryptocurrency project is departing
David Marcus led the creation of Novi, the company's digital wallet, and co-created Diem, the compa…