libra

Meta To Pilot Crypto Payments Via Novi Wallet In WhatsApp

Meta's cryptocurrency wallet, Novi, will be integrated into WhatsApp in a pilot, so US users can make crypto payments via…

1 month ago

Facebook Cryptocurrency Executive David Marcus To Leave

Executive in charge of Meta's cryptocurrency efforts, confirms he is leaving after seven years at the social networking giant

2 months ago

Bank of England Head Warns Cryptocurrencies Are Dangerous

The Governor of the Bank of England continues to express serious concerns about cryptocurrencies, telling MPs they are dangerous

8 months ago

Facebook’s Libra To Launch In January – Report

Libra to launch as early as January, but the Facebook backed cryptocurrency will be scaled back even further after regulatory…

1 year ago

Facebook Libra Hires Former HSBC Executive

Libra cryptocurrency project still progressing after it confirms it has hired former HSBC executive as chief financial officer

1 year ago

EU Plans To Bring In Crypto-Asset Rules By 2024

Proposed EU rules to be published this month aim to bring crypto-assets into line with existing regulatory framework, but risk…

1 year ago

WhatsApp Launches Digital Payments Service

Chat-based payments system, offered first in Brazil, allows users to send money or pay merchants without leaving chat service

2 years ago

Facebook Rethinks Libra Digital Currency Plans – Report

Resistance from regulators around the world prompts Facebook to 'rethink' its plan for its Libra digital currency, it is reported

2 years ago

Swiss President Says Facebook’s Libra Has ‘Failed’ In Current Form

Facebook's Libra cryptocurrency cannot be approved without changes, says president of Switzerland, where Libra Association has headquarters

2 years ago

Securities Coordinator Recommends Cautious Approach To Facebook’s Libra

Libra and other globally recognised stablecoins pose 'serious' risks but the right regulatory approach could allow their benefits to be…

2 years ago

Facebook’s Mark Zuckerberg Faces Intense Scrutiny From Congress

Zuckerberg goes to Congress to answer questions about Libra, but is tackled about privacy, free speech and political ads

2 years ago

Facebook Considers Alternative Approaches To Libra

Project could use multiple coins pegged to national currencies rather than a single synthetic cryptocurrency, Facebook says, as regulatory pressure…

2 years ago

Facebook Announces Libra Board, Amid Departures

Dead man walking? Libra announces board, despite being rocked by pull out by five major payments providers

2 years ago

Financial Firms Quit Facebook’s Cryptocurrency Project

As Visa, Mastercard, eBay, Stripe and Mercado Pago exit the project Libra is left without the backing of a major…

2 years ago

PayPal Pulls Out Of Facebook’s Crytocurrency Plans

Online payments provider says it wants to focus on its own core business, as Libra cryptocurrency continues to draw fire…

2 years ago

Libra Cryptocurrency Launch ‘May Be Delayed’ Over Regulatory Concerns

Head of Libra Association says group's priority is to make sure regulators are 'fully on board' and emphasises currency's independence…

2 years ago

Facebook Meets With Global Regulators Over Libra Concerns

Twenty-six central banks to grill Facebook on plans for Libra cryptocurrency as concern mounts over potential threat to monetary stability

2 years ago

Facebook’s Libra Currency To Face Tough Swiss, US Scrutiny

The Switzerland-based Libra digital currency will face tough US and Swiss scrutiny, officials warn

2 years ago

ECB Warns Of ‘Beguiling’ Siren Call Of Facebook’s Libra

Libra cryptocurrency could undermine European Central Bank's ability to set monetary policy, and public trust in money itself, bank warns

2 years ago

Initial Backers Of Facebook’s Libra ‘Consider Pulling Out’

At least three of the Libra Association's initial partners said to be looking to distance themselves from the project amidst…

2 years ago

EU Regulator Asks Questions About Facebook’s Libra Currency – Report

Facebook's Libra questions from EU regulator concern use of customer data and anti-competitive issues

2 years ago

China Sovereign Digital Currency ‘Essentially Ready’

China is looking to issue a sovereign crypto-coin that could be used as an alternative to cash

2 years ago

UK Data Protection Watchdog Raises Facebook Libra Concern

Facebook's proposed digital currency faces calls for more information about how user data will be protected

2 years ago

Libra Cryptocurrency Scams Found On Facebook, Instagram

Facebook's own platforms found to be used in scams related to Libra cryptocurrency, adding to regulatory pressure over the controversial…

2 years ago

France To Approve First Cryptocurrency Firms Under New Rules

France is looking to attract initial coin offerings and other cryptocurrency-related organisations amidst controversy over Facebook's Libra

3 years ago

Facebook Promises Congress It Will Address Libra Cryptocurrency Concerns

Company's comments follow criticism of Libra by US Treasury Secretary and Chairman of Federal Reserve amidst broader scepticism and hostility

3 years ago

Fed Boss Calls On Facebook To Halt Libra Digital Currency

Not so fast Mark. Chief of US Federal Reserve calls on Facebook to halt its Libra digital currency plans

3 years ago

Banks Stay Away From Facebook’s Libra Over Regulatory Risk

Banks also cite their own competing payment projects and past failed digital wallets as reasons to be sceptical of Libra

3 years ago

European Banks, Regulators Prepare Strict Regulatory Response To Facebook’s Libra

Financial Conduct Authority calls for more information, while Bank of France warns of money-laundering risks

3 years ago

Bitcoin Jumps Over $11,000 After Facebook Libra Launch

Facebook's Libra plans help Bitcoin jump 10 percent to reach 15-month highs, as investors hope to see cryptocurrencies move into…

3 years ago