Facebook’s Libra project has failed in its current form and needs reworking to be approved, said the president of Switzerland where the cryptocurrency is seeking regulatory consent. “I don’t think (Libra has a chance in its current form), because central ban…
“5 months and growing strong” the Libra Association announced today in an post about its technical infrastructure that completely omits the fierce regulatory backlash to its cryptocurrency. 40 wallets, tools, and block explorers plus 1,700 Github commits hav…
Facebook Libra lead David Marcus doesnt believe bitcoin is a currency.Its volatility keeps it from becoming a currency, he explained.Bitcoin is more aking to digital gold, according to the Facebook executive.Facebooks crypt…
Facebook’s scheme to create its own money in the form of the libra digital coin has set off a global race to beat the social media colossus at its own game, and Canada may be an important player. Since the initial mild reaction from U.S. Federal Reserve chai…
WASHINGTON, DC — Facebook’s ambitious plan to launch a new digital currency, known as Libra, seemingly began to unravel earlier this month when several of its founding members — including major players in the personal finance and payments industries like Visa…
WASHINGTON, DC — Facebook’s ambitious plan to launch a new digital currency, known as Libra, seemingly began to unravel earlier this month when several of its founding members — including major players in the personal finance and payments industries like Visa…
LONDON/WASHINGTON (Reuters) – Facebook’s plans to launch its Libra cryptocurrency faced a new hurdle on Thursday when the Group of Seven wealthy nations said such “stablecoins” should not be allowed to launch until the profound international risks they pose a…
Facebook is on the defensive after a swathe of major firms abandoned the Libra cryptocurrency project in the past week. In an interview with Yahoo Finance, Facebook’s Libra head David Marcus defended the feasibility of the project, insisting that Libra was “…
Facebook is on the defensive after a swathe of major firms abandoned the Libra cryptocurrency project in the past week. In an interview with Yahoo Finance, Facebook’s Libra head David Marcus defended the feasibility of the project, insisting that Libra was “…
A visual representation of a cryptocurrency coin on display in front of the logos for Facebook and Libra. Facebook’s cryptocurrency plans looked shaky this week after a handful of high-profile members bowed out of the project. But while libra slowly gets off…