Global watchdogs agree rules for stablecoins like Facebook’s Libra
Existing national rules do not fully cover stablecoins the Financial Stability Board (FSB) said in… Read More
4 years ago
Libra
EU agrees tough line on digital currencies
In a document presented to finance ministers, the ECB said a public digital currency could… Read More
5 years ago
WATCH: Zuckerberg reassures US Congress on Facebook’s digital currency plans
Appearing in a suit and tie before the U.S. House of Representatives Financial Services Committee,… Read More
5 years ago
Facebook’s Libra won’t be controlled by a single company
Facebook executive David Marcus on Sunday tried to calm the fears of officials threatening to… Read More
5 years ago
Facebook’s Libra faces support test
Mastercard and Visa abandoned the Geneva-based Libra Association on Friday, as did eBay, fintech startup… Read More
5 years ago
Facebook’s efforts to establish Libra currency suffers severe setback
Facebook Inc’s ambitious efforts to establish a global digital currency called Libra suffered severe setbacks… Read More
5 years ago
Visa, Mastercard reconsider backing Facebook’s Libra
Visa, Mastercard and other key financial partners may reconsider their involvement in Facebook's cryptocurrency, Libra Read More
5 years ago
Launch of Facebook’s Libra could be delayed
'The Libra Association is clearly an association and not a subsidiary of Facebook' Read More
5 years ago
Global regulators to question Facebook’s Libra amid EU concerns
Officials from 26 central banks, including the U.S. Federal Reserve and the Bank of England,… Read More
5 years ago
PayPal cautious about future of Libra cryptocurrency
PayPal is cautious about the future of Facebook-backed cryptocurrency Libra, which is slated to debut… Read More
5 years ago
Facebook’s Libra seeks Swiss payment system licence
Facebook’s Libra cryptocurrency project is seeking a Swiss payment system license, financial watchdog FINMA said… Read More
5 years ago
China says new digital currency will be similar to Facebook’s Libra
China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would… Read More
5 years ago
Could cryptocurrency dethrone the dollar?
Bank of England governor Mark Carney has suggested that a virtual currency, modeled on Facebook’s… Read More
5 years ago
Watchdog warns of perils of unregulated cryptocurrencies
ritain’s markets watchdog said on Wednesday that bitcoin and other cryptocurrencies have no intrinsic value… Read More
5 years ago
G7 urges tough Libra regulation, agrees to tax digital giants
“We cannot accept private companies issuing their own currencies without democratic control,” Le Maire said. Read More
5 years ago
G7 finance ministers look to rein in tech giants
G7 governments are concerned that decades-old international tax rules have been pushed to the limit… Read More
5 years ago
US Senate to grill Facebook over plans for Libra cryptocurrency
Facebook allocated a small fraction of its vast workforce to work on the project, Kevin… Read More
5 years ago
Trump blasts Bitcoin, Facebook’s Libra, demands banking regulations
U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook’s proposed Libra digital coin and other… Read More
5 years ago
Bank of England Governor speaks up about Facebook’s Libra
Facebook’s proposed Libra digital coin must show it is “rock solid” before it can be… Read More
5 years ago
Bitcoin near two-week highs, fueled by hopes for Facebook’s Libra
Bitcoin touched $12,833 overnight on the Bitstamp exchange BTC=BTSP, its highest since June 27, before… Read More
5 years ago