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Facebook-backed Diem Association Moves Operations to the United States from Switzerland

The Facebook-backed Diem association has moved its operational base to the United States from Switzerland. The crypto project, […]

May 13, 2021 cryptocurrency news

Facebook’s Blockchain May Be Launched without Libra Token

Facebook is planning to roll out its Libra blockchain with digital equivalents of national currencies, according to a […]

March 3, 2020 cryptocurrency news

Facebook’s Libra Association Applies For Payment System License From Swiss Regulatory Authority FINMA

The contours of regulatory classification for Libra, Facebook’s cryptocurrency and blockchain, are becoming clear, at least, in Switzerland. […]

September 11, 2019 cryptocurrency news

Facebook’s Libra: A Beguiling but Treacherous Plan with Many Known Unknowns

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Facebook’s cryptocurrency and blockchain Libra continues to generate headlines and commentary from politicians and experts alike. The latest […]

September 3, 2019 cryptocurrency news, regulation

Facebook Adds Another Lobbyist To Convince Congress About Libra

Even as U.S. lawmakers remain unconvinced about the merits of its crypto-and-blockchain venture, Facebook is ramping up its […]

August 27, 2019 cryptocurrency news, regulation

Tensions Rise In Facebook’s Libra Association Amidst Regulatory Pressure

During a June earnings report, Facebook had cautioned that its blockchain and cryptocurrency Libra may not launch due […]

August 23, 2019 cryptocurrency news

Facebook’s Libra Project Is Being Probed by EU Officials: Reports

Facebook’s Libra project, already under fire from regulators around the world, is being probed by the European Union. […]

August 22, 2019 cryptocurrency news, regulation

What are Facebook’s Libra Partners Thinking?

Given the spotlight on Facebook, it is sometimes difficult to remember that the Libra Association council has other […]

July 27, 2019 cryptocurrency news

ECB Official Says Stablecoins Are Not Cause For Concern

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On Thursday Jens Weidmann, a high-ranking official at the European Central Bank said that stablecoins should not alarm […]

July 22, 2019 cryptocurrency news, regulation

What Did The Facebook Libra Hearings Accomplish?

One of the most interesting moments during the two days of hearing to understand and evaluate Facebook’s Libra […]

July 18, 2019 opinion, regulation

Libra Faces Congressional Ire In Second Hearing

There was no love lost for Facebook’s Libra on the second day it was presented before lawmakers. David […]

July 17, 2019 cryptocurrency news, regulation

Libra Chief David Marcus Fails To Gain Senate Trust

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“Trust is primordial,” David Marcus, head of Libra at Facebook, told senators at a hearing about the company’s […]

July 16, 2019 cryptocurrency news

Libra Will Incur Sales Tax: Techcrunch

Facebook’s Libra cryptocurrency will “benefit” tax authorities at the household level and consumption level, according to Libra’s policy […]

July 15, 2019 cryptocurrency news, regulation

Facebook’s Libra Raises “Serious Concerns” – Fed Chief Jerome Powell

Facebook’s Libra project continues to generate heat among legislators and policymakers. Testifying before the House Financial Services Committee […]

July 10, 2019 cryptocurrency news, regulation

Facebook’s Libra Chief Addresses Criticism

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Since its launch two weeks ago, Facebook’s cryptocurrency and blockchain has generated a maelstrom of reactions from regulators, […]

July 4, 2019 cryptocurrency news

EU Banks Are Racing Towards Instant Payments In Response To Facebook’s Libra: Reuters

Banks in the European Union are setting up an instant payments system that could roll out as early […]

June 27, 2019 cryptocurrency news

Facebook’s Partners in Libra Have Not Committed To It: NYT

Questions and controversies continue to dog Facebook’s entry into blockchain and cryptocurrencies. According to a report in the […]

June 26, 2019 cryptocurrency news, regulation

How Did Libra Affect Bitcoin Price and Facebook Stock Price?

Call it the Libra effect. Bitcoin price rallied and broke past the $9,000 mark in the breathless run […]

June 20, 2019 bitcoin price, cryptocurrency news

Senate Banking Committee To Hold July Hearing On Facebook’s Libra

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Facebook’s Libra cryptocurrency has dominated news cycles ever since it was announced. Now it has caught the attention […]

June 20, 2019 cryptocurrency news

Four Problems With Facebook’s Libra Crypto

Now that the dust has settled on Facebook’s Libra announcement, it is time to take stock. The Menlo […]

June 20, 2019 cryptocurrency news

Enthusiasm, Snarky Criticism, Wariness: Reaction to Facebook’s Libra

This morning, Facebook released details regarding Libra – its proposed cryptocurrency. The details and Facebook’s move have predictably […]

June 18, 2019 cryptocurrency news

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