Given the spotlight on Facebook, it is sometimes difficult to remember that the Libra Association council has other members. When it was launched in June this year, the association listed 28 members. The list was a diverse one and included the likes of payment processors, such as Mastercard and Visa, and non-profits like Kiva and World Women’s Banking. But little is known about their role … Continue reading What are Facebook’s Libra Partners Thinking?

This morning, Facebook released details regarding Libra – its proposed cryptocurrency. The details and Facebook’s move have predictably generated much debate and discussion. While cryptocurrency enthusiasts and investors have applauded the move, regulators have alternated between adopting a wait-and-see approach and criticism of the social media company’s move. Expectations have been sky high for Facebook’s entry into cryptocurrencies. The social media behemoth is arguably the … Continue reading Enthusiasm, Snarky Criticism, Wariness: Reaction to Facebook’s Libra