Facebook

India

Libra Could Be Unbalanced by Indian Crypto Laws

Facebook reportedly has not filed an application with the RBI, which seeks to ban cryptocurrencies.

Markets  ·  20 June 2019
Facebook

Rep. Waters: US Can’t Let Facebook’s Crypto ‘Compete With the Dollar’

Appearing on CNBC Thursday, the chair of the U.S. House Financial Services Committee doubled down on her calls for Facebook to halt Libra development.

Markets  ·  20 June 2019
Facebook

Will Facebook’s Libra Be an On-Ramp or Dead End for Crypto?

Cryptocurrency insiders share their thoughts on whether Facebook's ambitious Libra project will help, or hurt, the broader industry.

Markets  ·  19 June 2019
Facebook

Senate Banking Committee Schedules July Hearing on Facebook’s Libra Crypto

The U.S. Senate Banking Committee will hold a hearing next month on Facebook's new cryptocurrency, Libra.

Markets  ·  19 June 2019
Federal Reserve

Facebook Talked to the Fed About Libra, Chairman Powell Says

Fed chair Jerome Powell was asked about Facebook's Libra cryptocurrency during a press conference Wednesday.

Markets  ·  19 June 2019
China

China’s Biggest Payment Firms Have No Plans to Follow Facebook into Crypto

WeChat parent Tencent and Alibaba's payments arm Ant Financial have no plans to follow Facebook into crypto.

Business  ·  19 June 2019
Facebook

‘I Don’t Trust Facebook With Anything:’ The World Reacts to Facebook’s Libra

The world reacted to Facebook's Libra launch with fear, uncertainty, and jokes. Here are a few choice quotes.

Markets  ·  19 June 2019
Facebook

Facebook’s Cryptocurrency Will Face ‘Regulatory Hurricane,’ Canaccord Analysts Say

Facebook's Libra coin will face a regulatory "hurricane," warn otherwise-bullish analysts at investment bank Canaccord.

Business  ·  19 June 2019
Facebook

Bank of England Governor Says Facebook’s Libra Crypto Will Be Scrutinized

Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney.

Markets  ·  19 June 2019
Facebook

Watch Facebook’s Libra Videos: An Inside Look at the Calibra Wallet

Facebook provided video primers on its new blockchain tech. Here are a few of the best.

Markets  ·  19 June 2019
Regulation

Halt Libra? US Lawmakers Call for Hearings on Facebook’s Crypto

House Financial Services Committee Chair Maxine Waters asked Facebook to halt development of its Libra crypto until hearings can be held.

Policy & regulation  ·  18 June 2019
Facebook

Facebook’s Cryptocurrency Is a Nail in the Coffin for ‘Blockchain Not Bitcoin’

Edan Yago is the founder of CementDAO, an effort to bring together stablecoins into a unified ecosystem. The views expressed here are his own. With the announcement of Libra, cryptocurrency has entered the big leagues. Facebook’s entry into this market means every single company now has to take cryptocurrency seriously. Companies around the world are […]

Business  ·  18 June 2019
Facebook

Facebook Has Yet to Answer US Lawmakers’ Questions About Libra Crypto

Facebook is still working on its responses to the U.S. Senate Banking Committee's questions about the Libra coin.

Markets  ·  18 June 2019
Facebook

Facebook’s New Crypto Faces Scrutiny From European Authorities

“It is out of question’’ that Facebook's Libra be allowed to “become a sovereign currency,” says France's finance minister.

Markets  ·  18 June 2019
Facebook

Facebook’s Cryptocurrency Wants to Take on Banks, Not Bitcoin

If bitcoin doesn't need to worry about competition from Facebook. Who does? You've guessed it, the banks.

Tech  ·  18 June 2019