Facebook

Regulation

Facebook’s David Marcus Responds to Critics Over Libra ‘Threat’

The head of Facebook's Calibra has spoken out to "debunk" allegations that the Libra project poses a threat to nations' fiscal sovereignty.

Policy & regulation  ·  16 September 2019
Europe

Central Banks to Question Facebook-Led Libra Over Financial Risks

The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.

Policy & regulation  ·  16 September 2019
Regulation

Facebook’s Libra Pushes Back at Claims Project Is Threat to Financial Stability

The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability.

Policy & regulation  ·  13 September 2019
Stablecoins

Facebook Adds Singapore Dollar to Libra Crypto Basket: Report

Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin.

Markets  ·  10 September 2019
Facebook

New Head of China’s Digital Currency Says It Beats Facebook Libra on Tech Features

The PBoC's new digital currency chief has said its upcoming digital yuan has features not offered by Facebook Libra.

Policy & regulation  ·  6 September 2019
Facebook

Facebook’s WhatsApp Seeks Policy Expert to Champion Blockchain in Africa

WhatsApp is looking to hire a blockchain policy expert in Africa as parent company Facebook's Libra project meets regulatory resistance worldwide.

Markets  ·  5 September 2019
Europe

ECB’s Mersch Warns Over ‘Treacherous Promises’ of Facebook Libra

Yves Mersch has warned of the threat posed by Facebook's Libra to monetary policy and consumers in the EU.

Policy & regulation  ·  2 September 2019
Coinbase

Libra Association’s Crypto Members Remain Unfazed by Regulatory Backlash

Despite government scrutiny, crypto firms in the Libra Association say they're committed to the project.

Markets  ·  27 August 2019
Regulation

Facebook’s Libra Project Launches Bug Bounty With $10,000 Max Reward

The Libra Association will pay up to $10,000 to independent security researchers who find bugs in the Libra blockchain.

Policy & regulation  ·  27 August 2019
Facebook

Facebook’s Calibra Is Building a Compliance Team, Searching for Sanctions Lead

The Calibra wallet team is looking for more compliance professionals.

Markets  ·  27 August 2019
Facebook

Coinbase’s Ex-Policy Head Will Lobby for Facebook’s Libra Crypto

Facebook has hired a lobbying firm led by a former head of policy at Coinbase amid regulatory pushback from U.S. lawmakers over its Libra project.

Markets  ·  27 August 2019
Facebook

Switzerland Meetings Didn’t Clear US Lawmaker’s Doubts on Facebook’s Libra

A U.S. lawmaker said her concerns with Facebook's Libra crypto project remain after meeting regulators in Switzerland.

Markets  ·  26 August 2019
Regulation

Tensions Rising at Facebook Libra as Backers Consider Quitting: Report

Several backers of Facebook's Libra cryptocurrency project are said to be considering backing out due to growing "pushback" from regulators.

Policy & regulation  ·  23 August 2019
Facebook

Crypto Asset NYM to Fuel Test of Tokenized Facebook Login Alternative

Privacy-focused Nym Technologies plans to launch a testnet this fall. Its identity system masks identifying user data across blockchains.

Markets  ·  21 August 2019
Europe

Facebook Libra Already Facing an EU Antitrust Probe: Report

Facebook is reportedly already under investigation by the EU over antitrust issues related to its Libra cryptocurrency project.

Policy & regulation  ·  21 August 2019