A U.S. lawmaker said her concerns with Facebook's Libra crypto project remain after meeting regulators in Switzerland.
Congresswoman Maxine Waters announced a tentative schedule for this fall including a continued review of Facebook's Libra initiative.
Several backers of Facebook's Libra cryptocurrency project are said to be considering backing out due to growing "pushback" from regulators.
Facebook is reportedly already under investigation by the EU over antitrust issues related to its Libra cryptocurrency project.
With $125,000 committed to a virtual bootcamp in November, Libracamp is incubating development on Facebook's Libra testnet.
Congresswoman Maxine Waters and other U.S. lawmakers will discuss Facebook's crypto project with the Swiss data privacy chief this week.
Binance CEO Changpeng Zhao shares his thoughts on Facebook’s Libra and says Brexit is bullish for crypto in a wide-ranging interview.
Data protection chiefs from across the globe have united to express concerns over the privacy risks posed by Facebook's cryptocurrency project.
Facebook has hired a former aide to the chairman of the U.S. Senate Banking Committee to lobby for its Libra cryptocurrency project.
Facebook has acknowledged what many have been saying – that regulatory issues may be an insurmountable barrier to its Libra project.
From Silicon Valley to Washington, DC, Facebook's Libra is causing concern everywhere it turns up. This CoinDesk video explores what happened in the halls of power when the first major corporation joined the crypto party.
Huawei's CEO said: "Even China is able to issue such currencies, why wait for Libra?"
Monex Group, the Japanese financial services company that owns the Coincheck crypto exchange, has applied to join Facebook's Libra project.
MIT fellow Alex Lipton claims Facebook borrowed the guts of its Libra project from a paper he co-authored last year.
Facebook's CEO said it will spend "however long it takes" to get regulators on board before launching Libra.