Compared with bitcoin, people in the U.S. don't trust Facebook's anticipated new stablecoin Libra, according to a new survey.
While Facebook's Libra project was said to have 28 founding partners when unveiled, that isn't quite the case, says Visa CEO Alfred F. Kelly.
Facebook hasn't responded to a request by Switzerland’s data privacy regulator for more details on Libra, despite the project being based in Geneva.
Lawmakers at last week’s hearings took pains to distinguish Facebook’s Libra from the broader crypto space, showing a new maturity in their approach.
A parliamentary committee worries about Facebook holding financial details on its potentially billions of Libra users.
“There was a clear agreement ... that Libra, in particular, raises some very significant concerns, and cryptocurrencies more broadly," said Mnuchin.
Joshua Ashley Klayman Kuzar sees Libra as a turning point in the march to mass adoption. "Facebook didn't come to congress," she said. "Congress came to Facebook."
A coalition of consumer advocacy groups urged the Libra Association's 28 member firms to quit the Facebook-led project.
Scandal after scandal hasn't done Facebook any favors, says former CTFC advisor Jeff Bandman.
Joel Telpner, chair of the Fintech and Blockchain Practice Group at Sullivan & Worcester LLP, sees Libra's creation as setting a fascinating - and treacherous - precedent.
Lukka CEO and investor Jake Benson sees Libra's real value as a guinea pig that will allow regulators to test the limits of crypto.
The G7 group of nations has warned of the threat posed by stablecoins such as Facebook's Libra and set out draft recommendations for regulation.
Nisa Amoils believes that Facebook's Libra is a platform play.
China has emerged as a perhaps surprising leader when it comes to public interest in Facebook's Libra cryptocurrency project.
Juan Llanos sees Facebook's rise in the payments space as nearly inevitable. So how can startups compete? He has some ideas.