Facebook reportedly said that current regulatory restrictions mean it has "no plans" to launch its digital wallet service and crypto in India.
Facebook's David Marcus told lawmakers its new libra cryptocurrency will not store or share personal financial information – with a few caveats.
China's central bank could hasten development of its digital yuan to counter the threat posed by Facebook's Libra cryptocurrency, an official says.
Facebook's Libra cryptocurrency project threatens the stability of financial systems, according to South Korea's Financial Services Commission.
Benoit Coeure of the European Central Bank has said projects like Facebook's Libra require faster action from regulators.
After a review of documentation for the Libra protocol and its planned ecosystem, Steven Sprague believes Facebook left out key security components.
Noelle Acheson argues that Libra is not a cryptocurrency, it’s a security. That in itself is a huge innovation, and perhaps a glimpse of what is yet to come.
If Libra achieves even modest adoption, the payoff for Facebook and its partners could be in the billions.
ZenGo's product shows how Libra can be held in other wallets.
In a note published Wednesday, Facebook blockchain lead David Marcus pushed back against calls to stop Libra's development.
Japan's central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook's Libra cryptocurrency.
Several House Democrats called for a moratorium on Libra development in a letter to Facebook executives on Tuesday.
A group of privacy and consumer watchdogs is asking the U.S. Congress to halt Facebook's Libra project.
The startup mantra just won't cut it with U.K. regulators.
If the project is to be truly global, Facebook may need “literally hundreds, perhaps thousands, of licenses from hundreds of different regulators,” said Sean Park.