Libra

CoinFlash

Facebook’s Libra Co-Founder Morgan Beller Departs to Return to VC

Beller, 27, will become a general partner at NFX. She'd worked at a16z before joining Facebook.

News  ·  22 September 2020
CoinFlash

European Ministers Call on EU Commission to Regulate Stablecoins

Finance ministers from five European countries have called on the EU Commission to introduce tough regulation for stablecoins.

News  ·  11 September 2020
CoinFlash

Libra Taps Ex-Homeland Security General Counsel as New Legal Chief

The new general counsel is Libra's second in just three months.

Business  ·  27 August 2020
CoinFlash

Facebook Taps David Marcus to Lead Payments Initiatives

Marcus will continue running Libra's Novi digital wallet as he takes on Facebook Financial.

News  ·  10 August 2020
CoinFlash

Federal Reserve Is Rushing to Get Its Instant Payments Offering Ready

COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away.

News  ·  6 August 2020
Libra

Libra Hasn’t Abandoned Multi-Currency Stablecoin: Policy Director

The Libra Association's head of policy said ongoing dialogues with central bankers had not dented their original ambition.

News  ·  8 July 2020
Ethereum

Blockchain Tech Vendor Bison Trails Adds Ethereum 2.0 Support

Bison Trails announced it would provide services to help its clients transition to the Ethereum 2.0 network.

News  ·  1 July 2020
Cryptocurrency

EU Creating a Regulatory Regime for Cryptocurrencies, Says Economic Chief

The planned regulatory regime could include stricter rules for projects deemed "global stablecoins," a subtle reference, possibly, to Libra.

Policy & regulation  ·  26 June 2020
News Roundup

Blockchain Bites: Rethinking Libra, Craig Wright and Something Smells Fishy in Blockchain

Craig Wright will go to trial, while IBM and a Norwegian association team up to track salmon on blockchain.

News  ·  25 June 2020
CBDCs

CBDC Issuance Is ‘Not a Reaction’ to Libra, Says Central Bank Body

The Bank for International Settlements appears to contradict its own prior statements in a new digital payments report.

News  ·  25 June 2020
Federal Reserve

Fed Economists Call Fears of Original Libra Stablecoin ‘Overstated’

Economists at the Federal Reserve suggest Libra – in its original, basket-backed stablecoin form – might not have had as severe an impact on financial stability as policymakers suggested last year.

News  ·  22 June 2020
Regulation

Libra Is Ready for the Digital Money ‘Space Race’: Dante Disparte

Libra's most vexing challenge may be juggling inclusion and compliance. But policy chief Dante Disparte says the project is not giving up on reaching the unbanked.

Policy & regulation  ·  10 June 2020
Libra

How a Fatal Weakness Forced Libra to Capitulate

While Bitcoin created an alternative financial system independent of government, Libra’s architecture depends on the existing fiat currency system – and on the whims of the governments that control it.

Policy & regulation  ·  2 June 2020
Facebook

Libra Payments Can Boost Facebook’s Ads Business, Zuckerberg Says

Libra can make it easier for Facebook's users to buy goods advertised on its platform, which would incentivize businesses to buy more ads, CEO Mark Zuckerberg said Wednesday.

News  ·  28 May 2020
News Roundup

Blockchain Bites: Facebook’s Calibra Facelift and Tencent’s ‘New Infrastructure’ Investments

Facebook's digital wallet subsidiary has rebranded as Novi while a series of bitcoin transactions cast doubt on Craig Wright's claims.

News  ·  26 May 2020