Europe


Markets

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.

Benoit Coeure ECB

Markets

CME's Bitcoin Index Provider Wins First EU Crypto Benchmark License

The U.K FCA has authorized CF Benchmarks as a Benchmark Administrator under EU regulation coming into effect in January.

cf

Markets

France Says It Will Block Facebook Libra in Europe

The French finance minister has said the nation plans to block Facebook's Libra cryptocurrency in the EU over its threat to national currencies.

Bruno Le Maire French Finance Minister

Markets

Facebook Libra Brings 'Risks and Opportunities': Swiss Watchdog Chief

FINMA's director has spoken out about the risks of working with a major project like Facebook's Libra, and said there are also potential benefits.

Mark Branson via FINMA

Markets

Facebook Libra Is Seeking to Register as a Payment System in Switzerland

The non-profit set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland.

Facebook Libra

Markets

Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official

Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said.

Sigal Mandelkar, US Treasury

Markets

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.

The ECB flags in front of the building. (Shutterstock)

Markets

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.

Facebook's David Marcus at a Senate banking hearing in July, 2019

Markets

US Lawmakers to Discuss Facebook Libra on Swiss Visit: Report

Congresswoman Maxine Waters and other U.S. lawmakers will discuss Facebook's crypto project with the Swiss data privacy chief this week.

maxine_waters_facebook_hearing

Markets

Man Offering Hacking Services for Bitcoin Gets 20-Month Jail Sentence

A British man has been handed jail time and ordered to forfeit over £400,000 ($487,000) for offering hacking services and stolen data for crypto.

UK police