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Unlike Libra, Digital Yuan Will Not Need Currency Reserves to Support Value: PBOC Official
PBOC wants to distinguish its own digital currency from rival private initiatives.
Facebook's Social Media Platforms May Give Libra Unfair Advantage, Says ECB's Lagarde
Facebook could leverage its social media platform to block out competitors, according to Christine Lagarde.
Libra Lacks Clarity on 'Opaque' Currency Basket, Says Fed Reserve Governor
Federal Reserve governor Lael Brainard has warned that the Facebook-led Libra project faces stiff regulatory challenges and that there's a question mark over one of its core concepts.
Mnuchin 'Fine' With Libra Launch, But Crypto Project Must 'Fully' Comply With AML Rules
Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter.
European Union to Regulate Stablecoins, Not Issue Its Own: Source
Contrary to earlier reports, a source tells CoinDesk the EU isn't looking to issue its own digital currency in response to Libra.
Libra Won't Spread as Quickly as Facebook, Says Calibra Exec
Libra won't necessarily mimic Facebook's historic rise, said Calibra executive Kevin Weil.
'Hell No': Jack Dorsey Says Twitter Won't Be Joining Libra Association
The private Libra project is not in line with what Dorsey wants Twitter to stand for, the CEO (and bitcoin supporter) said.
Zuckerberg: Facebook Would Quit Libra if the Association Launched Prematurely
Facebook's CEO told lawmakers the company would pull out of the Libra Association if the consortium launched its cryptocurrency without regulatory approvals.
How to Watch Mark Zuckerberg's Grilling in Congress Today
Facebook's Mark Zuckerberg will be testifying before lawmakers on Libra and more later today. Watch the livestream here.
US Treasury to Monitor Libra Over Possible Financial Risks
The Treasury Department has committed to monitoring the Facebook-led cryptocurrency project Libra alongside regulatory efforts by Congress.
