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WATCH: The Facebook Libra Hearings: Everything You Missed in 5 Minutes

From Silicon Valley to Washington, DC, Facebook's Libra is causing concern everywhere it turns up. This CoinDesk video explores what happened in the halls of power when the first major corporation joined the crypto party.

David Marcus House FS Hearing 7-17

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Coincheck-Owner Monex Group Moves to Join Facebook Libra

Monex Group, the Japanese financial services company that owns the Coincheck crypto exchange, has applied to join Facebook's Libra project.

Facebook Libra

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'However Long It Takes': Zuckerberg Vows to Win Over Libra Regulators

Facebook's CEO said it will spend "however long it takes" to get regulators on board before launching Libra.

zuckerberg, facebook

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People in US Trust Bitcoin More Than Facebook's Libra: Report

Compared with bitcoin, people in the U.S. don't trust Facebook's anticipated new stablecoin Libra, according to a new survey.

Facebook Libra

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Facebook Libra Backers Are Not Official Partners Yet, Says Visa CEO

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.

(Shutterstock)

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Facebook Libra Hasn't Responded to Information Request: Swiss Watchdog

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.

Facebook

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Congress Drew a Fine Line Between Libra and Crypto – That's a First

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.

facebook, bitcoin

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UK Lawmakers May Probe Facebook Libra Over Privacy, Fraud

A parliamentary committee worries about Facebook holding financial details on its potentially billions of Libra users.

UK parliament

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WATCH: 'Mother of Blockchains' Defends Facebook's Choice of Controversial Swiss Foundation

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."

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WATCH: Former CFTC Advisor Sees 'Mistrust' as Libra's Fatal Flaw

Scandal after scandal hasn't done Facebook any favors, says former CTFC advisor Jeff Bandman.

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