Libra


Markets

For Non-Profits Working With Facebook, Libra Isn't Such a Crazy Idea

If their missions aren't served by Libra, Women's World Banking and Mercy Corps say they'll let it be known – loudly.

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Markets

German Finance Minister Supports Digital Euro, But 'Very Critical' of Libra

Speaking on a possible e-euro, minister Olaf Scholz said Germany "should not leave the field to China, Russia, the U.S. or any private providers."

Olaf Scholz German finance minister

Markets

Now Traders Can Make Bets on When Facebook's Libra Will Launch

Crypto futures exchange CoinFLEX is issuing derivatives linked to the launch of the Facebook-led Libra cryptocurrency project.

Facebook Libra

Markets

US House Committee Pressuring Zuckerberg to Testify on Libra: Report

Facebook CEO Mark Zuckerberg is facing pressure to testify before U.S. lawmakers on the firm's cryptocurrency project Libra.

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Markets

PayPal Might Withdraw From Libra Association: Report

PayPal might pull out of the Facebook-led Libra project, according to a Financial Times report.

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

Markets

American Banking Giants Sound Off Against Libra as Monetary Threat

Execs from some of the biggest U.S. banks reportedly told the Federal Reserve that Facebook’s Libra would pose a threat to monetary policies.

Facebok libra coins

Markets

European Competition Watchdog Fears Libra's 'Closed Economy'

The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy.

The European Commission's headquarters in Brussels.

Markets

Mark Zuckerberg Addresses Libra Regulation, KYC in Leaked Transcript

In leaked comments from a July meeting, Facebook CEO Mark Zuckerberg discussed internal issues for the firm's crypto network, Libra.

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Markets

Institutional Libra Backers Are Getting Cold Feet

Major Libra backers are backing out of the Facebook-led cryptocurrency effort, according to a WSJ report.

Facebook Libra

Markets

Swiss Regulator FINMA Won't Impede Libra's Development

"We are not here to make such projects impossible," Mark Branson, CEO of the Swiss Financial Market Supervisory Authority, said of Libra.

FINMA