Libra

US Treasury Secretary Mnuchin Is 'Not Comfortable' With Facebook's Libra

In a press conference Monday, Mnuchin voiced the Trump administration's concerns with Facebook's Libra and cryptocurrencies like bitcoin.

By Nikhilesh DeJul 15, 2019

The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions.

By Nikhilesh DeJul 15, 2019

Japan has set up a working group to examine the issues raised by Facebook's Libra cryptocurrency project ahead of a G7 meeting this week.

By Daniel PalmerJul 15, 2019

US President Donald Trump tweeted about bitcoin and Facebook's Libra on Thursday. He's not a fan.

By Nikhilesh DeJul 12, 2019

Facebook reportedly said that current regulatory restrictions mean it has "no plans" to launch its digital wallet service and crypto in India.

By Daniel PalmerJul 10, 2019

Facebook's David Marcus told lawmakers its new libra cryptocurrency will not store or share personal financial information – with a few caveats.

By Nikhilesh DeJul 9, 2019

China's central bank could hasten development of its digital yuan to counter the threat posed by Facebook's Libra cryptocurrency, an official says.

By Daniel PalmerJul 8, 2019

Facebook's Libra cryptocurrency project threatens the stability of financial systems, according to South Korea's Financial Services Commission.

By Daniel PalmerJul 8, 2019

Benoit Coeure of the European Central Bank has said projects like Facebook's Libra require faster action from regulators.

By Daniel PalmerJul 8, 2019

After a review of documentation for the Libra protocol and its planned ecosystem, Steven Sprague believes Facebook left out key security components.

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