Libra

Libra

Markets

Facebook CEO Mark Zuckerberg to Testify Before Congress Over Libra Crypto

Facebook CEO Mark Zuckerberg will defend Libra before U.S. lawmakers later this month.

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Markets

Bank of England Sets Out Rules for Libra Launch in the UK

The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch.

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Markets

US Lawmakers Call on Payment Giants to Exit 'Chilling' Libra Project

Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association.

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Markets

New Libra Fork Will Create Permissionless Stablecoin Free of Corporate Control

Thirty blockchain companies and nonprofit organizations plan to fork the Facebook-led Libra cryptocurrency to build an open alternative.

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Markets

How Anti-Money-Laundering Rules Hinder Libra's Mission to Reach the Unbanked

A "step-ladder" approach to know-your-customer (KYC) rules could help the Libra stablecoin reach those disconnected from the financial system.

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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.

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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