Libra
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.
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.
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.
US Treasury Secretary Mnuchin Says G7 in Agreement on Libra, Cryptocurrencies
“There was a clear agreement ... that Libra, in particular, raises some very significant concerns, and cryptocurrencies more broadly," said Mnuchin.
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."
Consumer Advocates Urge Libra Members to Quit Facebook Crypto
A coalition of consumer advocacy groups urged the Libra Association's 28 member firms to quit the Facebook-led project.
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.
WATCH: A FinTech Lawyer Breaks Down Libra's Legality
Joel Telpner, chair of the Fintech and Blockchain Practice Group at Sullivan & Worcester LLP, sees Libra's creation as setting a fascinating - and treacherous - precedent.
WATCH: Lukka CEO Believes in a Future Full of Corporate Tokens
Lukka CEO and investor Jake Benson sees Libra's real value as a guinea pig that will allow regulators to test the limits of crypto.
Facebook Libra Risks to Financial Stability Demand 'Highest' Regulatory Standards, Says G7
The G7 group of nations has warned of the threat posed by stablecoins such as Facebook's Libra and set out draft recommendations for regulation.
