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Facebook Libra’s AoA Underwent a Raft of Changes

Very Quietly Facebook Libra’s AoA Underwent a Raft of Changes

Libra, the most ambitious project of Facebook, has started shifting its stance. After enduring partner roll downs and criticism from Congress, it has reviewed...
Libra and the SEC

US SEC Wants to Register Libra as a Security

The U.S. has a new draft bill. Under it, Facebook’s Libra would be viewed as a security. And fall within the jurisdiction of the...
Libra dumped by paypal

CEO Dan Schulman Gives Inside Story on PayPal Dumping Libra

Paypal CEO, Dan Schulman gave interesting insights into why the online payment processor left Facebook's Libra. In an interview with Fortune’s editors and writers, Schulman...
Ethereum's Buterin Suggests “Too Many Cooks Are Spoiling Libra"

Ethereum’s Buterin Suggests “Too Many Cooks Are Spoiling Libra”

Libra, Facebook’s ambitious project, is being mentioned not only by the regulators. Ethereum co-founder Vitalik Buterin, the spotlight speaker at Samsung’s Software Developer Conference 2019,...
Zuckerberg Defends Libra before US Congress

Zuckerberg Defends Libra Before US Congress

Facebook proposed digital currency Libra has come under scrutiny as regulators around the globe express disapproval over the project. The Libra dilemma continues as...
Facebook’s Libra Drifts: Might Be Backed by Series of Stablecoins

Facebook’s Libra Drifts: Might Have Series of Stablecoins Instead

David Marcus, Head of Libra, suggested an alternative approach to the project's development. They might “do it differently” after all. Explaining the deviation, he said that...
Libra is a Better Version of Bitcoin, says David Marcus

Libra is a Better Version of Bitcoin, says David Marcus

Head of Facebook’s proposed cryptocurrency wallet Calibra, David Marcus gave his perspective of cryptocurrency. Particularly, Bitcoin and Libra. In an interview with Squawk Box's Joe...
Facebook's Libra now has a formal council

It’s Official: Uber, PayU and Spotify Remain with Facebook’s Libra

Six high-profile supporters left the Libra association last week. However, many have chosen to stay. Now, Libra has a formal council, elected Board of...

Major Setback: Libra Loses Five Supporters

As the relentless regulatory scrutiny of Libra continues, the major players quit Libra. On Friday, Mastercard and Visa made an official announcement about their...
Libra

“Don’t Expect Libra Anytime Soon,” Brad Garlinghouse

CEO of Ripple, Brad Garlinghouse became the latest to voice concerns about Facebook's cryptocurrency plans. Speaking to Fortune’s Balancing the Ledger, Garlinghouse admitted that Facebook...