The Libra Association, which is the governing body of the controversial stablecoin introduced by Facebook in June 2019, has now formed a new committee. The new committee will guide the ...
Ever since Facebook announced its Libra project whitepaper in June, it has encountered opposition from authorities and regulators. The Facebook-sponsored digital currency is striving to get approval from the European ...
Facebook has faced severely unexpected backlash and opposition from governments and authorities around the world ever since it launched its Libra project’s white paper in June. Some prominent American politicians ...
Facebook wants to create a better payment system, according to Libra Project Head, David Marcus. In a meeting with bankers, he emphasized that the tech giant is flexible in its ...
Social media company Facebook has been fighting tooth and nail to ensure that its cryptocurrency project Libra manages to see the light of the day. Its executives are busy swaying ...
The first meeting of the Libra Association was conducted in Geneva, Switzerland earlier this week which allowed all 21 members to create a governance model for the project. Facebook’s Calibra ...
Ever since Facebook unveiled the white paper for its Libra project, it has faced unending opposition. Most authorities, governments, central banks, and regulators are worried that it might shake up ...
Since Facebook unveiled its Libra project in June, it has faced opposition from regulators, financial institutions, and governments from around the world. However, Facebook is striving relentlessly to ensure that ...
Social media giant Facebook thinks that if the US government fails to innovate in financial services, it will create a threat to national security. Treasury Secretary Steven Mnuchin had earlier ...
US Treasury Secretary Steven Mnuchin on Monday criticized Facebook and its plan to launch a digital currency. He also emphasized national security issues that could arise out of the coin. ...
