Facebook is allegedly determining whether it needs to sell its Diem assets as regulatory pressure increases against Mark Zuckerberg's crypto project. While citing anonymous sources, Bloomberg reported that The Diem ...
Diem’s push to launch stablecoins and a payment system to serve the entire world suffered from another development of anti-crypto sentiment among major US policymakers. Facebook came up with an ...
The head of Facebook's crypto unit, David Marcus, informed news reporters at The Information that the social media giant’s leaders are entirely committed to launching the digital wallet known as ...
Diem, a Facebook-owned and blockchain-based financial payment division, has successfully secured regulatory approvals from nearly all states across the United States. In an August 18 Twitter blog post, David Marcus, ...
Stevan Bunnel, a former U.S. Homeland Security Department general counsel, has come in as Libra Association’s top lawyer. Since he left the Homeland Security Department in 2017, Bunnell has acted ...
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 ...
