On June 18, 2019, Facebook announced Libra. It's a virtual currency or cryptocurrency. Even if some people don't agree with that definition. says, it will run on a blockchain. Again, that is a ...
FB long-awaited cryptocurrency is finally here. Details about Libra, the social-media giant's cryptocurrency, were revealed in a white paper that provided a detailed overview of the token's intended ...
PayPal has pulled out of Facebook’s digital currency project, known as Libra, a blow to the social media company that has faced stronger-than-expected scrutiny over its proposed creation of an ...
WASHINGTON -- Federal Reserve Chairman Jerome Powell says that Facebook's new digital currency, Libra, "raises many serious concerns" and will be closely monitored by U.S. and overseas regulators.
In context: It feels like just about every company is trying to hop on board the cryptocurrency train, and Facebook was no different. Back in 2019, the social media giant unveiled "Libra," its own ...
Facebook is getting a taste of the regulatory pushback it will face as it creates a new digital currency with corporate partners. Just hours after the social media giant unveiled early plans for the ...
ZURICH/LONDON (Reuters) - Facebook's planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory ...
Facebook has announced its own form of cryptocurrency called Libra alongside a digital wallet named Calibra, which will allow users to pay for everyday items directly using their smartphone. Here is a ...