A new report by the G7 member countries has taken a hardline stance against Facebook Libra as they saw such digital currencies posing risks to the global financial system. According
Visa, Mastercard, eBay and Stripe Quit Facebook Libra
Facebook Libra continues to be plagued by troubles. Mastercard, Visa, eBay and Stripe have become the latest big names to walk out of the Facebook Libra Association. Earlier this week,
Mark Zuckerberg to Testify Before Congress Over Libra
Facebook CEO Mark Zuckerberg will face the heat from US regulators once again over Libra later this month. The House Financial Services Committee has announced that Zuckerberg will testify before
PayPal Withdraws Support From Libra
In what will come as a massive blow, US payment services PayPal announced that it was pulling out of Facebook’s cryptocurrency project, Libra. After weeks of whispers and rumours, PayPal
Facebook Libra Association Members Reconsidering Involvement in the Project?
Payment companies that are part of the Libra Association are suddenly not sure about Facebook’s first crypto initiative. According to the Wall Street Journal, Visa, Mastercard and a few other
Libra Has No Official Launch Date Yet
Ever since social media giant, Facebook announced that it was all set to launch its own cryptocurrency project, Libra, the company has been slammed with one controversy after the other.
Facebook Reveals Percentage Breakdown of its Libra Cryptocurrency
According to German newspaper Der Spiegel, Facebook has revealed the percentage breakdown of its Libra cryptocurrency. Libra is a cryptocurrency backed by a basket of fiat currencies. While it is
Wall Street Banks Creating Something Worse Than Libra: Anthony Pompliano
With Libra facing regulatory issues and never-ending criticism, it has found unlikely support in Anthony Pompliano, who is the co-founder and partner at Morgan Creek Digital. Taking to Twitter, Pompliano
Ethereum Founders May Work With Libra
Ethereum founders, Vitalik Buterin and Joseph Lubin came together to comment on the update of their development for their blockchain system. The discussion took place at the Ethereal Summit in
Libra to Meet Officials from 26 Central Banks
Controversy-ridden Libra, the cryptocurrency project under Facebook is all set to answer questions posed by various central banks, from across the world today. News portal, Financial Times reported that Facebook
