G7: Facebook’s Libra must not launch until it’s properly regulated
Financial regulators in the world’s seven biggest economies will continue to oppose the launch of Facebook’s digital currency Libra until proper regulations are in place.
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Libra replaces general counsel with ex-Homeland Security chief
Stevan E. Bunnell, former general counsel for the U.S. Department of Homeland Security, has taken up post as Facebook Libra’s chief legal officer.
The CoinGeek Pulse: Episode 8
Facebook returned to its financial ambitions this week, while Goldman Sachs sounded a positive note on digital currencies.
Libra co-founder spearheads Facebook’s ‘all things payments’ group
Facebook Financial—to be known internally as F2—aims at making the social media giant a big player in the payments industry.
Facebook, Google face $300B lawsuit over digital currency ad ban
The tech giants are facing a possible $300 billion class-action lawsuit over their decision to ban digital currency ads.
Brazil regulator lifts Facebook ban, WhatsApp payments still suspended
A Brazilian regulator has lifted a ban on WhatsApp payments. However, users still can’t process payments on WhatsApp due to outstanding central bank ban.
Brazil central bank freezes WhatsApp payments
The system was not analyzed by monetary authorities in advance, and posed risks to the wider payment system in Brazil, central bank says.
Facebook Libra announces new name—Novi
Rebranding Calibra to Novi is Facebook’s latest move in its restructuring of Libra.
Fake Libra scams pose new challenge for Facebook
Almost a year after Facebook’s Libra was first announced, the outlook for the stablecoin looks starkly different.
Google bans legit digital currency company but promotes clone
Google has refused to accept ads from CoinCorner exchange for years, but in a cruel twist, it has been promoting an ad for a clone of the British exchange.
Facebook doubles down on Libra with 50 new hires
The new starts will work from Facebook’s Dublin office for its Calibra payments subsidiary.
Facebook tries to invent PayPal again with Libra II
The Libra project is looking to get things off the ground in a different way, applying for a financial license with the Swiss regulator.