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Facebook met UK regulators ‘three times’ before announcing Libra

Business 20 September 2019

Facebook met UK regulators ‘three times’ before announcing Libra

Reuters learned Facebook had met with the Bank of England, the Treasury and regulatory officials before going public with its planned launch.

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Facebook Libra dealt another blow as Germany reveals blockchain strategy

Business 19 September 2019

Facebook Libra dealt another blow as Germany reveals blockchain strategy

Facebook Libra’s prospects in the European Union were dealt another blow today with the unveiling of Germany’s new comprehensive blockchain strategy.

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Facebook Libra exec hits back at claims of stablecoin threat

Business 17 September 2019

Facebook Libra exec hits back at claims of stablecoin threat

David Marcus feels that Libra would not be a threat to any nation’s sovereignty, but many have not yet been convinced that this is true.

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Facebook Libra faces more backlash as Germany plans to block it

Business 16 September 2019

Facebook Libra faces more backlash as Germany plans to block it

Germany is the latest to take a firm stance against the Facebook's digital currency and this is going to have serious implications on Libra’s future.

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Ryan X. Charles talks making crypto payments easily available to all

Interviews 16 September 2019

Ryan X. Charles talks making crypto payments easily available to all

In an interview with CoinGeek’s Becky Liggero, Ryan X. Charles explained how cryptos are changing the lives of millions in Latin America.

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Facebook Libra is not welcome in Europe, if France gets its way

Business 13 September 2019

Facebook Libra is not welcome in Europe, if France gets its way

Criticizing what he called the “privatisation of money,” French Finance Minister Bruno Le Maire said Facebook Libra’s risks were too many and severe to be tolerated by regulators in the European Union.

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Facebook Libra plans to seek payments license in Switzerland

Business 12 September 2019

Facebook Libra plans to seek payments license in Switzerland

The Libra Association has submitted a request to Switzerland’s Financial Market Supervisory Authority for clarification on how the regulator would classify Facebook Libra.

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‘Big Brother’ billionaire goes after Facebook over fake BTC ads

Business 11 September 2019

‘Big Brother’ billionaire goes after Facebook over fake BTC ads

John De Mol, who developed ‘Big Brother’ and several other successful TV show formats, has been unsuccessful in reaching an agreement with Facebook over the fake BTC ads.

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Facebook reveals basket of currencies backing Libra

Business 10 September 2019

Facebook reveals basket of currencies backing Libra

Facebook responded to a senator’s questions regarding which currencies it will work with for Libra’s launch.

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Apple is ‘watching’ crypto, forecasting ‘long-term potential’

Business 6 September 2019

Apple is ‘watching’ crypto, forecasting ‘long-term potential’

Apple Pay VP Jennifer Bailey described the “interesting potential” of cryptocurrency from the tech giant’s perspective.

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European Central Bank exec slams Libra as ‘cartel-like’

Business 3 September 2019

European Central Bank exec slams Libra as ‘cartel-like’

Luxembourg lawyer and ECB executive board member Yves Mersch called Facebook out on its crypto whose central governance will be its greatest impediment.

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Facebook hires lobbying firm to save Libra

Business 27 August 2019

Facebook hires lobbying firm to save Libra

Facebook his hoping some Washington expertise can help save their Libra vision.

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