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...
Libra changes white paper to win over regulators
Realizing that a basket of fiat currencies would never please anyone, Libra has now shifted to developing several stablecoins.
G20’s Financial Stability Board warns of Libra-like stablecoin risk
The Financial Stability Board published a list of recommendations in a bid to shape a common global response to regulating...
Facebook sues developer behind ‘cloaked’ digital currency, COVID-19 scams
A software developer created an app that allowed companies to circumvent Facebook’s controls against deceptive ads.
Qatari billionaire takes Facebook to court for fake crypto ads
The billionaire businessman has sued Facebook in an Irish court for allowing his face to be used by scammers on...
European Union regulators weighing options on Facebook Libra
Regulators in the European Union are reportedly struggling to decide how best to regulate Facebook Libra and the wider sector.
