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.
Latest Libra News
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.
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 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.
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.
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 stablecoins.
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.
FinCEN: Work within the rules or face enforcement action
Cryptocurrencies, and those developing them, must conform to existing anti-money laundering principles or face action.
8 must-see presentations at CoinGeek London conference
Patrick Thompson lists the presentations that he's looking forward to the most at the upcoming CoinGeek Conference at Old Billingsgate in London.