Facebook Libra a ‘security’ under US bill, increasing regulatory scrutiny
Known as the Managed Stablecoins are Securities Act of 2019, the bill would mean Libra was subject to the structures of U.S. securities law.
Latest Libra News
Facebook Libra, like other digital currencies, must comply with rules: Bank of Japan
Speaking about Facebook Libra specifically, Bank of Japan Deputy Governor Masayoshi Amamiya said it was important to bear in mind “the potential global user-base could be enormous.”
Ex-Facebook Libra backer Mastercard comes clean, explains why it dropped out
With Facebook Libra not ready to be a part of a global financial network, Mastercard felt it needed to bow out of the project.
Facebook Libra meets fresh challenge from Australian regulators
The Libra Association may have to submit further details about how the asset will operate before Australian regulators will permit a rollout in the country.
Facebook Libra could be responsible for creation of digital euro
The Finnish government also emphasizes in its paper that an EU-wide framework for crypto should be adopted by financial regulators in order to ensure all countries are on the same page.
Here’s how Facebook can utilize Bitcoin SV
A logical reason why Facebook’s Libra should have been launched on regulation-compliant, Bitcoin SV (BSV) blockchain.
Europe wants to ban Facebook Libra as German banks demand digital euro
The Libra will never launch, if Europe has its way. But German banks want some kind of state alternative.
Jack Dorsey declines Facebook Libra to back new crypto startup
The Twitter CEO is among investors to have participated in the $10 million funding round for CoinList, a firm which works with companies to advise on token issues.
Facebook Libra gets pounded amid attempts to boost support
Facebook executives are more determined than ever to see the Libra stablecoin participate in a global economic system.
This week in tech: China all in on blockchain, more nations explore CBDCs
Led by its Chairman Xi Jinping, China is all in on blockchain as Bahamas explores CBDC. Regulators are also stepping up their game as blockchain makes its mark
CryptoTime tackles Facebook Libra exodus, BTC child pornography
Shillingford and Coughlan return to give predictions on Libra, and how governments are learning to use Bitcoin against crime.
Facebook Libra roundup: Twitter says no, Visa still interested
The chance of Facebook’s Libra stablecoin getting off the ground are not that great.. Dorsey’s response wasn’t just no, it was an emphatic “Hell no.”.