
Libra
US Congress seeks to regulate stablecoins with new STABLE Act
The STABLE Act seeks to treat stablecoin issuers as banks, requiring them to obtain a banking charter and abide by...
Facebook’s Libra launching in 2021 and Libra Association changes its name
According to three individuals involved in the initiative, Facebook’s digital currency project Libra will launch in 2021–but it will be
Facebook Libra taps ex-OCC exec as lead counsel
The Libra Association has announced Saumya Bhavsar as the general counsel for its payment subsidiary, Libra Networks.
BIS: Regulation could be embedded in stablecoins
The Bank for International Settlements (BIS) has said regulation could be embedded into private global stablecoins, such as Facebook’s Libra.
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...
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...
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