When Facebook announced its intention to create the Libra coin, the world had expected a smooth ride to the delivery of the project. However, within months...
PayPal has decided to withdraw from Facebook’s crypto project dubbed Libra. The renowned payments processor has made this move amidst mounting concerns of regulatory inspection from...
Visa, Mastercard, Stripe, PayPal are allegedly unsure whether they will continue backing the Libra project. A report unveiled this news on October 2, noting that the...
Facebook is in talks with the US House congressional committee to allow its COO, Sheryl Sandberg to testify on Libra. A report unveiled this news on...
FINMA, Switzerland’s market watchdog is set to inspect Facebook’s Libra stablecoin strictly before approving it. A report unveiled this news on September 11, noting that Libra...
Facebook has shared the details of the proposed reserve currencies that will back the Libra stablecoin. A report unveiled this news on September 9, noting that...
Facebook has hired a Washington-based lobbying firm to help it tackle the negative feedback triggered by the unveiling of Libra. A press release on August 26...
The governor of the Bank of England, Mark Carney is vouching for the remodeling of the global financial system. According to him, this is achievable by...
Facebook’s two-month-old Libra is reportedly facing an anti-trust probe by European Union regulators. Citing a document seen by Bloomberg, the report indicates that the European Commission...
In its latest quarterly report, Facebook reminded its investors that it aims to roll out Libra in the coming year. However, the social giant believes that...
