Big tech companies are swiftly planning to move to the financial sector. With Google’s checking accounts to Facebook’s digital currency, the traditional banking system will face direct competition with the...
The recent developments hint Facebook may be moving away from Libra Association. As one of the association members confirmed the BBC: “We’ve seen Facebook start to move away from the...
Ahead of Oct 23 hearing, Mark Zuckerberg has shared his testimony with the U.S. House of Representatives Committee on Financial Services addressing several concerns lawmakers have expressed over the launch...
Libra council members meeting on 14th Oct in Geneva, Switzerland was attended by all remaining 21 members. The members formally signed the charter. Additionally, the council appointed the board of...
As things were just starting to settle down, Facebook’s initiated Libra stablecoin lost another key founding member, Booking Holdings, an online travel company that operates websites Booking.com, Kayak.com, and Priceline.com....
PayPal withdraws its application from Facebook’s Libra association, a group of members to oversee the governance of Libra network. Since the announcement of Facebook’s Libra project, policymakers around the world...
PayPal withdraws its application from Facebook’s Libra association, a group of members to oversee the governance of Libra network. Since the announcement of Facebook -initiated cryptocurrency project, Libra in June...
Since the announcement of Facebook’s plans to launch a cryptocurrency project, Libra, it came under fire from policymakers around the world. Governments/regulators around the world are concerned that the new...
As Facebook gets ready to launch its cryptocurrency in 2020, the group is putting the pieces together. As per the TechCrunch report, Facebook has acquired Servicefriend, a startup which builds...
Representatives of Libra association will meet 26 Central Bank officials which include U.S. Federal Reserve and Bank of England. As per the Financial Times report, Benoit Coeure, a member of...