According to the latest news, Facebook-led Libra has dealt with another blow as the report by G7 group of nation warns global currencies like Libra pose
Social media giant Facebook’s proposed financial system dubbed Libra will have to conform to new rules and regulations in order to be allowed to operate in
![[LIBRA] PayPal Officially Announced its Separation from Facebook-Led Libra](https://crypto-economy.com//wp-content/uploads/2019/10/PAYPAL.jpg)
PayPal has become the first company to walk away officially from Facebook’s Libra. Crypto-economy reported on October 2 that four consortium payment service partners that sponsor
The string of bad news for Facebook’s global cryptocurrency project Libra continues as executives from four payment partners have declined Facebook’s requests to publicly support the
Social media giant Facebook is negotiating with representatives from the US House Financial Services Committee in order to have Sheryl Sandberg, Facebook’s COO testify in front
Libra is in the news since its announcement in June 2019. In a recent blog post on Medium, David Marcus, the head of the Facebook-led libra
![Facebook [LIBRA] – Facebook Acquires Israeli Chat Bot Developer Servicefriend](https://crypto-economy.com//wp-content/uploads/2019/09/facebook-1.jpg)
Social media giant Facebook has acquired ‘hybrid bot’ developer Servicefriend – an Israeli-based tech startup in a deal whose acquisition was undisclosed.
The US regulator can have a sigh of relief as Facebook’s Libra will not use Chinese Yuan in its reserves.
In the past few months, Facebook has been busy furnishing lawmakers with detailed reports as it responds to concerns raised by regulators about Libra. In their
The Libra Association, the non-profit organization behind Facebook’s cryptocurrency project Libra, intends to seek a payment license from a lead supervisory authority under the Swiss Financial
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