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 a move aimed at defending the turf of Germany’s national currency, Angela Merkel’s cabinet approved a blockchain strategy on Wednesday that will prevent any issuance
![[LIBRA] David Marcus on Libra: Stablecoin Won’t Threaten Monetary Sovereignty of Nations](https://crypto-economy.com//wp-content/uploads/2019/09/libra-ceo.jpg)
The embattled Facebook cryptocurrency project dubbed Libra is yet again under fire from regulators prompting David Marcus Libra lead and CEO of Calibra, the Facebook subsidiary
According to a report by Spiegel Online, the German grand coalition, the governing coalition of the two biggest political parties in Germany, is not in the
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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