Giant social media company Facebook released the whitepaper for its proposed cryptocurrency Libra about a month ago on June 18th to immediate criticism from lawmakers and
Facebook’s struggles to gain both public and regulatory approval for its upcoming Libra cryptocurrency project gained more traction with the latest installment from the US central
For more than 10 years, regulators across the globe have been dragging their feet when it comes to developing rules that control the flow of funds
Many crypto enthusiasts are eagerly waiting for Facebook hearing on July 16 . However, David Marcus ,Calibra’s head ,has decided to go ahead and preempt what
5 US lawmakers have jointly asked Facebook to consider a moratorium on its proposed cryptocurrency and digital wallet (Libra and Calibra respectively) in a formal letter
In an unexpected twist, the Bank of International Settlements (BIS) has revealed that it is now in favor of its member states developing digital currencies. It
Binance wants to list Facebook’s Libra cryptocurrency when it goes live. In a series of interviews held this week with industry media, Binance’s strategy officer Gin
On Thursday, June 26th, members of the US House of Representatives held a meeting with Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco over the potential
Even before it launches, Facebook’s cryptocurrency Libra is causing jitters amongst the financial elite as well as political powerhouses across the globe. The Eurozone has decided
Facebook’s June 18th announcement of its stablecoin cryptocurrency dubbed Libra stirred some concerns from political elites and financial juggernauts over the impending doom if the project
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