Search for: libra

Binance Is Pitching Its Stablecoin as a Government-Friendly Libra Competitor

| Ian Allison

Binance is now positioning its Venus stablecoin project as an alternative to Facebook's Libra, a month after downplaying any suggestions of rivalry.

Facebook’s David Marcus Responds to Critics Over Libra ‘Threat’

| Daniel Palmer

The head of Facebook's Calibra has spoken out to "debunk" allegations that the Libra project poses a threat to nations' fiscal sovereignty.

Central Banks to Question Facebook-Led Libra Over Financial Risks

| Daniel Palmer

The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.

Facebook’s Libra Pushes Back at Claims Project Is Threat to Financial Stability

| Daniel Palmer

The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability.

France Says It Will Block Facebook Libra in Europe

| Daniel Palmer

The French finance minister has said the nation plans to block Facebook's Libra cryptocurrency in the EU over its threat to national currencies.

Facebook Libra Brings ‘Risks and Opportunities’: Swiss Watchdog Chief

| Daniel Palmer

FINMA's director has spoken out about the risks of working with a major project like Facebook's Libra, and said there are also potential benefits.

Facebook Libra Is Seeking to Register as a Payment System in Switzerland

| Daniel Palmer

The non-profit set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland.

Vulnerability Fixed in Facebook Contract Language for Libra Cryptocurrency

| William Foxley

The vulnerability in the Move IR compiler allows malicious actors to introduce executable code to their smart contracts," OpenZeppelin’s CEO Demian…

Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official

| Daniel Palmer

Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said.

Facebook Adds Singapore Dollar to Libra Crypto Basket: Report

| Nikhilesh De

Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin.