Browsing the "Facebook" Tag

Visa, Mastercard, eBay, Stripe Follow PayPal in Quitting Facebook’s Libra Project

| Nikhilesh De and Brady Dale

Visa, Mastercard, eBay, Stripe, Mercado Pago and PayPal have all withdrawn from the Libra Association now.

Facebook CEO Mark Zuckerberg to Testify Before Congress Over Libra Crypto

| Nikhilesh De

Facebook CEO Mark Zuckerberg will defend Libra before U.S. lawmakers later this month.

US Lawmakers Call on Payment Giants to Exit ‘Chilling’ Libra Project

| William Foxley

Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association.

New Libra Fork Will Create Permissionless Stablecoin Free of Corporate Control

| Christine Kim

Thirty blockchain companies and nonprofit organizations plan to fork the Facebook-led Libra cryptocurrency to build an open alternative.

Now Traders Can Make Bets on When Facebook’s Libra Will Launch

| William Foxley

Crypto futures exchange CoinFLEX is issuing derivatives linked to the launch of the Facebook-led Libra cryptocurrency project.

US House Committee Pressuring Zuckerberg to Testify on Libra: Report

| William Foxley

Facebook CEO Mark Zuckerberg is facing pressure to testify before U.S. lawmakers on the firm's cryptocurrency project Libra.

PayPal Might Withdraw From Libra Association: Report

| Nikhilesh De

PayPal might pull out of the Facebook-led Libra project, according to a Financial Times report.

American Banking Giants Sound Off Against Libra as Monetary Threat

| David Pan

Execs from some of the biggest U.S. banks reportedly told the Federal Reserve that Facebook’s Libra would pose a threat to monetary policies.

European Competition Watchdog Fears Libra’s ‘Closed Economy’

| Daniel Kuhn

The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy.

Mark Zuckerberg Addresses Libra Regulation, KYC in Leaked Transcript

| William Foxley

In leaked comments from a July meeting, Facebook CEO Mark Zuckerberg discussed internal issues for the firm's crypto network, Libra.