Facebook CEO Mark Zuckerberg testified before the United States House Of Representatives Committee on Financial Services on Tuesday (Oct. 22). He spoke about the company’s intentions with Libra, and sought to assuage the concerns of regulators and legislators around the world that the currency could...
David Marcus, CEO of Facebook’s wallet service Calibra, said that Libra could use national currency-pegged stablecoins like a dollar stablecoin, rather than the synthetic one it initially proposed, Reuters reported on Sunday (Oct. 20). Marcus, who heads the Libra project for Facebook, told a banking...
David Marcus, the co-creator of Facebook’s Libra cryptocurrency, said progress is being made despite the exit of several big companies, CNBC reported on Wednesday (Oct. 16). “It wasn’t a tough week,” Marcus told CNBC. Aside from being Libra’s co-creator, he also heads the Libra wallet...
After the mass exodus on Friday (Oct. 11) from the Libra project, the cryptocurrency’s remaining 22 corporate backers are gathering in Geneva, Switzerland to throw their weight behind the new cryptocurrency. PYMNTS takes stock of who’s left, what’s next and why building a network without firms...
October 14, 2019
After the mass exodus on Friday (Oct. 11) from the Libra project, the cryptocurrency’s remaining 22 corporate backers are gathering in Geneva, Switzerland to throw their weight behind the new cryptocurrency. PYMNTS takes stock of who’s left, what’s next and why building a network without firms to lay the critical tech infrastructure — especially for payments — will be no easy undertaking.
April 16, 2020
With a revised version of the planned digital currency, Facebook‘s Libra will be supervised by worldwide watchdogs and connected to individual country currencies. The potential of the 2.5 billion users of Facebook using Libra has garnered regulatory scrutiny, Reuters reported. Libra will now provide stablecoins based on a roster of separate currencies to be determined. It noted […]
October 22, 2019
Facebook CEO Mark Zuckerberg testified before the United States House Of Representatives Committee on Financial Services on Tuesday (Oct. 22). He spoke about the company’s intentions with Libra, and sought...
October 20, 2019
David Marcus, CEO of Facebook’s wallet service Calibra, said that Libra could use national currency-pegged stablecoins like a dollar stablecoin, rather than the synthetic one it initially proposed, Reuters reported...
October 16, 2019
David Marcus, the co-creator of Facebook’s Libra cryptocurrency, said progress is being made despite the exit of several big companies, CNBC reported on Wednesday (Oct. 16). “It wasn’t a tough...
