Facebook is facing more opposition regarding its cryptocurrency, with Congresswoman Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, calling for a moratorium on the digital currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The world has gotten its first good look at Libra — Facebook’s long-anticipated move into cryptocurrency and global payments. That move includes new rails (the Libra Blockchain), the new currency (Libra), and the new Geneva-headquartered nonprofit (the Libra Association) that will act as its governing...
The endless speculation over Facebook’s plans to build a new set of global payments rails and launch a global cryptocurrency comes to an end today with the official launch of Libra. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Facebook’s GlobalCoin project has to overcome some big issues before its official launch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
In Facebook’s reported latest move to roll out a digital currency next year, the social media company has recruited a banking lobbyist: Standard Chartered veteran executive Ed Bowles is said to become the social media network’s director of foreign policy based in London, The Telegraph...
Facebook announced that it is launching a new market research app called Study from Facebook. The social media giant, which has come under fire for its handling of user data, has vowed that the app will be used responsibly. Get the Full Story Complete the...
Facebook is set to announce its cryptocurrency later this month, and will reportedly even allow the project’s employees to get paid in the new currency. The social media giant has been working on the project — code-named Project Libra — for more than a year,...
Facebook appears to be moving ahead with the launch of a digital currency, recently kicking off talks with the U.S. derivatives regulator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Facebook is providing more insight into how it shares advertising data, with the launch of its Ads Archive application programming interface (API). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
