Libra

Libra (cryptocurrency) Libra is a permissioned blockchain digital currency proposed by the American social media company Facebook. ... The currency and network do not yet exist, and only rudimentary experimental code has been released. The launch is planned to be in 2020.

Source: en.wikipedia.org

Global Regulators Debate Stablecoin Risks With JPMC
Global Regulators Debate Stablecoin Risks With JPMC
September 16, 2019  |  Cryptocurrency

Global central bank officials met with leaders from both Facebook’s Libra Association and JPMorgan to discuss policies and regulation around new cryptocurrencies, the Bank for...

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For Big Tech, Antitrust Scrutiny Deepens
For Big Tech, Antitrust Scrutiny Deepens
September 16, 2019  |  Regulation

Now the letters fly from the U.S. Congress  — with an eye on documents that show the inner workings of Big Tech. On Friday, the House...

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26 EU Central Bankers Set To Grill Libra Execs Today
26 EU Central Bankers Set To Grill Libra Execs Today
September 15, 2019  |  Cryptocurrency

Libra Association representatives are getting ready to face questioning by 26 central banks over the potential peril the proposed cryptocurrency poses to financial strength, the...

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France And Germany Call For Public Crypto, Oppose Libra
France And Germany Call For Public Crypto, Oppose Libra
September 13, 2019  |  Cryptocurrency

France and Germany released a joint statement on Friday (Sept. 13) that calls out Facebook’s proposed cryptocurrency Libra as potentially harmful to the financial sector,...

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Visa And MoneyGram P2P, Along With Jack Ma, Top Week’s News
Visa And MoneyGram P2P, Along With Jack Ma, Top Week’s News
September 13, 2019  |  News

It was a very busy week for payments and commerce, and the new edition of the PYMNTS Weekender reflects that fact. We have news about...

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Google’s AG Onslaught A Big Fizzle For Tech
Google’s AG Onslaught A Big Fizzle For Tech
September 13, 2019  |  Sizzle/Fizzle

In many cases, unity is a good thing. Banding together for a common cause, perhaps a charitable one, or rooting all together for a home...

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Euro Zone Working On Plan To Roll Out Digital Currency
Euro Zone Working On Plan To Roll Out Digital Currency
September 13, 2019  |  Cryptocurrency

With aspirations to make projects like Facebook’s Libra redundant, euro zone central banks and governments are at work on a plan to roll out a public...

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Uhive To Pilot Blockchain-Based Social Network This Year
Uhive To Pilot Blockchain-Based Social Network This Year
September 12, 2019  |  Blockchain

New social network Uhive has raised $2.3 million in funding, and it ran a successful pilot program that attracted 50,000 early access-users. Now, the network’s...

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Libra Forces Cryptocurrency Regulators To Reexamine Procedures
Libra Forces Cryptocurrency Regulators To Reexamine Procedures
September 12, 2019  |  Regulation

Facebook’s Libra project has renewed focus on how cryptocurrencies are regulated, with current rules on the sector patchy and varying from country to country. This...

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