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

Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds
Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds
September 11, 2019  |  Digital Banking

Kill the check. Shutter the branch. Make that leather wallet a mobile one, wielded on smartphones. The push toward digital banking seems an inexorable one, with the...

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Libra’s Regulatory Wish List For — And From — The Swiss
Libra’s Regulatory Wish List For — And From — The Swiss
September 11, 2019  |  Cryptocurrency

In Libra-land, the speed bumps, hurdles and possibly even roadblocks continue to spring up. In reference to the regulatory climate, don’t expect it to ease...

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Libra Association Pursues FINMA Payment License
Libra Association Pursues FINMA Payment License
September 11, 2019  |  Cryptocurrency

The Libra Association is petitioning the Swiss Financial Market Supervisory Authority (FINMA) for a Swiss payment system license for its planned Libra cryptocurrency, Reuters reported...

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Financial Action Task Force Keeping Tabs On Libra
Financial Action Task Force Keeping Tabs On Libra
September 10, 2019  |  Cryptocurrency

The Paris-based Financial Action Task Force (FATF), an organization which acts as the standard-setter for anti-money laundering (AML) standards around the globe, said it is...

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Libra To Face Strict Standards To Prevent Money Laundering, Terrorism Financing
Libra To Face Strict Standards To Prevent Money Laundering, Terrorism Financing
September 10, 2019  |  Cryptocurrency

The Geneva-based, Facebook-led Libra cryptocurrency will have to adhere to stringent regulations, Reuters reported on Tuesday (Sept. 10). U.S. Under Secretary of Terrorism and Financial...

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Jack Dorsey Brushes Off Plans For Square Crypto
Jack Dorsey Brushes Off Plans For Square Crypto
September 08, 2019  |  Cryptocurrency

There are no plans for Twitter to create its own digital currency similar to Facebook’s Libra. Founder Jack Dorsey said in an interview he has no...

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China Central Bank Said To Ready Crypto Launch
China Central Bank Said To Ready Crypto Launch
September 05, 2019  |  Cryptocurrency

In China, the central bank will debut a state-backed cryptocurrency that initially will be issued to seven institutions in that country, Forbes reported this week. The...

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Facebook Adds New Lobbyists In Libra Push
Facebook Adds New Lobbyists In Libra Push
September 05, 2019  |  Facebook

Facebook has added two new lobbyists in its bid to make its proposed cryptocurrency Libra a reality, according to a report by Bloomberg. The social...

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EU Regulators Probing Libra For Antitrust Issues
EU Regulators Probing Libra For Antitrust Issues
September 05, 2019  |  Facebook

EU regulators are investigating if Facebook’s planned cryptocurrency will harm competition. European Competition Commissioner Margrethe Vestager said the move was justified even though Libra hasn’t...

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