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

Facebook’s Libra To Make 2021 Debut As Single, Dollar-Backed Coin
Facebook’s Libra To Make 2021 Debut As Single, Dollar-Backed Coin
November 29, 2020  |  Cryptocurrency

Facebook‘s digital currency, Libra, could launch by January, but in a “limited format,” according to officials, as reported by Financial Times (FT). Libra, which has...

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Will Facebook’s Libra Be Part Of A New, Faster Payments System?
Will Facebook’s Libra Be Part Of A New, Faster Payments System?
November 11, 2020  |  Faster Payments

For Libra — the digital currency backed by Facebook and a consortium of enterprises — will speed make a difference toward adoption (if it ever...

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Former Top HSBC Executive Heads To Facebook’s Libra As CFO
Former Top HSBC Executive Heads To Facebook’s Libra As CFO
October 15, 2020  |  Cryptocurrency

The Libra Association, the Facebook-backed stablecoin project, has named former HSBC executive Ian Jenkins as chief financial officer (CFO) and chief risk officer (CRO) of...

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G7 Set To Oppose Facebook Libra Over Lack Of Regulations
G7 Set To Oppose Facebook Libra Over Lack Of Regulations
October 12, 2020  |  Cryptocurrency

Facebook’s proposed global digital currency Libra is expected to get pushback from G7 leaders who are anticipated to publicly oppose the project due to a...

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Today In Digital-First Banking: ClearBank Unveils Multicurrency Accounts; LoanDepot Eyes IPO
Today In Digital-First Banking: ClearBank Unveils Multicurrency Accounts; LoanDepot Eyes IPO
September 18, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, ClearBank has begun offering multicurrency bank accounts through an application programming interface (API), and LoanDepot is considering going...

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EU Bankers Weigh Risks, Rewards of CBDC – and Cash’s Staying Power
EU Bankers Weigh Risks, Rewards of CBDC – and Cash’s Staying Power
September 15, 2020  |  Cryptocurrency

Central bank digital coins on the Continent – but plenty of room for cash. To that end, Bloomberg reported at least some financial regulators from...

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FATF: Stablecoins Could Be The Currency Of Choice For Money Launderers, Terrorists
FATF: Stablecoins Could Be The Currency Of Choice For Money Launderers, Terrorists
July 10, 2020  |  Cryptocurrency

Stablecoins, the virtual currencies which seek price stability, could be the next target for money laundering and terrorist financing, a report found. The survey, requested...

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EU To Crack Down On Stablecoin Projects
EU To Crack Down On Stablecoin Projects
June 28, 2020  |  Cryptocurrency

The European Union (EU) is preparing to update its cryptocurrency rules that could make it more difficult for stablecoin projects, such as Facebook Inc.’s proposed...

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Facebook Changes Blockchain Name To Avoid Confusion
Facebook Changes Blockchain Name To Avoid Confusion
May 26, 2020  |  Facebook

Facebook’s blockchain division, Calibra, will get a new name as a way to distance it from Facebook’s Libra digital currency, according to a Bloomberg report...

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