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

A Tale Of Innovations — And Potential Setbacks
A Tale Of Innovations — And Potential Setbacks
July 23, 2019  |  Today In Data

Nothing is ever guaranteed, no matter the innovation or the size of the company. That’s pretty clear as Facebook’s Libra plan commands continued focus from...

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Facebook Q2 Earnings Preview: Ad Sales, Libra To Affect Growth
Facebook Q2 Earnings Preview: Ad Sales, Libra To Affect Growth
July 23, 2019  |  Earnings

It’s been a wild couple of weeks – or months – for Facebook. Amid privacy concerns, Senate hearings and Libra drama, it’s time for the...

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Libra’s Long Week In Washington 
Libra’s Long Week In Washington 
July 22, 2019  |  Regulation

While we cannot accurately say that the two days Facebook’s David Marcus were the worst two days a Facebook executive has ever had in front...

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Visa’s PayWorks Acquisition, Amazon’s Prime Day Top This Week’s News
Visa’s PayWorks Acquisition, Amazon’s Prime Day Top This Week’s News
July 19, 2019  |  The Weekender

We hope you had a great week, and that you didn’t miss any important news from the world of payments and commerce. The PYMNTS Weekender, as...

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G7 Agrees To Tax Big Tech And Cut Libra No Slack
G7 Agrees To Tax Big Tech And Cut Libra No Slack
July 18, 2019  |  Regulation

Group of Seven finance ministers and central bankers said digital currencies need to be closely regulated so that they don’t disrupt the global financial system....

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eBay Chief Says Libra Is A Risk, But Shows Promise
eBay Chief Says Libra Is A Risk, But Shows Promise
July 18, 2019  |  Cryptocurrency

The CEO of eBay, Devin Wenig, said his company’s support of Libra could potentially be a gamble, but that if it pays off it will...

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Treasury Secretary: US Will Police Cryptocurrencies
Treasury Secretary: US Will Police Cryptocurrencies
July 18, 2019  |  Security & Fraud

US Treasury Secretary Steven Mnuchin said his department will use “very, very strong” regulations to ensure that bitcoin and other cryptocurrencies don’t become “the equivalent...

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Bitcoin Price Sinks On Libra Concerns
Bitcoin Price Sinks On Libra Concerns
July 18, 2019  |  Bitcoin

Lawmakers doubts over Facebook‘s planned cryptocurrency, Libra, is having a negative impact on bitcoin. The Wall Street Journal reported that bitcoin’s price fell to about...

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House Lawmakers Call Libra A Dangerous Threat
House Lawmakers Call Libra A Dangerous Threat
July 17, 2019  |  Cryptocurrency

There was much skepticism and criticism — with some concerns raised more pointedly than others — during a House Financial Services Committee hearing on Facebook’s...

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