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

Fed Report Details Steps To Prevent ‘Severe Consequences’ Of Stablecoin Crisis
Fed Report Details Steps To Prevent ‘Severe Consequences’ Of Stablecoin Crisis
November 17, 2019  |  Economy

The U.S. Federal Reserve Board has issued a warning about a possible stablecoin crisis and its impact on the global economy. In its November Financial...

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Top News In Payments: Europe’s Version Of Libra Makes Headway; Amazon Faces Legal Backlash On Logistics
Top News In Payments: Europe’s Version Of Libra Makes Headway; Amazon Faces Legal Backlash On...
November 11, 2019  |  News

In today’s top payments news, a potential competitor to Facebook’s Libra cryptocurrency is making progress, and one of the year’s biggest eCommerce events sets a...

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FTC Head: Fed Needs Real-Time Payments Mechanism
FTC Head: Fed Needs Real-Time Payments Mechanism
November 08, 2019  |  Faster Payments

Federal Trade Commission (FTC) Commissioner Rohit Chopra wrote a letter to the Federal Reserve saying projects like Libra (Facebook’s proposed cryptocurrency) illustrate the need for...

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EU’s Public Version Of Libra Could Soon Make Headway
EU’s Public Version Of Libra Could Soon Make Headway
November 08, 2019  |  Cryptocurrency

With the caveat that the project faced challenges and was for the long term, senior officials have noted that progress on the feasibility of a...

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Bitcoin Daily: Hong Kong Calls For Regulators To Unite On Libra; New Blockchain Solution Aims To Eliminate Hotel Booking Mistakes
Bitcoin Daily: Hong Kong Calls For Regulators To Unite On Libra; New Blockchain Solution Aims...
November 08, 2019  |  Bitcoin

Hong Kong’s chief securities regulator is calling on the world regulators to get on the same page when it comes to Facebook’s Libra to avoid...

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Libra Head Calls Bitcoin Volatile
Libra Head Calls Bitcoin Volatile
November 07, 2019  |  Facebook

The head of Facebook’s Libra project said he doesn’t consider bitcoin to be a currency because it’s simply too volatile. “I don’t think of bitcoin...

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Mining The Meaning Of China’s Bitcoin Mining Backtrack
Mining The Meaning Of China’s Bitcoin Mining Backtrack
November 06, 2019  |  Bitcoin

Mining — on again, off again, back on again in China. That is not the mining of which one might think — not the stuff...

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EU Draft Floats Digital Currency Proposal To Counteract Libra
EU Draft Floats Digital Currency Proposal To Counteract Libra
November 05, 2019  |  Cryptocurrency

A European Union draft document says the European Central Bank (ECB) should contemplate issuing its own digital currency, Reuters reported on Tuesday (Nov. 5). The...

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Global Watchdog IOSCO: Libra Could Be Subject To Securities Rules
Global Watchdog IOSCO: Libra Could Be Subject To Securities Rules
November 04, 2019  |  Cryptocurrency

The International Organization of Securities Commissions (IOSCO) said existing securities rules could be applied to Libra, Facebook’s proposed cryptocurrency, according to a report by Reuters....

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