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Finance

Facebook's Calibra Rebrands to Novi, Details Wallet Tie-Up With WhatsApp

In the run-up to launch, libra's digital wallet subsidiary has been given a new look and a new name: Novi, which means "new way."

Credit: Wachiwit/Shutterstock.com

Policy

Facebook’s Toothless Oversight Board Has Lessons for Blockchain

Facebook's new "oversight" board includes impressive names, but its formal powers are necessarily limited. There are learnings for blockchain governance.

Photo by George Pagan III on Unsplash

Videos

Everything You Need to Know About the Facebook Libra Hearings

Facebook’s Libra currency is everywhere these days – including Washington, DC. In this video we break down the Libra hearings on Capitol Hill and tell you where this controversial cryptocurrency is headed.

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Videos

Libra Partner Bison Trails Still Supports Facebook's Plans

In this interview with Protocol Specialist at Bison Trails, Viktor Bunin, we discuss his company's current growth and why they're still backing Libra.

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Markets

Cross-Border Payment Portal Checkout.com Is Latest to Join Libra Association

Checkout.com, a digital payment processor that focuses on cross-border transactions, has become the 24th member of the Libra Association.

Checkout.com was founded in 2009, and focuses on cross-border payments. (Credit: Shutterstock)

Finance

Diem's Demise: A Timeline of Libra's Long Road From a Facebook Lab to the Global Stage

A detailed chronology of Libra's journey from a skunkworks inside Facebook to a potential global monetary game-changer to a shadow of its former self.

(Metropolitan Museum of Art)

Policy

Big Tech Signs Rare Open Source Pledge to Boost Supplies During COVID-19

Major tech firms are opening their patents to allow developers to build much needed tools during the coronavirus crisis.

Open sourcing patents will enable the development and iteration of essential goods, which otherwise would be stymied by copyright law. (Photo by engin akyurt on Unsplash)

Finance

Facebook Affirms Libra Commitment With 50 New Job Openings in Ireland

Libra may have been scaled back but Facebook is significantly expanding the team working to support the stablecoin project.

Facebook's Dublin Office. (Credit: Derick Hudson / Shutterstock)

Policy

US Lawmaker Calls Libra's Revamp Insufficient

Rep. Sylvia Garcia's comments suggest libra's roots as a Facebook initiative remain a political liability despite the consortium's steps to sate critics.

LIBRA WHO? "There are simply too many questions left unanswered regarding why Facebook is even developing a cryptocurrency," says Rep. Sylvia Garcia. (Credit: Wikimedia Commons)

Finance

Libra Scales Back Global Currency Ambitions in Concession to Regulators

The Facebook-spawned Libra Association has scaled back its original vision of a global digital currency backed by a basket of fiat currencies.

CAPITULATION? U.S. lawmakers grilled Libra board member David Marcus last year. The consortium has overhauled its plans. (Credit: House Financial Services Committee)