Libra
US Treasury to Monitor Libra Over Possible Financial Risks
The Treasury Department has committed to monitoring the Facebook-led cryptocurrency project Libra alongside regulatory efforts by Congress.
Regulate Stablecoins – Don't Squash Them
Regulators should offer a path for stablecoins to exist alongside current financial systems, writes a fellow at Harvard's Berkman Klein Center.
What to Expect When Facebook's Zuckerberg Defends Libra on Capitol Hill
Here's what you need to know before Mark Zuckerberg testifies in front of the House Financial Services Committee on Libra.
Zuckerberg to Tell Congress: Libra Can Fix 'Failing' Financial System
Facebook's CEO released his written testimony a day before his scheduled appearance before the U.S. House of Representatives.
US Lawmaker Introduces Bill Classifying Stablecoins as Securities
A draft bill published Tuesday would regulate stablecoins under the Securities Act of 1933.
Facebook Risks Banking Ties Over Libra Concerns, Says ING Exec
ING CEO Ralph Hamers said Libra could make it difficult for banks to accept or keep the project's creator as a client.
Facebook's Marcus Says China Wins With Digital Renminbi if US Nixes Libra
David Marcus, who leads the Libra project, said China will create a digital currency system that could be entirely out of reach for U.S. authorities.
Libra Could Drop 'Basket' and Issue Individual Fiat Stablecoins
Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate.
It's Too Soon to Write Libra's Crypto Obituary
The recent spate of bad news for Libra isn't necessarily a death knell for the project, writes Mike J. Casey.
Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7
A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability.
