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Libra
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.

Facebook’s Libra Just Got Its First Major Supporter in Congress
Bucking a trend, Sen. Mike Rounds (R-S.D.) wrote a letter praising Libra as a technological advance that he feels is needed.

Libra Shows Central Banks' Failure on Cross-Border Payments: Riksbank
A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.

France's Le Maire Attacks Facebook's 'Political' Ambitions With Libra
The French finance minister has said Libra is an "unacceptable" challenge to state sovereignty and suggested political motives behind the project.

Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound
Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live.

Libra Plays Down Troubles, Anticipates 100 Members by Launch
The Libra Association has said the project is undeterred by recent setbacks and expects to sign up 100 partners before it goes live.
