Libra
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.
Libra Is 'Catalytic Event' for Central Banks, Says Head of Sweden's Riksbank
Libra, says Stefan Ingves, is forcing central banks to re-consider their primary product: money.
Facebook-Led Libra Forms Governing Council After Big-Name Departures
At a charter signing in Geneva on Monday, the Libra Association locked in 21 members of its governing council.
Visa, Mastercard, eBay, Stripe Follow PayPal in Quitting Facebook's Libra Project
Visa, Mastercard, eBay, Stripe, Mercado Pago and PayPal have all withdrawn from the Libra Association now.
Facebook's Calibra Sued by Mobile Banking App Over Similar Logos
The complaint alleges the Calibra logo is too similar to Current’s, which the fintech firm has been using since August 2016.
