Libra


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'Members' of OpenLibra Disavow Project Days After Its Devcon Unveiling

The creator of an "open" alternative to Facebook's Libra stablecoin misrepresented which parties are involved in the project, CoinDesk has learned.

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Facebook CEO Mark Zuckerberg to Testify Before Congress Over Libra Crypto

Facebook CEO Mark Zuckerberg will defend Libra before U.S. lawmakers later this month.

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Bank of England Sets Out Rules for Libra Launch in the UK

The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch.

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US Lawmakers Call on Payment Giants to Exit 'Chilling' Libra Project

Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association.

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New Libra Fork Will Create Permissionless Stablecoin Free of Corporate Control

Thirty blockchain companies and nonprofit organizations plan to fork the Facebook-led Libra cryptocurrency to build an open alternative.

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How Anti-Money-Laundering Rules Hinder Libra's Mission to Reach the Unbanked

A "step-ladder" approach to know-your-customer (KYC) rules could help the Libra stablecoin reach those disconnected from the financial system.

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For Non-Profits Working With Facebook, Libra Isn't Such a Crazy Idea

If their missions aren't served by Libra, Women's World Banking and Mercy Corps say they'll let it be known – loudly.

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German Finance Minister Supports Digital Euro, But 'Very Critical' of Libra

Speaking on a possible e-euro, minister Olaf Scholz said Germany "should not leave the field to China, Russia, the U.S. or any private providers."

Olaf Scholz German finance minister

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Now Traders Can Make Bets on When Facebook's Libra Will Launch

Crypto futures exchange CoinFLEX is issuing derivatives linked to the launch of the Facebook-led Libra cryptocurrency project.

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US House Committee Pressuring Zuckerberg to Testify on Libra: Report

Facebook CEO Mark Zuckerberg is facing pressure to testify before U.S. lawmakers on the firm's cryptocurrency project Libra.

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