Libra
PayPal Might Withdraw From Libra Association: Report
PayPal might pull out of the Facebook-led Libra project, according to a Financial Times report.

American Banking Giants Sound Off Against Libra as Monetary Threat
Execs from some of the biggest U.S. banks reportedly told the Federal Reserve that Facebook’s Libra would pose a threat to monetary policies.

European Competition Watchdog Fears Libra's 'Closed Economy'
The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy.

Mark Zuckerberg Addresses Libra Regulation, KYC in Leaked Transcript
In leaked comments from a July meeting, Facebook CEO Mark Zuckerberg discussed internal issues for the firm's crypto network, Libra.

Institutional Libra Backers Are Getting Cold Feet
Major Libra backers are backing out of the Facebook-led cryptocurrency effort, according to a WSJ report.

Swiss Regulator FINMA Won't Impede Libra's Development
"We are not here to make such projects impossible," Mark Branson, CEO of the Swiss Financial Market Supervisory Authority, said of Libra.

ING's Chief Economist Predicts Central Bank Digital Currencies in 2-3 Years
Dutch bank ING's chief economist has said Facebook's Libra is pressuring central banks to launch their own digital currencies, and soon.

Facebook-Led Libra Could Be Boon to UN, Says Crypto Project's Chief
The head of the Libra Association has argued that the Facebook-led cryptocurrency could help the U.N. achieve its sustainable development goals.

'No Argument' for Replacing Dollar's Global Role With Crypto: Ex-Fed Official
The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets.

Facebook's Zuckerberg Appears to Put Libra Launch Date in Doubt
In an interview, Mark Zuckerberg suggested that it might be a while before the Libra cryptocurrency actually gets its launch.
