Libra


Markets

Facebook Says It Won't Launch Crypto in India Due to Regulatory Issues

Facebook reportedly said that current regulatory restrictions mean it has "no plans" to launch its digital wallet service and crypto in India.

Facebook

Markets

Facebook to Senators: Libra Crypto Will Respect Privacy

Facebook's David Marcus told lawmakers its new libra cryptocurrency will not store or share personal financial information – with a few caveats.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)

Markets

Facebook Libra Threat Could Spur Work on China's National Digital Currency: PBoC Official

China's central bank could hasten development of its digital yuan to counter the threat posed by Facebook's Libra cryptocurrency, an official says.

Credit: Shutterstock

Markets

Korean Watchdog Warns of Financial Stability Risk From Facebook's Libra

Facebook's Libra cryptocurrency project threatens the stability of financial systems, according to South Korea's Financial Services Commission.

Facebook Libra

Markets

Facebook's Libra Is a 'Wake-Up Call' for Regulators, Says ECB Policymaker

Benoit Coeure of the European Central Bank has said projects like Facebook's Libra require faster action from regulators.

ECB building

Markets

Facebook's Libra Lacks Foundational Components for Crypto Key Security

After a review of documentation for the Libra protocol and its planned ecosystem, Steven Sprague believes Facebook left out key security components.

keys, security

Markets

Libra Isn't a Cryptocurrency. It's a Glimpse of a New Asset Class

Noelle Acheson argues that Libra is not a cryptocurrency, it’s a security. That in itself is a huge innovation, and perhaps a glimpse of what is yet to come.

FB3

Markets

Billion-Dollar Returns: The Upside of Facebook's Libra Cryptocurrency

If Libra achieves even modest adoption, the payoff for Facebook and its partners could be in the billions.

Libra_banknotes_Facebook_Shutterstock

Markets

ZenGo Introduces Non-Custodial, Keyless Competitor to Calibra Wallet

ZenGo's product shows how Libra can be held in other wallets.

locked wallet

Markets

Facebook's David Marcus: Libra Crypto Users Won't Have to Trust Us

In a note published Wednesday, Facebook blockchain lead David Marcus pushed back against calls to stop Libra's development.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)