Libra


Markets

Now Japanese Regulators Are Getting Anxious About Facebook's Cryptocurrency

Japan's central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook's Libra cryptocurrency.

Bank of Japan, Tokyo

Markets

4 US Lawmakers Join Call to Freeze Facebook's Libra Project

Several House Democrats called for a moratorium on Libra development in a letter to Facebook executives on Tuesday.

U.S. House of Representatives

Markets

US Watchdog Groups Call for Congress to Put a Freeze on Facebook's Libra

A group of privacy and consumer watchdogs is asking the U.S. Congress to halt Facebook's Libra project.

shutterstock_1188191302

Markets

Facebook's Inches Towards Global Regulatory Compliance, Applies for New York BitLicense

If the project is to be truly global, Facebook may need “literally hundreds, perhaps thousands, of licenses from hundreds of different regulators,” said Sean Park.


Markets

Russia Won't Ban Facebook's Libra Currency, Deputy Finance Minister Says

The Russian Ministry of Finance will not issue special regulations for Facebook's upcoming cryptocurrency, an official said.

Russian Ministry of Finance

Markets

BIS Chief: Central Banks May Issue Digital Currencies 'Sooner Than We Think'

The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.

carsten

Tech

Bitcoin, Facebook and the End of 20th Century Money

Bitcoin is surging and Libra is shaking up regulators as the globe faces a period of doubt on the economic front.

money, burn

Markets

Facebook's Libra Crypto Code Draws Critiques and Clones on GitHub

Would-be coders and eager trolls are digging into the early code for Facebook's Libra blockchain.


Markets

JPMorgan CEO Dimon Says Crypto Companies 'Want to Eat Our Lunch'

Dimon believes blockchain is real and is wary of the competition it brings.

Photograph by Stefen Chow/Fortune Global Forum