Libra


Policy

Libra Is Ready for the Digital Money 'Space Race': Dante Disparte

Libra's most vexing challenge may be juggling inclusion and compliance. But policy chief Dante Disparte says the project is not giving up on reaching the unbanked.

TWO SIDES: Juggling inclusion and compliance remains Libra's most pressing challenge. (Credit: Shutterstock)

Policy

How a Fatal Weakness Forced Libra to Capitulate

While Bitcoin created an alternative financial system independent of government, Libra’s architecture depends on the existing fiat currency system – and on the whims of the governments that control it.

CAPITULATION? U.S. lawmakers grilled Libra board member David Marcus last year. The consortium has overhauled its plans. (Credit: House Financial Services Committee)

Markets

Libra Payments Can Boost Facebook's Ads Business, Zuckerberg Says

Libra can make it easier for Facebook's users to buy goods advertised on its platform, which would incentivize businesses to buy more ads, CEO Mark Zuckerberg said Wednesday.

Facebook CEO Mark Zuckerberg (Credit: Aaron-Schwartz / Shutterstock)

Markets

Blockchain Bites: Facebook's Calibra Facelift and Tencent's 'New Infrastructure' Investments

Facebook's digital wallet subsidiary has rebranded as Novi while a series of bitcoin transactions cast doubt on Craig Wright's claims.

Screenshot of the Novi app (Credit: Facebook promotional video)

Policy

To See Libra's Potential, Look at the Philippines, Not the US

Some have written off Libra as a watered-down project. But you can see its potential in places where Facebook use is high and payment standards are low.

CAPITULATION? U.S. lawmakers grilled Libra board member David Marcus last year. The consortium has overhauled its plans. (Credit: House Financial Services Committee)

Policy

Facebook’s Toothless Oversight Board Has Lessons for Blockchain

Facebook's new "oversight" board includes impressive names, but its formal powers are necessarily limited. There are learnings for blockchain governance.

Photo by George Pagan III on Unsplash

Finance

Libra Taps Another Former FinCEN Official as General Counsel

Robert Werner is the second former FinCEN staffer to join the Libra Association this month.

Facebook Libra

Markets

First State-Owned Entity Joins Libra Association

Temasek, one of Singapore’s two state-owned investment vehicles, is among the latest firms to join the Libra Association, the consortium Facebook set up to create a global digital currency.

Temasek's addition to the Libra Association could explain the role the Singapore dollar played in both the original stablecoin basket and the new multi-coin vision. (Credit: Shutterstock)

Markets

FireBlocks CEO Pours Cold Water on Libra Excitement

FireBlocks' CEO was quick to dampen enthusiasm for libra.

Credit: Shutterstock

Videos

Everything You Need to Know About the Facebook Libra Hearings

Facebook’s Libra currency is everywhere these days – including Washington, DC. In this video we break down the Libra hearings on Capitol Hill and tell you where this controversial cryptocurrency is headed.

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