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Facebook hopes Libra will not only power transactions but offer people without bank accounts access to financial services for the first time.

Facebook open to currency-pegged stablecoins for Libra project

Facebook said Libra could use cryptocurrencies based on national currencies such as the dollar, instead of a synthetic...

21 Oct 2019 12:10 PM IST

Digital currencies such as Facebooks Libra will disrupt the financial system, either by forcing central banks to innovate or by grabbing a global role that could challenge the dominance of the dollar, ECB board member Benoit Coeure said on Tuesday.

Facebook's Libra cryptocurrency faces new hurdle from G7 nations

Facebook says Libra is designed to address inefficiencies in the global payments system.

18 Oct 2019 2:54 PM IST

Digital currencies such as Facebooks Libra will disrupt the financial system, either by forcing central banks to innovate or by grabbing a global role that could challenge the dominance of the dollar, ECB board member Benoit Coeure said on Tuesday.

Facebook's Libra currency abandoned by major financial companies

The latest exodus leaves the Libra Association without any remaining major payments companies as members.

12 Oct 2019 3:25 PM IST

The prospect of Libra gaining traction among Facebooks nearly 2.4 billion users has raised concerns among regulators around the world(Photo by Alex Milan Tracy/Sipa USA)(Sipa via AP Images)

Facebook's Libra lacks solid plan for launch- governing board member

Facebook's controversial crypto-currency Libra, slated to be launched by next year, doesn't doesn't seem to have a solid...

20 Dec 2019 10:56 AM IST

Facebook hopes Libra will not only power transactions but offer people without bank accounts access to financial services for the first time.

'Facebook should not be trusted with 'crazy' cryptocurrency plan':...

Facebook shocked regulators and lawmakers with its announcement on June 18 of hoping to launch a cryptocurrency called...

17 July 2019 5:15 PM IST

Evidence suggests that Tether may have been used to manipulate the price of bitcoin.

Bitcoin tumbles as US senators grill Facebook on crypto plans

David Marcus, the company's top executive overseeing the planned Libra project, answered questions from the Senate...

17 July 2019 2:23 PM IST

Facebook hopes Libra will not only power transactions but offer people without bank accounts access to financial services for the first time.

EU antitrust regulators concerned about Facebook's proposed...

The EU is worried that Facebook's Libra could pose anti-competitive constraints.

22 Aug 2019 10:45 AM IST

Facebook hopes Libra will not only power transactions but offer people without bank accounts access to financial services for the first time.

Global regulators to question Facebook's Libra amid EU concerns: paper

The development comes amidst concerns expressed by European Union governments over the threat the currency poses to...

16 Sept 2019 8:37 AM IST