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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.

'Stablecoins' could hinder efforts to stamp out money laundering:...

FATF president Xiangmin Liu's statement underscored the global unease about the emergence of Libra.

19 Oct 2019 1:31 PM IST

Hard as it might seem to quit Facebook, especially for those entwined with it for years, it can be done.(Photo: AP)

Facebook working to roll out its own stablecoin'

Internet companies including Facebook, Telegram, and Signal are planning to roll out new cryptocurrencies over the next...

3 March 2019 11:25 AM IST