Tag: libra

The Libra Association Appoints New General Counsel

After Facebook announced the launching of its own token back in 2019, regulators worldwide began raising concerns about what could have been one of...

Australia In Works To Develop Regulatory Framework For Stablecoins

The Libra Coin has had plenty of issues throughout the past year. Since the moment it was announced, financial institutions and governments raised its...

Facebook Bets On Online Payment Solutions Regardless Of Libra’s Troubled Path

Getting people on board to support Libra has not been an easy task for Mark Zuckerberg, CEO of Facebook. Regulators in the U.S. and...

IBM Study Shows Central Banks Will Begin Issuing Digital Currencies In...

According to a report conducted by IBM and the Official Monetary and Financial Institutions Forum (OMFIF), central banks are aware of the importance digital...

Facebook Won’t Launch Libra Until It Gets US Approval

Getting people on board to support Libra has not been an easy task for Mark Zuckerberg, CEO of Facebook. Regulators in the U.S. and...

Facebook’s Libra Coin Loses The Support Of Four Companies

Facebook seems to be running out of supporters after the intense backlash it received from governments and regulators. The Libra Coin could be in...

Germany Releases Blockchain Strategy And Defines Its Position Towards Libra

The Government of Germany has published a blockchain strategy guide that aims to promote innovation throughout the country while also warning private firms of...

European Union Moving Towards Unified Crypto Legislation

According to news shared by Reuters, it appears the nominee to become the European Union’s next finance commissioner is pleading fellow members to propose...

PayPal Exits The Libra Association

After backlash from major governments around the world, Facebook is now facing the first real consequence with PayPal announcing its exit from the Libra...

IBM Open To Working With Facebook On Digital Currency

According to CNBC, IBM has expressed its willingness to help Facebook in the development of its digital currency. Jason Kelley, IBM’s General Manager of...
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