Where it all went wrong for Facebook’s Libra

Shopify's integration with Facebook advertising reached a new level last week when it announced that it was joining the Libra Association. Shopify aims to eliminate a formidable barrier to wider........»»

Canadian e-commerce company Shopify Inc said on Friday it would join Libra Association, a group that manages Facebook Inc led efforts to launch a global digital currency, Libra......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

"When we joined the Libra Association, it wasn't like, 'Oh, hey, Facebook is doing something let's join.' It's really about the difference we're making in the world," said Bison Trails' Viktor Bunin......»»

With $30 million from Polychain and a16z, here's how the buzzy Celo plans to rival Libra on financial inclusion......»»

Drew Angerer/Getty Images Mastercard's CEO withdrew from Facebook's Libra over.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The challenge posed by Facebook's Libra cryptocurrency likely prodded major central banks to set up a new group to study the potential for issuing their own digital currencies, a former Bank of Japan executive said on Wednesday......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Telecom giant Vodafone has left the Libra Association, the eighth company to pull out of the Facebook-led digital currency project since the fall......»»

Britain's Vodafone Group PLC has left the entity that manages the Facebook Inc led effort to launch Libra, a global digital currency, Libra Association said on Tuesday......»»

Mark Zuckerberg said Facebook wants to build commerce tools for small businesses which use the social media giant's apps, but noticeably avoided mentioning the Libra stablecoin project in his 2030 vision......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Facebook's Libra project has failed in its current form and needs reworking to be approved, said the president of Switzerland where the cryptocurrency is seeking regulatory consent......»»

Facebook could leverage its social media platform to block out competitors, according to Christine Lagarde......»»

Facebook's Libra project has no solid plan yet for how or where it will be launched next year, a member of the board that will oversee the cryptocurrency told Reuters on Thursday......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Federal Reserve governor Lael Brainard has warned that the Facebook-led Libra project faces stiff regulatory challenges and that there's a question mark over one of its core concepts......»»

Facebook's Libra project has no solid strategy yet for how or where it will be introduced next year, a board member of the body overseeing the hotly-anticipated cryptocurrency told Reuters on Thursday......»»

The recent backlash against Silicon Valley giants like Alphabet Inc. (NASDAQ: GOOGL), Amazon.com Inc. (NASDAQ: AMZN), and Facebook Inc (NASDAQ: 0.....»»