Where it all went wrong for Facebook’s Libra

U.S. Federal Reser.....»»

Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter......»»

GERARD JULIEN/AFP/Getty Images Facebook's unveiling of its proposed Libra cryptocurrency this summer was "ridiculously stupid," according to the boss o.....»»

PayPal Holdings Inc. (NASDAQ: PYPL) wasn’t scared of the regulatory issues facing Facebook Inc's (NASDAQ: FB) Libra cryptocurrency project, its CEO Dan Schulman told Fortune in an 0 read more.....»»

Facebook, Inc. (NASDAQ: FB) dabbled in fintech with Messenger payments, Instagram checkout and the Libra cryptocurrency, but it’s making a deeper play with Facebook Pay. Latest Ratings .....»»

As Regulators Stonewall Libra, Facebook Rolls Out New Payment System Authored by Joeri Cant via CoinTelegraph.com, As the Libra stablecoin project continues to face a hostile audience of regulato.....»»

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.....»»

Libra won't necessarily mimic Facebook's historic rise, said Calibra executive Kevin Weil......»»

Existing securities rules could apply to "stablecoin" digital currency initiatives such as Facebook's Libra project to help realize its benefits, global securities watchdog IOSCO said on Monday as policymakers examine whether new regulation is needed......»»

The Square and Twitter CEO also assails Facebook founder Mark Zuckerberg’s recent free speech argument.....»»

Facebook, Inc. (NASDAQ: FB) CEO Mark Zuckerberg spoke in front of the U.S. House Financial Services Committee on Wednesday to better explain his Libra cryptocurrency ambitions. read more.....»»

Facebook chief executive Mark Zuckerberg testified on Oct. 23 before the House Financial Services Committee on a proposal for digital currency, Libra......»»

Facebook CEO Mark Zuckerberg attempted to win over skeptical House lawmakers as he tries to launch Libra, a global digital currency he said would help the world's 'unbanked.' Conway G. Gittens wraps up his marathon testimony......»»

Banks, central and private alike, are feeling uneasy about the social media company’s dive into digital financeRelated Stocks: FB, MA, V, EBAY,.....»»

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 CEO told lawmakers the company would pull out of the Libra Association if the consortium launched its cryptocurrency without regulatory approvals......»»

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.....»»

Bitcoin prices have quietly been in meltdown mode in recent trade and that trend has accelerated amid testimony on Wednesday from Facebook CEO Inc. Mark Zuckerberg as he attempts to make a case for digital-currency payment platform Libra......»»

Between skepticism about Facebook Inc.’s ability to safe.....»»

Watch Live: Facebook CEO Tries To Explain Digital Currencies To Maxine Waters & Her Committee Nearly three months after the internal head of Facebook's Libra project t.....»»