Libra Archives - Latest Retail Technology News From Across The Globe

EU rules the likes of Facebook’s Libra should not be allowed until risks are addressed

December 6, 2019

Bitcoin, cryptocurrencies, cryptocurrency, EU, Facebook, Libra, minister, stablecoin

Private digital currencies such as Facebook’s Libra should not be allowed in the European Union until the risks they could pose are addressed, according to EU finance ministers. In a…

Facebook tells US Congress Libra won’t launch until it has “fully addressed regulatory concerns”

July 16, 2019

Ava Szajna-Hopgood

Cryptocurrency, News

Congerssional hearing, Congress, cryptocurrency, Facebook, Libra, US Senate

No Comments

Facebook’s Calibra chief executive David Marcus will face the US Congress today, answering questions over the social media giant’s proposed cryptocurrency launch. The US government are expected to delve into…

US government could block big tech firms from offering cryptocurrencies

July 15, 2019

Ava Szajna-Hopgood

Cryptocurrency, News

cryptocurrencies, cryptocurrency, Democrats, Facebook, Keep Big Tech Out Of Finance Act, legislation, Libra, Republicans

No Comments

A draft legislation suggests fining tech companies $1 million a day for violating newly proposed restrictions, according to Reuters. After US Federal Reserve chairman Jerome Powell last week said “serious…

Facebook’s cryptocurrency under fire from the Feds

July 11, 2019

Ava Szajna-Hopgood

Cryptocurrency, Ecommerce, News

Bitcoin, cryptocurrency, Facebook, Jerome Powell, Libra, Libra Association, social media, U.S. House of Representatives Financial Services Committee, US Federal Reserve

No Comments

Facebook’s plans to build a digital currency called Libra may be put on hold after US Federal Reserve chairman Jerome Powell on Wednesday said “serious concerns” would need to be…

Facebook reveals its Libra cryptocurrency offering free financial services to its 2.4bn users

June 18, 2019

Ben Stevens

Blockchain, Cryptocurrency, News

Calibra, Ebay, Facebook, Libra, Mastercard, Paypal, Spotify, Uber, Visa, Vodaphone

No Comments

Facebook has officially announced its own cryptocurrency is due to launch next year, in a move that could potentially be “truly transformative” for the global finance sector. The social media…

Libra

EU rules the likes of Facebook’s Libra should not be allowed until risks are addressed

Facebook tells US Congress Libra won’t launch until it has “fully addressed regulatory concerns”

US government could block big tech firms from offering cryptocurrencies

Facebook reveals its Libra cryptocurrency offering free financial services to its 2.4bn users

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