WASHINGTON -- Federal Reserve Chairman Jerome Powell says that Facebook's new digital currency, Libra, "raises many serious concerns" and will be closely monitored by U.S. and overseas regulators.

Facebook is now facing an exodus of companies from its Libra cryptocurrency effort. Mastercard, eBay, Visa and Stripe, a payments platform, all confirmed on Friday that they would not be members of ...

BRUSSELS (Reuters) - EU regulators are examining Facebook's proposed Libra cryptocurrency to see if it harms competition, Europe's antitrust regulator said on Wednesday, the latest watchdog to voice ...