On June 18, 2019, Facebook announced Libra. It's a virtual currency or cryptocurrency. Even if some people don't agree with that definition. says, it will run on a blockchain. Again, that is a ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A digital challenger with the clout of Big Tech is the stuff of nightmares ...

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.

In June 2019, after years of being under scrutiny for the impact its platforms have on society, Facebook unveiled one of its most ambitious projects yet: a cryptocurrency called Libra, which would be ...

In a world of wild talk and fake news, help us stand up for the facts.

This is the same Libra that Visa and Mastercard officially distanced themselves from last week, and Paypal last month. Honestly, after that happened, I can't see Libra going anywhere. You can tell me ...

FB long-awaited cryptocurrency is finally here. Details about Libra, the social-media giant's cryptocurrency, were revealed in a white paper that provided a detailed overview of the token's intended ...

PayPal has pulled out of Facebook’s digital currency project, known as Libra, a blow to the social media company that has faced stronger-than-expected scrutiny over its proposed creation of an ...

Morgan Beller, the co-creator of Meta’s now-defunct Libra digital currency project, revealed onstage at TechCrunch Disrupt 2023 that “what got [her] out of bed every morning [at the time] was China.” ...

In context: It feels like just about every company is trying to hop on board the cryptocurrency train, and Facebook was no different. Back in 2019, the social media giant unveiled "Libra," its own ...

LONDON (Reuters) - 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 ...