Tag: Libra
Facebook Digital Currency Libra To Launch In Early 2021
Facebook's digital currency, Libra, could launch by January, but in a "limited format," according to officials, as reported by the Financial Times.
Libra, which has...
Libra’s General Counsel Is Former US Treasury Exec
A former clerk for US Supreme Court Justice Anthony M. Kennedy and late Supreme Court Justice Lewis F. Powell Jr. has been named general...
US: Libra could hurt Facebook’s financing
Facebook’s relationship with financial institutions could be threatened if it launches its cryptocurrency Libra without fully addressing concerns over money laundering, The Financial Times...
EU: Libra says it has 100 members waiting in the wings
Bertrand Perez, the Libra Association’s chief operating officer and interim managing director, said he is optimistic that a total of 100 companies will join...
US: Calibra faces trademark infringement suit
Adding another possible legal showdown to the Libra crypto project, and potentially adding to its list of challenges, Facebook’s Calibra is facing a suit...
US: Facebook’s Zuckerberg to testify before US House panel on Libra
Facebook chief executive Mark Zuckerberg will testify before the US House Financial Services Committee on October 23 as the social media company faces growing...
EU: Commission VP says Libra poses a risk to the Euro
On Tuesday, October 8, Valdis Dombrovskis, who is slated to stay on as vice president of the European Commission in charge of financial regulation,...
UK: Libra warned of heavy oversight by Bank of England
The Bank of England (BoE) has warned Facebook that its plans of launching its digital coin, Libra, must be subject to tough oversight across...
EU: Commission to call for Digital Tax Reform, Stablecoin regs at...
At a G20 meeting in the middle of October, European Union finance ministers will reportedly tell their counterparts that a worldwide regulatory response is...
Switzerland: Facebook’s Libra to seek payment license
In Libra-land, the speed bumps, hurdles and possibly even roadblocks continue to spring up. In reference to the regulatory climate, don’t expect it to...
