Tag: Libra
EU: Regulators probing Libra for antitrust issues
EU regulators are investigating if Facebook’s planned cryptocurrency will harm competition.
European Competition Commissioner Margrethe Vestager said the move was justified even though Libra hasn’t...
EU: ECB’s Mersch warns Libra is ‘Facebook’s Siren Call’
Yves Mersch, European Central Bank’s key legal official, said that Facebook’s Libra stablecoin is “beguiling but treacherous” during a speech at the ECB’s legal...
EU: Vestager interested in Facebook’s Libra
According to a report from Bloomberg, Facebook’s Libra digital currency will be a focus for antitrust and financial regulators in the near future. EU...
US: Facebook hires new lobbyist for Libra
The former policy executive of the crypto exchange Coinbase is heading a lobbying firm hired by Facebook to contend with US regulatory issues, Coindesk...
EU: Regulatory pushback scares Libra backers
Some early supporters of Facebook’s proposed cryptocurrency Libra, spooked by the intense regulatory scrutiny both national and worldwide, want to distance themselves from the...
EU: Facebook facing EU antitrust probe over Libra
Facebook is getting EU antitrust scrutiny over its Libra crypto project, Bloomberg reported. The European Commission has sent a questionnaire to groups tied to...
UK: Watchdog asks for more Libra info
The Information Commissioner’s Office (ICO) in the UK announced it sent out a statement to Facebook and 28 other outfits asking for more information...
Switzerland: Libra regulator says Facebook hasn’t reached out
The Swiss regulator that Facebook claimed will oversee its cryptocurrency hasn’t heard from the social media giant, according to a report by CNBC.
David Marcus,...
