Facebook Libra

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Libra Scales Back Global Currency Ambitions in Concession to Regulators
The Facebook-spawned Libra Association has scaled back its original vision of a global digital currency backed by a basket of fiat currencies.
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Ex-PBoC Governor Urges China to Join Global Conversation on Libra
A former senior official with the People’s Bank of China (PBoC) believes the nation should join a global conversation about regulating stablecoins, with a particular focus on...
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Facebook's Libra Pushes Back at Claims Project Is Threat to Financial Stability
The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability.
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France Says It Will Block Facebook Libra in Europe
The French finance minister has said the nation plans to block Facebook's Libra cryptocurrency in the EU over its threat to national currencies.
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Facebook Libra Brings 'Risks and Opportunities': Swiss Watchdog Chief
FINMA's director has spoken out about the risks of working with a major project like Facebook's Libra, and said there are also potential benefits.
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Facebook Libra Is Seeking to Register as a Payment System in Switzerland
The non-profit set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland.
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Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official
Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said.
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