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Facebook's Libra
A wrap up of news covering the announcement of Facebook's cryptocurrency, Libra.
Collection
Last updated Aug 21, 2019
WhatsApp, an encrypted messaging service owned by Facebook, is talking to Indonesian payment firms about integrating payment features into its apps, according to Reuters. If the deal goes thr...
Business
Robert Stevens
August 21, 2019August 21, 2019
2 min read
After feeling the pressure from Facebook’s Libra push, Chinese officials announced just weeks ago that they were preparing to release China’s own central bank digital currency to compete with ...
Cryptocurrencies
Nicholas Marinoff
August 14, 2019August 14, 2019
3 min read
In Facebook’s quarterly earnings report this week, CEO Mark Zuckerberg emphasized that the company would work to address regulators’ concerns over Libra for “however long it takes.” But he als...
Adriana Hamacher
July 25, 2019August 13, 2019
4 min read
What goes around comes around. When Facebook introduced a ban on cryptocurrency projects posting on its website in 2018, it likely didn’t anticipate that, a mere year later, it would need to c...
July 24, 2019August 13, 2019
The president of Germany’s central bank, Bundesbank, has urged his G7 counterparts not to prematurely condemn Facebook’s Libra, the digital currency and alternate financial system the tech gia...
Decrypt Staff
July 21, 2019August 13, 2019
Finance chiefs from the world’s leading nations today voiced unanimous concern over the destabilising impact of Facebook’s Libra initiative on the world’s monetary system. "It poses serious d...
July 18, 2019August 13, 2019
US Congressmen struck a notably more conciliatory tone toward Facebook than their Senate colleagues, going so far as to praise Bitcoin, and the broader cryptocurrency movement, as “unstoppable...
Ben Munster
July 17, 2019August 13, 2019
On Tuesday, 700 old white men, and roughly three women, gathered in Congress to ask David Marcus, the executive behind Facebook’s Libra Project, how we can be sure its incipient digital curren...
Opinion
July 16, 2019July 26, 2019
7 min read
Tomorrow starts what David Marcus, head of Calibra, the crypto wallet subsidiary of Facebook, believes will be the “broadest, most extensive and most careful pre-launch oversight by regulators...
Bailey Reutzel
July 15, 2019July 16, 2019
President Donald Trump is angry. And he’s taken to Twitter to let the world know how he feels, for a change. This time, cryptocurrency has got his goat—specifically, Bitcoin and Facebook’s Lib...
Guillermo Jimenez
July 12, 2019July 12, 2019
Federal Reserve Chairman Jerome Powell has had more time to think about Facebook’s Libra project and is now singing a much different tune. On Wednesday, Powell testified before the House Finan...
July 10, 2019July 10, 2019
China’s timeline to make a state-run cryptocurrency just got moved forward. The announcement of the impending launch of Facebook’s Libra in 2020 has put pressure on China’s central bank to get...
Rebecca Campbell
July 9, 2019July 9, 2019
A Congressional subcommittee has asked Facebook to “immediately agree to a moratorium on any movement forward on Libra," the social network's upcoming cryptocurrency. The letter was made publ...
July 2, 2019July 26, 2019
Enthusiastic traders are not the only ones who get liquidated on BitMEX. The bitcoin futures trading exchange demolished Facebook in an op-ed by BitMEX CEO Arthur Hayes and a “research” articl...
Tim Copeland
June 28, 2019June 28, 2019
With Libra, Facebook believes that they can help empower the 1.7 billion unbanked people in the world and make access to money and financial services as easy as sending a Facebook or WhatsApp ...
The Projects
Ki Chong Tran
June 28, 2019August 13, 2019
5 min read
The launch partners for Facebook’s Libra cryptocurrency are split. Earlier in the week, it was reported that seven key partners were reconsidering their options. The article, published in the ...
June 27, 2019June 27, 2019
Could the Ethereum community become one of the validators of Facebook’s Libra? That’s the radical idea proposed by SpankChain CEO Ameen Soleimani—who is well-known for his unique brand of radi...
Technology
June 25, 2019June 27, 2019
Mark Carney, Governor of the Bank of England, announced on Thursday night that stablecoins, like Facebook’s Libra, will be allowed to store their reserves in the hallowed vaults of the world’s...
June 21, 2019June 27, 2019
We made the mistake of calling Facebook’s possibly-upcoming cryptocurrency, the Libra, a “stablecoin” when it was announced. We wrote this because Libra—which will be governed by a consortium ...
The bankers have taken a look at Facebook’s Libra, and the response is a resounding “Meh.” U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook discussed its plans to la...
June 19, 2019June 27, 2019
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