Facebook chief executive Mark Zuckerberg opened the door Wednesday to scaling back plans for its digital coin Libra if it cannot win approval as a new currency for global exchanges. "We clearly have ...
LONDON (Reuters) – Facebook-backed cryptocurrency Libra has been rebranded “Diem” in a renewed effort to gain regulatory approval by stressing the project’s independence. Plans for Libra, first ...
Facebook controversial Libra cryptocurrency could launch as early as January, according to the Financial Times, but it appears the project has once again scaled back its ambitions. When the Libra ...
The LIBRA digital currency is back in the limelight after months of silence following its contentious launch in February, backed by the Argentine president. The meme token outperformed the crypto ...
Last year’s announcement by Facebook that it would be launching a cryptocurrency was met with a lot of hype and the reason for that is not far-fetched. It marked an embrace of cryptocurrency by one of ...
Facebook will need to meet "a very high standard" before it moves ahead with its planned digital currency Libra, US Treasury Secretary Steven Mnuchin said Monday. Mnuchin said US regulators have ...