Officials in France and Germany have spoken out about a number of companies leaving the Libra Association, a body of businesses meant to act as a sort of governing body for Facebook’s proposed cryptocurrency. Get the Full Story Complete the form to unlock this article...
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 as members, CNBC reported on Tuesday (Oct. 15). Get the Full Story Complete the form to unlock this article and enjoy...
Facebook’s embattled cryptocurrency Libra was officially formed in Geneva with its 21 remaining members, Libra announced in a press release on Monday (Oct. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Following the news that several more companies had left Facebook’s Libra project, U.S. Secretary of the Treasury Steven Mnuchin, said on Monday (Oct. 14) that he thinks the companies left because the proposed cryptocurrency was not ready to meet government regulations. Get the Full Story...
After the mass exodus on Friday (Oct. 11) from the Libra project, the cryptocurrency’s remaining 22 corporate backers are gathering in Geneva, Switzerland to throw their weight behind the new cryptocurrency. PYMNTS takes stock of who’s left, what’s next and why building a network without firms...
Mastercard, Stripe, eBay and Visa have all dropped out of Facebook’s Libra Association. The departures follow on the heels of PayPal’s exit a week ago, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Portugal is the latest country to join the chorus of regulators and leaders alike expressing concern about Facebook’s proposed cryptocurrency, Libra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
For central banks, when it comes to cryptocurrencies, there’s no central theme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Alipay revealed that it will be banning any transactions related to bitcoin and other cryptocurrencies. Its announcement came the day after crypto exchange Binance tweeted that it is now accepting fiat currencies via Alipay, as well as via mobile messaging and payment app WeChat. Get the...
