Libra

Libra (cryptocurrency) Libra is a permissioned blockchain digital currency proposed by the American social media company Facebook. ... The currency and network do not yet exist, and only rudimentary experimental code has been released. The launch is planned to be in 2020.

Source: en.wikipedia.org

Visa’s PayWorks Acquisition, Amazon’s Prime Day Top This Week’s News

Visa’s PayWorks Acquisition, Amazon’s Prime Day Top This Week’s News
Visa’s PayWorks Acquisition, Amazon’s Prime Day Top This Week’s News
July 19, 2019  |  The Weekender

We hope you had a great week, and that you didn’t miss any important news from the world of payments and commerce. The PYMNTS Weekender, as...

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G7 Agrees To Tax Big Tech And Cut Libra No Slack
G7 Agrees To Tax Big Tech And Cut Libra No Slack
July 18, 2019  |  Legal & Regulation

Group of Seven finance ministers and central bankers said digital currencies need to be closely regulated so that they don’t disrupt the global financial system....

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eBay Chief Says Libra Is A Risk, But Shows Promise
eBay Chief Says Libra Is A Risk, But Shows Promise
July 18, 2019  |  Cryptocurrency

The CEO of eBay, Devin Wenig, said his company’s support of Libra could potentially be a gamble, but that if it pays off it will...

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Treasury Secretary: US Will Police Cryptocurrencies
Treasury Secretary: US Will Police Cryptocurrencies
July 18, 2019  |  Cybersecurity

US Treasury Secretary Steven Mnuchin said his department will use “very, very strong” regulations to ensure that bitcoin and other cryptocurrencies don’t become “the equivalent...

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Bitcoin Price Sinks On Libra Concerns
Bitcoin Price Sinks On Libra Concerns
July 18, 2019  |  Bitcoin

Lawmakers doubts over Facebook‘s planned cryptocurrency, Libra, is having a negative impact on bitcoin. The Wall Street Journal reported that bitcoin’s price fell to about...

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House Lawmakers Call Libra A Dangerous Threat
House Lawmakers Call Libra A Dangerous Threat
July 17, 2019  |  Cryptocurrency

There was much skepticism and criticism — with some concerns raised more pointedly than others — during a House Financial Services Committee hearing on Facebook’s...

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G7 Finance Leaders: Libra Must Resolve Regulatory Issues
G7 Finance Leaders: Libra Must Resolve Regulatory Issues
July 17, 2019  |  Legal & Regulation

Group of Seven (G7) finance leaders said on Wednesday (July 17) that there were numerous issues that needed to be worked out, regulatory and otherwise,...

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Senate Grills Facebook’s Marcus Over Libra
Senate Grills Facebook’s Marcus Over Libra
July 17, 2019  |  Cryptocurrency

There were many questions, many comments, a few evasions and about the expected amount of histrionic blustering on display when David Marcus, Facebook’s head of...

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