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

Facebook’s Global Libra Push Involves Many Regulatory Hurdles

Facebook’s Global Libra Push Involves Many Regulatory Hurdles
Facebook’s Global Libra Push Involves Many Regulatory Hurdles
July 01, 2019  |  Cryptocurrency

Despite the obvious regulatory hurdles that Facebook’s recently announced cryptocurrency is facing, the company is moving forward with its plan to provide the world with...

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Libra Currency Could Pose Tax Challenges
Libra Currency Could Pose Tax Challenges
July 01, 2019  |  Cryptocurrency

With the idea of pegging Libra’s value to a basket of international currencies, Facebook’s proposed cryptocurrency would bring tax challenges to European users, per tax...

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Big Tech Cryptos Set For Antitrust Scrutiny
Big Tech Cryptos Set For Antitrust Scrutiny
July 01, 2019  |  Legal & Regulation

Facebook’s announcement of Libra late last month has spurred greater regulatory oversight of cryptocurrencies, with a particular eye on who may be bringing those cryptos...

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Building Project Libra’s Infrastructure From Scratch
Building Project Libra’s Infrastructure From Scratch
July 01, 2019  |  Smarter Payments

Facebook’s Libra crypto push brings together 28 companies (so far), across industries, to shape its charter and go-to-market approach. However, what do these founding members,...

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Why Blockchain Holds Promise For Cross-Border Payments
Why Blockchain Holds Promise For Cross-Border Payments
July 01, 2019  |  Blockchain

The rise of the global economy and the demand for swift and secure cross-border payments is driving the development of more efficient infrastructures, and spurring...

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If Facebook Wants To Be WeChat, Why Did It Launch Libra?
If Facebook Wants To Be WeChat, Why Did It Launch Libra?
July 01, 2019  |  Cryptocurrency

Have you overdosed on Libra coverage yet? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Bitcoin Daily: Haiti Home To Blockchain Surge; Fraudsters Use Fake Crown Prince Story To Steal Users’ Bitcoin
Bitcoin Daily: Haiti Home To Blockchain Surge; Fraudsters Use Fake Crown Prince Story To Steal...
July 01, 2019  |  Bitcoin

Haiti has seen a blockchain boom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Facebook’s Marcus Wants Banking Professional As Libra Chief
Facebook’s Marcus Wants Banking Professional As Libra Chief
June 28, 2019  |  Facebook / Meta

David Marcus, Facebook vice president of messaging products and a key developer of the social media firm’s Libra digital currency project, thinks someone with experience in...

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