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 MAUs Top 2 Billion, Eyes Q4 Deceleration
Facebook’s MAUs Top 2 Billion, Eyes Q4 Deceleration
October 31, 2019  |  Earnings

Facebook’s third quarter results topped expectations on the heels of advertising growth, adding tens of millions of new users in the period across all regions. ...

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New Law Brings China Closer To Developing Digital Currency
New Law Brings China Closer To Developing Digital Currency
October 27, 2019  |  Cryptocurrency

China’s congress has passed a cryptography law to promote crypto development and ensure sound cybersecurity, according to a report from Xinhuanet, China’s news agency, on...

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Top News In Payments: Citigroup Names Consumer Banking Exec, QuickQuid Expected To Close
Top News In Payments: Citigroup Names Consumer Banking Exec, QuickQuid Expected To Close
October 25, 2019  |  News

In today’s payments news, Citigroup veteran Jane Fraser was named to head up the company’s consumer banking division. Also, the U.K.’s largest payday lender, QuickQuid, is...

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Top News In Payments: Zuckerberg Tells Congress Libra Fills A Void, PayPal Hits New Growth Milestone
Top News In Payments: Zuckerberg Tells Congress Libra Fills A Void, PayPal Hits New Growth...
October 24, 2019  |  News

Zuckerberg Tells Congress That Libra Fills A Global Payments Void Facebook CEO Mark Zuckerberg went before the U.S. House Committee on Financial Services on Wednesday...

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PayPal CFO Says It Was Never Part Of Libra Association
PayPal CFO Says It Was Never Part Of Libra Association
October 24, 2019  |  Cryptocurrency

PayPal Chief Financial Officer John Rainey said the digital payments firm was never officially part of the Libra Association and although it was the first...

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Zuckerberg Tells Congress That Libra Fills A Global Payments Void
Zuckerberg Tells Congress That Libra Fills A Global Payments Void
October 23, 2019  |  Facebook

It may be a bit ironic that the halls of Congress are known, colloquially, as the Hill. It’s an upward climb, after all, for Facebook...

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Zuckerberg’s Testimony Paints Libra As Financial Inclusion Tool
Zuckerberg’s Testimony Paints Libra As Financial Inclusion Tool
October 22, 2019  |  Facebook

Facebook CEO Mark Zuckerberg testified before the United States House Of Representatives Committee on Financial Services on Tuesday (Oct. 22). He spoke about the company’s...

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Sen. Warren Presses Mnuchin On Recent Issues In Repo Markets
Sen. Warren Presses Mnuchin On Recent Issues In Repo Markets
October 22, 2019  |  Regulation

Recent short-term, or repo, lending issues have Sen. Elizabeth Warren worried that banks could potentially use the problems to justify easing regulations on the banking...

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Top News In Payments: Revolut Collaborates With Mastercard; Visa’s She’s Next Initiative Makes Global Leap
Top News In Payments: Revolut Collaborates With Mastercard; Visa’s She’s Next Initiative Makes Global Leap
October 22, 2019  |  News

In today’s payments news, British FinTech startup Revolut is teaming with Mastercard to help it expand into the U.S. Also, Visa’s “She’s Next, Empowered by Visa” initiative is...

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