Facebook’s sudden announcement of the Libra stablecoin on June 18, 2019 was the epitome of its old motto, “move fast and break things.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Meta CEO Mark Zuckerberg is seeing the demise of his cryptocurrency project due to regulatory pressures, Bloomberg reported Tuesday (Jan. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The announcement that David Marcus is leaving the company formerly known as Facebook marks the departure of the last name associated with its Libra stablecoin debacle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Diem may be a shadow of what some proponents promised it would be back in 2019 — namely, a seismic shift for the monetary system itself. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
January 26, 2022
Facebook’s sudden announcement of the Libra stablecoin on June 18, 2019 was the epitome of its old motto, “move fast and break things.” 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. […]
January 04, 2021
Diem may be a shadow of what some proponents promised it would be back in 2019 — namely, a seismic shift for the monetary system itself. Get the Full Story...
September 15, 2020
Central bank digital coins on the Continent – but plenty of room for cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
March 04, 2020
In today’s top payments news, Ant Financial has acquired a minority stake in FinTech Klarna, the coronavirus has crippled the $1.7 trillion global tourism industry, and Facebook is reportedly considering...
January 25, 2022
Meta CEO Mark Zuckerberg is seeing the demise of his cryptocurrency project due to regulatory pressures, Bloomberg reported Tuesday (Jan. 25). 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 completing […]
December 01, 2020
Goodbye Libra and hello Diem. Facebook’s cryptocurrency project on Tuesday (Dec. 1) unveiled a new name as it seeks to put some distance between itself and its powerful but controversial...
November 29, 2020
Facebook‘s digital currency, Libra, could launch by January, but in a “limited format,” according to officials, as reported by Financial Times (FT). Get the Full Story Complete the form to...
October 15, 2020
The Libra Association, the Facebook-backed stablecoin project, has named former HSBC executive Ian Jenkins as chief financial officer (CFO) and chief risk officer (CRO) of Libra Networks, Libra announced on Thursday (Oct....
