Libra News

Anthony Pompliano – Using Bitcoin and Other Cryptos Could Change the Narrative for Libra
Anthony Pompliano – Using Bitcoin and Other Cryptos Could Change the Narrative for Libra
14 October 2019, 16:09
Anthony Pompliano believes that Facebook's Libra project could overcome existing regulatory hurdles by simply launching a wallet that supports Bitcoin and other cryptocurrencies.
Libra the Target as G7 Cites Financial Instability Concerns with 'Global Stablecoins'
Libra the Target as G7 Cites Financial Instability Concerns with 'Global Stablecoins'
14 October 2019, 14:25

Facebook and its Libra project were the likely targets of a new report drafted by the G7 taskforce to highlight the risks that “global stablecoins” can pose to the global financial system if allowed to enter the scene.

Facebook’s Calibra Sued for Copying Startup’s Logo
Facebook’s Calibra Sued for Copying Startup’s Logo
11 October 2019, 21:12
Current, an app-based banking platform filed a civil complaint against Facebook for using a logo that is too similar to their’s for the planned Calibra wallet.
Tim Cook Says Governments Should Issue Money, Not Private Companies
Tim Cook Says Governments Should Issue Money, Not Private Companies
04 October 2019, 08:08
Apple CEO, Tim Cook, has spoken out against private companies issuance of cryptocurrencies. He believes that money issuance is a role that should belong exclusively to the government.
The Plan Is Still to Launch Libra in 2020 ⁠— David Marcus
The Plan Is Still to Launch Libra in 2020 ⁠— David Marcus
20 September 2019, 20:12
Facebook's David Marcus has said that “the goal is still to launch Libra next year" despite the ongoing tussle with regulators.
Mark Carney Calls for Libra-Like Currency to Replace the USD
Mark Carney Calls for Libra-Like Currency to Replace the USD
24 August 2019, 15:40

In the wake of increased tension in the ongoing US and China war, Bank of England, Governor Mark Carney has proposed a solution to end the Dollar's position as the global reserve currency.

Senators Skeptical As Facebook’s Libra Hearing Gets Adjourned
Senators Skeptical As Facebook’s Libra Hearing Gets Adjourned
16 July 2019, 17:13
An overview of David Marcus's hearing before the U.S Senate Banking Committee concerning Libra.
Libra Target? U.S Lawmakers to Ban Big Tech Firms from Finance
Libra Target? U.S Lawmakers to Ban Big Tech Firms from Finance
15 July 2019, 10:55
U.S lawmakers reveal ploy to keep big tech firms like Facebook out of finance.
U.S Congress Officially Tells Facebook to Stop Libra
U.S Congress Officially Tells Facebook to Stop Libra
03 July 2019, 05:35
The United States Congress sent an official letter to Facebook Inc., demanding that the company stops the development of its planned Libra cryptocurrency and native wallet, Calibra.
BIS Thinks Facebook’s Libra and Tech Companies Could Hurt Banks
BIS Thinks Facebook’s Libra and Tech Companies Could Hurt Banks
24 June 2019, 08:08
Bank for International Settlements released a report on how the entrance of big tech companies such as Facebook, Google, Amazon, and Alibaba could potentially hurt banks and cause global financial instability.
Facebook Spoke to the U.S Fed Before Unveiling Libra
Facebook Spoke to the U.S Fed Before Unveiling Libra
19 June 2019, 21:07
Jerome Powell, Chairman of the United States Federal Reserve confirmed that Facebook met with the agency before releasing Libra.
Facebook Officially Announces Regulated Libra Currency
Facebook Officially Announces Regulated Libra Currency
18 June 2019, 11:24
Facebook has officially revealed that it is in partnership with 27 other organizations working on the invention of a new cryptocurrency that will be called Libra.