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Libra (cryptocurrency)

Cryptocurrency project initiated by Facebook

Libra (cryptocurrency)    ▸ Facts   ▸ Comments   ▸ News   ▸ Videos   

Libra is a permissioned blockchain digital currency proposed by the American social media company Facebook. The project, currency and transactions are to be managed and cryptographically entrusted to the Libra Association, a membership organization founded by Facebook's subsidiary Calibra and 27 others across payment, technology, telecommunication, online marketplace, venture capital and nonprofits.

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Fear of Facebook's Libra unites finance chiefs at fractious G-7

fear of facebook's libra unites finance chiefs at fractious g-7
Global finance chiefs found common ground in their fear of Facebook's Libra initiative as they met to discuss more contentious issues from digital taxation to the economic outlook on Wednesday. ......
WorldNews - Published

Daily Cryptocurrency Bulletin For Wednesday, July 17, 2019

daily cryptocurrency bulletin for wednesday, july 17, 2019
General News Facebook received a grilling in their Senate hearing yesterday with Sherrod Brown, the banking committee’s highest-ranking Democrat, claiming he would support legislation reining in..
WorldNews - Published

Videos for Libra (cryptocurrency)

World policymakers voice concern over Facebook cryptocurrency [Video]World policymakers voice concern over Facebook cryptocurrency

G7 finance ministers and the U.S. House Financial Services Committee on Wednesday all added to the chorus of concerned voices about Facebook's new cryptocurrency. Jane Lanhee Lee reports

Credit: Reuters Studio     Duration: 02:09Published

Who Will Regulate Facebook Crypto Currency? [Video]Who Will Regulate Facebook Crypto Currency?

Business Insider reports that David Marcus, head of Facebook's cryptocurrency Libra, testified in front of the Senate on Thursday. Marcus stated that the Libra Association will oversee Libra and be..

Credit: Wochit News     Duration: 00:32Published

Bitcoin Tumbles [Video]Bitcoin Tumbles

Bitcoin has plunged 16% after a bruising day in Congress for Facebook's digital coin, Libra. "Facebook has burned down the house over and over and called every arson a learning experience," Sen...

Credit: Wochit News     Duration: 00:32Published

A rising chorus against Facebook's new currency [Video]A rising chorus against Facebook's new currency

Facebook will be defending its new cryptocurrency Libra before Congress as more voices join the chorus of opposition. Jane Lanhee Lee reports.

Credit: Reuters Studio     Duration: 01:57Published

Facebook's cryptocurrency raises 'serious concerns'- Powell [Video]Facebook's cryptocurrency raises 'serious concerns'- Powell

U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns were addressed. Rough Cut (no..

Credit: Reuters Studio     Duration: 01:54Published

Bitcoin reaches 18-month high as Facebook's Libra spurs interest [Video]Bitcoin reaches 18-month high as Facebook's Libra spurs interest

Bitcoin jumped to an 18-month high on Wednesday, a surge analysts said was caused by nervous traders looking for safety in alternative investments and expectations that Facebook's Libra could turn..

Credit: Reuters Studio     Duration: 01:06Published

European watchdogs demand detail on Facebook's cryptocurrency [Video]European watchdogs demand detail on Facebook's cryptocurrency

Facebook's fledgling cryptocurrency faced mounting scrutiny on Tuesday as European central bankers and regulators demanded more detail on the social media giant's Libra project. Francis Maguire..

Credit: Reuters Studio     Duration: 01:17Published

 

Facebook Says it Will Use Swiss Agency to Oversee its Cryptocurrency’s Privacy, But is Yet ...

facebook says it will use swiss agency to oversee its cryptocurrency’s privacy, but is yet ...
Facebook has been grilled today at a Senate Banking Committee hearing over its cryptocurrency project Libra. As part of the hearing, a representative for the social media giant claims the firm has been..
WorldNews - Published

Facebook questioned over cryptocurrency plans

Facebook officials were on Captiol Hill for a hearing on the company's plan for a cryptocurrency called Libra. The social network has faced scrutiny over the years for issues with data security, and..
CBS News - Published

Facebook to testify in Congress on Libra cryptocurrency

Facebook will be testifying over two days in Congress as lawmakers express concerns on the social media platform's new cryptocurrency, Libra. CBS News contributor and Wired editor-in-chief Nick..
CBS News - Published

Facebook defends Libra digital currency in US Senate grilling

facebook defends libra digital currency in us senate grilling
The chief of Facebook’s new digital currency has said it understands “loud and clear” that people do not want financial details connected to their social media data. David Marcus was grilled by..
WorldNews - Published

Facebook's Libra cryptocurrency attacked at Senate hearing

The tech giant's Libra digital currency is attacked by senators who say the company is not trusted.
BBC News - Published

Facebook Needs 'Very High Standard' For Libra Coin: US Treasury

facebook needs 'very high standard' for libra coin: us treasury
Facebook must meet "a very high standard" before it moves ahead with its planned digital currency Libra, US Treasury Secretary Steven Mnuchin said Monday. ......
WorldNews - Published

Cryptocurrencies Pose National Security Threat, Mnuchin Says

The Treasury secretary raised concerns about cryptocurrencies, including Facebook’s Libra, saying they could be used to fund illicit activities.
NYTimes.com - Published

Facebook vows Libra currency will wait for approval as U.S. airs worries

Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying..
Reuters - Published

Facebook official says regulatory concerns to be addressed before Libra launch

Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are..
Reuters - Published

Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook's planned Libra digital coin.
Reuters - Published

Facebook’s cryptocurrency 'Libra' under fire from Trump and global regulators

facebook’s cryptocurrency 'libra' under fire from trump and global regulators
Facebook’s planned virtual unit Libra, already under heavy attack from US President Donald Trump and global regulators, faces scepticism among the wider cryptocurrency community as well. One theme --..
WorldNews - Published

US President Trump Speaks on Bitcoin and Libra – Here’s How Market Reacted

us president trump speaks on bitcoin and libra – here’s how market reacted
US President Donald Trump, who is more vocal about his feelings and thoughts than many, finally spoke about Bitcoin and cryptocurrencies. He not only gave his views in general but also spoke negatively..
WorldNews - Published

Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations

U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves..
Reuters - Published

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