Mark Zuckerberg has just testified to Congress for the first time in about a year. On this occasion the hearing in front of the House Financial Services Committee was ostensibly about Project Libra, ...

Facebook’s Libra stablecoin was going to let anyone, anywhere, transact money over the internet. A basket of fiat currencies would ensure Libra’s price stability, while a group of 28 varied companies ...

PayPal has pulled out of Facebook’s digital currency project, known as Libra, a blow to the social media company that has faced stronger-than-expected scrutiny over its proposed creation of an ...

David Marcus, the former head of Facebook’s blockchain project Libra—later rebranded as Diem—has revealed that political opposition ultimately doomed the ambitious stablecoin initiative. In a detailed ...

SINGAPORE (Reuters) - Singapore state investor Temasek Holdings has joined the Facebook-backed Libra digital currency project which has faced intense scrutiny from global regulators worried its launch ...

No fintech initiative has ever had such an extraordinary impact as that of Facebook’s Libra. The mere announcement of a plan to launch a reserve-backed, blockchain-based stablecoin representing a new ...

Facebook’s plan was remarkably ambitious. The company aimed to create a stablecoin called Libra that would facilitate borderless transactions while avoiding the speculative nature of traditional ...

Facebook (FB) isn’t just tapping into the technological zeitgeist with its new cryptocurrency project Libra — it’s also targeting a “red hot” market potentially worth billions. Libra, announced in ...