FB long-awaited cryptocurrency is finally here. Details about Libra, the social-media giant's cryptocurrency, were revealed in a white paper that provided a detailed overview of the token's intended ...
In context: It feels like just about every company is trying to hop on board the cryptocurrency train, and Facebook was no different. Back in 2019, the social media giant unveiled "Libra," its own ...
Facebook is getting a taste of the regulatory pushback it will face as it creates a new digital currency with corporate partners. Just hours after the social media giant unveiled early plans for the ...
WASHINGTON, Aug 21 (Reuters) - PayPal's (PYPL.O), opens new tab stablecoin is likely to succeed where Facebook's failed, thanks to the payment giant's standing in Washington and policymakers' greater ...
Facebook chief executive Mark Zuckerberg opened the door Wednesday to scaling back plans for its digital coin Libra if it cannot win approval as a new currency for global exchanges. "We clearly have ...
Morgan Beller, the co-creator of Meta’s now-defunct Libra digital currency project, revealed onstage at TechCrunch Disrupt 2023 that “what got [her] out of bed every morning [at the time] was China.” ...
In June 2019, after years of being under scrutiny for the impact its platforms have on society, Facebook unveiled one of its most ambitious projects yet: a cryptocurrency called Libra, which would be ...
Facebook already rules daily communication for more than 2 billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious plan Tuesday to create a new ...
Although Facebook has not set a specific date for release, it expects to release both its coin Libra, as well as a digital wallet named Calibra, sometime next year. The social media company has been ...