libra

Facebook's Libra cryptocurrency taps ex-HSBC exec as CFO of payments unit

Facebook's Libra cryptocurrency taps ex-HSBC exec as CFO of payments unit

Third HSBC staffer to move.
Tom Wilson Oct 16 2020 3:16AM Financial Services
Facebook's Libra appoints HSBC legal chief Stuart Levey as CEO

Facebook's Libra appoints HSBC legal chief Stuart Levey as CEO

After Mastercard, Visa and PayPal ditch the project.
Staff Writer May 7 2020 12:49PM Financial Services
Facebook's Libra cryptocurrency gets a revamp

Facebook's Libra cryptocurrency gets a revamp

In the hope it will satisfy regulators.
Brenna Hughes Neghaiwi and Tom Wilson Apr 17 2020 10:32AM Financial Services
EU agrees tough line on digital currencies like Facebook's Libra

EU agrees tough line on digital currencies like Facebook's Libra

Finance ministers want risks addressed.
Staff Writer Dec 6 2019 6:20AM Software
Australia to press Facebook for details on Libra cryptocurrency - newspaper

Australia to press Facebook for details on Libra cryptocurrency - newspaper

Company fails to allay the watchdogs' concerns.
Staff Writer Nov 6 2019 1:23PM Financial Services
Facebook's Zuckerberg grilled in US Congress on cryptocurrency, privacy

Facebook's Zuckerberg grilled in US Congress on cryptocurrency, privacy

Concedes planned Libra currency a "risky project".
Pete Schroeder Oct 24 2019 1:03PM Financial Services
JPMorgan's CEO says Facebook's Libra currency 'will never happen'

JPMorgan's CEO says Facebook's Libra currency 'will never happen'

Dimon adds to scepticism.
Michelle Price Oct 21 2019 1:33PM Financial Services
Facebook's Libra cryptocurrency faces new hurdle from G7 nations

Facebook's Libra cryptocurrency faces new hurdle from G7 nations

Risks with such "stablecoins" should be addressed before launch.
Tom Wilson and Balazs Koranyi Oct 18 2019 12:44PM Financial Services
Facebook executive confident Libra will win enough financial backers

Facebook executive confident Libra will win enough financial backers

Still expects to get 100 banks and financial firms on board, despite exodus.
Michelle Price Oct 17 2019 6:54AM Financial Services
Facebook's Libra announces board as support evaporates

Facebook's Libra announces board as support evaporates

Backers pledge to forge ahead.
Tom Wilson and Katie Paul Oct 16 2019 6:56AM Financial Services
Facebook's Libra faces support test after payment giants jump ship

Facebook's Libra faces support test after payment giants jump ship

Faces a pivotal meeting of backers on Monday after severe setback.
Tom Wilson Oct 15 2019 6:59AM Financial Services
EBay, Stripe join PayPal in exiting Facebook's cryptocurrency Libra

EBay, Stripe join PayPal in exiting Facebook's cryptocurrency Libra

More setbacks amid major backer exodus.
Pete Schroeder Oct 14 2019 6:45AM Financial Services
Mastercard, Visa, others exit Facebook's Libra project

Mastercard, Visa, others exit Facebook's Libra project

But leave door open to return.
Pete Schroeder and Shanti S Nair Oct 12 2019 8:27AM Financial Services
Bank of England sets out rules of engagement for Facebook's Libra

Bank of England sets out rules of engagement for Facebook's Libra

Proposes new laws for crypto assets.
Staff Writer Oct 10 2019 1:43PM Financial Services
Spooked by Libra, EU pledges to regulate digital currencies

Spooked by Libra, EU pledges to regulate digital currencies

Finance commissioner to propose new rules risk to bolster financial stability.
Francesco Guarascio Oct 9 2019 6:50AM Benchmarking Change
US panel wants Zuckerberg to testify on Libra by January

US panel wants Zuckerberg to testify on Libra by January

After COO Sandberg agreed to testify.
Staff Writer Oct 4 2019 12:43PM Financial Services
Visa, Mastercard reconsider backing Facebook's Libra - WSJ

Visa, Mastercard reconsider backing Facebook's Libra - WSJ

Credit card giants feel global regulatory heat.
Staff Writer Oct 2 2019 1:05PM Benchmarking Change
Launch of Facebook's Libra could be delayed over regulatory concerns: exec

Launch of Facebook's Libra could be delayed over regulatory concerns: exec

Head of the organisation set up to oversee the cryptocurrency told Reuters.
Brenna Hughes Neghaiwi Sep 30 2019 6:57AM Financial Services
US dollar to be main currency underpinning Facebook's Libra: Spiegel

US dollar to be main currency underpinning Facebook's Libra: Spiegel

Will make up 50 percent the basket of currencies backing Facebook's coin.
Staff Writer Sep 22 2019 10:25PM Financial Services
Facebook met UK officials three times before Libra announcement

Facebook met UK officials three times before Libra announcement

Including finance ministry, central bank and regulatory officials.
Tom Wilson and Huw Jones Sep 19 2019 12:59PM Financial Services

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