Libra, Facebooks digital currency, is rumoured to be prepping for launch in early Q1 2021, but in a limited capacity to its already its already downgraded vision. The Libra Association... more
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The Celo Foundation, which not only appears to be similar to Facebooks Libra project but in direct competition, has unveiled 50 members for its ‘Alliance for Prosperity’. Celo has a... more
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Mastercard, Visa, Stripe and eBay have all followed PayPal by pulling out of Libra, Facebook’s digital currency, following sustained political pressure and just days before the project’s backers are due... more
Representatives of Facebook were grilled by central bank regulators on its planned Libra coin project amid concerns from EU governments regarding the threat the digital currency poses to financial stability.... more
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Libra Coin, Facebook’s cryptocurrency project is reported to be being investigated by European Union antitrust regulators. The European Commission said it is “currently investigating potential anti-competitive behaviour,” related to the... more
The post Libra project on rocky ground as aggressive EU regulators start probe appeared first on Payments Cards & Mobile.