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Libra launch date leaked – stripped back version to launch Q1 2021
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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Libra competitor Celo digital currency launches with 50 members
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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Major payments players pull plug on Libra
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
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European central banks take big steps against Libra coin
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 project on rocky ground as aggressive EU regulators start probe
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
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