Facebook’s Libra currency draws instant response from regulators
Wednesday, 19 June 2019 Facebook’s plans to launch a new global digital currency drew an immediate response from regulators, with the Group of Seven nations saying it would set up a high-level forum to examine the risks of such currencies to the financial system.
MENLO PARK, CALIFORNIA — The social network is coming out with a Bitcoin-style cryptocurrency, and let's just say not everyone is on board.
Facebook on Tuesday announced plans to launch its own cryptocurrency in 2020. The digital currency, called Libra, is backed by a reserve of financial...
Facebook's David Marcus faced another day of governmental grilling, this time at the hands of the House Financial Services Committee, over the social media giant's plans for its digital currency Libra.