Libra Project
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Former Diem Employees Raise $200 Million Funding for New Layer 1 Blockchain Aptos
Former Meta personnel and key players from the company’s now-defunct stablecoin project Diem have secured $200 million (roughly Rs. 1,525 crore) to build a new project called Aptos — a decentralised Layer 1 blockchain.
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Facebook-Backed Crypto Project Diem Sold After Pushback
The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million (roughly Rs. 1,360 crore)Â sale of its technology, capping a years-long initiative that drew significant concern from regulators.
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Meta's Novi Wallet, Diem Cryptocurrency Spearhead David Marcus Is Stepping Down
Marcus, the leader of Facebook's "F2" financial division and the co-creator of its Diem digital currency project, is stepping down. He joined Facebook in 2014 after two years as president of PayPal.
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Facebook Partners With Coinbase to Pilot Novi Digital Wallet in the US
Facebook selected USDP in its pilot program because of its track record, and regulatory and consumer protection attributes.
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Facebook-Backed Cryptocurrency Project Diem to Launch US Stablecoin in Major Shift
Digital currency group Diem Association, formerly known as Facebook's Libra project, plans to launch a US dollar stablecoin as it scales back its global ambitions to focus on the United States, the group said.
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Facebook-Backed Digital Coin Libra Renamed Diem to Gain Regulatory Approval
Facebook-backed cryptocurrency Libra has been rebranded Diem in a renewed effort to gain regulatory approval by stressing the project's independence.
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Facebook-Backed Libra Taps Ex-HSBC Executive as CFO of Payments Unit
Another former HSBC executive is heading to the Facebook-backed Libra cryptocurrency project, joining as chief financial officer of a unit tasked with managing the planned digital currency's payments system.
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Singapore State Investor Temasek Joins Facebook's Libra Cryptocurrency Project
In April, Libra's governing body said the planned digital currency will be linked to individual national currencies and overseen by global watchdogs, in a scaled-back revamp it hopes will win regulatory approval.
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Vodafone Group Quits Facebook's Libra Cryptocurrency Project
Vodafone has become the latest big player who has decided to quit Facebook's controversial Libra cryptocurrency project.
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Vodafone Quits Facebook's Libra Cryptocurrency Project
Vodafone joins PayPal, Mastercard, Visa, Mercado Pago, eBay, Stripe and Booking Holdings in withdrawing from the controversial project -- and is the first company to exit the Libra Association that was formed in October last year, CoinDesk reported on Tuesday.
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Facebook's Libra Digital Currency Could Come Under Some Existing Rules: IOSCO
Existing securities rules could apply to "stablecoin" digital currency initiatives such as Facebook's Libra project to help realise its benefits, global securities watchdog IOSCO said on Monday.
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Facebook's Zuckerberg Grilled in US Congress on Digital Currency, Privacy, Elections
Facebook CEO Mark Zuckerberg conceded on Wednesday that the company's planned digital currency Libra was a "risky project," but sought to reassure skeptical US lawmakers.
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Facebook Open to Currency-Pegged Stablecoins for Libra Project
Facebook, facing growing scepticism about its digital currency project Libra, said the initiative could use cryptocurrencies based on national currencies such as the dollar, instead of the synthetic one it initially proposed.
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Facebook's Libra Announces Board as Support Shrinks Further
Backers of Facebook's Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging off the latest member defection by online travel company Booking Holding earlier in the day.
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Facebook’s Libra Currency Abandoned by eBay, Mastercard, Visa, Stripe
Visa and Mastercard on Friday announced their departure from Facebook's Libra project, a major setback to the social network's plan for a worldwide digital currency.
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Former Diem Employees Raise $200 Million Funding for New Layer 1 Blockchain Aptos
Former Meta personnel and key players from the company’s now-defunct stablecoin project Diem have secured $200 million (roughly Rs. 1,525 crore) to build a new project called Aptos — a decentralised Layer 1 blockchain.
-
Facebook-Backed Crypto Project Diem Sold After Pushback
The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million (roughly Rs. 1,360 crore)Â sale of its technology, capping a years-long initiative that drew significant concern from regulators.
-
Meta's Novi Wallet, Diem Cryptocurrency Spearhead David Marcus Is Stepping Down
Marcus, the leader of Facebook's "F2" financial division and the co-creator of its Diem digital currency project, is stepping down. He joined Facebook in 2014 after two years as president of PayPal.
-
Facebook Partners With Coinbase to Pilot Novi Digital Wallet in the US
Facebook selected USDP in its pilot program because of its track record, and regulatory and consumer protection attributes.
-
Facebook-Backed Cryptocurrency Project Diem to Launch US Stablecoin in Major Shift
Digital currency group Diem Association, formerly known as Facebook's Libra project, plans to launch a US dollar stablecoin as it scales back its global ambitions to focus on the United States, the group said.
-
Facebook-Backed Digital Coin Libra Renamed Diem to Gain Regulatory Approval
Facebook-backed cryptocurrency Libra has been rebranded Diem in a renewed effort to gain regulatory approval by stressing the project's independence.
-
Facebook-Backed Libra Taps Ex-HSBC Executive as CFO of Payments Unit
Another former HSBC executive is heading to the Facebook-backed Libra cryptocurrency project, joining as chief financial officer of a unit tasked with managing the planned digital currency's payments system.
-
Singapore State Investor Temasek Joins Facebook's Libra Cryptocurrency Project
In April, Libra's governing body said the planned digital currency will be linked to individual national currencies and overseen by global watchdogs, in a scaled-back revamp it hopes will win regulatory approval.
-
Vodafone Group Quits Facebook's Libra Cryptocurrency Project
Vodafone has become the latest big player who has decided to quit Facebook's controversial Libra cryptocurrency project.
-
Vodafone Quits Facebook's Libra Cryptocurrency Project
Vodafone joins PayPal, Mastercard, Visa, Mercado Pago, eBay, Stripe and Booking Holdings in withdrawing from the controversial project -- and is the first company to exit the Libra Association that was formed in October last year, CoinDesk reported on Tuesday.
-
Facebook's Libra Digital Currency Could Come Under Some Existing Rules: IOSCO
Existing securities rules could apply to "stablecoin" digital currency initiatives such as Facebook's Libra project to help realise its benefits, global securities watchdog IOSCO said on Monday.
-
Facebook's Zuckerberg Grilled in US Congress on Digital Currency, Privacy, Elections
Facebook CEO Mark Zuckerberg conceded on Wednesday that the company's planned digital currency Libra was a "risky project," but sought to reassure skeptical US lawmakers.
-
Facebook Open to Currency-Pegged Stablecoins for Libra Project
Facebook, facing growing scepticism about its digital currency project Libra, said the initiative could use cryptocurrencies based on national currencies such as the dollar, instead of the synthetic one it initially proposed.
-
Facebook's Libra Announces Board as Support Shrinks Further
Backers of Facebook's Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging off the latest member defection by online travel company Booking Holding earlier in the day.
-
Facebook’s Libra Currency Abandoned by eBay, Mastercard, Visa, Stripe
Visa and Mastercard on Friday announced their departure from Facebook's Libra project, a major setback to the social network's plan for a worldwide digital currency.
