For example, Facebook launched its much-awaited cryptocurrency project Libra in June, but within days, it was made clear that it wouldn’t be coming to India. So while India is a closed door for ...
On today’s episode, NLW does a retrospective of Facebook’s libra project, which was renamed late last year to diem. He argues that, whatever happens with diem specifically, it has a place in ...
Days later, U.S. lawmakers did something more dramatic: They asked Facebook to halt its Libra project to give Congress time to look into the idea and identify risks related to financial markets ...
Following the exit of global payment companies — Mastercard and Visa from cryptocurrency project Libra, e-commerce giant eBay, payment gateway Stripe and Latin American payments company Mercado ...
The Lord Chancellor's Department's troubled Libra project will cost £134m more than originally anticipated, according to a report by the National Audit Office (NAO). Libra was designed to provide ...
Cook's comments come as Facebook's libra project faces opposition from countries and regulators around the world, with online payment provider PayPal yesterday pulling its support for libra.
Facebook's Libra cryptocurrency project is beginning to unravel. First Bloomberg reported that Mastercard, Visa and Stripe are being urged to reconsider their involvement with the project.
It warns that even if Libra's backers address concerns, the project may not get approval from regulators. The warning comes just days after payments giants Mastercard and Visa pulled out of the ...