Tag: Libra

How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra

How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming […]

How 10 Countries Respond to Facebook’s Libra Cryptocurrency

How 10 Countries Respond to Facebook’s Libra Cryptocurrency A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank […]

The Swiss Are Onto Something: Facebook, Libra and the Case for Decentralization

The Swiss Are Onto Something: Facebook, Libra and the Case for Decentralization A recent letter from the U.S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not […]