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Libra

Meta pulls the plug on Novi, the last standing piece of Zuckerberg’s stablecoin dream
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7 July, 2022

Meta pulls the plug on Novi, the last standing piece of Zuckerberg’s stablecoin dream

Novi users will lose all access to the wallet in September as Meta urges them to withdraw their funds, ending...
Diem not impressing Washington even with rebranding efforts: report
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14 September, 2021

Diem not impressing Washington even with rebranding efforts: report

Facebook has faced an uphill task bringing regulators onboard with its Diem payment system, even after pouring millions into lobbying...
David Gerard: The birth pangs of Facebook’s crypto project
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14 January, 2021

David Gerard: The birth pangs of Facebook’s crypto project

A staunch critic of Silicon Valley, writer and journalist David Gerard offers a stinging critique of Facebook’s cryptocurrency project.
US Congress seeks to regulate stablecoins with new STABLE Act
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7 December, 2020

US Congress seeks to regulate stablecoins with new STABLE Act

The STABLE Act seeks to treat stablecoin issuers as banks, requiring them to obtain a banking charter and abide by...
Facebook’s Libra launching in 2021 and Libra Association changes its name
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1 December, 2020

Facebook’s Libra launching in 2021 and Libra Association changes its name

According to three individuals involved in the initiative, Facebook’s digital currency project Libra will launch in 2021–but it will be