The Libra Association has announced Saumya Bhavsar as the general counsel for its payment subsidiary, Libra Networks.

The Bank for International Settlements (BIS) has said regulation could be embedded into private global stablecoins, such as Facebook’s Libra.

Financial regulators in the world’s seven biggest economies will continue to oppose the launch of Facebook’s digital currency Libra until...

Stevan E. Bunnell, former general counsel for the U.S. Department of Homeland Security, has taken up post as Facebook Libra’s...

Facebook Financial—to be known internally as F2—aims at making the social media giant a big player in the payments industry.