Facebook’s Libra stablecoin was going to let anyone, anywhere, transact money over the internet. A basket of fiat currencies would ensure Libra’s price stability, while a group of 28 varied companies ...

Facebook officially moved forward with its plans Monday to create a new digital currency called Libra, despite several high-profile defections from the project and intense criticism from U.S.

PayPal has pulled out of Facebook’s digital currency project, known as Libra, a blow to the social media company that has faced stronger-than-expected scrutiny over its proposed creation of an ...

The Diem Association’s rebrand from Libra was supposed to herald a new day for the project, but a touted 2021 launch may not go as planned. Facebook-backed Libra Association’s rebrand to Diem looked ...

The aftermath of the LIBRA meme coin scandal also affected whales. A wallet was singled out for potential insider connections, after receiving a $5M compensation. An early LIBRA whale, later ...

In June 2019, after years of being under scrutiny for the impact its platforms have on society, Facebook unveiled one of its most ambitious projects yet: a cryptocurrency called Libra, which would be ...

The announcement of Meta’s now-abandoned Libra project, which was touted as a “global stablecoin,” drew the attention of the international regulatory community to digital assets, according to a new ...

WASHINGTON (Reuters) - Facebook Inc , facing growing skepticism about its digital currency project Libra, on Sunday said the initiative could use cryptocurrencies based on national currencies such as ...