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Libra

US central bank unveils alternative to Facebook's Libra
Business 5 years ago

US central bank unveils alternative to Facebook's Libra

FedNow will provide households and businesses with instant access to payments, for wages, government benefits or sales, without waiting days for checks to clear, the Fed said.
Singapore sovereign fund Temasek joins Facebook-backed Libra
Business 5 years ago

Singapore sovereign fund Temasek joins Facebook-backed Libra

The Singapore sovereign wealth fund Temasek has joined the Facebook-backed Libra project seeking to create a worldwide digital payments network, the Swiss-based Libra Association said Thursday.
Shopify joins nonprofit behind Facebook's Libra currency
Science & Tech 6 years ago

Shopify joins nonprofit behind Facebook's Libra currency

Online commerce platform Shopify said it has joined the nonprofit association behind Facebook's planned Libra cryptocurrency.
Facebook's Libra prospects dim, but cryptocurrencies roll on
Business 6 years ago

Facebook's Libra prospects dim, but cryptocurrencies roll on

The plan by Facebook and its partners has generated skepticism from US lawmakers and G7 finance ministers as well as from central banks and regulators globally.
Trump says cryptocurrency is 'not money'
Business 6 years ago

Trump says cryptocurrency is 'not money'

"I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air," Trump tweeted.
How cryptocurrencies can replace other pay options
Science & Tech 6 years ago

How cryptocurrencies can replace other pay options

Cryptocurrencies live in a volatile, roller-coaster world, which Facebook is seeking to change with its new Libra digital money.
Facebook takes on the world of cryptocurrency with 'Libra' coin
Science & Tech 6 years ago

Facebook takes on the world of cryptocurrency with 'Libra' coin

Facebook unveiled plans Tuesday for a new global cryptocurrency called Libra, pledging to deliver a stable virtual money that lives on smartphones and could bring over a billion "unbanked" people into the financial system.
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