Libra News

Libra is a global digital cryptocurrency created by the Facebook team and governed by Libra Association, independent, non-profit membership organization. The founding members of the association include Mastercard, PayPal, Visa, Booking Holdings, eBay, Facebook, Uber, Spotify, Vodafone, Coinbase, Xapo, and other well-known companies. Libra blockchain is using the Move programming language and the Byzantine Fault Tolerant (BFT) consensus. Each Libra unit will be provided with several currencies, bank deposits, and securities, which will form the Libra Reserve. This will provide low volatility. However, the token would not be tied with any fiat currency. Users will be able to send coins with Calibra wallet, as a single app or as a built-in extension in WhatsApp and Messenger.

News
The central bank of France plans to pilot a central bank digital currency for financial institutions by the end of the first quarter of 2020.
France to Test Its Central Bank Digital Currency in Q1 2020: Official
Helen Partz
2019-12-04T18:08:00+00:00
5696
Analysis
Libra could face even more stringent requirements as U.S. lawmakers introduce a bill seeking to classify stablecoins as securities.
US Lawmakers Want to Brand Libra a Security, Association Disagrees
Osato Avan-Nomayo
2019-12-01T13:33:00+00:00
6494
News
Blockchain researchers at online brokerage eToro have argued that Facebook should look to support third-party stablecoins, not Libra.
EToro: Facebook Should Drop Libra and Support Third-Party Stablecoins
Marie Huillet
2019-11-28T12:52:00+00:00
3123
News
The CEO of Kakao said that the Klaytn blockchain developed by its subsidiary Ground X is similar in operation to Facebook’s Libra network but more advanced.
Klaytn Blockchain Ahead of Facebook’s Libra Network, Says Kakao CEO
Adrian Zmudzinski
2019-11-28T12:14:00+00:00
2637
Interview
The crypto businessman sings praises for “uncensorable money.”
Exclusive: ‘Nothing Is Above Bitcoin, No CBDC, No Stablecoins,' Says Blockstream CEO Adam Back
Cassio Gusson
2019-11-25T23:15:00+00:00
8855
News
CEO of blockchain firm R3, David Rutter, has ridiculed the way Facebook introduced its yet-to-be-released Libra stablecoin.
R3 CEO: Facebook’s Announcement of Libra Was ‘Ridiculously Stupid’
Ana Alexandre
2019-11-22T02:47:00+00:00
5902
News
A bipartisan team of senators introduced legislation that would regulate Facebook’s Libra stablecoin under securities law.
New Bill Would Put Facebook’s Libra Stablecoin Under US Securities Law
Helen Partz
2019-11-21T17:20:00+00:00
4154
Analysis
With Facebook and Google establishing themselves more firmly into the financial industry, what is the future like for crypto?
Google, Facebook Take on Banking Duties, Crypto Shrugged to the Side?
Will Heasman
2019-11-21T14:45:00+00:00
2821

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