On June 18, 2019, Facebook announced Libra. It's a virtual currency or cryptocurrency. Even if some people don't agree with that definition. says, it will run on a blockchain. Again, that is a ...

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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 Democratic majority on the House Financial Services Committee has drafted legislation that would issue fines to Big Tech companies for distributing digital currency or operating as a financial ...

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 ...

In context: It feels like just about every company is trying to hop on board the cryptocurrency train, and Facebook was no different. Back in 2019, the social media giant unveiled "Libra," its own ...

Morgan Beller, the co-creator of Meta’s now-defunct Libra digital currency project, revealed onstage at TechCrunch Disrupt 2023 that “what got [her] out of bed every morning [at the time] was China.” ...

This is the same Libra that Visa and Mastercard officially distanced themselves from last week, and Paypal last month. Honestly, after that happened, I can't see Libra going anywhere. You can tell me ...

Facebook is getting a taste of the regulatory pushback it will face as it creates a new digital currency with corporate partners. Just hours after the social media giant unveiled early plans for the ...

Facebook has announced its own form of cryptocurrency called Libra alongside a digital wallet named Calibra, which will allow users to pay for everyday items directly using their smartphone. Here is a ...

Facebook's virtual wallet for yet-to-be-minted Libra digital coins was renamed "Novi" on Tuesday. The rebranding replaces the original name of "Calibra" for the Facebook digital wallet which would ...