Tag: Libra
PayPal Unveils Financial Health Program For Employees: ‘Market Is Not Working’
PayPal has been on a mission to address financial inclusivity for a while now. Recently, the digital payments giant looked inward.
Congress Grills Zuckerberg for Pitching Libra as Solution for the Unbanked
Facebook CEO Mark Zuckerberg, testifying again today on Capitol Hill, faced pushback from members of Congress skeptical of his claims the social...
Stablecoin Companies Prep for Mainstream as Big Banks, Facebook Launch Digital...
Key Takeaway: As big banks like Wells Fargo, JPMorgan offer stablecoin cryptocurrencies,...
Germany Ramps Up Libra Opposition as Banks Develop Competing “Stablecoins”
In the latest round of setbacks for Facebook’s planned Libra cryptocurrency, Germany ramped up its rhetoric against the electronic money today and...
Telegram’s GRAM Cryptocurrency Debut Will Raise User Interest and Regulator Scrutiny
Move over Libra: Messenger app Telegram may be set to steal Facebook’s thunder with the debut of its own long-awaited cryptocurrency by...
Goldman Sachs Wants to Dive ‘Further Than Ever Before’ Into Digital...
Goldman Sachs is expanding its digital asset team, signaling intentions to move “further than ever before” into crypto business, as big tech...
Facebook’s Marcus Defends Libra’s Financial Inclusivity
This week, David Marcus, Facebook’s vice president of messaging products, addressed one of the prominent criticisms of the global electronic currency since...
European, U.S. Regulators Mobilize to Curb Cryptocurrency
France plans to assemble a G7 task force to study how banks monitor cryptocurrencies like Facebook’s Libra, France’s central governor announced on...
Is Facebook’s Libra a Real Blockchain? No.
Tuesday morning, Facebook revealed plans for its new cryptocurrency, Libra, that is actively backed by tech giants like Visa, MasterCard, PayPal, eBay,...
Facebook Will Square Off Against Amazon, Apple in the Race Towards...
This week, Facebook joined Amazon, Apple and other big tech names as the race to implement a truly global digital currency and...
Facebook’s Libra Cryptocurrency May Spark Financial Revolution In the Developing World
The stars are aligning for crypto to go mainstream as Facebook has announced the launch of Libra, a new digital currency that...
After a Series of Disasters, Facebook Wants to Make Things Right...
Following a series of privacy and misinformation scandals and increasing regulatory probes, Facebook is keen to improve its image as a force...
Facebook Said to Seek Outside Funding for Crypto Project
On Our Radar: Deals we are paying attention to for their impact on industry.
For the first time in its history, Facebook is reportedly on the...