Articles with tag: libra

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EU to launch crypto-assets regime by 2024, EU documents say

25 Sep 2020 | Cryptocurrencies

The European Union aims to introduce new rules within four years to modernise cross-border payments using of blockchain and crypto assets like stablecoins, two EU documents showed.

Stablecoins, cryptocurrency, blockchain, Libra token, Instant payments, crypto assets, Europe

Facebook forms a group to purse payments opportunities

13 Aug 2020 | Payments General

Facebook has unveiled F2 (Facebook Financial), a new group to pursue payments and commerce opportunities.

Facebook, Facebook Financial, payments, F2, payments, ecommerce, digital wallet, digital, Libra, cryptocurrency, WhatsApp, India, Brazil, Instagram, Messenger

Libra may not deliver digital currency, but digital identity

06 Aug 2020 | Cryptocurrencies

‘In large parts of the world, Know-Your-Customer (KYC) could be replaced by Known- by-Zuck (KYZ) to the benefit of society as a whole’ The Digital Currency Revolution’ by David Birch

David Birch, Libra, CBDC, central banks, Facebook, Know-Your-Customer, identity, digital identity, identity verification, digital currency, synthetic hegemonic currency, digital wallets, Novi, Consult Hyperion

European Commission promises 'strong' rules for Facebook's Libra

25 Jun 2020 | Cryptocurrencies

The European Commission has announced plans to present later in 2020 new rules to develop a ‘sound’ crypto-asset market in the EU.

European Commission, Facebook, Libra, stablecoins, crypto assets, cryptocurrency, regulation

China to take on Bitcoin, Facebook's Libra, and the US dollar with digital currency scheme

18 Jun 2020 | Cryptocurrencies

An influential group in China has revealed plans for an East Asia digital currency scheme that could see a basket of currencies combined to take on Bitcoin, Facebook's Libra, and even the US dollar.

central bank digital currency, China, dollar, trade war, Bitcoin, cross border payments, digitalisation, yuan, Libra

Coronavirus speeds research around central bank digital currencies

16 Jun 2020 | Cryptocurrencies

The coronavirus pandemic has been accelerating the development of central bank digital currencies (CBDCs), central bank officials said.

BoE, CBDC, central banks digital currency, Libra, stablecoin, Facebook, contactless payments, digital payments, coronavirus

Google launches cash payment option in its Play Billing Library version 3

15 Jun 2020 | Payments General

Google has rolled out  a cash payment option in its Play Billing Library version 3, as there are still many places in the world where credit cards and bank accounts aren’t common.

Google, cash payments, Play Billing Library version 3, Indonesia, Malaysia, Indonesia, promo code, Play Store, in-app purchases

Facebook renames Calibra Libra digital wallet to Novi

27 May 2020 | Cryptocurrencies

Facebook has renamed Calibra, the digital wallet designed to work with its Libra cryptocurrency, to Novi.

Facebook, Libra, Novi, stablecoin, digital wallet, cryptocurrency, KYC, Libra Association

Temasek joins Facebook-backed Libra currency

15 May 2020 | Cryptocurrencies

Temasek Holdings, a Singapore-based state investment company, has joined Facebook's Libra cryptocurrency project.

blockchain, artificial intelligence, Facebook Libra, cryptocurrency, Libra Association, Asia

Celo, Facebook Libra's competitor, brings total number of companies supporting to 75

08 May 2020 | Cryptocurrencies

Celo, a competing project to Facebook’s Libra project, has added 50% more new members to its alliance, bringing the total number of supporting organisations to 75.

Celo, cryptocurrency, Libra, Facebook, descentralisation, financial inclusion, tokens, monetary system

Facebook's Libra unveils HSBC legal head as its first chief executive

07 May 2020 | Cryptocurrencies

Facebook’s digital currency project Libra has unveiled HSBC legal chief and former George W Bush-era terrorism finance head Stuart Levey as its first chief executive.

Stuart Levey, digital currency, cryptocurrency, Libra, Libra Association, money laundering

Facebook's Libra has a new member -

29 Apr 2020 | Cryptocurrencies, a UK-based payments startup, has joined the Libra Association, the digital currency project set up by Facebook in 2019., Libra, Facebook, cryptocurrency, Libra Association, Switzerland

Facebook's investment in Jio might pave way for crypto in India

28 Apr 2020 | Cryptocurrencies

Facebook has recently invested USD 5.7 billion for a 9.99% stake in Jio Platforms, an Indian telecom company and subsidiary of Reliance Industries, headquartered in Mumbai, Maharashtra, India.

Jio Platforms, Facebook, Libra, blockchain, cryptocurrency, India, mobile payments, WhatsApp, crypto

Digital currency issuance could involve private companies, Bank of England says

08 Apr 2020 | Cryptocurrencies

Bank of England (BoE) analysts working on the UK’s central bank digital currency (CBDC) initiative have said during a webinar that there was a distinct possibility that private companies could play a larger part in the issuance and distribution of money.

Bank of England, BoE, central bank digital currency, CBDC, UK, cryptocurrency, Facebook, Libra, stabelcoin, data privacy

Regulatory and compliance concerns make Mastercard leave Libra Association

30 Mar 2020 | Cryptocurrencies

Mastercard has pulled out of the Facebook-led Libra project after developing concerns over its business model and compliance.

Mastercard, Libra Association, regulations, viability concerns, Facebook, cryptocurrency, digital assets, transactions, digital wallet, Calibra, KYC, AML

Banking pulse: trends, technologies and priorities that will shape the industry in 2020 and beyond

27 Mar 2020 | Online & Mobile Banking

2020 is set to be defined by technological innovation, financial wellness and an elevated customer experience, says Oana Ifrim, senior editor at The Paypers.

banking, fintech, bigtech, Apple, Facebook Pay, Uber money, digital wallet, Google, US, Libra, digital payments, mobile banking, neobanks, RtP, Mastercard, cyber-security, data, AI, The Paypers, business reporter, customer experience, innovation

Updates on Facebook's Libra – the project is still on

05 Mar 2020 | Cryptocurrencies

Facebook has been reportedly rethinking its plans for its own digital currency after resistance from regulators, according to BBC.

Facebook, Libra, Calibra, Libra Association, digital currency, regulators, cryptocurrency

Facebook's Libra Association joined by Shopify

26 Feb 2020 | Cryptocurrencies

The ecommerce platform Shopify has revealed it will become a member of Libra Association, contributing at least USD 10 million. 

Shopify, Facebook, cryptocurrency, Libra Association, fees, wallet, online shops, commerce, credit cards, merchants

Telecom company Vodafone bails Libra Association

22 Jan 2020 | Cryptocurrencies

Telecom company Vodafone has departed the Libra Association, a spokesperson from Vodafone confirmed to Cointelegraph.

UK, telecom, Libra Association, cryptocurrency, digital assets, financial inclusion, mobile payments, governance

Monetary Authority of Singapore starts consultation on digital payment tokens, e-money

24 Dec 2019 | Cryptocurrencies

The Monetary Authority of Singapore (MAS) has commenced consultation on E-money and digital payment tokens (DPTs).

MAS, Monetary Authority of Singapore, Payment Services Act, e-money, fintech, financial technology, token, cryptocurrency, Libra, Facebook Libra, stablecoin, Singapore, Asia, APAC