WASHINGTON, DC - OCTOBER 23: Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee on Capitol Hill about Facebook's proposed cryptocurrency Libra, how his ...

Facebook officially moved forward with its plans Monday to create a new digital currency called Libra, despite several high-profile defections from the project and intense criticism from U.S.

Facebook's plans to launch its very own cryptocurrency was met with heavy opposition last week, as CEO Mark Zuckerberg's Libra proposal to Congress was hijacked into a hearing of the company's past ...

To say Facebook’s cryptocurrency Libra is facing some challenges would be an understatement. Mastercard and Visa officially pulled their involvement over the weekend, along with eBay and online ...

After Libra, Facebook’s ambitious global digital currency venture, faced fierce resistance from regulators around the world, Facebook has announced “Libra 2.0.” The venture is set to undergo ...

In a Congressional hearing on Oct. 23, Facebook CEO Mark Zuckerberg expressed confidence that a lot more firms will join Libra eventually. Facebook could withdraw from the Libra Association — the ...

Jack Dorsey has some thoughts on Libra. Namely, it's bullshit. Speaking at today's Twitter News Summit in New York City, the pro-Bitcoin CEO took Facebook's so-called cryptocurrency project to task ...

Then there were 22. Last week, PayPal became the first to defect from the 28-member Libra Association, declining to participate in Facebook’s vision for global payments—a vision it helped seed. Now, ...

The proposed Libra cryptocurrency will allow Facebook to increase ad prices, the social network’s CEO Mark Zuckerberg said at the annual shareholder meeting on Wednesday, according to a transcript ...

WASHINGTON — Facebook’s ambitious plan to create a cryptocurrency that would replace traditional money all over the world appears to be on life support. Regulators and lawmakers have mocked it. Key ...

When Facebook unveiled ambitious plans in June to spearhead the creation of a global digital currency, co-founder David Marcus promised unprecedented cooperation among some of the biggest names in ...

There will be a new cryptocurrency available in 2020—Libra. Although it is backed by several Silicon Valley and mega-companies that make up the Libra Association, Facebook is clearly the leader ...