Facebook's cryptocurrency Libra has been unveiled, but whether it's the future of cash — or indeed, ever actually arrives — remains to be seen, as regulators loom and questions are raised about who ...

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, ...

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 ...

Facebook (FB) is now facing an exodus of companies from its Libra cryptocurrency effort. Mastercard (MA), eBay (EBAY), Visa (V) and Stripe, a payments platform, all confirmed on Friday that they would ...

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.

Vodafone is the latest firm to abandon Facebook's Libra Association, another blow to the social network's cryptocurrency plans after the exit of Visa and Mastercard. Several large brands have left the ...

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 ...

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 ...

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 ...

Facebook is busy these days, rebranding and all after myriad PR crises. Yet despite committing misdeed after misdeed, the social media behemoth is pushing on a with a sinister cryptocurrency that it ...

The new model for Facebook Inc.’s proposed digital currency could help it squeak by regulators, but the social media giant and the others launching Libra will have to resolve big questions about its ...

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 ...