Libra Association Archives

Facebook’s Libra Allegedly Launching In January 2021 As USD Stablecoin

November 27, 2020

Facebook's Libra allegedly launching in January 2021 as USD stable coin. After over a year of examination by global financial regulators, Libra is said to be launching a US dollar-backed digital currency, the...

Chief Product Officer, Simon Morris Leaves Libra

October 9, 2019

In less than a week, the Facebook-led Libra Association has lost the support of PayPal, while Visa, Mastercard, and Stripe are also rethinking their participation amid more scrutiny from US regulators. And ...

PayPal, Visa & Others Considering Withdrawal From Libra

October 4, 2019

After PayPal representatives didn’t show at a Libra Association meeting on Thursday, the Financial Times reported that the company is reconsidering its involvement with Facebook’s Libra project. The payment ...

Libra Not Threat To Fiat, Says Libra Exec

September 27, 2019

Another Facebook executive has said that the company’s Libra cryptocurrency is not intended to threaten existing fiat currencies. Speaking at an event in Geneva on Friday, Bertrand Perez, a managing direct...