Facebook Libra

• Big Banks vs. Big Tech: Are internet giants poised to take over the financial system?

  The IMF report outlines three potential scenarios for the relationship between big tech and commercial banks; coexistence, complimentary and takeover.

  Economy

  Jul 22, 2019
  
• World finance leaders raise ‘serious regulatory’ concerns over Facebook’s Libra

  Officials agree that cryptocurrencies pegged to real currencies will have to meet "the highest standards" of financial regulation.

  Consumer

  Jul 18, 2019
  
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• Trump says cryptocurrencies must face banking regulations, ‘not a fan’ of them

  "If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National and International," Trump said on Twitter.

  World

  Jul 11, 2019
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• Facebook’s digital currency could gain traction in developing world

  The currency, Libra, provides a universal, stable currency that is easily transferrable between persons or businesses without involving setting up an entire payment infrastructure.

  Tech

  Jun 28, 2019
• Facebook unveils cryptocurrency plans for 2 billion users worldwide

  The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use.

  World

  Jun 18, 2019