Gov’t Was Concerned Libra Could Displace Dollar

2020-06-15

David Weild IV, who is known as the father of the JOBS Act, believes that the U.S. government had to move to stamp out Facebook’s Libra stablecoin. Facebook: Number of Active Users. Source: Statista. ‘Government’s got to do something’ In an interview with Cointelegraph, Weild said that when he firstRead More →

Major backers of Facebook’s Libra may be getting cold feet

2019-10-01

Cracks are forming in the coalition Facebook Inc. assembled to build a global cryptocurrency-based payments network. Visa Inc. V, +1.33%  , Mastercard Inc. MA, -0.23%   and other key financial partners that signed on to help build and maintain the Libra payments network are reconsidering their involvement following backlash fromRead More →

Facebook’s cryptocurrency Libra may be a red line some people will refuse to cross and the novel case Juul is making against Chinese tariffs

2019-06-18

Happy Tuesday MarketWatchers. Don’t miss these top stories: Facebook’s cryptocurrency Libra may be a red line some people will refuse to cross Some social-media users regard Mark Zuckerberg’s financial-services ambitions with skepticism. This father paid $400,000 to get his child into Georgetown, but his son said he didn’t know —Read More →