It is no secret that the Libra Association has had a number of struggles since its launch in 2019. Following the release of the Libra white paper, Facebook has faced…
When Facebook first announced that they will be launching their own cryptocurrency called Libra in 2019, they were met with a great deal of anticipation from both the crypto community…
In the past, Facebook has gotten into a number of scandals, mostly involving the handling of its users’ data. There was the Cambridge Analytica scandal in which was uncovered that…
The president of Mastercard cited creative differences and operational problems as the main reasons why he left the Libra Association. Current Mastercard CEO Ajay Banga reported on the aspects that…
Ever since the rumors on Facebook going into the cryptocurrency sector and launching its own stablecoin began to surface a few years back, it was already known that it would…
Australia could regulate Libra, the controversial stablecoin of the giant social network. According to a recent document issued by the Australian Prudential Regulation Authority (APRA), the agency could “potentially” regulate…
The Technical Management Committee of the Libra Association will consist of five members who will direct all the technical aspects of the ongoing project. The Libra Association, the entity responsible…
Even though they are a private firm, Facebook has had a lot of interaction with regulatory bodies in the last few years. First, it was due to the Cambridge Analytica…
With all the benefits of the crypto industry, there are certain downsides that those within and outside the industry have to deal with such as scams. These scams manifest in…
While there are many cryptocurrency projects that exist within the market, perhaps one of the most ambitious has been Facebook’s Libra token as it marks the company’s foray into cryptocurrency…