Latest libra publications

Facebook has officially moved forward with its plans to create a new digital currency called Libra, despite several high-profile defections from the project and intense criticism from US regulators and politicians.

The Libra Association, the non-profit group that will govern the currency, officially signed 21 charter members on Monday at the organisation’s inaugural meeting in Geneva.

The ICO has signed a joint statement with other data protection authorities calling for more information about how Facebook will use financial data The Information Commissioner’s Office (ICO) has raised privacy concerns over Facebook’s new digital currency, Libra. Information Commissioner Elizabeth Denham has signed a statement alongside counterparts from the US, Canada, Australia and the… Read More

Digital, Culture, Media and Sport Committee chairman Damian Collins fears Libra could be open to fraud, according to a report A probe into Facebook’s digital currency plans is being considered by MPs, it has been reported. Concerns have been raised over the social network’s intentions to start a cryptocurrency called Libra, which will be run… Read More

Ken Moore said Mastercard believed the social network was trying to remove some of the challenges around cryptocurrency Facebook’s new digital currency has “good intentions” in wanting to remove some of the challenges around cryptocurrencies, a Mastercard executive has said. The social network has announced plans to launch its Libra digital currency as part of… Read More

Facebook stressed it will not control the new digital currency and users don’t need to trust Facebook in order to use it Facebook will not control the new Libra cryptocurrency it has launched or the network around it, the social media giant’s lead on the project has said. David Marcus said Facebook will have no… Read More