Libra co-creator David Marcus announced the establishment of a new payments-focused group under Facebook - Facebook Financial on August 10, which will oversee the entirety of any payments and financial…
The Monetary Authority of Singapore (MAS) yesterday announced that the development of a blockchain-based payments network, created in conjunction with Libra Association member and public company Temasek Holdings, and financial…
Facebook CEO Mark Zuckerberg was faced with the question of how the main Facebook platform and app can benefit from Libra’s integration, to which he said that an “increase in…
Calibra has been rebranded as the Novi Wallet, managed under a Facebook subsidiary, Novi Financial. The functions of the wallet remain the same.
Facebook’s abortive cryptocurrency project Libra may have hit the skids in the United States, but it may have friended a powerful ally in Asia.
The Singapore dollar (SGD) was mentioned as an example in both versions of Libra’s whitepaper along with the US dollar, euro and pound sterling, indicating that Singapore could be a…
Amidst the uncertainties in global economic situations, Bitcoin has proven itself to be the best asset in terms of return on investment.
This year marked a major milestone for the global financial technology industry with many notable events – Bitcoin just recently underwent its third halving, the emergence of China’s digital currency…
In a bid to appease regulatory ire, the cryptocurrency project has pivoted from its original plan to roll out a Libra coin supported by a basket of fiat currencies.
According to Libra’s latest update, instead of creating a global stablecoin backed by a basket of fiat currencies, it will be rolling out several Libra single-currency stablecoins.