Mark Zuckerberg has another answer to bitcoinGiven Zuckerberg’s tendency to issue half-hearted apologies before going back to breaking things, it’s not surprising that he’s gearing up ...
22 Dec, 2020, 05.27 PM IST
Facebook cryptocurrency Libra to launch as early as January but scaled back: ReportLibra was relaunched in slimmed-down form after regulators and central banks across the world raised concerns it could upset financial stab...
27 Nov, 2020, 07.02 PM IST
Facebook financial formed to pursue company’s payments plansThe company has invested heavily to make WhatsApp a destination for commerce in those markets, but regulation has stalled its payments effo...
11 Aug, 2020, 09.17 AM IST
Facebook weighs Libra revamp to address regulatory concernsSince Facebook announced the Libra project, several central banks, including the Bank of England and the European Central Bank, have said t...
04 Mar, 2020, 09.28 AM IST
View: Libra retreat would bring joy and relief to AsiaFacebook Inc.’s idea of a global cryptocurrency may get demoted to something more humble.
23 Oct, 2019, 12.02 PM IST
Facebook says central banks have nothing to fear from LibraThe concern from regulators is that giving over the control of currency creation to Facebook would strip governments of one of their greate...
17 Sep, 2019, 11.45 PM IST
‘Crypto stablecoins may face bottlenecks’Stablecoins, and Libra in particular, have the potential to grow substantially and ultimately shoulder a significant fraction of global tra...
06 Sep, 2019, 08.18 AM IST
Facebook has no plans for Calibra or cryptocurrency in IndiaThe Reserve Bank of India has banned banks from dealing in cryptocurrencies but informal networks abound.
10 Jul, 2019, 12.23 PM IST
Facebook's Libra faces skeptical government in Asia’s third-largest economy“Design of the Facebook currency has not been fully explained,” says Subhash Garg.
08 Jul, 2019, 02.21 PM IST
View: RBI needs to overcome its fear of legitimate cryptocurrency usageRBI has been vacillating between under-estimation of crypto's potential and its fear of ‘bad-actor’ use cases.
28 Jun, 2019, 06.52 AM IST
Can Facebook’s Libra get past the hurdles Bitcoin faced?Libra falls under the category of virtual currency called ‘stable coin’.
24 Jun, 2019, 09.35 AM IST
Facebook may abort Libra launch in IndiaSocial network has not filed application with RBI, which does not allow banking network to be used for cryptocurrency transactions'
22 Jun, 2019, 08.31 AM IST
Libra can force govt to do a crypto rethinkSathvik Vishwanath, CEO and cofounder, Unocoin said that “given the central bank’s stance, it would not encourage an application from Faceb...
21 Jun, 2019, 11.43 AM IST
Facebook’s Libra will be propelled by India, Jefferies saysFacebook is taking advantage of low penetration rates in emerging markets.
20 Jun, 2019, 02.51 PM IST
Facebook set to bet high on Libra cryptoThe American company has floated an independent subsidiary Calibra for its bitcoin business.
19 Jun, 2019, 10.19 AM IST
Facebook’s Libra wanders into the bitcoin bear trapFacebook has been on a mission over the past year to recapture the trust of its users. Libra certainly demands a lot of faith.
19 Jun, 2019, 09.16 AM IST
Facebook rallies as analysts praise 'watershed' crypto moveShares rose 1.7 per cent before the bell, putting the social-media company on track.
18 Jun, 2019, 06.41 PM IST