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LIBRA CRYPTOCURRENCY
Lessons from the $LIBRA Controversy: How to protect yourself from crypto fraudsLIBRA, despite having major backers, collapsed due to regulatory hurdles, proving that strong support doesn’t guarantee success in crypto. ...20 Feb, 2025, 06.21 PM IST- Crypto worth $99 million withdrawn from Milei-backed Libra token, researchers sayAround $99 million worth of cryptocurrency linked to the $LIBRA token was withdrawn by eight digital wallets associated with its creator, f...20 Feb, 2025, 08.55 AM IST
- Argentina’s $LIBRA scandal: President Javier Milei under fire after cryptocurrency collapseArgentine President Javier Milei faces intense scrutiny after his endorsement of the cryptocurrency $LIBRA, which saw a rapid rise and sudd...18 Feb, 2025, 01.03 PM IST
- Cryptocurrency promoted by Argentina's President Milei crashesArgentina's President Javier Milei admitted making a mistake on Saturday after promoting a cryptocurrency whose value soared and then crash...17 Feb, 2025, 11.20 AM 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
- Cryptos are entirely useless products: Former finance secretary Subhash Chandra GargWhen everything is getting digitised, currency should too. The day is not far when digital currency will come into being. But cryptocurrenc...04 Oct, 2020, 11.06 AM 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
- 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
- Bitcoin tops $12,000 for the first time January 2018On a year-to-date basis, bitcoin has risen 216 per cent to $12,155 on June 26 against $3843.52 on January 1.26 Jun, 2019, 10.10 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 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 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
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