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Nearly 75% of German Consumers Would Reject Facebook’s Libra: Survey

Almost three-quarters of German consumers would not use Facebook's planned digital currency, Libra, according to a recent poll.Only 27 percent considers using LibraOn Oct. 17, Cointelegraph auf Deutsch reported that out of 2000 questioned Germans, aged 16 and over, only 27 percent would ever consider using Facebook’s Libra stablecoin

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Facebook Officially Launches Libra Despite High-Profile Departures

Libra, the highly-scrutinized planned cryptocurrency led by Facebook (NASDAQ:FB), officially launched in Geneva yesterday despite several high-profile defections from the project last week. Libra Launches With 21 Chartered Members The Libra Association, the non-profit governing body of the digital currency, officially signed on 21 charter members at a meeting at its Swiss

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G7 Report: Facebook’s Libra Cryptocurrency Continues to Pose a Threat

A pending report issued by the G7 committee moves to warn stakeholder’s about the serious security flaws exhibited by Facebook’s Libra which is pegged to real world assets such as government holdings and national fiat currencies.The BBC reports a draft of the report that reprimands digital currencies’ issuers in harsh

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After PayPal’s Departure, Visa, MasterCard, eBay, Stripe left the Libra Association

After PayPal, several Other members of the Libra Association including MasterCard, Visa, eBay, Stripe, and Mercado Pago, have also abandoned Facebook’s plans for creating the distributed, global cryptocurrency Libra.This serious blow from these payment processor giants came as the Libra crypto project attracted fierce criticism from global regulators and lawmakers,

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Libra Association Holds Inaugural Meeting, Forms Board

The Libra Association, the governing body of Facebook’s proposed stablecoin, held its inaugural meeting today in Geneva, Switzerland. According to a report from Reuters on Oct. 14, the consortium reaffirmed their interest in creating a payments-oriented stablecoin that would be balanced by a basked of various, purportedly stable fiat currencies. Libra

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