Tag: Libra Association

The Libra Association has changed its name to the Diem Association to reinforce "its organisational independence" as the cryptocurrency could launch as early as January.

The Facebook-led Libra Association is reportedly gearing up to launch its cryptocurrency at the start of 2021.

It seems as if the Libra Association has ramped up its efforts to get Libra off the launchpad. However, now the European Central Bank has published a research paper warning that stablecoins like Libra could badly impact the markets.

Having lost some of its founding members when the public scrutiny got fierce, the Libra Association has now added Checkout.com to its membership as things seem to be moving faster for the cryptocurrency project.

It seems as if Facebook is still serious about getting the ball rolling with the cryptocurrency initiative Libra as the social media giant has announced plans to hire 50 people to work on its FinTech project.

After months of speculation, governmental hearings and partners abandoning the project, it seems as if the Facebook-led cryptocurrency Libra has taken a big step towards being recognised by regulators.

The dual CEO and co-founder of both Twitter and Square has made no secret to where he stands when it comes to the Facebook-backed cryptocurrency.

Mark Zuckerberg endured a serious grilling this week as lawmakers around the world continue to express their concerns about Libra. The Facebook CEO did not...