Facebook’s Inches Towards Global Regulatory Compliance, Applies for New York BitLicense

If the project is to be truly global, Facebook may need “literally hundreds, perhaps thousands, of licenses from hundreds of different regulators,” said Sean Park.

Buried in Facebook’s Libra White Paper, a Digital Identity Bombshell

Buried in Facebook’s Libra white paper are two sentences hinting the project's ambitions go even further than minting a global currency.

Facebook Seeking Crypto Wallet Data Engineer, Regulatory Policy Expert

Facebook is seeking a data professional to work on its crypto wallet Calibra, as well as a policy specialist to help with regulatory hurdles.

A Monumental Fight Over Facebook’s Cryptocurrency Is Coming

The buck stops with Zuck in the looming fight between the world's governments and Facebook over Libra.

Facebook Admits ‘Early’ Libra Announcement in ‘Heavily Regulated Space’

By CCN Markets: A key Facebook executive has admitted that its Libra cryptocurrency was announced early, amid pushback from regulators. Sheryl Sandberg, the company’s chief operating officer, indicated to Bloomberg TV Wednesday that talks are und...

Rep. Maxine Waters Says US Can’t Let Facebook’s Libra ‘Compete With the Dollar’

Appearing on CNBC Thursday, the chair of the U.S. House Financial Services Committee doubled down on her calls for Facebook to halt Libra development.

Litecoin Price Gains Despite Facebook’s Libra Stealing Altcoins’ Thunder

By CCN Markets: Litecoin (LTC) entered a positive territory on Wednesday while other top cryptocurrencies trended flat as investors became cautious following the introduction of the Facebook token, Libra. The LTC-to-dollar exchange rate established an ...

Facebook’s Libra Could Meet ‘Highest Standards’ in Regulation: BoE Governor

Facebook's Libra cryptocurrency could be subject to the "highest standards" in global regulations, said Bank of England governor Mark Carney.

Facebook Has Yet to Answer US Lawmakers’ Questions About Libra Crypto

Facebook is still working on its responses to the U.S. Senate Banking Committee's questions about the Libra coin.

Facebook’s Crypto Wallet ‘Calibra’ is Coming to WhatsApp in 2020

By CCN Markets: The whitepaper of Libra, a crypto asset created by a non-profit organization in Libra Association led by Facebook has been formally released, disclosing key details of the digital asset and the blockchain protocol that supports it. As s...