Libra

Diem Confirms Shutdown as Silvergate Acquires the Project's Assets
Diem Confirms Shutdown as Silvergate Acquires the Project’s Assets
CoinDesk’s Nikhilesh De weighs in on Silvergate Bank confirming Monday it’s purchasing the technology and other assets from Diem, the stablecoin project from Meta Platforms (f...
Diem Confirms Shutdown as Silvergate Acquires the Project's Assets

(Nick Otto/Bloomberg via Getty Images)
Diem Confirms Shutdown as Silvergate Acquires the Project's Assets
Facebook (now Meta) is officially winding down the stablecoin project it announced in June 2019.
(Nick Otto/Bloomberg via Getty Images)

David Marcus (Patrick T. Fallon/Bloomberg via Getty Images)
Libra Creator David Marcus Says He’s Leaving Facebook at Year’s End
He leaves the stablecoin project, first announced in June 2019, as it continues to face stiff regulatory headwinds.
David Marcus (Patrick T. Fallon/Bloomberg via Getty Images)

Sen. Brian Schatz (D-Hawaii) is taking Facebook to task for its Novi pilot. (Sarah Silbiger/Bloomberg via Getty Images)
US Lawmakers Push Back on Facebook’s Novi Wallet Launch
A group of Democrat senators is taking umbrage with a pilot launch involving Novi and Paxos’ USDP stablecoin.
Sen. Brian Schatz (D-Hawaii) is taking Facebook to task for its Novi pilot. (Sarah Silbiger/Bloomberg via Getty Images)

(Scott Webb/Unsplash)
Former Libra Director Joins Polkadot Builder
Bertrand Perez is joining the Web3 Foundation as chief operating officer after resigning from the Facebook-linked Diem in July.
(Scott Webb/Unsplash)

Former Libra Director Joins Polkadot Builder
Former Libra Director Joins Polkadot Builder
Bertrand Perez, the former chief operating officer (COO) of the Facebook-backed Diem stablecoin project, is joining the Web3 Foundation, a backer of the Polkadot blockchain, a...
Former Libra Director Joins Polkadot Builder

David Marcus, the head of Facebook's blockchain projects.
Facebook: Novi Digital Wallet Is ‘Ready to Come to Market’
Most states in the U.S. have approved the product.
David Marcus, the head of Facebook's blockchain projects.

FATF Plenary Kicks Off Today
FATF Plenary Kicks Off Today
The Financial Action Task Force, a G7 initiative to develop policies against money laundering and terrorism financing, is holding an ongoing plenary session with cryptocurrenc...
FATF Plenary Kicks Off Today

MOSHED-2021-6-21-12-33-54
State of Crypto: Reflecting on Libra's (Regulatory) Legacy
Facebook unveiled the Libra project a little over two years ago today. The original vision may have died but its legacy will live on.
MOSHED-2021-6-21-12-33-54

Libra Co-Creator Still Has Regulatory 'PTSD' From Her Time at Facebook
To change global payment rails, "you probably need to be a cowboy if you're a startup," Morgen Beller said.