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.
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Nov 30, 2021 at 6:10 p.m. UTC
Nov 30, 2021
Libra
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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.
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Oct 19, 2021 at 11:45 p.m. UTC
Oct 19, 2021
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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.
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Sep 7, 2021 at 8:07 p.m. UTC
Sep 7, 2021
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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, as COO. “The Hash” group discusses what this could signal about the future of Diem and Polkadot and the possible impact on stablecoin regulation.
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Sep 7, 2021 at 6:52 p.m. UTC
Sep 7, 2021
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Facebook: Novi Digital Wallet Is ‘Ready to Come to Market’
Most states in the U.S. have approved the product.
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Aug 18, 2021 at 2:11 p.m. UTC
Aug 18, 2021
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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 cryptocurrency on its agenda. CoinDesk’s Nikhilesh De sheds light on what to expect and the implications for the crypto community.
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Jun 22, 2021 at 3:02 p.m. UTC
Jun 22, 2021
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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.
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Jun 22, 2021 at 1:30 p.m. UTC
Jun 22, 2021
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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.
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May 26, 2021 at 7:43 p.m. UTC
May 26, 2021
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Diem Co-Creator Says Original Plan for Stablecoin Was 'Naive'
Diem, the latest iteration of Facebook's ambitious Libra project, had to make multiple concessions to calm the regulators. Chief Economist Christian Catalini explains the evolution.
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May 26, 2021 at 3:31 p.m. UTC
May 26, 2021
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Facebook-Backed Diem Partners With Silvergate Bank to Issue US Dollar Stablecoin
Diem is moving its "primary operations" from Switzerland to the U.S.
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May 12, 2021 at 8:26 p.m. UTC
May 12, 2021