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In June 2019, after years of being under scrutiny for the impact its platforms have on society, Facebook unveiled one of its most ambitious projects yet: a cryptocurrency called Libra, which would be ...

Bitcoin plunged 16% after Sherrod Brown joined Donald Trump, Steven Mnuchin, Jerome Powell, and others in attacking Facebook's planned cryptocurrency.

In context: It feels like just about every company is trying to hop on board the cryptocurrency train, and Facebook was no different. Back in 2019, the social media giant unveiled "Libra," its own ...

Facebook has framed the digital coin as an alternative to traditional financial services for the billions of people worldwide who lack access to banking. But lawmakers say Libra would threaten ...

Facebook chief executive Mark Zuckerberg opened the door Wednesday to scaling back plans for its digital coin Libra if it cannot win approval as a new currency for global exchanges. "We clearly have ...

Morgan Beller, the co-creator of Meta’s now-defunct Libra digital currency project, revealed onstage at TechCrunch Disrupt 2023 that “what got [her] out of bed every morning [at the time] was China.” ...

Reports surfaced this week that Facebook, now known as Meta Platforms, is planning to sell intellectual assets from its proposed digital currency, originally dubbed Libra, and shutter the project.

NEW YORK (AP) — Facebook officially moved forward with its plans Monday to create a new digital currency called Libra, despite several high-profile defections from the project and intense criticism ...

LONDON (Reuters) - Existing securities rules could apply to "stablecoin" digital currency initiatives such as Facebook's Libra project to help realize its benefits, global securities watchdog IOSCO ...