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Meta Making "Zuck Bucks"- Digital Money In Mark Zuckerberg's Name: Report
Facebook's parent company Meta is exploring the potential of digital money referred to internally as "Zuck Bucks" in a play on the founder's name, the Financial Times reported Wednesday.
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Facebook-Backed Crypto Project Diem Sold After Pushback
The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million (roughly Rs. 1,360 crore) sale of its technology, capping a years-long initiative that drew significant concern from regulators.
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Meta's Novi Wallet, Diem Cryptocurrency Spearhead David Marcus Is Stepping Down
Marcus, the leader of Facebook's "F2" financial division and the co-creator of its Diem digital currency project, is stepping down. He joined Facebook in 2014 after two years as president of PayPal.
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Facebook-Backed Cryptocurrency Project Diem to Launch US Stablecoin in Major Shift
Digital currency group Diem Association, formerly known as Facebook's Libra project, plans to launch a US dollar stablecoin as it scales back its global ambitions to focus on the United States, the group said.
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Facebook-Backed Libra Taps Ex-HSBC Executive as CFO of Payments Unit
Another former HSBC executive is heading to the Facebook-backed Libra cryptocurrency project, joining as chief financial officer of a unit tasked with managing the planned digital currency's payments system.
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Facebook Wallet for Libra Digital Coins Renamed 'Novi'
Facebook's virtual wallet for yet-to-be-minted Libra digital coins was renamed "Novi" on Tuesday. The rebranding replaces the original name of "Calibra" for the Facebook digital wallet which would work with the planned virtual currency.
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Singapore State Investor Temasek Joins Facebook's Libra Cryptocurrency Project
In April, Libra's governing body said the planned digital currency will be linked to individual national currencies and overseen by global watchdogs, in a scaled-back revamp it hopes will win regulatory approval.
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Facebook-Backed Libra Appoints Stuart Levey as Chief Executive
"Stuart brings to the Libra Association the rare combination of an accomplished leader in both the government, where he enjoyed bipartisan respect and influence, and the private sector where he managed teams spread across the globe," said Katie Haun, a member of the Libra board.
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G20 Sets Ground Rules Ahead of Facebook's Libra Stablecoin
The world's leading economies need to plug gaps in their rulebooks to avoid digital currencies like Facebook's planned Libra stablecoin from undermining financial stability, the Group of 20 Economies' (G20) regulatory watchdog said on Tuesday.
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Facebook to Revamp Its Digital Currency Plans Amid Regulatory Scrutiny: Report
Facebook will revamp its plans for digital currencies amid regulatory scrutiny, The Information reported on Tuesday.
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Shopify to Join Facebook-Led Libra Currency Group
Canadian e-commerce company Shopify said on Friday it would join Libra Association, a group that manages Facebook led efforts to launch a global digital currency, Libra.
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Facebook's Libra Digital Currency Could Come Under Some Existing Rules: IOSCO
Existing securities rules could apply to "stablecoin" digital currency initiatives such as Facebook's Libra project to help realise its benefits, global securities watchdog IOSCO said on Monday.
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Facebook's Zuckerberg Grilled in US Congress on Digital Currency, Privacy, Elections
Facebook CEO Mark Zuckerberg conceded on Wednesday that the company's planned digital currency Libra was a "risky project," but sought to reassure skeptical US lawmakers.
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"Dig Into Your Past": Ocasio-Cortez To Mark Zuckerberg On Political Ads
Facebook chief executive Mark Zuckerberg opened the door Wednesday to scaling back plans for the company's digital coin Libra if it cannot win approval as a new currency for global exchanges.
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Facebook's Mark Zuckerberg Open To Scaling Back Plans For Libra Coin
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.
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Meta Making "Zuck Bucks"- Digital Money In Mark Zuckerberg's Name: Report
Facebook's parent company Meta is exploring the potential of digital money referred to internally as "Zuck Bucks" in a play on the founder's name, the Financial Times reported Wednesday.
-
Facebook-Backed Crypto Project Diem Sold After Pushback
The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million (roughly Rs. 1,360 crore) sale of its technology, capping a years-long initiative that drew significant concern from regulators.
-
Meta's Novi Wallet, Diem Cryptocurrency Spearhead David Marcus Is Stepping Down
Marcus, the leader of Facebook's "F2" financial division and the co-creator of its Diem digital currency project, is stepping down. He joined Facebook in 2014 after two years as president of PayPal.
-
Facebook-Backed Cryptocurrency Project Diem to Launch US Stablecoin in Major Shift
Digital currency group Diem Association, formerly known as Facebook's Libra project, plans to launch a US dollar stablecoin as it scales back its global ambitions to focus on the United States, the group said.
-
Facebook-Backed Libra Taps Ex-HSBC Executive as CFO of Payments Unit
Another former HSBC executive is heading to the Facebook-backed Libra cryptocurrency project, joining as chief financial officer of a unit tasked with managing the planned digital currency's payments system.
-
Facebook Wallet for Libra Digital Coins Renamed 'Novi'
Facebook's virtual wallet for yet-to-be-minted Libra digital coins was renamed "Novi" on Tuesday. The rebranding replaces the original name of "Calibra" for the Facebook digital wallet which would work with the planned virtual currency.
-
Singapore State Investor Temasek Joins Facebook's Libra Cryptocurrency Project
In April, Libra's governing body said the planned digital currency will be linked to individual national currencies and overseen by global watchdogs, in a scaled-back revamp it hopes will win regulatory approval.
-
Facebook-Backed Libra Appoints Stuart Levey as Chief Executive
"Stuart brings to the Libra Association the rare combination of an accomplished leader in both the government, where he enjoyed bipartisan respect and influence, and the private sector where he managed teams spread across the globe," said Katie Haun, a member of the Libra board.
-
G20 Sets Ground Rules Ahead of Facebook's Libra Stablecoin
The world's leading economies need to plug gaps in their rulebooks to avoid digital currencies like Facebook's planned Libra stablecoin from undermining financial stability, the Group of 20 Economies' (G20) regulatory watchdog said on Tuesday.
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Facebook to Revamp Its Digital Currency Plans Amid Regulatory Scrutiny: Report
Facebook will revamp its plans for digital currencies amid regulatory scrutiny, The Information reported on Tuesday.
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Shopify to Join Facebook-Led Libra Currency Group
Canadian e-commerce company Shopify said on Friday it would join Libra Association, a group that manages Facebook led efforts to launch a global digital currency, Libra.
-
Facebook's Libra Digital Currency Could Come Under Some Existing Rules: IOSCO
Existing securities rules could apply to "stablecoin" digital currency initiatives such as Facebook's Libra project to help realise its benefits, global securities watchdog IOSCO said on Monday.
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Facebook's Zuckerberg Grilled in US Congress on Digital Currency, Privacy, Elections
Facebook CEO Mark Zuckerberg conceded on Wednesday that the company's planned digital currency Libra was a "risky project," but sought to reassure skeptical US lawmakers.
-
"Dig Into Your Past": Ocasio-Cortez To Mark Zuckerberg On Political Ads
Facebook chief executive Mark Zuckerberg opened the door Wednesday to scaling back plans for the company's digital coin Libra if it cannot win approval as a new currency for global exchanges.
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Facebook's Mark Zuckerberg Open To Scaling Back Plans For Libra Coin
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.
