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Another Blow to Libra Association as Booking Holdings Decides to Pull the Plug
15.10.2019
With major companies deciding to opt-out of the much anticipated Libra project, the road ahead for Facebook Inc seems to be an extremely tough one. The latest firm to back out of the Libra Association is Booking Holdings, a Norwalk-based eminent American firm operating several notable travel...
Libra Association Holds Inaugural Meeting, Forms Board
15.10.2019
The Libra Association has formed a five-member board and created rules for the consortium’s governance
Facebook-Led Libra Forms Governing Council After Big-Name Departures
15.10.2019
At a charter signing in Geneva on Monday, the Libra Association locked in 21 members of its governing council
Booking Holdings Leaves Facebook’s Libra Association
14.10.2019
Leading online travel company Booking Holdings has left the Libra Association
Singapore Shipping Association to Deploy Blockchain for Ship Registration
14.10.2019
The Singapore Shipping Association, the ICC and blockchain startup Perlin have partnered to build an e-registry for ships
Coinbase CEO: Senate’s Pressure on Libra Association Is ‘Un-American’
14.10.2019
Coinbase CEO criticized U.S. senators for pressuring Stripe, Mastercard and Visa to leave Libra
Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving Libra
12.10.2019
Most payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of...
U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra
11.10.2019
In the wake of Paypal’s very public exit from the Libra project, U.S. lawmakers are now pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as well. On October 8, three letters from two U.S. senators urged the tech and finance giants to “carefully...
Japan Security Token Offering Association: The Way of Self-Regulation
10.10.2019
The emergent Japan Security Token Offering Association aims to renovate the STO market via self-regulation, promising to create a standard for others to follow. But are there any drawbacks to this novel approach?
Libra Association’s Head of Product Spent Just Five Months in the Role
9.10.2019
Simon Morris, the head of product at the Libra Association, has left the project within five months of joining, according to his LinkedIn profile
PayPal, the First Firm to Officially Exit from Facebooks’s Libra Association
7.10.2019
The difficulties of Facebook seem to be multiplying on every coming day. Strong ripples across the industry were observed on Friday when PayPal, the first firm to back digital currency project of Facebook, has officially announced its detachment from the project. However, the announcement did...
Paypal Exits Libra – Mastercard and Visa May Follow
6.10.2019
Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra...
PayPal Might Withdraw From Libra Association: Report
4.10.2019
PayPal might pull out of the Facebook-led Libra project, according to a Financial Times report
Leading Japanese Firms Form Security Token Offering Association
3.10.2019
Leading Japanese financial firms are forming a regulatory body for security token offerings as new regulations make them possible in the country
Six Major Japanese Brokerages Form Security Token Offering Association
2.10.2019
A self-regulatory organization has been formed in Japan to guide security token offerings
Rakuten, SBI, Monex Launch Japan STO Association: Official
1.10.2019
Japan STO Association launches on Oct. 1, includes Nomura Securities, Rakuten Securities, SBI Securities, Monex and others
Libra Association Talks With EU Regulators Following Opposition
27.9.2019
Libra tries to convince France and Germany of its merits by going through EU
Facebook Reveals Libra Crypto’s Currency Basket Breakdown: Report
23.9.2019
Facebook has reportedly revealed the percentage breakdown of the basket of global currencies that will underpin its Libra cryptocurrency
Facebook’s Libra Pushes Back at Claims Project Is Threat to Financial Stability
13.9.2019
The head of the Facebook-led Libra Association has responded to claims that the cryptocurrency project threatens financial stability
Facebook’s Crypto Launching in H2 2020, Says Libra Association Chief
13.9.2019
Libra will solve disputes and launch next year, a senior executive says