Vodafone is the latest to leave Facebook’s Libra Association

The Facebook-created Libra Association is still bleeding members months after it formalized its council. Telecom giant Vodafone has confirmed to CoinDesk that it left the Association. Unlike past defectors, though, it's not so much about regulatory...

Facebook releases Zuckerberg’s upcoming testimony in defense of Libra

Tomorrow, Facebook CEO Mark Zuckerberg will appear before the Financial Services Committee, where he's expected to be grilled about Facebook's planned cryptocurrency Libra and digital wallet Calibra. Ahead of tomorrow's inquisition, Facebook has shar...

Facebook’s Libra loses one more member as its council becomes official

Facebook couldn't avoid losing another Libra Association member before it formalized the cryptocurrency's council. Booking Holding, the company behind Booking.com, Kayak and Priceline, has withdrawn from the Libra Association just before the organiz...

eBay, Visa and Mastercard pull out of Facebook’s Libra cryptocurrency

Stripe and eBay have followed PayPal in backing out of Facebook's cryptocurrency, Libra. They confirmed to the Financial Times that they would pull their support, while Mastercard and Visa have also dropped out.

Congress will grill Mark Zuckerberg over Libra October 23rd

Mark Zuckerberg will be under the spotlight of regulators once again when Facebook's CEO testifies before the Financial Services Committee this month. The congressional panel is set to grill him October 23rd over Facebook's planned cryptocurrency Lib...

EU grills Facebook over Libra’s financial and privacy risks

It's not just central banks interrogating Facebook over its Libra cryptocurrency as of late. The Financial Times has learned that the European Commission has asked Facebook to answer a range of questions about Libra, including the risks to financial...