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...

Central banks to question Facebook over Libra cryptocurrency

Facebook is about to undergo further scrutiny of its Libra cryptocurrency, and it may have to answer some difficult questions. Officials speaking to the Financial Times said that Libra representatives are meeting with officials from 26 central banks...

France says it will block Facebook’s Libra cryptocurrency in Europe

Facebook's Libra cryptocurrency has run into another stumbling block. Less than a month after the EU opened up an antitrust investigation into the project, officials in France have announced that they "cannot authorize" Libra on European soil.

Telegram hasn’t given up on its ‘Gram’ cryptocurrency

As Facebook's cryptocurrency Libra faces challenges from legislators, another social platform is getting ready to launch its own digital currency. According to a report in the New York Times, Telegram is aiming to launch its own coin, the Gram, withi...

Facebook’s Libra Association opens Bug Bounty program to everyone

Facebook's Calibra digital wallet isn't scheduled to launch until 2020. But, as you might expect, the organization that was created to protect the Libra cryptocurrency powering Calibra is already working to ensure it keeps people's data safe. We're t...

Facebook’s Libra Association is being investigated by EU antitrust regulators

Facebook's Libra cryptocurrency project is being probed again, this time by European Union antitrust regulators. The European Commission said it is "currently investigating potential anti-competitive behavior," related to the Libra Association, Bloom...