“Disinformation is a routine consequence of surveillance capitalism,” says Surveillance Capitalism author Shoshana Zuboff in a wide-ranging interview.
Libra Is Ready for the Digital Money ‘Space Race’: Dante Disparte
Libra’s most vexing challenge may be juggling inclusion and compliance. But policy chief Dante Disparte says the project is not giving up on reaching the unbanked.
Libra Payments Can Boost Facebook’s Ads Business, Zuckerberg Says
Libra can make it easier for Facebook’s users to buy goods advertised on its platform, which would incentivize businesses to buy more ads, CEO Mark Zuckerberg said Wednesday.
Facebook’s Calibra Rebrands to Novi, Details Wallet Tie-Up With WhatsApp
In the run-up to launch, libra’s digital wallet subsidiary has been given a new look and a new name: Novi, which means “new way.”
Facebook’s Toothless Oversight Board Has Lessons for Blockchain
Facebook’s new “oversight” board includes impressive names, but its formal powers are necessarily limited. There are learnings for blockchain governance.
Cross-Border Payment Portal Checkout.com Is Latest to Join Libra Association
Checkout.com, a digital payment processor which focuses on cross-border transactions, has become the 24th member of the Libra Association.
Libra’s Long Road From a Facebook Lab to the Global Stage: A Timeline
A detailed chronology of Libra’s journey from a skunkworks inside Facebook to a potential global monetary game-changer to a shadow of its former self.
Big Tech Signs Rare Open Source Pledge to Boost Supplies During COVID
Major tech firms are opening their patents to allow developers to build much needed tools during the coronavirus crisis.
Facebook Affirms Libra Commitment With 50 New Job Openings in Ireland
Libra may have been scaled back, but Facebook is significantly expanding the team working to support the stablecoin project.
US Lawmaker Calls Libra’s Revamp Insufficient
Rep. Sylvia Garcia’s comments suggest Libra’s roots as a Facebook initiative remain a political liability despite the consortium’s steps to sate critics.
Libra Scales Back Global Currency Ambitions in Concession to Regulators
The Facebook-spawned Libra Association has scaled back its original vision of a global digital currency backed by a basket of fiat currencies.
Libra Scales Back Global Currency Ambitions in Concession to Regulators
The Facebook-spawned Libra Association has scaled back its original vision of a global digital currency backed by a basket of fiat currencies.
Private Companies Could Play Role in CBDC Issuance, Bank of England Says
Analysts from the U.K.’s central bank said private currencies could work alongside any future CBDC initiative if they offered real utility.
New Celo Alliance Has Same Aims as Libra – And Some of the Same Partners
Dozens of blockchain companies and investors are committing to promote Celo tokens in some fashion by joining the cLabs “Alliance for Prosperity.”
Libra Wanted a Currency, All We Need Are DeFi’s Open Payment Rails
Rather than build an alternative currency like Libra, Facebook should concentrate on building new infrastructure, like the open systems in the ethereum-DeFi space, says ConsenSys’s Lex Sokolin.
Libra Plus? A New Global Digital Currency Strategy for Facebook
India’s Supreme Court overturns a crypto banking ban while Facebook prepares fiat-pegged digital currencies alongside Libra.
Could a Digital Dollar Compete on Privacy? Fed Chairman Powell Hints It Might
Fed Chairman Powell has given financial privacy advocates a glimmer of hope – and hinted at how the U.S. might competitively position a digitized dollar.
FinCEN: Social Media Companies That Tokenize Must Follow the Law
Social networks with crypto aspirations must guard their systems against criminal exploitation, said FinCEN’s deputy chief.
Libra Vice Chair Not Worried About the Leavers
Libra Vice Chair Dante A. Disparte said some departing Libra partners left the door wide open for an eventual return. They will be welcomed back when they’re ready.
Switzerland Softens Tone on Libra After Ex-President Says Project ‘Failed’
Switzerland may be attempting to repair its relations with Libra following a blunt statement from the country’s president.