What’s Next for Facebook’s Crypto?

Facebook is in the process of rethinking its Libra crypto-token, after meeting with regulatory hurdles. The new digital asset may do away with the Libra moniker, instead offering virtual coins strictly representing fiat currencies. Libra Association Continues with Mission to Launch Wallet, Digital Payment Tools The Libra Association will be preserved, but Facebook may do […]

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Anchorage, Bison Trails Execs to Helm Libra’s New ‘Technical Steering Committee’

The Libra Association announced Thursday it had formed a technical steering committee to coordinate the design of the Libra platform. The new committee, composed of Anchorage co-founder Diogo Monica, Calibra core product lead George Cabrera III, Bison Trails founder Joe Lallouz, Union Square Ventures partner Nick Grossman and Mercy Corps emerging technology director Ric Shreves, […]

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Facebook CEO Mark Zuckerberg to Testify Before Congress Over Libra Cryptocurrency

Facebook CEO Mark Zuckerberg will defend the Libra cryptocurrency project before U.S. lawmakers later this month. The House Financial Services Committee announced Wednesday that Zuckerberg will testify on Oct. 23 during a hearing titled “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors.” Zuckerberg will be the only witness. While […]

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