NEWSBLACKARDY.COM: Breaking News - Latest of The Hour 07:34, 09/11/2019

U.S. Warns Switzerland on Oversight of Facebook's Libra

The U.S. urged Switzerland to ensure its regulations governing cryptocurrencies are strong enough to prevent abuse, as the European banking hub prepares to host Libra, a digital currency pro...

U.S. Warns Switzerland on Oversight of Facebook's Libra

Source: wsj.com

Switzerland warns Facebook's Libra it will face extra scrutiny Facebook's Libra cryptocurrency suffered another setback on Wednesday when Switzerland said the proposed payments system could face strict rules that typically apply to banks, on top of tough anti-money laundering laws....
17:51, 09/11/2019

The group overseeing Facebook's libra is applying for a payments license in Switzerland The Libra Association, the organization in charge of overseeing Facebook's proposed cryptocurrency, said Wednesday it will apply for a payments license in Switzerland....
14:00, 09/11/2019

Central banks will want oversight of Facebook's Libra: Bank of England's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said....
10:34, 06/21/2019

Facebook co-founder warns against Libra cryptocurrency Chris Hughes says firms involved such as Paypal and Mastercard will wield too much powerOne of Facebook’s co-founders has warned that the social network’s plans for a digital currency called Libra could allow corporations involved in the scheme to wi...
17:34, 06/21/2019

France Warns It Will Block Development Of Facebook's Libra Cryptocurrency France warned on Thursday it will block development of Facebook's planned Libra cryptocurrency in Europe because it threatens the "monetary sovereignty" of governments....
15:51, 09/12/2019

Facebook's Libra in Regulators' Sights as ECB Warns of 'Stablecoin' Risks Facebook's attempt to drag cryptocurrencies into the mainstream with its Libra digital coin met with further scepticism on Monday when an ECB board member said such "stablecoins" posed serious risks....
10:34, 09/17/2019

UPDATE 1-Facebook's Libra must be 'rock solid' before launch warns BoE's Carney Facebook's proposed Libra digital coin must show it is "rock solid" before it can be allowed to launch, Bank of England Governor Mark Carney said on Thursday....
20:00, 07/11/2019

Facebook's Libra in regulators' sights as ECB's Coeure warns of 'stablecoin' risks Facebook's attempt to drag cryptocurrencies into the mainstream with its Libra digital coin met with further scepticism on Monday when an ECB board member said such "stablecoins" posed serious risks....
22:51, 09/16/2019

Former Japan central banker warns Facebook's Libra may undermine monetary policy Central banks may see the impact of their monetary policies diminish significantly if Facebook's Libra cryptocurrency becomes widely used in their countries, a former Bank of Japan executive warned on Friday....
12:34, 08/02/2019

Switzerland on collision course with EU over gun control Switzerland is facing the choice between changing its gun laws or falling out of Europe's open-border system. But in a country with a strong aversion to regulation, gun owners feel their traditions are coming under fire....
05:00, 05/19/2019

MPs set up new political group to act as 'Switzerland' A new group of independent MPs has been set up in parliament, intended to be a "welcoming home" for those thinking of defecting from the Conservatives or Labour....
19:00, 07/10/2019

10 of the best things to do in Vevey, Switzerland The Swiss town’s wine festival is as revered as it is rare but, from a Chaplin museum to boat tours and chocolate heaven, a trip need not be grape-relatedOn 18 July, the peaceful town of Vevey, on the shores of Lake Geneva near Montreux, transforms i...
08:17, 07/18/2019

10 Best Swiss Dishes You Must Try When In Switzerland From Ticino, the country's quintessential Swiss canton, to Geneva (that's close to France) - I've travelled across this charming nation always in awe of their dense railway network. Aside from Swiss......
13:51, 05/13/2019

Switzerland’s Once-in-a-Generation, Over-the-Top Party When the 52 Places Traveler arrived in Vevey, Switzerland, he thought he was hallucinating. But no: it was just a celebration that hasn’t happened since 1999....
13:34, 07/31/2019

New life for Switzerland’s hippy valley A bohemian mountain community in Ticino has rejected national-park status – and fast-track development – in favour of small grassroots projectsThe yellow postal bus lurches up the narrow, dead-end road that winds through Valle Onsernone, blasting its...
11:51, 08/24/2019

Switzerland-EU partnership row facing deadline Easy trading in Swiss shares from within the EU could crumble at midnight Sunday in a row over a new partnership deal. For months, Bern has refused to sign the long-negotiated treaty text on multiple links with the bloc....
19:17, 06/30/2019

Switzerland Is Held Captive By Its Big Neighbor With the ECB set to cut rates, the Swiss will have little choice but to go even deeper into negative territory. The SNB is a price-taker, not a price-maker. ...
10:00, 08/14/2019

Women across Switzerland are striking for equal pay Swiss women are striking en masse on Friday, in a 24-hour nationwide protest to highlight the country's poor record on gender equality and the gender pay gap....
00:34, 06/15/2019

Switzerland's wine festival – in pictures The Swiss town of Vevey has staged a once-in-a-generation celebration of its winemakers, with fancy dress, alpine horns, cows and dancers kicking off a festival that dates back to the 18th century. The three-week Fête des Vignerons, which began in 17...
13:00, 07/19/2019

IOC formally opens $145M new headquarters in Switzerland LAUSANNE, Switzerland (AP) — The International Olympic Committee is formally opening its 145 million Swiss francs ($145 million) new headquarters exactly 125 years after the Olympic Games was revived. IOC President Thomas Bach has told guests: “...
11:17, 06/23/2019

Switzerland ranked as most innovative country in new UN report The World Intellectual Property Organization, WIPO, named Switzerland as the world’s most innovative country on Wednesday, during the launch of its latest Global Innovation Index, (GII) in the Indian capital New Delhi....
01:00, 07/25/2019

FIFA Quietly Considering Plan to Leave Switzerland World soccer’s governing body is weighing a move away from Zurich, its home since 1932, saying Swiss law has made it difficult to hire employees from outside Europe....
01:00, 08/01/2019

UK climber falls to his death from Matterhorn in Switzerland GENEVA (AP) — Police in southwestern Switzerland say a 24-year-old British mountain climber who was coming down from the country’s famed Matterhorn fell to his death in pre-dawn darkness, after a chunk of rock came loose during the descent. The...
18:17, 06/03/2019

Women In Switzerland Launch Massive Protest Against Pay Gap Several hundred thousand purple-clad protesters blowing whistles, banging pots and pans and brandishing feminist slogans filled the streets of Swiss towns and cities on Friday, as women across the......
05:00, 06/15/2019

2 killed in heavy storms in Switzerland, France Authorities say a tourist has drowned in Switzerland's Lake Geneva after her boat capsized in a driving storm, and another was killed in nearby France after high winds brought down a tree on her campsite....
12:00, 06/16/2019

Switzerland celebrates rare wine festival Dubbed a once-in-a-generation spectacle, Swiss and tourists alike are flocking to a Lake Geneva town to celebrate the region's winemakers. Organizers said the festival "highlights the work on the vineyard."...
20:51, 07/19/2019

Switzerland becomes No. 1 donor of foreign aid to North Korea Switzerland is emerging as the No. 1 donor of humanitarian assistance to North Korea as concerns grow over the deteriorating food situation in the isolated country....
23:00, 05/22/2019

Switzerland votes on changing gun laws to fit with EU rules Voters must decide whether to accept new EU gun laws, including tighter controls for semi-automatic weapons. Switzerland risks dropping out of Europe's open-border Schengen area if the referendum is rejected....
12:00, 05/19/2019

Scientists in Switzerland discover a new dinosaur species According to new research from the University of Zurich, the dinosaur -- a carnivorous predator about 8.5 feet long -- belongs to a genus and species never before seen....
00:00, 07/13/2019

A local’s guide to Berne, Switzerland: 10 top tips It is one of Europe’s smallest capitals but punches above its weight when it comes to world-class galleries, unbeatable urban swimming and, of course, chocolateTaking a dip in the river is a national pastime here, with the River Aare the basis of the...
02:51, 09/03/2019

EXPLAINER-Why Switzerland and the EU face a battle of the bourses A row over a stalled partnership treaty between Switzerland and the European Union is about to touch off a battle over share trading rules that could cause market ructions across Europe from July 1....
12:51, 06/26/2019

Sofia Kenin helps US beat Switzerland 3-1 in Fed Cup Sofia Kenin and Sloane Stephens win matches to give the United States a 3-1 victory over Switzerland in Fed Cup World Group playoff        ...
21:00, 04/28/2019

Women strike in Switzerland for fairer pay, more equality GENEVA (AP) — Women across Switzerland are walking off the job and staging demonstrations to demand fairer pay, more equality, and less sexual harassment and violence. It’s the first such protest in the Alpine country in 28 years. Turnout was u...
09:34, 06/14/2019

No deal default looms in EU-Switzerland trade row If you want to buy or sell shares in famous Swiss companies such as Nestlé, Zurich Insurance, UBS or Novartis from  next week, your task is about to become a lot more complicated....
18:51, 06/26/2019

Switzerland aims to legalise medical marijuana The Swiss government aims to make it easier for patients to get medical marijuana, proposing on Wednesday to allow prescriptions for cannabis to treat people suffering from cancer or other serious conditions....
12:00, 06/26/2019

2 tourists killed by heavy storms in Switzerland and Greece Authorities say a tourist has drowned in Switzerland’s Lake Geneva after her boat capsized in a driving storm and another was killed in nearby France.       ...
23:00, 06/16/2019

Switzerland: 3 dead after hostage-taking at Zurich apartment BERLIN (AP) — Swiss police say an armed man took two women hostage at an apartment in Zurich and all three died after shots were heard. Police in Switzerland’s biggest city said the 60-year-old Swiss man took the women hostage early Friday. The...
15:00, 05/31/2019

Osamu Deguchi joins Bolliger Team Switzerland "The Swiss team has just recruited a Suzuka specialist. Osamu Deguchi will partner Nigel Walraven and Danny Buchan in the saddle of the Bolliger Team Switzerland’s Kawasaki."...
12:00, 07/20/2019

Heavy rains lead to flooded roads in Switzerland BERLIN (AP) — Swiss media say four people have been injured after heavy rains in the west of the country saw rivers burst their banks and roads to become flooded. Online news site 20Minuten reported the injuries Saturday, but did not give further det...
16:17, 06/22/2019

European Union, Switzerland Dispute Threatens Stocks Switzerland and the EU are at loggerheads over an overhaul of the complex ties that have guided the relationship for decades. The ability of some investors to trade blue-chip Swiss companies could be affected by the spat....
20:17, 06/25/2019

Watches of Switzerland considers stock market listing UK’s biggest seller of Rolexes could be valued at up to £800m, if plan goes aheadThe UK’s biggest seller of Rolex watches is working on plans for a stock market listing, which could value the luxury retail group at up to £800m.On Thursday, Watches of...
06:51, 05/05/2019

Why gun-loving Switzerland voted to tighten restrictions on firearms REUTERS/Denis Balibouse Earlier this year, Swiss voters approved changes to the country's gun laws by a very comfortable majority of 63.7%. Gun ownership and use is widespread in Switzerland, which has military conscription and where hunting and sho...
01:00, 08/07/2019

Across the Alps by train: a feast of scenery from Switzerland to Austria After starting in London, this itinerary takes in Lake Geneva, the Austrian Tirol, and the heights of the Zugspitze in Bavaria, with stunning views all the wayA brace of fine Swiss lakes, glorious mountain views and some of Europe’s most comfortable ...
14:51, 05/04/2019

Switzerland votes for tighter gun laws by large margin Motion to line up county’s laws with EU rules passed with 64% of votes, initial results showSwiss voters have agreed by a nearly two-to-one margin to adopt tighter gun controls in line with changes to European Union rules, heading off a clash with Br...
21:17, 05/19/2019

Switzerland Loves Guns. The E.U. Wants Reforms. Voters Will Decide The hills of Switzerland will soon be alive with the sound of gunfire. The country’s largest annual shooting competition, the Feldschiessen, held between May 24 and 26, attracts an estimated 130,000 sharpshooters of all ages from all over Switz...
20:34, 05/16/2019

Man, girl missing after violent storm in Switzerland: police A man and six-year-old girl are missing after their car was swept away by a torrent of mud triggered by a flash flood in southwestern Switzerland, police in Valais canton said on Monday as dozens of rescue workers continued to search....
23:17, 08/12/2019

Ads Pitching CBD as a Cure-All Are Everywhere. Oversight Hasn’t Kept Up. “Basically nobody” is overseeing the quality of the many cannabidiol products that have proliferated, one researcher said. The F.D.A. says it is doing everything it can....
15:51, 08/13/2019

Switzerland Strives to Be Global Leader in Opening Skies for Drones Switzerland is working on pioneering ways to handle booming drone traffic aimed at allowing unmanned aircraft to quickly operate in much more of the nation’s airspace than approaches being pursued in other countries....
15:00, 08/06/2019

Jordan Pickford saves the day as England beat Switzerland on penalties On the face of it, this should have been cause for celebration. England have finished third at a major finals for the first time since the 1968 European Championships even if, for context, that was a tournament won by Italy who had claimed their semi...
20:51, 06/09/2019

Calls for Switzerland’s Matterhorn to be closed after seventh death this year A South Korean man has become the seventh climber this year to fall to their death on the Matterhorn peak in Switzerland as guides continue to call on officials to close the mountain for being “too dangerous.”...
03:34, 08/08/2019

Portugal v Switzerland: Nations League semi-final – live! Nations League semi-final updates from the 7.45pm BST gameAnd feel free to email Barry or tweet him @bglendenning 7.22pm BST 7.00pm BST There’s a metaphor in here somewhere dept: England fans in Praga da Ribiera have spent the past 15 minutes trying...
20:34, 06/05/2019

Switzerland was sent into scientific exile. No deal could mean the same for Britain | Marja Makarow EU-backed research projects were slashed after the country voted to curb immigration in 2014. The UK should take noteSwitzerland has been touted as a model for the UK, post-Brexit. It is an independent state that determines its own laws, controls its...
16:17, 09/07/2019

Netherlands, Switzerland suspend UNRWA funds amid scandal The Netherlands and Switzerland have suspended funding to the United Nations aid agency for Palestinian refugees days after an ethics report alleged widespread mismanagement and misconduct....
14:00, 08/01/2019

Tighter gun laws approved by voters in Switzerland, a country known for gun traditions The Federal Chancellery said provisional results showed nearly 64 per cent of voters nationwide agreed to align with European Union firearms rules adopted two years ago after deadly attacks in France, Belgium, Germany and Britain....
04:17, 05/20/2019

Fake Police Officials Steal $3.7 Million From Woman In Switzerland Fraudsters posing as police officers stole 3.3 million euros ($3.7 million) from a Swiss woman through an elaborate scam that involved a fake plot implicating the victim's bank, Swiss media reported......
21:17, 06/26/2019

England v Switzerland: Nations League third-place play-off – live! Minute-by-minute updates from the playoff in GuimaraesSouthgate commits to England and rules out taking Chelsea jobSend your emails and thoughts to Rob here 1.46pm BST Here’s Gareth Southgate “We wanted to stimulate the opportunity to get the best po...
14:51, 06/09/2019

Switzerland’s Florijana Ismaili confirmed dead in swimming accident • Ismaili, 24, went missing on Saturday at Lake Como• Fifa president Gianni Infantino pays tribute to playerThe body of Florijana Ismaili was recovered in Lake Como on Tuesday, three days after a the Switzerland football international was involved in...
12:17, 07/03/2019

Cycling: Switzerland coach Hondo sacked after doping confession Switzerland coach Danilo Hondo has been sacked with immediate effect after the German said he was involved in blood doping, the Swiss Cycling federation said in a statement on Sunday....
21:00, 05/12/2019

Switzerland forward Florijana Ismaili missing after swimming accident • BSC Young Boys women’s team captain declared missing• Footballer had been swimming on Lake ComoThe Switzerland forward Florijana Ismaili has been declared missing after a swimming accident on Lake Como in Italy, her club said on Sunday.Ismaili, 24,...
17:51, 06/30/2019

20 life-changing trips worth the price, from Switzerland to Sedona With prices ranging from $730 for a Swiss rail tour to $29,500 for an Antarctic cruise, these trips don't come cheap but the memories are worth it.       ...
02:17, 08/26/2019

Switzerland Extends Support To Strengthen India's Fight Against Terrorism Switzerland on Friday extended its support to India to strengthen its fight against terrorism in all its manifestations as President Ram Nath Kovind held talks with his Swiss counterpart Ueli Maurer......
06:51, 09/14/2019

FTC Wants Facebook Board to Boost Privacy Oversight The Federal Trade Commission is pushing Facebook to accept significant changes to its corporate governance as part of a settlement of user privacy concerns, with reorganization of the company’s board one likely result....
21:17, 05/02/2019

US regulators carve up oversight of Amazon and Google If there weren't already signs that American regulators expect to crack down on tech giants, there are now. Washington Post sources said that the Department of Justice and the Federal Trade Commission have carved out their competitive oversight...
01:51, 06/03/2019

Facebook's FTC punishment could involve 20 years of oversight Facebook and the Federal Trade Commission (FTC) are edging closer to negotiating the tech giant's multibillion dollar penalty for security failures. Reuters reports that the deal "could be a month away" and could put the company under 20 years o...
16:00, 05/14/2019

Facebook’s FTC settlement could include 20 years of oversight Facebook is headed toward an agreement with the U.S. government over its privacy policies and practices that would put it under 20 years of oversight.Read More...
14:17, 05/14/2019

$5 billion Facebook, FTC deal could add more privacy oversight While previous rumors about a possible settlement between Facebook and the FTC over its privacy failings focused on dollar figures and CEO Mark Zuckerberg, Politico reports that it could also create new executive positions. That could mean "appointin...
12:34, 05/02/2019

U.S. inspector general to probe FAA helicopter oversight The U.S. Transportation Department's inspector general said on Tuesday it will probe the Federal Aviation Administration's (FAA) oversight of doors-off helicopter operations after a New York crash in March 2018 that killed five people....
23:17, 07/16/2019

Facebook outlines ideas for oversight board Facebook Inc on Thursday released the findings from its consultations with outside experts into its content review process, providing a glimpse into how its plans for a proposed "external oversight board" might take shape....
15:17, 06/27/2019

Wine festival Fete des Vignerons kicks off in Switzerland with colorful celebration The Fete des Vignerons kicked off in Switzerland on July 18. The festival, which celebrates the world of winemaking, goes for a month.       ...
00:17, 07/20/2019

David McGoldrick earns Ireland vital point with header against Switzerland Better late than never. None of the forwards in the Republic of Ireland’s squad had scored an international goal before this match, and for a long time here that statistic looked unlikely to change. But in the 85th minute of his 11th appearance for h...
05:17, 09/06/2019

Gun control in heavily-armed Switzerland faces May 19 vote, and the Swiss are grumbling In the world’s first referendum of its kind, citizens of this Alpine nation will head to the polls on May 19 to decide on stricter gun control.        ...
15:34, 05/17/2019

Jerome Powell to speak on future interest rate policy in Switzerland Fed Chairman Jerome “Jay” Powell will speak on Friday in Switzerland. Wall Street always hopes that he will tip off future interest rate policy. But it will be more interesting to see whether Powell says anything about Trump’s desire to have the Fed ...
08:34, 09/05/2019

Climber falls to death from Matterhorn in Switzerland; guides say mountain ‘too dangerous’ A South Korean climber fell to his death Tuesday descending the iconic Matterhorn peak in Switzerland as local guides continue to call on officials to close the mountain for being “too dangerous.”...
21:00, 08/07/2019

Why Switzerland is a perfect launchpad for Europe’s first large-scale 5G mobile network Switzerland is a country best known for having a high standard of living, stunning alpine vistas, and a banking industry that defies scrutiny. But from tomorrow, it’ll also be known as the first European country to have a commercially-available 5G sm...
22:51, 04/30/2019

Voters in Switzerland approve stronger gun control laws by nearly two-thirds despite resistance Switzerland's public broadcaster said more than 63% of voters nationwide agreed to align with European Union firearms rules adopted two years ago.        ...
18:34, 05/19/2019

Euro 2020: Republic of Ireland 1-1 Switzerland, Romania 1-2 Spain – as it happened Ten-man Spain clung on to beat Romania while the Republic of Ireland drew with Switzerland and Bosnia and Denmark went goal crazy 10.16pm BST And with that, I shall take my leave. It’s been a goal-blessed evening, especially for Scandinavians. Thanks...
05:17, 09/06/2019

Euro 2020: Republic of Ireland v Switzerland, Romania v Spain – live! Updates from Thursday’s Euro 2020 qualifiersLive scoreboard: all the latest scores and scorersInternational football: 10 things to look out forAnd you can email Simon here or tweet him here 9.50pm BST Northern Ireland completed their friendly win ov...
23:00, 09/05/2019

President Ram Nath Kovind Unveils Mahatma Gandhi's Bust In Switzerland President Ram Nath Kovind today unveiled the bust of Mahatma Gandhi, marking the 150th anniversary of the Father of the Nation and hoped that his legacy will inspire the mankind to tackle climate......
17:51, 09/14/2019

Facebook oversight board won’t have mandate to change policy Facebook Inc will allow a new outside oversight board to make final decisions on whether individual pieces of content can be displayed on the social media site, but the group won't be able to make policy changes, the company said on Tuesday....
05:52, 09/18/2019

FTC fines Facebook $5B, adds oversight for privacy mishaps WASHINGTON (AP) — Federal regulators are fining Facebook $5 billion for privacy violations and instituting new oversight and restrictions on its business. But they are only holding CEO Mark Zuckerberg personally responsible in a limited fashion. The ...
16:34, 07/24/2019

Congressional Veterans Pitch In to Rebuild Oversight Muscle Years of budget cuts and a stream of departures have left Congress lacking in expertise and experience to challenge a recalcitrant Trump White House....
19:17, 06/22/2019

Why Democrats’ oversight machine is moving so slowly against Trump House Democrats have kicked and screamed about the White House’s refusal to allow key Trump officials to come before Congress. But they haven’t done the one thing they can do to force the issue: Go to court.Democrats have handed out procedural slaps ...
14:34, 07/17/2019

Facebook Oversight Board Won't Have Mandate to Change Policy Facebook will allow a new outside oversight board to make final decisions on whether individual pieces of content can be displayed on the social media site....
02:52, 09/19/2019

Facebook may implement privacy oversight committee in FTC deal Facebook may soon have a federally approved privacy official and an “independent” privacy oversight committee to deal with the company’s handling of user info, according to a report....
13:17, 05/02/2019

House Oversight threatens to subpoena Kellyanne Conway The House Oversight and Reform Committee will vote to authorize a subpoena for White House counselor Kellyanne Conway on Wednesday if she does not show up for the panel’s hearing on her alleged violations of the Hatch Act, according to a memo sent to...
22:51, 06/23/2019

Google, Facebook potential subjects of fed probes, oversight…again Google and Facebook are in the crosshairs of potential US antitrust probes that could disrupt their businesses or even break them apart — but it’s not the first time they have faced heat from the feds. Silicon Valley-based Google dodged the threat of...
06:00, 06/05/2019

Facebook settlement with U.S. may include privacy oversight -Politico Facebook Inc and the Federal Trade Commission (FTC) are negotiating a possible settlement that would require the company to create an independent privacy oversight committee and take other steps to safeguard users, Politico reported on Wednesday, cit...
07:34, 05/02/2019

Facebook settlement with U.S. may include privacy oversight: Politico Facebook Inc and the Federal Trade Commission (FTC) are negotiating a possible settlement that would require the company to create an independent privacy oversight committee and take other steps to safeguard users, Politico reported on Wednesday, cit...
04:34, 05/02/2019

House oversight panel backs subpoena for Conway The House Oversight Committee on Wednesday approved a subpoena to force White House counselor Kellyanne Conway to appear before the panel as it looks into allegations that she repeatedly violated the Hatch Act. (June 26)     ...
01:34, 06/27/2019

US official: Bad spending oversight hampers Afghan troops KABUL, Afghanistan (AP) — A U.S. watchdog says lack of coordinated oversight of America’s spending in Afghanistan has led to a waste of funds and hampered training and development of the country’s security forces. Washington’s Speci...
10:34, 06/21/2019

Facebook Board to Tighten Oversight, as Zuckerberg Keeps Control Facebook Inc.’s historic settlement with the Federal Trade Commission keeps CEO Mark Zuckerberg’s power largely intact, even as it calls for the board to tighten the reins on the company’s privacy practices....
19:00, 07/24/2019

The Roots of Boeing’s 737 Max Crisis: A Regulator Relaxes Its Oversight A Times investigation found that the F.A.A. regulatory process, which gave Boeing significant oversight authority, compromised the safety of the plane....
18:51, 07/27/2019

| Switzerland turns to courts after Nigeria drops anchor over detained oil-tanker it seized Switzerland has asked an international court to order Nigeria to release a Swiss-flagged oil tanker, its cargo and crew, that have been detained off Port Harcourt for the past 16 months....
06:51, 06/03/2019

Rare Stone Steles With Unknown Figures Found At Neolithic Site in Switzerland A remarkable series of standing stones have been found near one of the most important Neolithic sites in Switzerland, and indeed in the entire Alpine region of Europe. ...
09:00, 08/02/2019

Puerto Rico oversight board gets 60-day court extension for reappointments A U.S. Appeals Court on Monday gave Puerto Rico's federally created financial oversight board another 60 days to allow for the constitutional reappointment of its members by President Donald Trump and the Senate....
11:34, 05/07/2019

Puerto Rico oversight board to take local governments under its wing Puerto Rico's financial oversight board on Thursday unexpectedly added the island's towns and cities to its mandate, a move that it said was aimed at trying to help them avoid insolvency....
04:17, 05/10/2019

House Oversight panel authorizes subpoena for Kellyanne Conway The House Oversight and Reform Committee voted on Wednesday to authorize a subpoena for White House counselor Kellyanne Conway after she failed to appear at a hearing centering on her alleged violations of the Hatch Act. The White House blocked Conw...
02:00, 06/27/2019

Democrats call for oversight after Trump's Iran airstrikes reversal Warren accused Trump of instigating ‘another unnecessary conflict’ while Biden called it a ‘self-inflicted disaster’Follow the latest in US politics – liveSenior US Democrats led the outcry on Friday against Donald Trump’s dramatic almost-launch of m...
00:00, 06/22/2019

European central bankers claim oversight over Facebook’s cryptocurrency Three European central bankers are claiming oversight over Facebook's planned virtual currency to ensure it will not jeopardize the financial system or be used to launder money....
14:00, 06/21/2019

Justin Amash expected to lose Oversight Committee seat Newly independent Rep. Justin Amash is expected to be kicked out of the GOP conference and lose his committee assignment this week, according to multiple Republican sources familiar with the matter. The House GOP will likely move this week to formall...
22:51, 07/08/2019

Family’s lawyer faults Buttigieg on police officer oversight INDIANAPOLIS (AP) — A lawyer for the family of a black man fatally shot by a white police officer says Democratic presidential candidate Pete Buttigieg’s (BOO’-tuh-juhj) mayoral administration hasn’t been aggressive enough in overse...
21:51, 06/21/2019

Boeing aims to strengthen engineering oversight after panel review Boeing Co needs to reorganize its engineering reporting lines company-wide and ensure higher ranking officials, including its CEO, get faster feedback about potential safety concerns from lower levels of the company, according to an internal review a...
14:51, 08/30/2019

Former Top Financial Regulators Warn Against Move to Ease Oversight of Firms Ben S. Bernanke, Timothy F. Geithner, Jacob J. Lew and Janet L. Yellen said the Trump administration’s push to relax some controls could harm the American financial system’s stability....
18:17, 05/13/2019

Phoenix joins US cities eyeing civilian oversight for police PHOENIX (AP) — Dozens of people, mostly African Americans, huddled around tables scattered across a church gymnasium on a recent evening, discussing past run-ins with Phoenix police officers and ways to hold them accountable. In a city still stinging...
03:00, 08/18/2019

Why human oversight will be essential to the next generation of automated data anaytics We’ve all read the news and heard the scaremongering stories around potential flaws and biases in Artificial Intelligence (AI) systems. Despite the scepticism, businesses are undoubtedly using the technology to streamline work processes, autom...
10:51, 05/30/2019

Facebook reportedly invites federal oversight of its privacy practices During Facebook's F8 keynote this week, the company repeatedly hammered one idea: the future is private. While its privacy-focus might be flawed, it looks like Facebook is putting its money where its mouth is. According to The Washington Post, t...
19:34, 05/03/2019

GOP Oversight report finds ‘no evidence’ Interior’s Bernhardt hid meetings Charges that Interior Secretary David Bernhardt violated ethics rules by holding secret meetings with former oil industry pals were “disproved” by House Republican oversight leaders in a report aimed at challenging an expected critical Democratic ver...
08:51, 08/24/2019

JUUL answers safety questions before House oversight committee (NBC NEWS)Juul Co-Founder James Monsees appeared before a House oversight subcommittee today in Washington, D.C. Mr. Monsees told committee members Juul was developed for adult smokers who want to quit smoking traditional cigarettes. He stressed th...
14:17, 07/27/2019

Acting CBP chief open to congressional oversight for immigration policy ​WASHINGTON — The head of Customs and Border Protection said Sunday he’d welcome more congressional oversight of the zero tolerance border polices, including Rep. Alexandria Ocasio-Cortez’s calls for a 9/11 style commission. “Whatever ​C​ongress want...
01:00, 07/22/2019

The House committee quietly racking up oversight wins against Trump House Democrats are largely pursuing flashy, partisan, made-for-TV investigations targeting President Donald Trump, but one panel is taking a different approach — and getting results. The House Foreign Affairs Committee is quietly amassing documents ...
21:51, 06/17/2019

Facebook Fined $5 Billion and Ordered to Add Oversight of Data Practices The F.T.C. placed new conditions on Facebook for privacy violations, but did not restrict the social network’s ability to gather and use people’s personal information....
15:34, 07/24/2019

Facebook Agrees to Extensive New Oversight as Part of $5 Billion Settlement The F.T.C. placed new conditions on Facebook for privacy violations, but did not restrict the social network’s ability to gather and use people’s personal information....
17:51, 07/27/2019

FAA Reportedly Delegated Oversight of Critical 737 Max Flight System to Boeing A New York Times investigation into the Boeing 737 Max crisis—involving two crashes that killed a cumulative 346 people and the continued grounding of the entire line from global service—has found troubling signs that the Federal Aviation Administrat...
03:17, 07/28/2019

Facebook could get new privacy oversight and record-breaking fine in FTC deal Facebook is looking at the possibility of new privacy oversight and a massive fine as part of a deal with the Federal Trade Commission, according to several recent reports. ...
22:51, 05/02/2019

UPDATE 1-Facebook settlement with U.S. may include privacy oversight - Politico Facebook Inc and the Federal Trade Commission (FTC) are negotiating a possible settlement that would require the company to create an independent privacy oversight committee and take other steps to safeguard users, Politico reported on Wednesday, cit...
07:34, 05/02/2019

Dems accuse DOJ of trying to hobble Congress’ oversight to protect Trump The Justice Department is ignoring centuries of presidential investigations in an attempt to dramatically curtail Congress’ power to probe President Donald Trump, House Democrats argued Tuesday.In a new court filing, House lawyers said the Justice De...
23:17, 08/20/2019

White House says will reappoint Puerto Rico oversight board The White House said on Monday it will ask the U.S. Senate to confirm the current members of Puerto Rico's federally created financial oversight board after creditors of the bankrupt island successfully challenged the appointments on constitutional g...
07:51, 04/30/2019

Oversight committee OKs subpoena on White House use of private email The House Committee on Oversight and Reform on Thursday authorized a subpoena of records in the panel's investigation into the White House's alleged use of private email for government business....
20:17, 07/25/2019

Portugal 3-1 Switzerland: Cristiano Ronaldo hat-trick seals Nations League Final spot Cristiano Ronaldo sent a reminder of his sporting brilliance just as his country was turning its focus elsewhere, firing a spectacular hat-trick to send Portugal to the first ever Nations League final....
22:51, 06/05/2019

‘Technology Needs to Be Regulated.’ Apple CEO Tim Cook Says No Oversight Has Led To Great Damage To Society Apple CEO Tim Cook has called for more government regulation on the technology industry in order to protect privacy in an interview at the TIME 100 Summit in New York. “We all have to be intellectually honest, and we have to admit that what we&...
19:00, 04/28/2019

U.S. lawmakers push U.S.-listed Chinese firms to comply with financial oversight A bipartisan group of U.S. lawmakers introduced a bill on Wednesday to force Chinese companies listed on American stock exchanges to submit to regulatory oversight, including providing access to audits and other steps now restricted by Chinese law....
06:51, 06/06/2019

House Oversight chairman demands private emails from Trump officials A top House Democrat demanded Monday that the White House turn over all communications sent by senior officials using private email and messaging services — including encrypted apps — by next week, citing a blanket refusal by the Trump administration...
21:34, 07/01/2019

Judge Approves Deal Spelling Out Oversight of Elon Musk's Tweets A federal judge approved a new deal clarifying how Tesla must oversee Elon Musk’s use of Twitter, an outcome that erases the risk its chief executive would be punished for violating the original agreement....
04:17, 05/01/2019

Puerto Rico oversight board reaches deal over retiree pensions Puerto Rico's federally created financial oversight board said on Wednesday it reached a deal to restructure more than $50 billion in unfunded pension liabilities that includes cuts for some of the bankrupt U.S. commonwealth's retired government work...
06:17, 06/13/2019

Dems fear report on Russia probe could kill their oversight momentum Democrats lurching toward potential impeachment and ramping up their probes of President Donald Trump are becoming increasingly worried that the Justice Department will subvert their efforts. An internal DOJ watchdog report on the origins of the Rus...
17:00, 06/06/2019

Nissan considers giving Renault some seats on oversight committees - source Nissan Motor Co is considering giving its alliance partner Renault SA some seats on planned oversight committees after the French automaker expressed discontent with the envisioned governance reform, a source said....
12:00, 06/15/2019

Brazil lawmakers vote to strip financial oversight from justice minister Brazilian lawmakers dealt a blow to the country's graft-busting Justice Minister Sergio Moro on Thursday, when a congressional committee voted to transfer a key tool for monitoring financial transactions to the recently formed Economy Ministry....
01:34, 05/10/2019

Nissan considers giving Renault some seats on oversight committees: Kyodo Nissan Motor Co is considering giving its alliance partner Renault SA some seats on planned oversight committees after the French automaker expressed discontent with the envisioned governance reform, Kyodo news reported on Friday, citing people close...
08:51, 06/15/2019

Nissan considers giving Renault some seats on oversight committees, report says Nissan is considering giving its alliance partner Renault some seats on planned oversight committees after Renault expressed discontent with the envisioned governance reform, a source said....
00:34, 06/16/2019

House Oversight probing whether Chao improperly helped her family's company The House Oversight Committee is investigating Transportation Secretary Elaine Chao’s potential use of her official position to benefit her family’s shipping company.The committee sent Chao a letter today asking her for all communications since Presi...
21:17, 09/16/2019

House Oversight postpones subpoena vote after Commerce agrees to interviews The House Oversight Committee on Wednesday announced it would postpone voting on subpoenaing the Commerce Department after the agency agreed to allow several current and former officials to be interviewed about adding a citizenship question to the 20...
20:17, 06/05/2019

Private schools angry over state proposal to give city more oversight New York’s elite private-school community is “furious” over a state proposal to give the city Department of Education oversight of their kids’ curricula — and they’re fighting back, insiders told The Post. The blanket Albany proposal is primarily int...
04:51, 07/12/2019

Representative Justin Amash, Newly Independent, Resigns From Oversight Committee After leaving the Republican Party, Mr. Amash withdrew from the committee, most likely pre-empting his removal but depriving Democrats on the panel of their only bipartisan ally....
02:00, 07/09/2019

U.S. top court takes on Puerto Rico financial oversight board dispute The U.S. Supreme Court on Thursday agreed to decide whether members of Puerto Rico's federally created financial oversight board were lawfully appointed in a dispute that could disrupt the panel's restructuring of about $120 billion of the bankrupt U...
01:34, 06/21/2019

State Education Department moves to boost oversight of private schools The state Education Department proposed revised rules Friday to boost its oversight of private and religious schools. The regulations would require the nonpublic schools to provide “substantially equivalent instruction” to what’s offered at public sc...
05:00, 06/01/2019

Elon Musk Reaches Deal With the SEC Requiring Tougher Oversight of His Bad Tweets Elon Musk has reached a deal with the Securities and Exchange Commission following a dispute over his bad tweets and what he can—or more specifically, can’t—share on the platform after he was accused of violating the terms of an earlier agreement. It...
18:51, 04/28/2019

CFP Board vows stepped up oversight of financial advisors after complaints of lax review Shopping for an advisor? The Certified Financial Planner Board of Standards is changing its processes to help curtail financial advisors with bad track records....
23:00, 07/30/2019

Organizers of North American Indigenous Games admit to artistic oversight Organizers have issued a statement saying the oversight involving Melissa Labrador happened amid the "excitement" of revealing the official brand for the event last Wednesday....
20:34, 06/10/2019

State hit with 140K public comments on bid to boost private school oversight State education officials have been bombarded with more than 140,000 public comments opposing a plan that would boost governmental control over private and religious schools, The Post has learned. Arguing that more oversight would ensure that all sch...
00:51, 09/12/2019

Bank of America names Pauli equity capital markets head in Germany, Austria, Switzerland Bank of America has named Thorsten Pauli as its new head of equity capital markets in Germany, Austria and Switzerland, the lender said in a statement on Friday....
17:00, 07/12/2019

Portugal 3-1 Switzerland: 'Genius' Cristiano Ronaldo hat-trick seals Nations League final place Manager Fernando Santos calls hat-trick hero Cristiano Ronaldo "a genius" as Portugal reach the Nations League final with victory over Switzerland in Porto....
10:17, 06/06/2019

Dems seize on Hope Hicks testimony to break Trump's oversight blockade Hope Hicks’ name appears 184 times in special counsel Robert Mueller’s blockbuster report, in which the longtime confidante of President Donald Trump delivers a painstakingly detailed account of efforts by Trump to thwart the investigation of his cam...
13:00, 06/19/2019

Pricey 2020 Range Rover Evoque SUV nails the look and feel, but has maddening oversight The 2020 Range Rover Evoque SUV is a masterclass in the meaning and value of a strong brand. People will happily pay a premium from the luxury SUV.       ...
21:34, 08/08/2019

House Oversight plans vote to hold Kellyanne Conway in contempt unless she testifies The chairman of the House Oversight Committee on Monday said the panel will vote to hold White House counselor Kellyanne Conway in contempt of Congress later this month unless she agrees to appear to testify in a hearing....
15:34, 07/16/2019

Facebook has told federal investigators it’s open to heightened oversight of its privacy practices Scrutiny of Facebook’s data-collection practices could end a wide-ranging federal probe into a series of privacy abuses that came to light last year....
19:00, 05/03/2019

House Oversight Committee Investigating Transportation Secretary Ellen Chao for Possible Conflicts WASHINGTON — The House Oversight Committee said Monday it is investigating whether Transportation Secretary Elaine Chao acted improperly to benefit herself or her family’s shipping company. Two Democratic leaders sent Chao a letter asking...
06:51, 09/17/2019

Puerto Rico oversight board enters agreement to address debt claims Puerto Rico’s federally created financial oversight board said on Sunday it has entered into an agreement with bondholders to provide "a framework for a plan of adjustment" to address $35 billion of claims against the bankrupt U.S. territory....
05:51, 06/17/2019

Family Members of Boeing 737 Max Crash Victims Tell Congress to Strengthen FAA Safety Oversight Two men who lost family members in the crash of an Ethiopian Airlines Boeing 737 Max jet called on legislators to change Federal Aviation Administration procedures that let company employees perform safety inspections on aircraft as they’re bei...
20:51, 07/17/2019

House Oversight Committee to vote on possible Kellyanne Conway subpoena over Hatch Act controversy The House Oversight Committee plans to vote Wednesday whether or not subpoena White House counselor Kellyanne Conway following a government watchdog’s finding that she violated the Hatch Act.  ...
01:00, 06/24/2019

Uefa Nations League Finals LIVE: Switzerland vs England and Portugal vs Netherlands build-up and team news England will look to end their Uefa Nations League campaign on a positive note when they take on Swizerland in their third place play-off this afternoon....
11:51, 06/09/2019

Wednesday’s Daily Brief: Switzerland leads on innovation, UNICEF ‘lifelines’ for Yemen, Ebola latest, Liberia peacekeepers Our main stories today: the latest Global Innovation Index ranks Switzerland the world’s most innovative country, the head of the UN Mission in DRC warns of a ‘deadly environment’ for health workers, UNICEF delivers cash for 9 million vulnerable Yeme...
00:34, 07/25/2019

FDA defends oversight amid questions of safety of generic drugs made in India and China The FDA defends its track records of inspections of overseas drug factories as a new book raises question about the safety of generic drugs        ...
07:51, 05/18/2019

House oversight panel asks Alex Acosta to testify on Jeffrey Epstein plea The House oversight committee asked Labor Secretary Alex Acosta to testify about his involvement in negotiating a deal that put billionaire Jeffrey Epstein in jail for 13 months for sex crimes....
02:00, 07/11/2019

Executive director of Puerto Rico's Oversight Board defends proposed restructuring deal The executive director of Puerto Rico's Oversight Board is standing by the restructuring agreement with a portion of bondholders to address $35 billion of Puerto Rico's debt....
23:51, 06/17/2019

Oversight panel demands White House official testify on Trump-Putin docs The House Oversight and Reform Committee is demanding that the White House’s records chief testify about President Donald Trump’s alleged efforts to conceal documents detailing his private conversations with Russian President Vladimir Putin. In a let...
21:17, 06/24/2019

Puerto Rico's oversight board strikes $35 billion restructuring deal with commonwealth's bondholders The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general obligation or "GO" bonds, and a 27% haircut on public authority bonds that carry a...
06:00, 06/17/2019

House Oversight Committee seeks documents related to secret CBP Facebook groups that ridiculed migrants The move suggests that the panel’s chairman, Rep. Elijah E. Cummings, is not backing down from his investigations despite the president’s recent attacks on the Md. Democrat and his district....
03:00, 08/01/2019

House Oversight Committee to vote on whether to force Kellyanne Conway to testify over alleged Hatch Act violations Jim Young/Reuters White House counselor Kellyanne Conway may be forced to testify before the House Oversight Committee if she doesn't attend a hearing this week concerning her Hatch Act violations. The Hatch Act prohibits employees in the executive...
03:17, 06/24/2019

Treasury Secretary Mnuchin denies request for Trump’s tax returns, rebuffing oversight priority of Democrats WASHINGTON (AP) — Treasury Secretary Mnuchin denies request for Trump’s tax returns, rebuffing oversight priority of Democrats....
00:17, 05/07/2019

House oversight holds William Barr, Wilbur Ross in contempt for defying subpoena over census The House oversight committee voted to hold Attorney General William Barr and Commerce Secretary Wilbur Ross in contempt of Congress for defying a subpoena regarding the inclusion of a citizenship question on the 2020 ce...
03:17, 06/13/2019

Thursday’s Daily Brief: Harrowing terrorist survivors’ stories, children first in Mediterranean rescues, Yemen and Switzerland updates, new SDG Advocates speak out Our main stories today: Boko Haram terrorist survivors tell their stories; UNICEF speaks out for children adrift on the Mediterranean; UN health agency pushes to stem dengue fever in Yemen; Switzerland declines sponsorship deal with tobacco firm; new...
21:51, 08/15/2019

House Oversight Committee Votes to Hold Attorney General Barr and Commerce Secretary Ross in Contempt (WASHINGTON) — A House committee has voted to hold two top Trump administration officials in contempt of Congress for failing to comply with subpoenas for documents related to the decision to add a citizenship question to the 2020 census. The D...
01:00, 06/13/2019

House Oversight Committee Launches Investigation Into Trump Decision to Bring Back Federal Death Penalty On Wednesday afternoon, the House Oversight and Reform committee launched an investigation into the Department of Justice’s recent decision to resume executions of inmates on federal death row. The decision, announced by Attorney General William Barr...
07:17, 08/15/2019

Democrat-led House OKs $4.5 billion bill aiding migrants at southern border, tightening oversight of detained children WASHINGTON (AP) — Democrat-led House OKs $4.5 billion bill aiding migrants at southern border, tightening oversight of detained children....
04:00, 06/26/2019

Representatives from JUUL, the electronic cigarette company, answered questions from the House Oversight Committee about the safety of its products, especially regarding youth use (NBC NEWS)Juul Co-Founder James Monsees appeared before a house oversight subcommittee today in Washington, D.C. Mr. Monsees told committee members Juul was developed for adult smokers who want to quit smoking traditional cigarettes. He stressed the ...
07:51, 07/26/2019

Winemakers festival, named 'Fete des Vignerons,' kicks off in Switzerland The 'Fete des Vignerons,' kicked off in Switzerland on July 18. The festival, which celebrates the world of winemaking, goes for a month.       ...
20:34, 07/19/2019

CBOE Hosts 4th Annual CBOE RMC Europe in Geneva, Switzerland -- September 28-30, 2015 CHICAGO, IL – May 5, 2015 – The Chicago Board Options Exchange (CBOE) and CBOE Futures Exchange (CFE) will host the 4th Annual CBOE Risk Management Conference (RMC) Europe, from September 28 through September 30, 2015, at the InterContinental Hotel i...
23:00, 05/01/2019

What is Libra? All you need to know about Facebook's new cryptocurrency Facebook claims it wants to reach people without access to a bank account, and that Libra is the best wayOn Tuesday, Facebook announced a digital currency called Libra that will roll out for use in 2020 and allow the platform’s billions of users acro...
11:51, 06/18/2019

Facebook's Libra Could Aid Law Enforcement Facebook executive David Marcus told Congress this month that the proposed cryptocurrency could be a valuable tool, partly because of the vast amounts of information that will be generated about its users....
13:00, 07/30/2019

Facebook's Libra Needs Scrutiny, BOE's Carney Says Facebook’s Libra project should be carefully vetted by regulators, Bank of England Gov. Mark Carney is expected to say Thursday, offering an early insight into how the U.K. central bank will approach the new cryptocurrency....
06:34, 06/21/2019

US Treasury has 'serious concerns' Libra could be used for terrorism The US government views cryptocurrencies, including Facebook-backed Libra, as a national security issue. In a press conference today, Treasury Secretary Steven Mnuchin said the Treasury Department has "very serious concerns" that Libra could be misus...
23:34, 07/15/2019

UK MP on Libra: Facebook’s almost trying to turn itself into its own country Facebook‘s ‘cryptocurrency‘ Libra is ruffling feathers among UK politicians amid concerns that the technology giant’s entry into the world of finance would give it too much power. Similarly to their US counterparts, which questioned Facebook‘s blockc...
16:34, 07/22/2019

SEC Weighs Whether to Regulate Facebook's Libra U.S. securities regulators are examining whether Facebook Inc.’s planned cryptocurrency should fall under their oversight, a development that could further complicate the project....
15:34, 07/13/2019

Facebook's Libra Could Aid Law Enforcement, Company Says Facebook executive David Marcus told Congress this month that the proposed cryptocurrency could be a valuable tool, partly because of the vast amounts of information that will be generated about its users....
16:00, 07/30/2019

Facebook's Libra will be disruptive, says ECB's Coeure Digital currencies such as Facebook's Libra will disrupt the financial system, either by forcing central banks to innovate or by grabbing a global role that could challenge the dominance of the dollar, ECB board member Benoit Coeure said on Tuesday....
05:52, 09/18/2019

France: we can't allow Facebook's Libra in Europe Facebook's Libra cryptocurrency cannot be allowed to operate in Europe while concerns persist about sovereignty, systemic financial risks and the risk of abuses by a dominant market player, France's finance minister said on Thursday....
15:51, 09/12/2019

Want to make $10,000 from Libra? Break its blockchain The supposedly independent group of companies tasked with overseeing the delivery of Facebook‘s “cryptocurrency” Libra has announced a public bug bounty. In a blog post yesterday, the Libra association disclosed that its offering up to $10,000 to sec...
16:51, 08/28/2019

Facebook's New Libra Coin: How Does It Work, and Should You Buy It? On Tuesday Facebook announced Libra, a cryptocurrency that it will launch (along with 27 other partners) in 2020. A little like Bitcoin and a little like PayPal, Libra will be a new digital currency, one available to people without bank accounts or c...
16:17, 06/19/2019

Facebook’s ‘cryptocurrency’ Libra has nothing to do with Bitcoin Facebook's Libra is not a cryptocurrency and won't offer the kinds of protections that Bitcoin does. It's a way for Facebook to track what you buy.Read More...
03:17, 07/05/2019

Facebook reveals new Libra cryptocurrency Facebook has finally taken the wraps off its long-awaited cryptocurrency.The social media giant has revealed that it will be launching the new Libra cryptocurrency as part of its blockchain-powered Calibra digital wallet, coming to Messenger and What...
18:17, 06/18/2019

Facebook Libra scams already on the rise Ahead of the launch of Facebook Libra, a new investigation by The Washington Post has discovered a dozen accounts, pages and groups on both Facebook and Instagram that claim to be official hubs of the social networking giant's new cryptocurrency...
21:00, 07/23/2019

Facebook's New Cryptocurrency, Libra, Gets Big Backers Facebook has signed up more than a dozen companies including Visa, Mastercard, PayPal and Uber to back the new cryptocurrency that the social-media giant plans to unveil next week....
03:51, 06/14/2019

Why (Almost) Everybody Hates Facebook’s Cryptocurrency Libra Facebook Inc. says its mission is to “bring the world closer together.” Its plans to launch a digital currency called Libra have succeeded in uniting central bankers and financial regulators from around the globe, along with U.S. President Donald Tru...
09:17, 07/16/2019

U.S. SEC chief says he has not discussed Libra with Facebook A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project....
21:00, 07/16/2019

U.S. SEC chief says he has not met with Facebook since Libra announcement A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project....
22:00, 07/16/2019

Facebook set for grilling on Libra cryptocurrency Facebook is set to face further scrutiny on its ambitions to launch a cryptocurrency after "very serious concerns" were raised by senior US government members.The company is set to be questioned by the US Senate Banking Committee over its Libra crypt...
05:17, 07/17/2019

Democrats Respond to Mueller Statement by Calling for Impeachment, but Also Not Impeachment, but Also More Investigations, but Also Oversight, but Also All of the Above Should Donald Trump be impeached? That’s a good question, and one that every Democrat running for president in 2020 and many other party leaders have been asked for months. The answer is yes, but for the Democrats that point of view is far from unani...
09:00, 05/30/2019

Forever 21 sent Atkins diet bars with plus-sized orders, calls it 'oversight' Forever 21 is under fire for sending free Atkins diet bars with plus-size orders. Company says it was an oversight and the samples have been removed.       ...
06:34, 07/24/2019

White House blocks Conway from House oversight hearing WASHINGTON (AP) — The White House said Monday it will not allow presidential counselor Kellyanne Conway to appear before a House committee looking into allegations that she repeatedly violated a federal law that limits political activity by governmen...
06:51, 06/25/2019

Hard to Read Facebook's Libra Fortune Facebook’s cryptocurrency unveiling was widely anticipated, but bets on Libra catching on and generating meaningful revenue remain highly speculative....
20:17, 06/18/2019

Investors Bet That Visa, Mastercard Can Stand Up to Libra Investors are betting that Facebook’s efforts to create a blockchain-based payments system won’t threaten credit-card companies’ winning streak—at least for now....
22:34, 06/18/2019

Facebook to launch Libra cryptocurrency next year Social media giant Facebook on Tuesday officially announced it will launch its own cryptocurrency, in a move some analysts believe could bring others like bitcoin more in the mainstream....
22:34, 06/18/2019

Facebook's Cryptocurrency "Libra" Will Be Launched In 2020 Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments....
15:00, 06/18/2019

Facebook takes aim at e-commerce with Libra cryptocurrency Facebook plans to launch a cryptocurrency called Libra next year as part of its wider efforts to expand beyond social networking into e-commerce and global payments....
16:51, 06/18/2019

Libra Association launches bug bounty program The Libra Association has announced a bug bounty program with up to $10,000 in rewards for identifying security flaws in the blockchain's testnet code.Read More...
20:17, 08/27/2019

Facebook to Hire Banking Expert to Run 'Libra' David Marcus, Facebook's vice president of messaging products and a key figure behind 'Libra' digital currency project, made the statement in an interview....
16:51, 06/29/2019

Libra cryptocurrency will increase financial inclusion The Libra Association, created in part by Facebook to launch a digital currency, is not in tension with regulatory oversight, writes Dante Disparte.       ...
01:17, 07/04/2019

How Facebook's Libra could lead you to clean out your wallet Facebook's upcoming cryptocurrency Libra has some experts concerned about security issues. A possible bigger problem: out-of-control spending by consumers....
21:00, 07/05/2019

SNB director says 'relaxed' about Facebook’s Libra project The Swiss National Bank's Thomas Moser, an alternate member of the governing board, said on Tuesday at an event in Switzerland that he is "relaxed" about Facebook Inc's Libra project, adding the company's white paper looked professionally done and it...
12:51, 06/25/2019

India isn’t keen on Facebook’s Libra ‘cryptocurrency’ Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it. “Design of ...
14:51, 07/08/2019

Facebook’s ‘cryptocurrency’ Libra may be in more trouble than we thought Facebook‘s ‘cryptocurrency’ Libra may be in even deeper trouble than we thought if a recent report is anything to go by. According to the Financial Times, it seems that some of Facebook‘s early backers have been spooked by increasing regulatory scrut...
13:51, 08/23/2019

Facebook's Libra is a License to Print Money A bunch of big companies have agreed to pony up $10 million each to take part, and it is easy to see why: On some reasonable-sounding assumptions about its take-up, it could be insanely profitable in real money, too....
11:51, 06/23/2019

Facebook's Libra Bets It Can Bank the Unbanked Facebook has an ambitious goal for its proposed cryptocurrency, Libra: to bring financial services to the hundreds of millions of people world-wide who don’t use banks or other traditional institutions. The cryptocurrency sector has for years tried t...
19:51, 08/22/2019

Facebook's Libra coin likely to run a regulatory gauntlet Facebook Inc will face unprecedented regulatory scrutiny over a new digital currency that the social media company hopes will become globally recognized legal tender within a year....
00:34, 06/29/2019

Facebook won't make Libra available until regulators are happy Facebook is determined to reassure officials that its Libra cryptocurrency is above-board. As part of prepared testimony for a July 16th Senate hearing, Calibra head David Marcus has stressed that the social network won't offer the virtual mone...
19:51, 07/15/2019

IMF says regulators must address possible risks from Facebook's Libra Facebook Inc's planned cryptocurrency Libra could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential "backdoor dollarization," the IMF's chief economist said on Wednesday....
18:00, 07/17/2019

Facebook needs to drop Libra and buy Square, Jim Cramer says "It's clearly doing more harm than good," the "Mad Money" host says. Instead Facebook should buy Square for $70 billion and expand the payments network worldwide....
02:17, 07/18/2019

Facebook to face more scrutiny from Congress on Libra Facebook Inc will face more questioning on Wednesday by U.S. lawmakers over its planned cryptocurrency after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted....
13:17, 07/17/2019

Fed's Powell Says Facebook's Libra Raises 'Serious Concerns' Federal Reserve Chairman Jerome Powell and legislators in both parties expressed broad concern about Facebook’s plan to create a cryptocurrency-based payment network....
08:17, 07/12/2019

Steer Clear of Libra Cryptocurrency Scams Libra hasn’t even officially debuted on Facebook yet, but the highly anticipated cryptocurrency has already gotten a ton of interests—from scammers. In fact, it’s hard to tell who is more interested in Libra at this point: those looking to make a qui...
23:17, 07/23/2019

France says G7 focused on containing risks of Facebook's Libra Group of Seven finance ministers meeting in France this week will make it one of their priorities to contain the risks posed by new currencies such as Facebook's Libra, the meeting's host, Finance Minister Bruno Le Maire, said....
12:34, 07/17/2019

Facebook Says Central Banks Have Nothing to Fear From Libra Facebook is once again defending Libra -- this time against fears that the envisioned cryptocurrency could replace sovereign currencies from the US dollar to the Euro and threaten central banks'......
02:52, 09/19/2019

EU regulators to set high bar to authorise Libra, ECB's Coeure says European Union regulators will set a high bar on regulatory approvals for virtual currency projects in Europe, including Facebook's Libra, European Central Bank board member Benoit Coeure said on Friday....
22:34, 09/13/2019

Donald Trump is 'not a fan' of cryptocurrency, Facebook Libra Just hours after a "social media summit," the president's Twitter account posted a thread aimed at, of all things, cryptocurrency. After starting off by claiming he's "not a fan of Bitcoin and other Cryptocurrencies, which are not money, an...
10:17, 07/12/2019

Facebook's real goal with Libra is to become even more of a utility David Marcus, the head of Facebook's digital currency project, said the company expects Libra will drive more advertising revenue for the company....
21:51, 07/15/2019

G7 nations to act against Facebook's 'Libra' cryptocurrency plan Facebook's plan to introduce its own cryptocurrency has come under sharp criticism from many countries. The social media giant announced in June that it would roll out a new digital currency, called Libra, from 2020....
21:34, 07/17/2019

Regulators to question Facebook over new Libra cryptocurrency BoE among 26 global banks due to meet with Libra amid fears over risk to state sovereigntyGlobal regulators will question Facebook on Monday about its Libra cryptocurrency amid concerns from EU governments over the threat the digital currency poses t...
15:34, 09/15/2019

The best way to make money out of Libra? Put a bet on it not launching on time Facebook’s digital currency Libra is looking less and less likely to launch next year as originally planned. Policy expert, Angela Walch from University College London’s Centre for Blockchain Technologies told Quartz: “The odds that Libra receives re...
15:17, 07/25/2019

Stablecoins like Libra must be held to highest standards: G7 Stablecoins like Facebook's Libra can foster financial inclusion but they must be held "to the highest regulatory standards" to ensure that they aren't used to launder money and that users are protected, a Group of Seven taskforce on the issue conclu...
12:34, 07/18/2019

Ex-Michigan State University dean found not guilty of sexual misconduct, guilty of neglect in Larry Nassar oversight LANSING, Mich. (AP) — Ex-Michigan State University dean found not guilty of sexual misconduct, guilty of neglect in Larry Nassar oversight....
16:51, 06/12/2019

Facebook's Libra Coin Frightening, Company Co-Founder Says Facebook co-founder Chris Hughes, who initiated the call to break up the social networking giant, has termed the new digital currency Libra "frightening"....
13:34, 06/22/2019

'I don't think you should launch Libra': US lawmakers hammer Facebook over currency House members challenge company over its plans to protect data and question its goals in latest clash on Capitol HillFacebook once again faced intense questioning from US lawmakers over the future launch of its cryptocurrency project Libra, in a comb...
23:51, 07/17/2019

Facebook Unveils Plans For Global Cryptocurrency 'Libra' Facebook and some two dozen partners on Tuesday released a prototype of a cryptocurrency called Libra, whose rollout as global digital money is expected next year....
14:51, 06/19/2019

Japan urges G7 to think beyond existing rules in dealing with Libra Japanese Finance Minister Taro Aso on Wednesday urged his G7 counterparts to make a comprehensive assessment of Facebook Inc's Libra digital currency for any fresh challenges that could be overlooked by existing regulations....
09:00, 07/18/2019

Here are the Senate’s sickest burns dished out to Facebook’s Libra Facebook‘s digital currency, Libra, has been causing a bit of a ruckus lately. Since its plans became public a few weeks ago, headlines have largely been awash with why it’s probably a bad idea. Nations all over the globe started to wake up to the re...
03:34, 07/18/2019

Congress finally catches up to the ‘bitcon’ after Libra controversy As I was saying in a column back on May 22, bitcoin and all the other phony cryptocurrencies need to be investigated. They are “bitcons” — confidence games that are going to eventually cheat anyone foolish enough to entrust their money to these scams...
08:34, 07/18/2019

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, ...
10:51, 08/21/2019

Japan urges G-7 to think beyond existing rules in dealing with Libra Japanese Finance Minister Taro Aso on Wednesday urged his G-7 counterparts to make a comprehensive assessment of Facebook's Libra digital currency for any fresh challenges that could be overlooked by existing regulations....
04:00, 07/18/2019

Facebook's Libra faces EU antitrust probe: Bloomberg Facebook Inc's proposed digital currency Libra faces anti-trust probe by European Union regulators, Bloomberg reported on Tuesday, citing a document seen by the organization....
01:51, 08/21/2019

Facebook Questioned by Lawmakers on Its Libra Digital Currency Top Senate lawmakers questioned Facebook’s plans for its own cryptocurrency, with the banking committee’s leading Democrat saying the social-media giant isn’t trustworthy enough to operate its own digital money....
22:34, 07/16/2019

Conditions not in place for Facebook's Libra to go ahead: France Facebook's Libra digital coin project cannot go ahead in the form it has been presented so far, French Finance Minister Bruno Le Maire said on Wednesday....
12:34, 07/17/2019

Facebook's Libra Could Give Dollar, Banks Some Welcome Competition Facebook’s new digital currency has the potential to become a true alternative to national currencies by creating a de facto central bank, which other fin-tech startups and cryptocurrencies have failed to do....
16:00, 06/26/2019

Facebook Says Libra Can Change the World. It Needs to Convince Users. Facebook has big plans to remake the financial system with its cryptocurrency-based payments network. But persuading people to adopt a brand-new technology could be tough....
12:34, 06/26/2019

Facebook's Libra coin closely watched by authorities: FSB Facebook's plan to expand into payments is not expected to be on the agenda of this week's G20 summit in Japan, but the social media giant's intentions could lead regulators to take a closer look at crypto assets, a G20 regulatory group said on Tuesd...
00:17, 06/26/2019

UK watchdog wants more detail on Facebook's Libra coin plan There was "insufficient" detail to understand Facebook's plans to expand into payments and launch its own Libra coin, Britain's Financial Conduct Authority (FCA) said on Tuesday....
14:17, 06/25/2019

Central bankers weigh up Facebook's Libra plan A senior member of the Swiss National Bank said he was open-minded about Facebook's cryptocurrency project, while an Italian official looked for more information as central bankers try to get to grips with the initiative....
14:17, 06/25/2019

France says Facebook's Libra not yet viable as G7 minister meet France said on Wednesday the conditions were not ripe for Facebook to go ahead with plans for its Libra digital coin, as G7 finance ministers gathered north of Paris on Wednesday for a meeting focused on reining in the powers of big tech giants....
15:51, 07/17/2019

U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted....
20:34, 07/17/2019

Democrats call on Facebook to abandon Libra cryptocurrency Rep. Maxine Waters (D-Calif.), chair of the House Financial Services Committee, compared Facebook to scandal-plagued Wells Fargo and said the tech giant shouldn't be allowed to proceed....
21:00, 07/17/2019

Facebook's Libra cryptocurrency faces EU antitrust scrutiny Facebook's Libra is reportedly being probed by the European Union's competition authorities. The cryptocurrency plan has been met with intense skepticism from both data protection activists and regulators....
10:51, 08/21/2019

G7 urges strict Libra regime, eyes minimum tax Digital currencies like Facebook's Libra must be held "to the highest regulatory standards" to ensure they are not used to launder money and that users are protected, a Group of Seven taskforce urged on Thursday....
12:51, 07/18/2019

Facebook Called Before US Senate Panel Over Libra Coin Facebook's plans to create a global cryptocurrency will face scrutiny from the US Senate Banking Committee on July 16, the latest sign that policymakers around the globe are casting a wary eye on......
07:00, 06/20/2019

‘Arrogance,’ ‘a ploy,’ ‘bold’: Here’s what officials are saying about Facebook’s Libra Officials at home and abroad sounded off this week about Facebook's plans to start a cryptocurrency, expressing fears it could destabilize financial markets....
02:17, 07/20/2019

Facebook reveals Libra cryptocurrency, with lofty goals Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments....
11:51, 06/18/2019

| Privacy watchdogs warn Facebook over Libra currency Global privacy regulators have joined forces to demand guarantees from Facebook on how it will protect users' financial data when it launches its planned cryptocurrency, Libra....
21:00, 08/06/2019

France Hardens Position Against Facebook's Libra Currency Europe should block Facebook-backed digital currency Libra and create a public alternative, a senior French official said, staking out a hard line amid broader resistance to the idea from U.S. and international officials....
19:17, 09/12/2019

France to block Facebook's Libra cryptocurrency in Europe Finance minister says governments’ monetary sovereignty could be at riskFrance has said it will block the development of Facebook’s Libra in Europe, dealing the cryptocurrency a fresh blow. The French finance minister, Bruno Le Maire, said plans for ...
21:02, 09/12/2019

UK's data watchdog seeks more clarity from Facebook over Libra Britain's data protection watchdog said on Monday that it had joined with its counterparts from around the world in calling for more openness about Facebook's proposed Libra digital currency....
11:00, 08/06/2019

France, Germany reject Facebook's libra cryptocurrency Facebook announced big plans to revolutionize payments in Europe with the launch of a virtual currency. But EU finance ministers see libra as a risk to monetary stability....
22:34, 09/13/2019

US, UK regulators ask Facebook how Libra will protect personal data Facebook knew its Libra cryptocurrency would face a regulatory gauntlet, but it might not have expected a united front. Regulators from the US, UK, EU and four other governments have asked Facebook to answer several questions about how it will prote...
08:00, 08/06/2019

Germany against allowing Facebook's Libra in Europe: Der Spiegel The German government is against giving regulatory approval for Facebook's Libra digital currency in the European Union, Der Spiegel magazine reported on Friday, citing a member of Chancellor Angela Merkel's conservatives....
22:34, 09/13/2019

PayPal Cautious About Future of Facebook's Libra Cryptocurrency PayPal is cautious about the future of Facebook-backed cryptocurrency Libra, which is slated to debut with the pioneering digital payments firm as part of its oversight association....
08:17, 09/14/2019

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...
03:00, 09/16/2019

Facebook's Libra launch will extend its global domination Cryptocurrency could wipe out many businesses and further concentrate corporate powerEvery week, dozens of people walk into the Sunshine convenience store in Charlottesville, Virginia, to send money to relatives in other countries. They use a service...
11:51, 06/18/2019

Facebook Unveils Libra, Cryptocurrency Rival to Bitcoin Facebook formally announced plans to launch a cryptocurrency called Libra, promising a secure blockchain-based payment system backed by hard assets and designed for mainstream users....
13:51, 06/18/2019

France seeks Facebook Libra cryptocurrency ban in Europe France's economic minsiter intends to block development of Facebook's Libra cryptocurrency in Europe because of the systematic threats it poses.Read More...
12:51, 09/12/2019

Facebook’s Libra coin isn’t even out yet, but it’s already facing opposition in Europe Facebook on Tuesday announced the Bitcoin rival it has been developing for the better part of a year: Libra. From the start, Facebook insisted on how secure Libra would be, and on the fact that a subsidiary called Calibra will be in charge of Libra, ...
07:00, 06/19/2019

Is Facebook’s new Libra currency a play to become the world’s banker? The social-media giant says it wants to provide financial services to billions of people around the world, including those who lack access to banking....
04:51, 06/19/2019

France to block development of Facebook's Libra cryptocurrency Finance minister warns monetary sovereignty of governments could be at riskFrance has said it will block development of Facebook’s Libra cryptocurrency in Europe because it threatens the “monetary sovereignty” of governments.“I want to be absolutely ...
13:51, 09/12/2019

France doesn’t want Facebook to operate Libra in Europe Facebook’s ambitious cryptocurrency project, Libra, has been facing a lot of heat in Europe since its announcement in June. Now, according to Reuters, the French finance minister, Bruno Le Maire, doesn’t want it to operate in the EU, as he feels it’s...
14:18, 09/12/2019

Swiss welcome scrutiny in handling Libra cyrptocurrency: watchdog Switzerland welcomes international scrutiny of the way it oversees the Facebook-led Libra cryptocurrency project and is ready to work with other countries to ensure seamless supervision, the top Swiss financial watchdog said....
15:51, 09/12/2019

BoE's Carney says keeping open mind on Facebook's Libra Bank of England governor Mark Carney has said he is keeping an 'open mind' on the potential utility of Facebook's planned cryptocurrency, but warned it may face strict regulation if it takes off....
20:17, 06/18/2019

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....
16:18, 09/12/2019

Bitcoin Fans Spy Opportunity in Facebook Libra Launch Bitcoin’s backers are adamant that Facebook’s coming digital currency, Libra, won’t spell the demise of other cryptocurrencies. To the contrary, many believe the launch of Libra spells opportunity....
16:34, 06/18/2019

Facebook's Libra puts 'unregulated cryptocurrencies' into focus The G7 ministers said this week they want to clamp down on cryptocurrencies like Facebook's Libra, arguing new and untested digital coins risk destabilizing international monetary systems. But can they and should they?...
20:51, 07/19/2019

Facebook reveals its new digital currency called Libra As expected, Facebook announced a brand new cryptocurrency coming in 2020 – Libra. Described as a new digital wallet for new digital currency, the new financial service will allow consumers to keep their cryptocurrency safe, as well as make various t...
14:51, 06/18/2019

| Facebook’s big Libra launch 'only fanned the flames' for critics Congress holding hearings on Facebook’s plan for a possible digital coin suggests that the high-profile debut for Libra was likely a public relations effort gone bad....
22:17, 07/27/2019

Facebook's Libra Cryptocurrency: How It Stacks Up to Bitcoin and PayPal In many ways, Libra appears to operate more like existing web-payment systems, such as PayPal, than bitcoin. Here’s how Facebook’s new system compares with systems already out there....
18:51, 06/28/2019

Facebook Says Libra Cryptocurrency to Be Regulated by Swiss Authorities Facebook said its Libra cryptocurrency will be regulated by Switzerland’s financial watchdog, adding the digital money would never compete with national currencies or undermine the role of central banks....
20:17, 07/15/2019

Facebook Needs 'Very High Standard' For Libra Coin: US Treasury Facebook must meet "a very high standard" before it moves ahead with its planned digital currency Libra, US Treasury Secretary Steven Mnuchin said Monday....
03:51, 07/16/2019

China says new digital currency will be similar to Facebook's Libra China's proposed new digital currency would bear some similarities to Facebook's Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said....
10:17, 09/06/2019

Senators Grill Facebook on Libra Cryptocurrency Plans The social media company introduced its Libra effort last month. On Tuesday, members of the Senate Banking Committee raised broad concerns about the project....
17:51, 07/16/2019

Libra: US Congress asks Facebook to pause development Legislators say they need time to investigate cryptocurrency and its potential impactThe US Congress has asked Facebook to pause development on its Libra cryptocurrency until lawmakers have had more time to investigate the ramifications of the compan...
17:51, 07/03/2019

Senators grill Facebook on its plans for Libra cryptocurrency Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the aisle questioned the social media company on its plans for a digital currency at a hearing on Tuesday....
17:51, 07/16/2019

Can Facebook's Libra Avoid Regulators? History Suggests Not For all its crypto styling, Facebook’s Libra looks less like bitcoin and more like a 50-year-old type of investment fund that has attracted intense regulatory scrutiny since the 2008 financial crisis. Investors should be skeptical of claims it can es...
15:17, 07/04/2019

US lawmakers tell Facebook to halt the launch of its Libra cryptocurrency US lawmakers have asked Facebook to "immediately cease implementation plans" of its Libra cryptocurrency. Before it proceeds any further, the House Financial Services Committee, led by Democrat Maxine Waters, wants to examine risks around cyber secur...
13:17, 07/03/2019

U.S. Senate to grill Facebook over plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe....
12:17, 07/16/2019

Congress Demands Facebook Put Brakes on Libra Cryptocurrency Facebook’s Libra cryptocurrency is off to a rocky start. After announcing Libra last month, U.S. lawmakers were none too thrilled given the social media giant’s dubious track record with privacy. Now, the U.S. House Committee on Financial Services is...
19:34, 07/03/2019

Federal Reserve already concerned over Facebook’s cryptocurrency Libra Facebook’s cryptocurrency Libra hasn’t been launched yet, but it’s already giving the Federal Reserve a headache. “Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability,” Fed Chairman Jerome Powel...
09:34, 07/11/2019

Why governments around the world are afraid of Libra, Facebook’s cryptocurrency Critics worry Libra would threaten government-backed currencies and consumer privacy, while giving Facebook reign over an unprecedented global financial system....
20:34, 07/12/2019

Libra launch won't happen until regulators are happy: Coeure Global regulators will not let Facebook launch its Libra currency until all their concerns, ranging from money laundering to financial stability, have been addressed and "a prolonged discussion" may be needed first, the man in charge of their respons...
05:34, 07/19/2019

Why Facebook's Libra currency gets the thumbs down | Joseph Stiglitz Only a fool would trust Facebook with their financial wellbeing. But maybe that’s the point of the Libra currencyFacebook and some of its corporate allies have decided that what the world really needs is another cryptocurrency, and that launching one...
15:34, 07/02/2019

Washington Has Doubts About Facebook's Libra Payments Network Cryptocurrency backers found a silver lining in President Trump’s Thursday attacks on bitcoin: The attention from him—and Fed Chairman Jerome Powell the same day—shows the industry’s growing importance....
01:00, 07/13/2019

| Facebook's Libra currency could threaten the euro - official Widespread adoption of Facebook's proposed 'Libra' cryptocurrency could harm the European Central Bank's ability to manage the eurozone economy and threaten the euro itself, a top official said....
13:17, 09/04/2019

Senate to grill Facebook over plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a ...
13:17, 07/16/2019

Facebook warned Libra cryptocurrency will come under close scrutiny UK financial regulator highlights concerns over consumer protection and privacy Facebook’s plans for a global cryptocurrency, Libra, will warrant close scrutiny by governments across the world, according to one of the UK’s most senior financial regul...
11:34, 07/03/2019

EU looking to see if Facebook's Libra currency poses competition risks EU regulators are examining Facebook's proposed Libra cryptocurrency to see if it harms competition, Europe's antitrust regulator said on Wednesday, the latest watchdog to voice concerns about the social network's move into financial services....
20:51, 09/04/2019

Facebook Libra chief testifies in Congress to explain cryptocurrency The head of Facebook's blockchain division will appear in Congress Tuesday for the first of two hearings about the social media network's plans to roll out a new digital financial system next year....
14:17, 07/16/2019

Factbox: Facebook's new cryptocurrency Libra and digital wallet Calibra Facebook Inc revealed plans to establish a cryptocurrency called Libra on Tuesday. It will be run by an association comprised of other corporate investors and non-profit members, with an expected launch in the first half of 2020....
11:51, 06/18/2019

Libra: Facebook launches cryptocurrency in bid to shake up global finance Digital currency will let billions of users make transactions but is raising privacy concernsFacebook has announced a digital currency called Libra that will allow its billions of users to make financial transactions across the globe, in a move that ...
11:51, 06/18/2019

'Flaky, unstable, bad with money': astrologers on Facebook's Libra currency With Mars in the 12th house at the time of the announcement, the new cryptocurrency should ultimately succeedWhen Facebook announced its cryptocurrency Libra, which shares its title with an astrological sign for people born approximately between 23 S...
22:34, 06/20/2019

Facebook's Libra cryptocurrency 'poses risks to global banking' Move could affect competition and data privacy, warns Bank for International SettlementsFacebook’s plan to operate its own digital currency poses risks to the international banking system that should trigger a speedy response from global policymakers...
18:17, 06/23/2019

Facebook asked by lawmakers to pause Libra cryptocurrency project Congresswoman Maxine Waters asked Facebook to halt movement of its Libra project until hearings can be held to examine concerns, while French Finance Minister has called for tighter cryptocurrency regulation....
03:51, 06/19/2019

Facebook’s ‘cryptocurrency’ Libra reportedly facing EU competition probe Facebook’s controversial ‘cryptocurrency’ Libra is facing a competition probe by the European Union Commission, according to a document seen by Bloomberg. The European Union’s antitrust regulators are “currently investigating potential anti-competiti...
11:51, 08/21/2019

Facebook reveals Libra cryptocurrency, sparking new privacy concerns Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns....
20:51, 06/18/2019

Amazon would be a better choice than Facebook to develop Libra, author Ben Mezrich says Ben Mezrich, who wrote the book that inspired the movie "The Social Network," told CNBC that Amazon would be a better choice than Facebook to develop Libra....
19:51, 07/18/2019

Facebook official says regulatory concerns to be addressed before Libra launch Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are fully addressed....
20:00, 07/15/2019

Would you trust Facebook with your money? What Libra cryptocurrency means for users Facebook revealed it will launch a digital currency similar to Bitcoin, called Libra. Here's what that move might means for its users.       ...
20:17, 06/18/2019

G7 urges tough Libra regulation, agrees to tax digital giants Digital currencies such as Facebook's planned Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the world's financial system, Group of Seven finance ministers and central bankers said on Thursday....
05:34, 07/19/2019

Facebook’s Libra currency gets backing from MasterCard, Visa, PayPal and more Today, Facebook finally announced its long-rumored cryptocurrency platform, Calibra. Some speculated that the company would rely on outside firms and existing cryptocurrency exchanges, like the Winklevoss twins' Gemini. Instead, Facebook's ...
19:00, 06/18/2019

Facebook Libra digital currency will carry hidden costs When Facebook announced its intention to get into the money business, we wondered what would be next. Its own court system? An army?: Our view       ...
01:17, 07/04/2019

Crypto Twitter responds to the reality of Facebook’s Libra ‘cryptocurrency’ Following months of speculation, Facebook finally confirmed the release of Libra next year. The tech giant also unveiled details about Calibra, its corresponding custodial digital wallet, but failed to provide specifics about its launch plans. Given ...
19:00, 06/18/2019

Bitcoin price falls below $10,000 as boost from Facebook's Libra fades Cryptocurrency climbed to nearly $14,000 on news social network was launching rivalThe price of bitcoin has fallen back below $10,000, down 30% from last week’s peak of nearly $14,000.Continuing its wild ride, the digital currency dropped to $9,717 o...
12:17, 07/02/2019

Explainer: 'Stablecoins' in the spotlight as Facebook unveils Libra cryptocurrency The original cryptocurrency accounts for over half of the $285 billion global coin trading market. But that dominance is under threat, with a host of alternative digital coins emerging as developers race to build cryptocurrencies able to enter mains...
16:51, 06/18/2019

Facebook’s Libra ‘cryptocurrency’ is missing one thing: monetary policy Facebook has outlined the economics of its new Libra cryptocurrency, revealing it will create a secondary token intended specifically to pay dividends to early backers. It’s called the Libra Investment Token, and it will only be available to members ...
16:34, 06/18/2019

Facebook announces Libra cryptocurrency and Calibra digital wallet Facebook has announced its cryptocurrency Libra and a global association of organizations that will govern it. The company also announced Calibra, a new subsidiary that will build a digital wallet for Messenger, WhatsApp, and a standalone app on iOS ...
15:00, 06/18/2019

Germany's Scholz sounds alarm on cryptocurrencies such as Facebook's Libra German Finance Minister Olaf Scholz said regulators must ensure that cryptocurrencies such as Facebook 's planned digital coin Libra do not threaten financial stability and consumer privacy....
15:17, 07/16/2019

Facebook's Libra cryptocurrency needs deep thought and detail: UK regulator Facebook's fledging cryptocurrency will raise questions for both society and government that need close examination, a senior official at Britain's financial watchdog said on Tuesday, in another sign that the planned project will face deep scrutiny....
17:51, 07/02/2019

Facebook's Libra cryptocurrency needs deep thought and detail - UK regulator Facebook's fledging cryptocurrency will raise questions for both society and government that need close examination, a senior official at Britain's financial watchdog said on Tuesday, in another sign that the planned project will face deep scrutiny....
16:51, 07/02/2019

Senate opens hearing into Facebook plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle were set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a...
17:17, 07/16/2019

Facebook should stop trying to disrupt payments with Libra and focus on repair Facebook has had quite a run operating in the completely unregulated, wild world of social media, finally ending with a mea culpa that it needs government regulation in order to manage the massive social and democratic disorder it has created. With i...
03:19, 08/19/2019

Factbox: Facebook's cryptocurrency Libra and digital wallet Calibra Facebook Inc revealed lofty plans to establish a cryptocurrency called Libra in June, but the project quickly ran into trouble with skeptical regulators around the world....
22:34, 09/13/2019

UPDATE 3-U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted....
18:00, 07/17/2019

Germany's Scholz: We cannot accept parallel currencies such as Facebook's Libra German Finance Minister Olaf Scholz said on Tuesday that policymakers could not accept the emergence of parallel currencies, adding that Berlin would reject any such plans....
19:17, 09/17/2019

President Trump takes aim at Facebook’s cryptocurrency, Libra, saying it should be regulated Taking aim at Facebook's plans to launch a virtual currency, known as Libra, and a wallet, named Calibra, Trump said in a series of tweets that the currency would have "little standing or dependability."...
06:17, 07/12/2019

ECB's Draghi cites 'substantial' concerns about Facebook's Libra plans European Central Bank President Mario Draghi has added his voice to a chorus of policymakers concerned about Facebook's proposed digital currency Libra....
18:00, 07/25/2019

Facebook's Libra: Why is the world fascinated by a cashless society Facebook’s Libra is joining the cryptocurrency world alongside Bitcoin and Ethereum, but this isn’t the first cashless method on the market. As companies are simplifying consumer transactions, will cash reach an expiration date? We explai...
19:00, 06/28/2019

Facebook Libra Digital Currency Raises 'Serious Concerns': US Fed Chief US Federal Reserve Chairman Jerome Powell said that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed....
08:17, 07/11/2019

Facebook's Libra cryptocurrency faces questions from international regulators Chair of Financial Stability Board says company’s plans could spark closer scrutiny of cryptocurrenciesFacebook’s Libra cryptocurrency is facing increasing skepticism from international regulators days after ambitious plans for it were unveiled by th...
01:51, 06/26/2019

Bitcoin price rises past $11,000 following Facebook’s Libra announcement Bitcoin’s price continues to rally surpassing the $11,000 mark over the weekend for the first time in 15 months. At the time of writing, Bitcoin‘s price had decreased by approximately 1.15 percent, with each coin being worth $10,873.04, according to ...
16:34, 06/24/2019

Facebook's Libra cryptocurrency stirs criticism, privacy concerns US lawmakers have grilled Facebook on its ambitious plan to create a financial ecosystem based on a digital currency called Libra. The project is viewed with skepticism in many countries, including Germany....
01:17, 07/17/2019

Facebook forced to take action against fraudsters peddling fake Libra It’s barely been a month since Facebook unleashed its cryptocurrency Libra into the wild and published its whitepaper. But already, the social media giant has been forced to address a growing number of fake communications associated to its digital as...
17:34, 07/23/2019

ECB's Villeroy tells Facebook that Libra faces tough scrutiny European Central Bank board member Francois Villeroy de Galhau said on Tuesday that "stablecoins" like Facebook’s Libra highlight gaps in rules and the media giant's payments project faced a tough regulatory approach....
05:52, 09/18/2019

UPDATE 6-U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers bashed Facebook on Wednesday over its planned cryptocurrency, saying the company had not shown it could be trusted to safeguard the world financial system and consumers' data....
23:17, 07/17/2019

Swiss National Bank in close contact with authorities on Libra Switzerland's central bank is in close contact with relevant authorities over Facebook's Geneva-based Libra cyptocurrency project, Swiss National Bank Vice-Chairman Fritz Zurbruegg said on Tuesday....
17:51, 08/27/2019

Bitcoin soars past $13,000 as Facebook's Libra fuels demand Bitcoin jumped to an 18-month high on Wednesday, as investors looked for safety in alternative investments amid geopolitical tension, and cheered prospects that Facebook Inc's Libra token could push cryptocurrencies into the mainstream....
21:00, 06/26/2019

Singapore wants more details on Facebook Libra before deciding on regulatory response Country's central bank remains in talks with Facebook and wants more details on how the US social media platform plans to implement its cryptocurrency before exploring potential legislation....
23:34, 07/08/2019

UPDATE 3-U.S. senators grill Facebook on its plans for Libra cryptocurrency Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the aisle grilled the social media company on its plans for a digital currency at a hearing on Tuesday....
18:34, 07/16/2019

Regulators from Australia, Canada, UK hit Facebook with Libra privacy concerns Facebook's history of mishandling data has come back to haunt it as the privacy and regulatory community team up to probe the social media giant on Libra....
09:34, 08/06/2019

Consensus among G7 ministers to tackle Facebook's Libra: French chair G7 ministers meeting in France on Wednesday agreed on the need to confront the emergence of digital currencies following Facebook's plans to launch its Libra digital coin, a French G7 presidency source said on Wednesday....
20:51, 07/17/2019

Bitcoin near two-week highs, fueled by hopes for Facebook's Libra Bitcoin held on Tuesday near its highest for two weeks after surging as much as 9% overnight, a move analysts said was probably driven by hopes that cryptocurrencies are gaining wider acceptance after Facebook disclosed plans for a digital coin....
14:00, 07/09/2019

Swiss watchdog expects details on Facebook's Libra by end of month Switzerland's privacy watchdog expects to receive details on Facebook's Libra cryptocurrency by the end of this month, a spokeswoman for the agency said on Tuesday....
18:17, 08/20/2019

Swiss-based Libra will have to meet tough U.S. standards: U.S. Treasury The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S. Treasury official said on Tuesday....
19:17, 09/10/2019

UPDATE 1-Germany's Scholz: We cannot accept parallel currencies such as Facebook's Libra German Finance Minister Olaf Scholz said on Tuesday policymakers could not accept the emergence of parallel currencies such as Facebook's planned Libra, adding that Berlin would reject any such plans....
19:17, 09/17/2019

Global regulators to question Facebook's Libra amid EU concerns: paper Global regulators will question Facebook on Monday about its Libra cryptocurrency, amid concerns from European Union governments over the threat the digital currency poses to financial stability, the Financial Times reported on Sunday....
12:17, 09/15/2019

Facebook's Marcus says regulatory concerns to be "fully addressed" before Libra launch Facebook's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company does not plan to launch the digital currency until regulatory concerns and approvals are "fully addressed."...
19:34, 07/15/2019

Trump bashes Bitcoin and calls for regulation of Facebook’s Libra cryptocurrency Facebook a few weeks ago unveiled its Libra digital coin and blockchain endeavor, a product meant to significantly reducing the remittance fees and waiting time when people exchange money on Facebook. The company created a spinoff to handle the Libra...
20:17, 07/12/2019

Japan sets up working group on impact of Facebook's Libra ahead of G7 Japanese authorities have set up a working group to discuss the impact Facebook's proposed Libra digital coin could have on monetary policy and financial regulation, government sources said, ahead of a G7 finance leaders' gathering where the topic wi...
02:51, 07/13/2019

France, Germany blast Facebook's Libra, back public cryptocurrency France and Germany said on Friday that Facebook's Libra currency posed risks to the financial sector that could block its authorization in Europe, and backed the development of an alternative public cryptocurrency....
22:34, 09/13/2019

Britain won't try to stop Facebook's new Libra digital coin, says UK finance minister Regulators, not lawmakers, should decide whether Facebook needs a banking license to launch Libra, says outgoing U.K. finance minster Philip Hammond....
16:51, 07/15/2019

Facebook Libra Cryptocurrency Plan Details Still Awaited by Swiss Watchdog Facebook's Libra cryptocurrency project has not responded to an information request by Switzerland's data privacy watchdog, the authority said on Tuesday,...
09:17, 07/24/2019

Earn Thousands of Dollars for Finding Bugs in Facebook's Libra Cryptocurrency While we’re still waiting on a specific release date for Facebook’s upcoming cryptocurrency, Libra, the company is aiming for an early 2020 release. That gives you plenty of time to find bugs in the currency’s infrastructure—a project that could rewa...
08:17, 08/28/2019

Halt Libra Project Until Concerns Addressed: Federal Chief To Facebook US Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed, comments that......
09:51, 07/11/2019

Fed chief calls for Facebook to halt Libra project until concerns addressed U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed, comments that pressured the project and dented the price of the ori...
21:51, 07/10/2019

UPDATE 1-Facebook official says regulatory concerns to be addressed before Libra launch Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are fully addressed....
19:34, 07/15/2019

Survey finds adults couldn’t care less about Facebook’s Libra ‘cryptocurrency’ Facebook Libra’s potential to help cryptocurrency go mainstream has been touted in recent weeks, but recent survey results indicate otherwise.  According to a poll conducted by CivicScience, which looked into general interest and public concerns surr...
21:34, 07/24/2019

Facebook's Marcus says regulatory concerns to be 'fully addressed' before Libra launch Facebook's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company does not plan to launch the digital currency until regulatory concerns and approvals are "fully addressed."...
17:34, 07/15/2019

'Facebook is already too big and too powerful': Senate to dig into Libra, the tech giant's new crypto project (FB) The US Senate Banking Committee plans to hold a hearing on Facebook's newly-announced Libra cryptocurrency project on July 16th, Reuters reports. On Tuesday, Senator Sherrod Brown (D-OH), the ranking member of the committee, responded to the announc...
07:00, 06/20/2019

‘Trust’ was mentioned 69 times at Facebook’s Libra Senate hearing – nice In the 220-minute-long Senate hearing where Facebook’s head of Calibra, David Marcus, was grilled on the company’s “cryptocurrency” plans, the word trust was mentioned every two minutes on average, working out to 69 times in total. Not all of these i...
13:34, 07/18/2019

EU antitrust regulators raise concerns about Facebook's Libra currency: sources EU antitrust regulators want to know whether Facebook's proposed Libra cryptocurrency and its use of consumer data pose possible anti-competitive constraints, people familiar with the matter said on Wednesday....
17:51, 08/21/2019

Facebook vows Libra currency will wait for approval as U.S. airs worries Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying he had serious concerns it could be used for illic...
23:00, 07/15/2019

UPDATE 1-Swiss-based Libra will have to meet tough U.S. standards-U.S. Treasury The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S. Treasury official said on Tuesday....
15:17, 09/10/2019

Europe should ignore 'treacherous promises' of Facebook's Libra currency: ECB's Mersch Facebook's proposed Libra currency could undermine the European Central Bank's ability to set monetary policy and Europe should ignore its siren call of "treacherous promises" ECB board member Yves Mersch said on Monday....
16:00, 09/02/2019

Facebook co-founder says Libra could shift monetary clout to private companies: FT Facebook Inc's Libra cryptocurrency would hand over much of the control of monetary policy from central banks to private companies, the company's co-founder Chris Hughes said in an opinion piece in the Financial Times on Friday....
19:17, 06/21/2019

Facebook's Libra Project Is Getting Hammered From All Sides, With Fed Chair Raising 'Serious Concerns' Facebook’s already-troubled Libra cryptocurrency project, which has already run into significant opposition among the U.S. House Committee on Financial Services and the Senate Banking Committee, is running headlong into further resistance from regula...
14:34, 07/11/2019

Facebook's Libra cryptocurrency could raise regulatory issues - BoE deputy governor Plans by Facebook Inc to launch a new global cryptocurrency called Libra could raise regulatory issues, Bank of England Deputy Governor Sam Woods said on Thursday....
11:00, 06/20/2019

Unruly social media no model for Facebook's Libra currency: BoE's Carney Facebook cannot expect its new Libra currency to benefit from the same unregulated free-for-all that helped the company achieve a dominant position in social media, Bank of England Governor Mark Carney said on Thursday....
20:34, 06/20/2019

France minister vows to block Facebook Libra cryptocurrency in Europe France's economy and finance minister warned Thursday that he plans to block Facebook's forthcoming cryptocurrency, the Libra, from being used in Europe....
13:51, 09/12/2019

UPDATE 1-Germany's Scholz sounds alarm on cryptocurrencies such as Facebook's Libra German Finance Minister Olaf Scholz said on Tuesday regulators must ensure that cryptocurrencies such as Facebook's planned digital coin Libra do not threaten financial stability and consumer privacy....
18:34, 07/16/2019

Rep. Maxine Waters asks Facebook to pause work on cryptocurrency Libra Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020....
01:00, 06/19/2019

Smaller cryptocurrencies feel pain as criticism of Facebook's Libra grows Bitcoin hasn't been the only casualty of the backlash by the world's major economic powers against Facebook's plans for a cryptocurrency, with smaller digital coins also feeling the burn....
20:51, 07/17/2019

Facebook's cryptocoin Libra could become a worldwide currency, says CEO of fintech start-up Tally "It literally threatens the governments that issue currency, the banks that store it and the actual transmission network," Tally's Jason Brown says....
01:00, 06/19/2019

Facebook's Libra cryptocurrency could raise regulatory issues: BoE deputy governor Plans by Facebook Inc to launch a new global cryptocurrency called Libra could raise regulatory issues, Bank of England Deputy Governor Sam Woods said on Thursday....
20:34, 06/20/2019

Facebook’s Libra cryptocurrency faces privacy concerns and political backlash Facebook announced a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.Read More...
05:51, 06/19/2019

Libra cryptocurrency: dare you trust Facebook with your money? | John Naughton The social media giant’s foray into bitcoin territory – with some financial big hitters on board – should prompt suspicionWe’ve known for ages that somewhere in the bowels of Facebook people were beavering away designing a cryptocurrency. Various nam...
09:34, 06/23/2019

German finance minister: Libra cryptocurrency must wait for regulatory clarity Facebook cannot go ahead with its plans to launch its digital coin Libra until all regulatory issues are dealt with, German Finance Minister Olaf Scholz said on Wednesday as he met with counterparts from G7 countries....
15:51, 07/17/2019

Bitcoin reaches 18-month high as Facebook's Libra spurs interest Bitcoin jumped to an 18-month high on Wednesday, a surge analysts said was caused by nervous traders looking for safety in alternative investments and expectations that Facebook's Libra could turn cryptocurrencies mainstream....
14:00, 06/26/2019

Kobo debuts Libra H2O e-reader, updates software with more tools for readers Enlarge (credit: Valentina Palladino) Nearly one year after releasing the Forma e-reader, Kobo returns today with a new slab dubbed the Kobo Libra H2O. The $169 e-reader retains the skeleton of the Forma, but is actually a smaller device. It has a ...
14:51, 09/04/2019

UPDATE 4-Fed chief calls for Facebook to halt Libra project until concerns addressed U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed, comments that pressured the project and dented the price of the orig...
21:34, 07/10/2019

Mnuchin says Facebook must satisfy regulatory concerns ahead of Libra launch: CNBC U.S. Treasury Secretary Steven Mnuchin said in a television interview that Facebook must satisfy regulatory concerns before it launches Libra, its planned cryptocurrency....
19:34, 07/24/2019

Global money-laundering watchdog closely monitoring Facebook's Libra, official says The global anti-money laundering watchdog is closely monitoring developments on Facebook's planned Libra cryptocurrency, its new head told Reuters on Tuesday, in the latest sign of growing regulatory scrutiny of the project....
17:51, 09/11/2019

UPDATE 2-Facebook vows Libra currency will wait for approval as U.S. airs worries Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying he had serious concerns it could be used for illic...
00:00, 07/16/2019

Swiss group that's supposed to oversee privacy for Libra says it hasn't heard from Facebook at all The Swiss data protection agency said Tuesday it has not been contacted by Facebook about overseeing privacy protections for the Libra cryptocurrency....
21:17, 07/16/2019

Members of Facebook's 'Crypto Mafia' Reportedly Getting Cold Feet About Libra Currency At least two of the 28 entities that have signed on for Facebook’s planned Libra currency are now getting nervous about the project, according to a new report from the Financial Times. And Facebook is just as worried about being the only company curr...
17:51, 08/23/2019

Ohio congresswoman says lack of financial literacy could be a problem for Facebook Libra users Rep. Joyce Beatty, D-Ohio, grilled Facebook's David Marcus, asking about the steps he will take to educate the 1.7 million unbanked people Libra plans to reach....
15:17, 07/19/2019

‘Crypto Twitter’ anxiously awaits white paper for Facebook’s Libra cryptocurrency Tomorrow, Facebook is expected to release full details of its new “cryptocurrency” project Libra — as always, Twitter has lots to say. Few concrete facts about Facebook‘s Libra (formally known as GlobalCoin) have been made public so far. Reports indi...
05:34, 06/18/2019

European Central Bank bigwig outlines why Facebook’s Libra isn’t real cryptocurrency A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren call.” Yves Mersch, Luxemborgian lawyer and ECB executive board member, even told attendees of the ...
19:00, 09/02/2019

Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted...
02:51, 07/12/2019

France creates G7 cryptocurrency task force as Facebook's Libra unsettles governments France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook's Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France's central bank governor said on Friday....
19:17, 06/21/2019

The tech industry is starting to doubt Facebook will be able to launch its Libra currency by 2020 "I think two years from now we're going to be like do you remember that Facebook thing? Libra?" said Bismarck Lepe, CEO of Wizeline, a San Francisco product development company....
19:17, 07/10/2019