PayPal has formally withdrawn from the Libra Association, the payments company announced on October 4.
Facebook’s Libra frontman, Calibra wallet head David Marcus, finally has something to smile about. (Photo: Wikimedia Commons)
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At House hearing, Facebook’s Libra stablecoin faces existential threat
If the Libra coin needs the Libra token, is it really a security?
At a hearing this week, a congressman suggested that Facebook’s proposed Libra stablecoin should be classified as a security that should be regulated. Such a designation threatens the future of the social media giant’s foray into cryptocurrencies.
