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Tag: libra

Nov 27
Facebook’s Libra currency to launch next year in limited format

The long-awaited digital currency Libra could finally see the light of day as soon as January 2021, according to a new report. Expected in January, the exact launch date is still not known and would depend on when the Libra Association receives regulatory approval by the Swiss Financial Market Supervisory Authority, or FINMA, to operate […]

Jul 16
Facebook to Congress: Libra will be regulated by Swiss

Facebook will not launch the cryptoccurency Libra until it has fully addressed regulatory concerns. The remarks are prepared testimony he plans to give tomorrow, in front of the US Senate Banking Committee. Because the Libra Association is headquartered in Switzerland, Marcus says he expects the currency to be regulated by Switzerland’s financial regulator. The association is currently in “preliminary […]

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