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…
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Facebook is planning to set up a digital payments system by the first quarter of 2020, which will be available in many countries according to BBC.
The social media giant wants to start testing its crypto-currency, which has been referred to internally as GlobalCoin, by the end of this year.…
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Facebook is seeking USD 1 billion in external funding for its forthcoming stable coin that is building within the blockchain division of the company.
The company has been tight-lipped about the purpose and progress of the coin, but Facebook has so far hired at least 30 people to the division with…
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