OKFALLSDAILYNEWS.COM: Latest News 21:36, 09/13/2019

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 mem...

EU regulators to set high bar to authorise Libra, ECB's Coeure says

Source: reuters.com

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 b...
20:48, 07/18/2019

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....
04:12, 09/17/2019

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 dolla...
21:36, 09/17/2019

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 govern...
20:00, 09/15/2019

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 ch...
18:36, 07/17/2019

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...
02:24, 07/16/2019

UPDATE 1-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 ...
18:36, 07/17/2019

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....
16:12, 07/04/2019

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-competi...
22:36, 08/20/2019

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 t...
20:48, 08/05/2019

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 day...
02:00, 06/26/2019

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....
10:24, 08/06/2019

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 ...
16:24, 09/15/2019

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 ...
15:00, 08/21/2019

Facebook’s Libra partners remain cautious amid growing scrutiny from regulators Facebook‘s Libra partners have reportedly signed non-binding agreements, meaning they’re not obliged to promote or use the digital token and can abandon the project if they decide to do so. According ...
13:00, 06/26/2019

Federal regulators rescind $929M for California high-speed rail plan The Trump administration has made good on its threat to pull nearly $1 billion in federal funding for a high-speed rail project in California, because it hasn't made significant progress....
20:00, 05/17/2019

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....
03:12, 07/16/2019

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 cry...
15:12, 06/26/2019

PayPal Makes It Easier to Authorise Payments on Android Devices in India Android users in India can now activate the One Touch facility in their PayPal account, which keeps you signed in on that device, for quicker payments....
18:48, 05/02/2019

Stablecoins harbor big risks, tough rules needed - Coeure Stablecoins such as Facebook's planned Libra are untested and pose serious risks, the European Central Bank's Benoit Coeure said on Monday, pledging a tough regulatory approach amid global scrutiny of...
15:01, 09/16/2019

In FX, clients are looking more like regulators The absence of a regulatory imperative has not deterred FX traders from increasing their use of transaction cost analysis tools, in turn increasing the pressure on brokers at a time when margins are a...
12:24, 05/10/2019

Regulators Split On MAX Return Boeing said the return to service of the 737 MAX jetliner could vary from country to country unless global regulators can agree on a single path to approving software and training changes....
07:24, 09/12/2019

Regulators Eye the Auctions That Decide Which Web Ads You See When you load a website, an electronic auction happens in milliseconds to determine which ads show up on your screen. Now, privacy regulators in Europe are beginning to scrutinize this process....
16:24, 07/09/2019

EU regulators to decide on IBM's $34 bln Red Hat bid by June 27 EU antitrust regulators will decide by June 27 whether to clear U.S. tech giant International Business Machines Corp's $34 billion bid for software company Red Hat....
16:36, 05/21/2019

"Rift Between Regulators Not In Anyone's Interest": Airlines On 737 Max Global airlines urged regulators on Sunday to coordinate on software changes to the Boeing 737 MAX, thus avoiding damaging splits over safety seen when the aircraft was grounded in March....
07:48, 06/02/2019

Behind H2O’s Turmoil: Raters, Regulators and Liquidity “You can’t always get what you want,” the Rolling Stones sang. The band didn’t have illiquid assets in mind, but investors who put their money into funds that put it into things that can be hard to se...
03:00, 06/29/2019

U.S. FAA to brief international regulators on status of Boeing 737 MAX Federal Aviation Administration chief Steve Dickson has invited about 50 aviation safety regulators from around the world to an informal briefing in Montreal next week on the status of the grounded Bo...
01:36, 09/18/2019

European regulators demand changes to 737 Max autopilot It's not just American officials who think Boeing's 737 Max software needs more polish. A Bloomberg source said that the European Union Aviation Safety Agency (EASA) has told Boeing to make...
22:00, 07/07/2019

Regulators Flesh Out Volcker Rule Changes U.S. regulators unveiled final changes to Volcker-rule restrictions on proprietary trading by financial firms, removing a provision opposed by the biggest banks and giving some regulatory relief to sm...
17:24, 08/20/2019

EU Regulators Scrutinize Digital-Ad Companies Digital-advertising companies are coming under pressure to make sure they don’t violate the European Union’s strict privacy rules when they share website visitors’ data with business partners....
10:36, 08/02/2019

U.S. FAA meets with air regulators on fate of Boeing 737 MAX The Federal Aviation Administration is meeting with international air regulators from around the world on Thursday to determine what is needed to return the grounded Boeing Co 737 MAX to return it to ...
18:12, 05/23/2019

FAA meets with air regulators on fate of Boeing 737 MAX The Federal Aviation Administration is meeting with international air regulators Thursday from around the world to assess the status of the grounded Boeing Co 737 MAX and what steps are needed to retu...
17:00, 05/23/2019

Former SEC regulators explain how they would investigate the GE accusations After a bombshell accusation from Madoff whistleblower Harry Markopolos regarding GE's accounting, GE CEO Culp is defending the struggling company calling it stock manipulation. Jacob Frenkel, a ...
20:24, 08/19/2019

Explainer: What would it take for U.S. regulators to break up Facebook? Facebook Inc co-founder and Mark Zuckerberg's former college roommate Chris Hughes urged U.S. regulators to break up the social media company in a New York Times opinion piece on Thursday....
22:12, 05/09/2019

EU regulators to decide on IBM's $34 billion Red Hat bid by June 27 EU antitrust regulators will decide by June 27 whether to clear U.S. tech giant International Business Machines Corp's $34 billion bid for software company Red Hat....
16:36, 05/21/2019

US regulators under scrutiny as they look to punish Facebook WASHINGTON (AP) — Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the company for alleged user-privacy violations. Eyes are on the Fed...
11:00, 05/08/2019

Regulators Around the World Are Circling Facebook Facebook revealed that it expected a record fine from the F.T.C. That could be one of many moves against the company by governments on four continents....
19:00, 04/28/2019

Facebook met with Dutch regulators over ad fraud: lawyer Facebook is in talks with Dutch regulators about how to stop criminals who place advertisements for scam products on the internet company's platform, a lawyer said on Wednesday....
23:00, 06/05/2019

Facebook met with Dutch regulators over ad fraud - lawyer Facebook is in talks with Dutch regulators about how to stop criminals who place advertisements for scam products on the internet company's platform, a lawyer said on Wednesday....
18:24, 06/05/2019

More help to fight robocalls? Regulators to vote Thursday NEW YORK (AP) — Is the world getting safer from robocalls? It’s not clear. The Federal Communications Commission plans to vote Thursday on giving wireless carriers permission to do more against ...
11:00, 06/06/2019

Acting FDA chief says regulators don't know much about CBD despite 'explosion of interest' Despite the buzz around CBD, regulators don't know much about the safety of adding the cannabis compound to food, dietary supplements and other consumer products, Acting Food and Drug Administrat...
15:36, 05/31/2019

Facebook's settlement with U.S. regulators likely to include WhatsApp: WSJ Facebook Inc's potential settlement with U.S. regulators over breaches of consumer data privacy is nearing completion, and the agreement will likely include its WhatsApp messaging service, the Wall St...
03:24, 05/03/2019

Facebook and Google likely to face new regulators for news and ads ACCC report argues for an authority to monitor ads to ensure tech giants do not break anti-competition lawsFacebook and Google are likely to face a strong push for new regulators in Australia to overs...
12:24, 06/28/2019

Facebook May Be Tough Beast for Regulators to Tame Facebook shares have been pummeled by negative news over the last 15 months, but investors enticed by its continued growth in the face of these challenges have regularly bought on the ensuing dips. In...
12:12, 06/04/2019

NY regulators probing NRA for illegal gun insurance kickbacks The New York Department of Financial Services is investigating the National Rifle Association for its role in offering now-banned insurance products for gun owners in the state — and earning at least ...
06:24, 08/10/2019

UPDATE 1-U.S. FAA to brief international regulators on status of Boeing 737 MAX Federal Aviation Administration chief Steve Dickson has invited about 50 aviation safety regulators from around the world to an informal briefing in Montreal next week on the status of the grounded Bo...
01:36, 09/18/2019

The Latest: US regulators get sympathy on powers, fines WASHINGTON (AP) — The Latest on congressional hearing on privacy agency (all times local): 12:20 p.m. Federal privacy regulators are getting a sympathetic hearing from Congress for their request for g...
18:48, 05/08/2019

UPDATE 1-U.S. FAA meets with air regulators on fate of Boeing 737 MAX The Federal Aviation Administration is meeting with international air regulators from around the world on Thursday to determine what is needed to return the grounded Boeing Co 737 MAX to return it to ...
18:48, 05/23/2019

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 Comm...
19:48, 06/02/2019

Regulators Have Doubts About Facebook Cryptocurrency. So Do Its Partners. The social media company said it had signed 27 partners to its Libra project. But executives at some of those companies said they were approaching it warily....
02:00, 06/26/2019

Aviation Regulators Free Up Mahindra's GA8 Planes To Fly Australia's Civil Aviation Safety Authority (CASA) said the precautionary suspension was triggered by initial information that the plane had broken up in flight....
09:00, 07/27/2019

U.S. lawmakers, regulators advance crackdown on robocalls The U.S. Federal Trade Commission (FTC) and 25 state and local agencies on Tuesday unveiled a crackdown on robocalls as a congressional panel approved a bill that would take new steps to reduce the un...
02:00, 06/26/2019

U.S. regulators say some Boeing 737 MAX planes may have faulty parts The U.S. Federal Aviation Administration on Sunday disclosed a new problem involving Boeing Co's grounded 737 MAX, saying that more than 300 of that troubled plane and the prior generation 737 may con...
06:00, 06/03/2019

Regulators, Investors Zero In on Corporate Debt Market A decadelong rise in corporate borrowing is prompting new scrutiny from investors and regulators about how debt markets might hold up in an economic downturn....
14:12, 05/27/2019

Dhapate: The High-Protein High-Fibre Mixed Grain Maharashtrian Flatbread Dhapate are savoury flat cakes or flatbreads prepared from three different healthy flours - whole wheat flour or gehu ka atta, jowar flour or sorghum flour and besan or gram flour (chickpea flour).......
14:48, 07/12/2019

Maspeth High School’s secret to high pass rates is cheating: teachers At highly rated Maspeth High School in Queens, students know they can play hooky, skip course work, flunk tests — and still pass. They call it the “Maspeth Minimum,” meaning everyone gets at least the...
03:36, 09/15/2019

People with familial high cholesterol at high cardiovascular risk, even with meds While medication can reduce cholesterol levels, researchers say people with a family history of hypercholesterolemia are still at a higher risk for cardiovascular events....
02:24, 09/18/2019

High blood pressure, high cholesterol early in life tied to heart problems later (Reuters Health) - People with high blood pressure or elevated cholesterol before age 40 are more likely to have a heart attack later in life than other adults, a new analysis suggests....
00:12, 07/16/2019

Monsoon Diet: Watch Recipe Video Of High-Protein, High-Fibre Ram Ladoo Chaat Ram ladoo is one of the favourite snack items in the region, especially in Delhi. It is made of dough balls of moong dal, which is packed with proteins, fibre and some other vital nutrients...
16:12, 07/24/2019

This Instagrammable Jewelry Line Is High Fashion Without the High Price Tag It can be tough to find jewelry that is high-quality, but not costly. When you shop designer brands, you’re often paying for the name, and not the actual product. Jewelry can be marked up extensively ...
03:00, 07/31/2019

Activists urge Google to break up before regulators force it to Shareholder activists want Google parent Alphabet Inc to break itself up before regulators force the world's biggest internet ad seller to split into different pieces....
11:36, 06/19/2019

Google Urged by Activists to Break Up Before Regulators Force It To Shareholder activists want Google parent Alphabet to break itself up before regulators force the world's biggest Internet ad seller to split into different pieces....
14:36, 06/19/2019

Banking regulators grapple with evolution of financial technology A variety of banking and finance technologies have been introduced or popularized by upstarts since the 2008 financial crisis: digital currencies, new data points in determining creditworthiness, and ...
09:48, 05/10/2019

The Latest: Minnesota regulators defend key PolyMet permit MINNEAPOLIS (AP) — The Latest on EPA criticism of a key permit for the planned PolyMet mine in Minnesota (all times local): 3:55 p.m. Minnesota regulators are defending their process for approving a k...
00:36, 06/14/2019

UPDATE 3-U.S. regulators say some Boeing 737 MAX planes may have faulty parts The U.S. Federal Aviation Administration on Sunday disclosed a new problem involving Boeing Co's grounded 737 MAX, saying that more than 300 of that troubled plane and the prior generation 737 may con...
01:48, 06/03/2019

Facebook to postpone digital currency until regulators happy Facebook says it is willing to postpone its digital currency until it has satisfied the concerns of the US treasury and other regulators around the world....
23:24, 07/16/2019

Here Are Some Ways Amazon's Practices Have Caught The Eye of Antitrust Regulators Lately, there’s been a lot of antitrust chatter surrounding the big five tech giants. Earlier this month, Apple was under the microscope for its strict control over the App Store. This week, it looks ...
22:48, 06/05/2019

Kelkoo ready to take Google complaint to U.S. antitrust regulators: CEO British price comparison site Kelkoo is willing to take its complaint about Google to U.S. antitrust regulators because EU efforts to ensure a level playing field are inadequate, its chief executive s...
23:00, 06/05/2019

Europe shows challenges for US regulators targeting Big Tech LONDON (AP) — As U.S. authorities prepare to investigate Silicon Valley’s digital giants, they’ll look for inspiration — and warnings — from Europe, where regulators have led global effort...
14:36, 06/07/2019

Financial crime: Regulators find few lessons in Danske Huge fines, criminal investigations and public opprobrium are the consequences of big anti-money laundering failures at banks, but what about the regulators? The reluctance of fellow EU supervisors to...
16:36, 08/30/2019

Boeing CEO: Global aviation regulators may not clear 737 Max to fly at the same time Boeing's CEO Dennis Muilenburg told an industry conference that global aviation regulators may not all give the 737 Max the green light to fly at the same time....
22:48, 09/11/2019

Top U.S. antitrust regulators admit to infighting on big tech probe The top U.S. antitrust regulators admitted at a congressional hearing on Tuesday that they had wasted time arguing over who would investigate which tech company, as they take on major probes of firms ...
08:48, 09/18/2019

Regulators approve shot to boost women’s sex drive Federal regulators approved a medication Friday to boost low sex drive for women that comes in the form of a shot to the thigh or abdomen. The approval from the Food and Drug Administration adds anoth...
18:48, 06/24/2019

UPDATE 1-Chinese regulators will restructure Baoshang Bank as soon as possible The Chinese government's takeover of Baoshang Bank has caused some pain but prevented bigger financial and social instability, and regulators will restructure the lender as soon as possible, a newspap...
17:36, 06/16/2019

Airlines urge regulators to work together to return 737 MAX to service Global airlines on Thursday urged regulators to coordinate on technical requirements and timelines for the safe re-entry to service of the Boeing Co 737 MAX aircraft, which was grounded in March afte...
14:36, 06/27/2019

UPDATE 1-Facebook's settlement with U.S. regulators likely to include WhatsApp - WSJ Facebook Inc's potential settlement with U.S. regulators over breaches of consumer data privacy is nearing completion, and the agreement will likely include its WhatsApp messaging service, the Wall St...
05:36, 05/03/2019

Regulators Found Risk of Emergency After First Boeing MAX Crash An FAA internal risk analysis after the first of two Boeing 737 MAX airliner crashes showed the likelihood was high of a similar cockpit emergency within months....
17:00, 07/31/2019

U.S. banking regulators examined Amazon's cloud in April -WSJ Federal banking regulators had inspected Amazon.com Inc's Virginia facility earlier in April, the Wall Street Journal reported on Thursday, citing people familiar with the matter....
01:48, 08/02/2019

Qualcomm Is Fined Again by European Regulators for Antitrust Behavior The $272 million fine is for blocking a rival chip maker from the market. It is the second time in two years that E.U. authorities have penalized Qualcomm....
15:00, 07/18/2019

U.S. banking regulators examined Amazon's cloud in April: WSJ Federal banking regulators had inspected Amazon.com Inc's Virginia facility earlier in April, the Wall Street Journal reported on Thursday, citing people familiar with the matter....
10:12, 08/02/2019

Global Regulators Race to Curb Silicon Valley Governments are in a global race to scrutinize Silicon Valley, creating a broad regulatory wave aimed at curbing the power of a small group of American tech giants....
00:24, 05/11/2019

Large GDPR Fines Are Imminent, EU Privacy Regulators Say Companies can expect large penalties from the European Union this summer, more than a year after the sweeping General Data Protection Regulation took effect last May....
05:48, 05/04/2019

UK age verification is flawed, and regulators need a technology wake-up call Age verification isn’t new: we encounter it daily, whether ticking a box to say that we’re over 13 when signing-up to social media platforms or presenting ID if we’re buying alcoh...
10:48, 06/13/2019

Data privacy regulators in GCC countries get more muscles to flex Authorities in the Gulf Cooperation Council (GCC) countries are looking to tighten their data privacy laws and give more teeth to regulators after the introduction of EU’s General Data Protecti...
12:48, 08/04/2019

Chinese Regulators Try to Calm Fears of a Funding Squeeze Chinese regulators made fresh attempts to calm frayed nerves in the country’s financial sector, as bank liquidity remained tight by some measures three weeks after authorities took over a struggling c...
15:00, 06/17/2019

Bill Gates (still) doesn't think regulators should break up Big Tech Bill Gates is unsurprisingly very familiar with antitrust regulations of large tech companies, so how does he feel about the US government's ongoing competition review? He's not a fan -- tho...
19:12, 09/17/2019

EU antitrust regulators to investigate Amazon over merchant data EU antitrust regulators will investigate Amazon, the world's largest online retailer, to see if its use of other merchants' data breaches EU antitrust rules, the European Commission said on Wednesday....
12:24, 07/17/2019

Canada, Europe to choose when 737 MAX is safe as regulators meet In a potential challenge to U.S.-led efforts to build consensus on the Boeing Co 737 MAX flying again, Canada and Europe said on Wednesday they would bring back the grounded aircraft on their own term...
23:24, 05/22/2019

U.S. regulators finalize changes easing post-crisis 'Volcker Rule' Two U.S. banking regulators on Tuesday approved changes easing a rule introduced after the 2007-2009 financial crisis that bans banks from trading on their own account, giving Wall Street one of its b...
17:24, 08/20/2019

U.S. House lawmakers ask regulators to scrutinize bank cloud providers Two U.S. lawmakers have called on a top financial regulatory panel to consider direct oversight of the cloud services big tech companies provide to banks, saying they have become a critical component ...
16:12, 08/23/2019

Airlines face scramble to restore 737 MAX flights once regulators approve fix Once global regulators clear Boeing Co's 737 MAX to fly again after deadly crashes, airlines which have put their fleets into mechanical hibernation since March will scramble to begin the biggest ungr...
11:24, 05/17/2019

Airlines and regulators meet to discuss Boeing 737 MAX un-grounding efforts Airlines and regulators are gathering at a closed-door summit in Montreal on Wednesday to exchange views on steps needed for a safe and coordinated return of Boeing Co's grounded 737 MAX jets to the s...
13:48, 06/26/2019

EU regulators fine five banks 1.07 billion euros for forex rigging EU antitrust regulators on Thursday fined Barclays, Citigroup, J.P. Morgan, MUFG and Royal Bank of Scotland a total of 1.07 billion euros ($1.2 billion) for rigging the spot foreign exchange market fo...
12:12, 05/16/2019

Chinese firms' missing $6 billion tests regulators' resolve Cash is considered among the hardest assets for a company to fake, which is why the disappearance of a combined $6.1 billion from two Chinese companies has dumbfounded investors and forced regulators ...
10:36, 05/17/2019

UPDATE 1-U.S. regulators approve new Silicon Valley stock exchange U.S. regulators on Friday approved a new stock exchange that is the brainchild of a Silicon Valley entrepreneur, a move that will give high-growth technology companies more options to list their share...
21:36, 05/10/2019

Regulators Approve Bitcoin Venture Backed by NYSE Owner New York state regulators approved a key license for Bakkt, a venture designed to make it easier for consumers to store bitcoins and pay for purchases in the cryptocurrency....
00:48, 08/17/2019

Amazon will be 'left alone' by regulators while other big tech companies suffer, Stifel says Amazon is likely to escape the increased scrutiny from federal regulators that the other big technology companies are currently facing, according to Stifel....
19:48, 06/07/2019

Snapchat CEO Evan Spiegel Says EU Regulators Are Helping Google, Facebook The head of Snapchat warned European regulators that their efforts to protect user data were entrenching the positions of Internet giants such as Google and Facebook....
15:36, 05/14/2019

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....
19:12, 05/13/2019

U.S. regulators approve $5 billion Facebook settlement over privacy issues (Reuters) — The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook this week over its investigation into the social media company’s handling of user data, a sou...
08:24, 07/13/2019

Federal Regulators Propose Changes to Trucker Work-Hour Rules The plan to modify rest-break requirements and other rules could save the industry money, but faces opposition from safety advocates and the Teamsters....
06:36, 08/15/2019

IATA chief 'worried' about global regulators' discrepancy over Boeing 737 MAX The head of global airlines lobby IATA warned on Tuesday that a discrepancy among global regulators over reapproving Boeing Co's 737 MAX for commercial flight could set a worrying precedent for futur...
00:36, 09/04/2019

World’s regulators to review pilot licensing in Montreal after 737 MAX crashes The Boeing 737 MAX crashes aren't necessarily the reason why they're meeting, but they coincide with debate over whether increasingly automated commercial jets are compromising pilot skills....
02:48, 07/03/2019

EU regulators to investigate Insurance Ireland data pooling system EU antitrust regulators opened an investigation on Tuesday into Insurance Ireland's data pooling system, concerned that conditions set by the association to access the system may block rivals in viola...
12:36, 05/14/2019

U.S. regulators to drop accounting test in 'Volcker' rewrite: sources U.S. regulators have circulated a new draft of the "Volcker Rule" that would further ease its requirements and scrap a proposed new test that had been met with fierce resistance from Wall Street,......
22:12, 08/14/2019

Airlines urge regulators not to compete on safety after Boeing crisis Global airlines urged regulators on Friday not to compete over setting new safety rules, after two crashes led to the grounding of the Boeing 737 MAX and raised questions about the international influ...
19:36, 05/17/2019

UPDATE 1-Airlines urge regulators to work together to return 737 MAX to service Global airlines on Thursday urged regulators to coordinate on technical requirements and timelines for the safe re-entry to service of the Boeing Co 737 MAX aircraft, which was grounded in March after...
14:36, 06/27/2019

U.S. regulators divide scrutiny of Amazon and Google: Washington Post U.S. antitrust regulators have divided oversight of Amazon.com Inc and Alphabet Inc's Google, putting Amazon under the watch of the Federal Trade Commission and Google under the Justice Department, th...
09:24, 06/02/2019

Online lenders under investigation by regulators in 11 states, Puerto Rico The New York Department of Financial Services is leading an investigation into of a new breed of online lender that claims to provide advance payments on workers’ paychecks — but are possibly violatin...
01:12, 08/07/2019

Online lenders under investigation by regulators in 10 states, Puerto Rico The New York Department of Financial Services is leading an investigation into of a new breed of online lender that claims to provide advance payments on workers’ paychecks — but are possi...
17:36, 08/06/2019

U.S. regulators divide scrutiny of Amazon and Google -Washington Post U.S. antitrust regulators have divided oversight of Amazon.com Inc and Alphabet Inc's Google, putting Amazon under the watch of the Federal Trade Commission and Google under the Justice Department, th...
07:36, 06/02/2019

EU regulators approve Sanofi, Regeneron's Dupixent for adolescent cases The Dupixent product developed by French healthcare company Sanofi and its U.S. partner Regeneron has won approval in Europe for adolescents with moderate-to-severe atopic dermatitis, the companies sa...
08:00, 08/06/2019

U.S and European regulators reviewing safety of heartburn drugs like Zantac U.S. and European drug regulators said on Friday they are reviewing the safety of the widely taken heartburn drug ranitidine, commonly known by the brand name Zantac, after they found traces of a prob...
06:48, 09/14/2019

Rift emerges between regulators reviewing merger between Sprint and T-Mobile The proposal to combine the nation's third- and fourth-largest wireless carriers entered uncertain legal territory after the Federal Communications Commission and the Justice Department appeared to sp...
23:36, 05/21/2019

First peanut allergy therapy gets backing from U.S. regulators' expert advisers A U.S. Food and Drug Administration advisory panel on Friday recommended approving the first therapy for peanut allergies, which affect over 1.6 million children in the United States, despite raising ...
04:24, 09/14/2019

Vyleesi: latest attempt at 'female Viagra' approved by US regulators Pharmaceutical known chemically as bremelanotide is aimed at women with low sexual desire disorder or HSDDDrug regulators in the United States have approved Vyleesi, the latest attempt to come up with...
07:00, 06/22/2019

Amazon could face heightened antitrust scrutiny under a new agreement between U.S. regulators The move by the Justice Department and the Federal Trade Commission could result in heightened federal scrutiny of the two tech giants' business practices, according to three people familiar with the ...
05:12, 06/02/2019

UPDATE 1-Activists urge Google to break up before regulators force it to Shareholder activists on Wednesday urged Google parent Alphabet Inc to break itself up before regulators force the world's biggest internet ad seller to split into different pieces....
21:24, 06/19/2019

EU regulators extend Vodafone, Liberty Global probe to July 23 EU antitrust regulators have extended by two weeks to July 23 their investigation into Vodafone's $22 billion bid for Liberty Global's cable networks in Germany and central Europe, according to a fil...
13:36, 05/24/2019

Supreme Court keeps rule that strengthens the power of government regulators The Supreme Court refused to overturn a precedent that strengthened the power of government regulators in a closely watched case that could have had broad ramifications for federal agencies....
17:00, 06/26/2019

UPDATE 3-Top U.S. antitrust regulators admit to infighting on big tech probe The top U.S. antitrust regulators admitted at a congressional hearing on Tuesday that they had wasted time arguing over who would investigate which tech company, as they take on major probes of firms ...
01:36, 09/18/2019

Federal regulators eye update to rules governing kids’ privacy and the Internet The effort by the Federal Trade Commission is in its initial phases, but it could eventually lead to tougher enforcement of the 1998 law against apps and websites that illegally collect personal infor...
18:24, 07/18/2019

Tesla Driver Imitates Regulators by Appearing to Fall Asleep With Autopilot On We’ve seen this before, and you better believe we’re going to see a hell of a lot more of it. According to video obtained by NBC Los Angeles and an interview with the person who shot the footage, a Te...
23:24, 06/14/2019

UPDATE 1-U.S. regulators finalize changes easing post-crisis 'Volcker Rule' Two U.S. banking regulators on Tuesday approved changes easing a rule introduced after the 2007-2009 financial crisis that bans banks from trading on their own account, giving Wall Street one of its b...
17:48, 08/20/2019

Facebook's dream of a global cryptocurrency raises political stakes — for the regulators themselves Investors, crypto enthusiasts and regulators themselves say Libra has raised the stakes for financial authorities, forcing them to take a more serious look at digital currencies....
09:00, 08/26/2019

Colombian regulators order delivery app Rappi to comply with commerce laws Colombian regulators on Thursday ordered popular delivery app Rappi to comply with electronic commerce laws, saying the company is offering services that go beyond basic contact between clients and su...
09:12, 09/06/2019

Duplicate messages demanding mercy on payday lenders overwhelms regulators Federal regulators have been inundated with messages calling for looser restrictions on payday lenders — and a lot of them look alike. The Consumer Financial Protection Bureau has received about 27,00...
04:12, 05/15/2019

UPDATE 4-U.S. regulators approve $5 bln Facebook settlement over privacy issues - source The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media company's handling of user data, a source familiar w...
01:00, 07/13/2019

LG Electronics, regulators oppose Qualcomm's effort to put antitrust ruling on hold Smartphone maker LG Electronics Inc on Tuesday opposed Qualcomm Inc's efforts to put a sweeping U.S. antitrust decision against the chip supplier on hold as it pursues an appeal....
04:48, 06/12/2019

Facebook hires lobbying firm to help sweet talk cryptocurrency regulators Facebook‘s “cryptocurrency” Libra is facing an ever growing mountain of regulatory challenges. It seems it needs a helping hand, as it’s hired a specialist firm to lobby Washington directly. According...
19:00, 08/27/2019

Regulators Fine Google $170 Million for Violating Children’s Privacy on YouTube As part of a settlement, YouTube said it would also institute new privacy measures on children’s videos. Critics said the changes did not go far enough to protect children....
15:36, 09/04/2019

Federal regulators eye update to rules governing children’s privacy and the Internet Federal regulators this week commenced a new effort to update and potentially expand the children's-privacy laws, questioning whether swift advancements in technology have outpaced rules meant to prot...
22:00, 07/18/2019

U.S. senators urge regulators to quickly approve drone identification rules Two U.S. senators on Monday urged U.S. Transportation Secretary Elaine Chao to finalize a long-delayed rule that would require the remote identification of unmanned aircraft systems, or drones....
23:00, 04/29/2019

Regulators fine British Airways record $230M for data breach The British government said Monday it will fine British Airways a record $230 million for a security breach that affected the personal data of about 500,000 customers a year ago....
15:00, 07/08/2019

Senators urge regulators to quickly approve drone identification rules Two U.S. senators on Monday urged U.S. Transportation Secretary Elaine Chao to finalize a long-delayed rule that would require the remote identification of unmanned aircraft systems, or drones....
23:00, 04/29/2019

UPDATE 3-U.S and European regulators reviewing safety of heartburn drugs like Zantac U.S. and European drug regulators said on Friday they are reviewing the safety of the widely taken heartburn drug ranitidine, commonly known by the brand name Zantac, after they found traces of a prob...
12:24, 09/14/2019

UPDATE 2-U.S. regulators approve $5 bln Facebook settlement over privacy issues - source The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media company's handling of user data, a source familiar w...
23:12, 07/12/2019

Regulators Are Taking Steps to Block Robocalls That Annoy Millions of Americans (NEW YORK) — New measures by U.S. regulators could help thwart some of the billions of robocalls received in the U.S. The rising volume of calls in the last few years has created pressure on Con...
21:36, 05/15/2019

UPDATE 1-U.S. telecom regulators, Sprint, T-Mobile to agree on deal -sources Sprint Corp and T-Mobile US Inc announced a series of changes to their proposed $26 billion deal on Monday, while U.S. regulators were expected to announce agreement on the conditions necessary to app...
15:48, 05/20/2019

Regulators may take interest in internet giants' cryptocurrencies - German cartel office Antitrust regulators may take an interest in cryptocurrencies being launched by big internet companies, the head of Germany's Federal Cartel Office said....
12:48, 06/27/2019

Italian regulators launch probe into Google over abuse of market dominance Italy's antitrust authority announced Friday that it has opened an investigation into Google over alleged abuse of its dominant market position....
10:48, 05/17/2019

U.S. regulators approve $5 billion Facebook settlement over privacy issues: source The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media company's handling of user data, a source familiar ...
23:36, 07/12/2019

Airlines body IATA urges regulators to co-ordinate on re-entry to service of Boeing 737 MAX Global airlines on Thursday urged regulators to coordinate on technical requirements and timelines for the safe re-entry to service of the Boeing 737 MAX, which was grounded in March after two fatal a...
12:48, 06/27/2019

EU antitrust regulators to fine banks for forex exchange rate rigging - sources EU antitrust regulators are set to fine a group of banks including Barclays, Citigroup , HSBC and JPMorgan in the coming weeks for rigging foreign exchange rates, two people familiar with the matter s...
18:36, 05/09/2019

UPDATE 3-LG Electronics, regulators oppose Qualcomm's effort to put antitrust ruling on hold Smartphone maker LG Electronics Inc on Tuesday opposed Qualcomm Inc's efforts to put a sweeping U.S. antitrust decision against the chip supplier on hold as it pursues an appeal....
05:24, 06/12/2019

Boeing reportedly knew of the software error on the 737 Max for a year before telling airlines and regulators AP Photo/Elaine Thompson The Wall Street Journal reports that Boeing knew of a software error that prevented the correct functioning of an alert system on the 737 Max for over a year before notifying...
05:24, 05/06/2019

Facebook privately pitched its cryptocurrency plan last month to regulators. They were left even more scared. Two days after Facebook announced plans for the creation of a new cryptocurrency for its 2.7 billion users last month, the tech giant presented its 12-page white paper to more than a dozen officials f...
02:00, 07/17/2019

European regulators fear Deutsche Bank U.S. stress test failure: source Deutsche Bank is in danger of failing U.S. stress tests, a European bank supervisor told Reuters, adding to pressure on Germany's biggest lender to make changes to its investment bank after failed mer...
21:36, 04/30/2019

Antitrust regulators may also scrutinize internet firms' cryptocurrencies: German cartel chief Cryptocurrencies backed by big internet companies could come under the scrutiny of antitrust regulators, the head of Germany's Federal Cartel Office said on Thursday after Facebook last week launched ...
14:12, 06/27/2019

U.S. markets regulators reach deal on Dodd-Frank swaps capital rules U.S. markets regulators on Friday unveiled an agreement on how much capital and margin firms must hold when trading swaps based on securities, finalizing a key piece of the 2010 Dodd-Frank law introdu...
17:12, 06/21/2019

RPT-European regulators fear Deutsche Bank U.S. stress test failure -source Deutsche Bank is in danger of failing U.S. stress tests, a European bank supervisor told Reuters, adding to pressure on Germany's biggest lender to make changes to its investment bank after failed mer...
10:48, 05/01/2019

Bayer gets help from Donald Trump as US regulators veto warnings its Roundup weedkiller causes cancer The Trump administration is refusing to approve product labels warning glyphosate — the active ingredient in Roundup weedkiller — is a carcinogen. "It is irresponsible to require labels on...
02:48, 08/13/2019

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 u...
13:24, 07/30/2019

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 20...
17:00, 06/18/2019

Burner Phones, Leaks to Journalists: Regulators Probe Suspected Insider-Trading Scheme A former Citigroup employee was the alleged middleman in what authorities believe may be an insider trading scheme, according to people familiar with the matter and disclosures in a U.K. court case....
11:00, 06/28/2019

UPDATE 1-Antitrust regulators may also scrutinise internet firms' cryptocurrencies -German cartel chief Cryptocurrencies backed by big internet companies could come under the scrutiny of antitrust regulators, the head of Germany's Federal Cartel Office said on Thursday after Facebook last week launched ...
12:48, 06/27/2019

Regulators in India reportedly start probe over Google's misuse of Android's dominant position While India is the second largest smartphone market in the world, its position as a developing country limits sales of higher-end flagship phones. That is why a value based firm like Xiaomi has done s...
21:36, 05/10/2019

North Carolina Regulators Seize Control of Life Insurers Owned by Greg Lindberg North Carolina’s insurance department seized control of a group of troubled life insurers owned by Greg Lindberg, who was arrested in April on federal criminal charges of conspiring to bribe the state...
00:36, 06/28/2019

Big bad Libra: Do we really need (or want) Facebook to reinvent money? Facebook's cryptocurrency scheme will undoubtedly generate value and a following. But if the hairs on the back of your neck start to raise up, you're not alone....
20:48, 06/24/2019

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 U...
16:48, 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....
14:48, 07/13/2019

Facebook Libra scams already on the rise Ahead of the launch of Facebook's 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...
20:36, 07/23/2019

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 Ca...
13:48, 06/18/2019

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....
03:48, 06/14/2019

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...
01:48, 07/05/2019

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...
02:24, 07/16/2019

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 arou...
11:24, 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 th...
18:24, 07/16/2019

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 ...
07:24, 06/21/2019

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....
21:24, 07/16/2019

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 f...
21:12, 09/12/2019

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....
22:24, 07/16/2019

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 u...
16:12, 07/30/2019

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, ...
20:12, 06/19/2019

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 Min...
07:48, 07/17/2019

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.       ...
01:12, 07/04/2019

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 co...
13:12, 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....
04:12, 07/12/2019

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 a...
06:48, 07/12/2019

Bitcoin Loses Almost a Third of Its Value as Libra Hype Fades Facebook’s struggle to convince lawmakers it can create a viable cryptocurrency is rubbing off on bitcoin. Regulatory scrutiny of the company’s ambitious plan to release a digital coin, called Libra, ...
10:36, 07/17/2019

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...
18:36, 08/27/2019

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....
09:36, 07/18/2019

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 backer...
21:24, 08/23/2019

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 a...
15:24, 07/08/2019

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....
20:24, 07/05/2019

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....
21:36, 07/15/2019

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 protect...
15:12, 07/18/2019

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 L...
22:00, 07/17/2019

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....
12:12, 06/18/2019

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 institution...
17:24, 08/22/2019

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 i...
04:12, 07/24/2019

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 proposed by F...
02:36, 09/11/2019

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 ...
18:00, 06/23/2019

Singapore amongst currencies Facebook wants tied to Libra Social media giant has reportedly informed US government officials that the Singapore dollar, Japanese yen, and euro are amongst an initial bundle of global currencies that likely will be included in ...
11:24, 09/10/2019

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 cou...
17:24, 06/21/2019

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....
21:36, 06/18/2019

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....
00:00, 06/29/2019

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....
14:36, 06/18/2019

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....
20:00, 06/18/2019

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....
16:48, 06/29/2019

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

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....
17:12, 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....
13:12, 08/06/2019

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

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 th...
15:48, 06/18/2019

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 regula...
13:48, 08/21/2019

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 protectio...
06:12, 07/11/2019

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....
03:00, 08/21/2019

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...
09:12, 09/06/2019

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....
18:48, 06/18/2019

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....
12:24, 06/26/2019

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....
21:36, 09/13/2019

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 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 dig...
22:24, 07/16/2019

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 no...
20:36, 07/17/2019

Bitcoin fans spy opportunity in Facebook Libra launch Bitcoin’s backers are adamant that Facebook Inc.’s FB 4.24% coming digital currency, Libra, won’t spell the demise of other cryptocurrencies. To the contrary, many believe the launch of Libra spells o...
18:24, 06/18/2019

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...
21:12, 09/12/2019

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...
18:48, 09/12/2019

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 the...
20:48, 07/19/2019

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 grilled the social media company on its plans fo...
20:12, 07/16/2019

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 ...
15:12, 07/18/2019

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"....
13:36, 06/22/2019

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 representative...
00:24, 09/16/2019

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 importanc...
03:36, 07/13/2019

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 fo...
08:24, 07/18/2019

'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 lau...
00:00, 07/18/2019

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 ban...
20:00, 07/15/2019

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 overlooke...
06:00, 07/18/2019

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....
14:48, 06/25/2019

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....
14:48, 09/14/2019

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....
09:48, 06/19/2019

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 politi...
12:36, 07/16/2019

| 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....
13:48, 07/27/2019

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, does...
13:48, 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 subs...
23:48, 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...
13:00, 09/12/2019

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 grip...
13:12, 06/25/2019

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 M...
21:36, 09/13/2019

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....
12:24, 06/28/2019

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 politi...
15:12, 07/16/2019

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....
20:48, 07/12/2019

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 c...
18:48, 06/25/2019

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 int...
17:12, 09/13/2019

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....
11:12, 06/18/2019

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...
16:24, 07/02/2019

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 t...
15:36, 07/03/2019

Facebook will launch its Libra digital currency in 2020 Facebook has finally revealed plans to launch its new digital currency Libra next year. The tech giant said users would be able to use the coin through its apps and on Facebook-owned messaging service...
13:36, 06/18/2019

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...
13:48, 07/17/2019

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....
13:36, 07/17/2019

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 ...
04:24, 07/18/2019

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, accord...
10:48, 07/03/2019

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...
11:48, 07/03/2019

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....
12:12, 06/18/2019

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,...
20:24, 07/03/2019

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....
18:48, 08/05/2019

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 M...
18:00, 09/13/2019

| 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....
00:12, 09/04/2019

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 faile...
18:24, 06/26/2019

‘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....
16:00, 07/20/2019

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....
12:36, 07/17/2019

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 t...
16:00, 06/18/2019

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...
22:12, 09/12/2019

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 soc...
21:36, 09/04/2019

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. Natio...
19:36, 07/17/2019

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...
18:00, 07/15/2019

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....
00:36, 07/18/2019

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 w...
11:48, 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 polit...
17:24, 07/16/2019

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....
21:36, 07/08/2019

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 dependabilit...
06:00, 07/12/2019

Facebook's Libra seeks Swiss payment system license Facebook's Libra cryptocurrency project is seeking a Swiss payment system license, financial watchdog FINMA said on Wednesday, noting the breadth of the planned services would require broad oversight...
12:24, 09/11/2019

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...
12:36, 06/18/2019

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....
15:24, 08/27/2019

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....
21:36, 09/13/2019

Libra cryptocurrency must meet tough regulatory standards-U.S. Treasury The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing, a senior U.S. Treasury official said on Tuesday....
14:36, 09/10/2019

Facebook Says Libra Cryptocurrency to be Regulated by Swiss Financial 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 ban...
19:00, 07/15/2019

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...
17:24, 07/02/2019

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-mo...
20:02, 09/11/2019

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 laun...
11:36, 06/18/2019

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 sourc...
00:00, 07/18/2019

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 sai...
15:48, 09/10/2019

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....
18:24, 09/17/2019

UPDATE 1-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...
15:00, 07/17/2019

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 reg...
08:36, 06/19/2019

German finmin: 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 f...
15:48, 07/17/2019

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...
20:48, 07/18/2019

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 c...
21:24, 06/26/2019

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       ...
01:12, 07/04/2019

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...
13:24, 08/21/2019

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 Investmen...
13:36, 06/18/2019

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 reg...
21:36, 09/17/2019

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 no...
18:36, 07/17/2019

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 ...
18:12, 06/23/2019

'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 astrologic...
01:00, 06/21/2019

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, wi...
15:12, 06/24/2019

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 o...
20:12, 07/23/2019

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....
18:36, 07/25/2019

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 r...
17:12, 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 concerns•Facebook’s Libra launch will extend its global domination•All you need to know about Facebook’s new crypto...
14:36, 06/18/2019

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...
11:24, 07/09/2019

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.       ...
19:48, 06/18/2019

UPDATE 3-Facebook reveals Libra cryptocurrency, with lofty goals * Consumer privacy concerns and regulatory questions remain (Adds comments from French Finance Minister, U.S. Senator Mark Warner, graphic link; updates shares)...
18:48, 06/18/2019

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 Winkle...
13:36, 06/18/2019

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....
14:36, 09/12/2019

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....
18:12, 07/11/2019

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 Ge...
18:36, 07/16/2019

Fed's Powell expects Facebook's Libra to be topic among G7 finance chiefs Federal Reserve Chair Jerome Powell on Thursday said he expects concerns about Facebook Inc.'s proposed new crypto currency Libra to be a main topic of discussion next week when finance ministers and ...
18:12, 07/11/2019

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 t...
21:12, 06/18/2019

UPDATE 5-U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers bashed 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...
21:48, 07/17/2019

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 transacti...
22:24, 06/28/2019

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....
17:48, 08/20/2019

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....
09:48, 07/11/2019

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....
15:36, 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 soc...
19:51, 08/18/2019

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....
21:12, 06/18/2019

Weight Loss: Try This High-Fibre, High-Protein Salad To Lose Weight  If you think that salads are all about leafy greens and bland dressings, then it's time you change your perception a bit and try this salad, which is not only high on the health quotient but also......
17:24, 05/21/2019

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 th...
12:48, 06/21/2019

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 ...
21:36, 09/13/2019

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 https://www.ft.com/conten...
13:24, 06/21/2019

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 sai...
14:36, 09/10/2019

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....
00:00, 07/18/2019

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 Carne...
20:24, 06/20/2019

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....
20:24, 06/20/2019

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, Ban...
10:12, 06/21/2019

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

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 f...
15:48, 07/17/2019

France calls for EU-wide cryptocurrency rules amid Libra concerns The European Union needs to establish a common set of rules for cryptocurrencies to counteract risks posed by Facebook’s Libra, France’s Finance Minister Bruno Le Maire said today. According to Reuter...
18:48, 09/13/2019

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 ...
23:48, 07/15/2019

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 ...
03:00, 07/13/2019

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....
18:24, 09/17/2019

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 M...
13:00, 09/02/2019

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....
00:12, 07/13/2019

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 c...
17:00, 08/28/2019

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 loo...
22:48, 07/24/2019

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 beav...
12:48, 06/23/2019

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 Minister Philip Hammond....
19:48, 07/15/2019

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...
07:48, 06/19/2019

‘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, wo...
17:24, 07/18/2019

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......
02:48, 07/11/2019

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,...
08:48, 07/24/2019

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 pre...
23:24, 07/10/2019

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....
00:24, 06/19/2019

Facebook's cryptocoin Libra could become a worldwide currency, says CEO of fintech startup Tally "It literally threatens the governments that issue currency, the banks that store it and the actual transmission network," Tally's Jason Brown says....
21:00, 06/18/2019

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 ...
19:36, 07/15/2019

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....
18:12, 07/11/2019

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 ...
19:36, 07/15/2019

Swiss privacy office wants details on Facebook's Libra crypto project Switzerland's privacy watchdog said on Tuesday it has yet to receive a reply to a July 17 letter seeking details about Facebook's Swiss-based Libra cryptocurrency project, adding it needs the informat...
18:36, 07/23/2019

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....
10:24, 06/20/2019

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....
15:36, 09/11/2019

'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...
02:48, 06/20/2019

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 ...
10:00, 09/04/2019

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 ru...
07:00, 07/11/2019

Swiss group that's supposed to oversee privacy for Libra says it hasn't heard from Facebook at all The Swiss Federal Data Protection and Information Commissioner said on Tuesday it had not yet been contacted by Facebook about overseeing privacy protections for the Libra cryptocurrency....
20:24, 07/16/2019

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....
18:24, 07/19/2019

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 e...
16:12, 09/02/2019

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....
20:48, 07/10/2019

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...
15:48, 08/23/2019

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 sub...
03:36, 07/12/2019

‘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 Glob...
18:36, 06/17/2019

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 ...
12:24, 09/11/2019

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 pres...
23:24, 07/10/2019

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 ...
00:24, 07/16/2019

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,...
13:12, 06/21/2019

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...
10:12, 08/02/2019

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....
20:00, 07/24/2019

France to create a joint G7 cryptocurrency task force amid Facebook’s Libra woes France is putting together a Group of Seven Nations (G7) task force to explore how central banks can make sure cryptocurrencies adhere to money-laundering and consumer protection rules. That’s accordi...
23:48, 06/21/2019

Facebook is joining the crypto game. It's launching a Bitcoin-like currency called Libra Facebook unveiled a plan to create a new digital currency similar to Bitcoin, one that could drive more e-commerce and boost ads on its platforms.       ...
13:48, 06/18/2019

UPDATE 3-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 sub...
05:24, 07/12/2019

David Marcus, head of Facebook Libra cryptocurrency, grilled by skeptical Senate lawmakers Senate lawmakers said Tuesday they don't trust a plan by Facebook to devise and roll out an entirely new digital cryptocurrency system, the Libra, next year....
21:48, 07/16/2019

Bitcoin takes a tumble as US lawmakers grill Facebook on plans to introduce its own Libra cryptocurrency Reuters The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value. The devaluation comes after US lawmakers grilled Facebook on its plans to introduce its own cryptoc...
11:12, 07/17/2019

UPDATE 2-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 sub...
04:00, 07/12/2019

Facebook crypto chief defends Libra project amid claims the company has too much power The need to reiterate these points after only two weeks suggests Facebook will have an uphill battle getting people to trust the company with their finances....
20:12, 07/03/2019

Facebook's Libra must obey anti-money laundering rules: French central banker Facebook's planned global 'Libra' cryptocurrency must respect anti-money laundering regulations and it must seek banking licenses if it offers banking services, France's central bank chief said in a m...
13:12, 06/25/2019

Facebook says cryptocurrency Libra won't happen without 'full government approval' amid broad resistance Amid growing bipartisan resistance to its proposed digital coin, Facebook will tell lawmakers that it won't move forward with its Libra cryptocurrency without full government approval and regulatory o...
17:00, 07/16/2019

A Michigan congressperson said Facebook's Libra cryptocurrency reminded him of a 'platypus' but then decided it was more like a traveler's check (FB) Bill Clark/Getty Images David Marcus, head of Facebook's cryptocurrency efforts, testified at a House of Representatives Committee on Financial Services hearing about Libra, the social network's fort...
18:00, 07/18/2019

UPDATE 1-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,...
13:24, 06/21/2019

Facebook's Libra must obey anti-money laundering rules - French central banker Facebook's planned global 'Libra' cryptocurrency must respect anti-money laundering regulations and it must seek banking licences if it offers banking services, France's central bank chief said in a m...
12:36, 06/25/2019

'Outrageous conflicts of interest': Watchdog groups urge California Gov. Gavin Newsom to fire oil regulators Top California oil and gas agency employees held investments in companies they regulate, records indicate. Fracking permits are up sharply this year.        ...
08:48, 07/11/2019

U.S. regulators ask Deutsche Bank to explain "bad bank" proposal -FT U.S. regulators have sought explanation from Deutsche Bank AG about its "bad bank" proposal and its impact on U.S. operations at the loss-making German lender, the Financial Times reported on Monday....
07:36, 06/24/2019

U.S. regulators ask Deutsche Bank to explain 'bad bank' proposal: FT U.S. regulators have sought explanation from Deutsche Bank AG about its "bad bank" proposal and its impact on U.S. operations at the loss-making German lender, the Financial Times reported on Monday....
09:36, 06/24/2019