Tag: libra

The Diem Association, formerly known as Libra, is reportedly in talks over selling off its assets to return capital to investors. The post Meta-backed Diem in talks to sell off…

The Meta-led group developing the cryptocurrency has been in discussions with investment bankers about selling the project’s intellectual property.

David Marcus, who was the head of cryptocurrency at Facebook’s parent company Meta, has announced that he will be leaving the company at the end of the year. Head Of…

David Marcus, one of the top executives at Meta Platforms and the co-creator of the yet-to-be-launched Diem digital currency, is leaving the company after seven years to pursue other projects.…

He leaves the stablecoin project, first announced in June 2019, as it continues to face stiff regulatory headwinds.

Facebook Inc. Chief Executive Officer Mark Zuckerberg comments on the company’s cryptocurrency plans during a House Financial Services Committee hearing. (Source: Bloomberg)

Australia needs to introduce new regulations for digital asset miners, such as tax discounts and a licensing regime for crypto exchanges, to be “competitive with Singapore, the UK and the…

Investors who are bullish on cryptocurrencies are betting more on the digital assets than stocks.

Federal Reserve Governor Randal Quarles, until recently the U.S. central bank’s top financial regulator, on Wednesday said he does not understand the arguments in favor of issuing a central bank…

The Coinbase NBA deal will make the only publicly traded crypto exchange the official sponsor of the NBA for the next handful of years.