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News Facebook’s crypto project Libra will be more similar to email tech than payment services such as PayPal, vice president of product at Calibra said. Speaking at the Web Summit in Lisbon on Nov. 5, Kevin Weil, vice president of product at Facebook's Calibra digital wallet unit, emphasized ..
News Calibra CEO David Marcus recently claimed that the Anti-Money Laundering (AML) standards of Libra — Facebook’s proposed stablecoin project — will be better than other payments networks. Citing statements from Marcus’ speech at the Money 20/20 conference in Las Vegas, finance publication Finex..
News In an interview with Cointelegraph on Friday, Oct. 18, United States Representative Warren Davidson gave his thoughts on the Securities Exchange Commission’s (SEC) flawed approach to regulating digital assets as well as Mark Zuckerberg’s upcoming Oct. 23 testimony before the House Financial S..
News David Marcus, the head of Facebook’s forthcoming cryptocurrency wallet Calibra, said that he is a fan of Bitcoin (BTC), but it is totally different than the proposed Libra stablecoin. Bitcoin is digital gold, Marcus SaysIn a Squawk Box interview on Oct. 16, Marcus stated that he has been loo..
News Head of Facebook's Calibra claimed that the recent withdrawal of the seven firms from the Libra Association has no impact on the project. Dropouts will still be able to work with LibraIn an interview with Yahoo Finance on Oct. 15, Calibra’s David Marcus argued that Facebook’s cryptocurre..
News Facebook has acquired the artificial intelligence-based chat-bot startup Servicefriend for customer service for Calibra, the digital wallet for Facebook’s planned Libra cryptocurrency. AI chatbots for Calibra’s customer serviceA Sept. 19 article by Israeli business newspaper the Marker report..
News David Marcus, the head of Calibra at Facebook, has said that a 2020 launch for Libra remains the company’s goal, despite regulators’ intense hostility toward the project. In an interview with Swiss newspaper NZZ on Sept. 20, he said that in the intervening time, the team behind Libra would ne..
Analysis Public authorities across the globe continue to press the developers of Libra, Facebook’s proposed stablecoin-like digital asset. On Sept. 16, Libra representatives met with the Committee on Payments and Market Infrastructure (CPMI), a part of the Bank for International Settlements (BIS)..
News CEO of Calibra, Facebook’s digital wallet for its proposed Libra stablecoin, has attempted to debunk the notion of Libra’s threat to the global financial system. Not new money but a better payment networkAmid the ongoing meeting between Libra founders and 26 global central banks in Basel, Cal..
News Representative Maxine Waters, chair of the United States House of Representatives’ Financial Services Committee, says the committee will continue to review Facebook’s proposed cryptocurrency Libra and the corresponding digital wallet Calibra. A priority for autumn 2019Waters announced the com..