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Switzerland: Facebook’s Libra to seek payment license

In Libra-land, the speed bumps, hurdles and possibly even roadblocks continue to spring up. In reference to the regulatory climate, don’t expect...
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EU: Regulators probing Libra for antitrust issues

EU regulators are investigating if Facebook’s planned cryptocurrency will harm competition. European Competition Commissioner Margrethe Vestager said the move...
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EU: ECB’s Mersch warns Libra is ‘Facebook’s Siren Call’

Yves Mersch, European Central Bank’s key legal official, said that Facebook’s Libra stablecoin is “beguiling but treacherous” during a speech at the...
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EU: Vestager interested in Facebook’s Libra

According to a report from Bloomberg, Facebook’s Libra digital currency will be a focus for antitrust and financial regulators in the near...
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US: Facebook hires new lobbyist for Libra

The former policy executive of the crypto exchange Coinbase is heading a lobbying firm hired by Facebook to contend with US regulatory...
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EU: Regulatory pushback scares Libra backers

Some early supporters of Facebook’s proposed cryptocurrency Libra, spooked by the intense regulatory scrutiny both national and worldwide, want to distance themselves...
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EU: Facebook facing EU antitrust probe over Libra

Facebook is getting EU antitrust scrutiny over its Libra crypto project, Bloomberg reported. The European Commission has sent a questionnaire to groups tied to...

UK: Watchdog asks for more Libra info

The Information Commissioner’s Office (ICO) in the UK announced it sent out a statement to Facebook and 28 other outfits asking for more information...
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Switzerland: Libra regulator says Facebook hasn’t reached out

The Swiss regulator that Facebook claimed will oversee its cryptocurrency hasn’t heard from the social media giant, according to a report by CNBC. David Marcus,...

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