An anonymous reader quotes Reuters’ reports on some more bad news for the Geneva-based Libra Association: Facebook’s Libra project has failed in its current form and needs reworking to be approved, said the president of Switzerland where the cryptocurrency is seeking regulatory consent. “I don’t think (Libra has a chance in its current form), because central banks will not accept the…
Tag: Libra Association
Facebook Forges Ahead With Libra Despite Some Major Setbacks
“Facebook is facing a lot of pushback for Libra, its proposed cryptocurrency, but that’s not stopping the social media giant from forging ahead,” reports the Motley Fool: Earlier this week, it announced the 21 founding members of its digital token project at the signing of the Libra Association charter in Switzerland. The founding members include Uber, Lyft, Spotify, and PayU, among…