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Libra Association

Mastercard pulls out of Facebook’s Libra project

But now, Mastercard CEO, Ajay Banga has pulled out of Facebook's proposed cryptocurrency, Libra. Detailing the reasons why Mastercard has ditched the 'stable-coin' project, Banga blames three main concerns over compliance, monetisation and generally Facebook's tight-fisted grip over the...

Facebook considers pegging Libra to national currencies

In June 2019, Facebook unveiled a new global cryptocurrency - Libra - that it hoped would disrupt the current world financial system by giving users the chance to send and spend money at a next-to-nothing fee. When it was first introduced,...

Facebook officially forms Libra Association

In June 2019, Facebook unveiled a new global cryptocurrency - Libra - set to go public in 2020. When it was first introduced, Libra was made up of 28 founding members — including names like Mastercard, PayPal, Xapo Holdings Limited, Uber...

Visa drops out of Facebook’s Libra project

Earlier this year, Facebook revealed a plan to release a new global cryptocurrency called Libra. While the coin may only go public in 2020, it’s garnered much anticipation from crypto-enthusiasts and even more scepticism from crypto-critics.  When it was first introduced,...
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How can SA enterprises minimize the impact of network outages?

Internet and network outages are a constant threat to any enterprise in South Africa. Whether it’s an issue experienced...
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