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Libra Association

FinTech

Mastercard pulls out of Facebook’s Libra project

Jenna Delport -
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...
FinTech

Facebook considers pegging Libra to national currencies

Jenna Delport -
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,...
Digital Transformation

Facebook officially forms Libra Association

Jenna Delport -
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...
Features

Visa drops out of Facebook’s Libra project

Jenna Delport -
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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Latest News

Artificial IntelligenceStaff Writer -

What Does Agentic AI Mean for Cybersecurity?

If you've ever felt frustrated booking trips, finding troubleshooting information, coordinating complex supply chains, or managing any elaborate environment,...
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