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Facebook Urged to Place Libra Cryptocurrency Initiative on Hold

U.S. House Financial Services Committee Chairwoman Maxine Waters wants Facebook to solve a plethora of other issues before it entertains developing the Libra cryptocurrency. Bloomberg Skift Take: If the Facebook-inspired Libra cryptocurrency were ever to be one of the solutions travel and other companies might deploy to resolve global payment issues, they might want to […]

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Facebook’s New Libra Cryptocurrency Could Solve Travel Payments Dilemma

Facebook co-founder and CEO Mark Zuckerberg is behind the planned launch of a new digital currency, Libra. Lionel Laurent / Bloomberg Skift Take: Cryptocurrency is only in its early days, but already it’s easy to see how its mission to democratize the financial system might be co-opted. And do currency reformers really need Facebook, with […]