US
Facebook's Libra has been rebranded in an effort to gain regulatory approval by stressing project’s independence
The G20’s Financial Stability Board set out 10 recommendations for an international approach to regulating stablecoins
The project has been met with fierce resistance from officials
Facebook to reveal details about its plans for a global cryptocurrency called Libra
The social media giant is facing growing scepticism about its digital currency project Libra
Cryptocurrencies could also hinder cross-border efforts to fight money laundering and terror financing
Facebook’s ambitious efforts to establish a global digital currency called Libra suffered severe setbacks
Membership departures came after US senators sent letters to several financial firms
Major payment companies including Mastercard and Visa quit the group behind the project
Facebook-backed cryptocurrency Libra are having second thoughts as regulators unleash ire on the project