Meta drops crypto project Diem due to regulatory roadblocks
The Diem Association has sold its intellectual property and tech assets to Silvergate Capital in a $182m deal.
Libra
Novi chief and co-creator of Diem David Marcus to leave Meta
Marcus is stepping down to pursue new entrepreneurial opportunities after seven years at the firm.
Facebook’s Libra could launch as early as January 2021
Novi’s digital wallet is “ready from a product perspective”.
Libra’s Second Wind
Some say slow progress of blockchain adoption is not just because of regulatory hurdles.
Facebook attempts to address concerns expressed by regulators on the original proposal
The tax problems with this proposal identified in our client briefing on Libra 1.0 remain unresolved.
Libra: Already a victim of fraud
According to the Facebook model, you steal a little and they bank the ad revenue.
Facebook’s Libra creating a shadow banking system, say US banks
US banks reckon Libra poses a threat to national monetary policy.
Top fintech stories this week – 27 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
RT @bondfintech: Thanks to @FinTech_Futures for the Best Embedded Finance Initiative award! 🏆 Couldn't have done it without our awesome par…
Programmable banking We are fast approaching the time finally being right for programmable #banking. fintechfutures.com/2022/05/progra…
Congratulations to the #BankingTechAwardsUSA 2022 winners! Take a look at the 2022 Banking Tech Awards winners fintechfutures.com/2022/05/congra…
FinTech Futures: Top five stories of the week – 20 May 2022 Here’s our pick of five of the top news stories from t… twitter.com/i/web/status/1…
.@MarketFinance raises debt financing from @DeutscheBank The company says the funds will be used to provide up to… twitter.com/i/web/status/1…
ICYMI #fintech funding round-up: @CertifID, @mybridgecard & Forward A handy round-up of the recent funding endeavo… twitter.com/i/web/status/1…
.@Finovate Spring 2022: @StarlingBank CEO Anne Boden on what big banks can do better Starling Bank CEO Anne Boden… twitter.com/i/web/status/1…
.@LSEGplc to acquire market data solutions provider @MayStreetTech The acquisition is expected to close in H1 202… twitter.com/i/web/status/1…