Facebook's Libra Faces Regulatory Headwinds

Facebook's Libra Faces Regulatory Headwinds

Facebook is Real Money's Stock of the Day. The social media giant has come under pressure from politicians on both sides of the aisle regarding their Libra cryptocurrency. TheStreet's Katherine Ross breaks down what investors need to know.

What Trump's Bank Charter Challenge Means for Facebook's Libra

What Trump's Bank Charter Challenge Means for Facebook's Libra

It is unclear how a 'libra' denominated transaction might be governed in the future and it might require the creation of an entirely new oversight entity.

Jim Cramer: What Bitcoin Taught Government Officials About Facebook's Libra

Jim Cramer: What Bitcoin Taught Government Officials About Facebook's Libra

Jim Cramer weighs in on his thoughts about Libra after Facebook's digital currency was criticized by President Trump and Federal Reserve Chair Jerome Powell.

Trump Trashes Bitcoin, Says Facebook May Need Banking Charter for Libra Launch

Trump Trashes Bitcoin, Says Facebook May Need Banking Charter for Libra Launch

President Donald Trump added his voice to a growing list of regulators and lawmakers who are concerned with Facebook's plans to launch a global digital currency that could challenge U.S. dollar hegemony and put financial stability at risk.

European Debt Markets, Uninverting Curve, Facebook's Libra, Trading Costco

European Debt Markets, Uninverting Curve, Facebook's Libra, Trading Costco

This matters: Why the sudden 'weakness' across European debt markets?

Facebook Falters Amid Political Pressure on Libra Digital Currency

Facebook Falters Amid Political Pressure on Libra Digital Currency

Surprise, surprise: Regulatory opposition toward digital currencies at home and abroad is rising against Facebook.

Trump Tweets Facebook's Libra 'Will Have Little Standing or Dependability"

Trump Tweets Facebook's Libra 'Will Have Little Standing or Dependability"

President suggests Facebook would have to seek bank charter to proceed with its cryptocurrency plans.

U.S. Behind on Cryptocurrency Rules as Facebook Presses Ahead, Top Lawmaker Says

U.S. Behind on Cryptocurrency Rules as Facebook Presses Ahead, Top Lawmaker Says

U.S. Rep. Maxine Waters, a California Democrat who heads the House Financial Services Committee, tells Federal Reserve Chair Jerome Powell that regulators aren't prepared for the emergence of cryptocurrencies, amid gnawing fears that Facebook's proposed digital currency, Libra, might serve to erode the supremacy of the U.S. dollar in the global financial system.

Facebook Won't Control Libra, Top Exec says

Facebook Won't Control Libra, Top Exec says

David Marcus, the Facebook exec in charge of Libra, defended the project amid widespread skepticism by lawmakers.

Goldman Sachs 'Absolutely' Wants In on Blockchain, Says CEO

Goldman Sachs 'Absolutely' Wants In on Blockchain, Says CEO

CEO David Solomon says he believes the future of payment systems is blockchain.