Disrupting the Dollar, Gold vs Bitcoin, Marvelous Montauk —The Ledger

On the shores of foggy Montauk, tech and finance executives gathered last week at Fortune’s Brainstorm Finance to talk about big ideas. Notably, they explored how the ethos of Silicon Valley is seeping into Wall Street, and asked whether big banks will be displaced–or if the old guard of the financial world will simply appropriate […]

Tala CEO: How Facebook’s Libra Cryptocurrency Can Help Companies Scale

Facebook’s ambitious plan to release its own cryptocurrency dubbed Libra has been met with an avalanche of concern from regulators worldwide. House Financial Services Chairwoman and U.S. Rep. Maxine Waters (D.-Calif.) called for Facebook fb to pause work on Project Libra, which is slated for release next year, for further regulatory scrutiny. Markus Ferber, a […]

Facebook Cryptocurrency: Calibra’s Privacy Implications

Despite a series of privacy stumbles, Facebook is forging ahead with plans to debut a new cryptocurrency called Libra. To bring the idea to fruition next year, the social network has created a new subsidiary called Calibra that will offer digital wallets designed to hold, send, and receive the virtual coins. But just how well […]

Facebook’s Project Libra: 5 Things to Know About the New Cryptocurrency

After months of speculation, Facebook finally announced details about its new cryptocurrency on Tuesday morning. The digital currency, called Libra, will be available starting next year to the billions of people who use Facebook services like Messenger, WhatsApp, and Instagram. If the new currency catches on, it has the potential to change how people save, […]

Facebook’s Cryptocurrency Ambitions Provoke Heated Debate—The Ledger

At a dinner last week, The Ledger observed Michael Casey and Paul Vigna, coauthors of The Age of Cryptocurrency and its blockchain sequel The Truth Machine, get into the sort of row that only coauthors (and perhaps long-married spouses) know. Casey downplayed Facebook’s seemingly omnipotent advantage in getting its cryptocurrency adopted and used, saying its […]