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Facebook renames blockchain division after Libra confusion

May 27, 2020

Facebook has renamed its blockchain division, called Calibra, to distance it from the Libra digital currency that Facebook created. The blockchain team is building a digital wallet for Facebook's apps, which will eventually hold the Libra digital currency, but Facebook won't control the coin.

Facebook revamps Libra, plans multiple single-currency coins

April 16, 2020

Facebook and its partners said their Libra cryptocurrency project will now support multiple versions of the digital coins, the majority of which will be backed by individual fiat currencies like the U.S. dollar, as part of changes made to appease skeptical regulators worldwide.

Central bank, Facebook to meet on 'Libra'

THURSDAY, JULY 18, 2019

The Bank of Thailand will meet with representatives from Facebook to discuss the launch and implementation of the social media giant's cryptocurrency ‘Libra’ in Thailand.

Trump slams Facebook plan for new digital currency

FRIDAY, JULY 12, 2019

US President Donald Trump has taken to his favourite social media platform, Twitter, to pour scorn on Facebook’s plan to issue its own virtual currency, Libra.

SEC, Bank of Thailand keeping close eye on ‘Libra’

MONDAY, JULY 08, 2019

Thailand’s Securities and Exchange Commission (SEC) and the Bank of Thailand are working closely together in monitoring the development of Facebook’s digital currency “Libra” and preparing to deal with its impact, Praoporn Senanarong, SEC’s assistant secretary-general, said on Monday.

BOT ‘must closely study Facebook plan to launch Libra digital currency’

SUNDAY, JULY 07, 2019

Thailand should adopt a cautious position on Facebook’s proposed Libra digital currency and the Bank of Thailand should form a committee of experts to study the pros and cons of the proposal, according to Prinya Hom-anek, president and CEO of ACIS Professional Centre, a leading IT security training and consulting firm.

Bank of Thailand looks to head off possible problems with Facebook’s Libra cryptocurrency

FRIDAY, JULY 05, 2019

The Bank of Thailand (BOT) has set up a working team to look into the possible implications of Facebook’s plan to introduce a cryptocurrency known as Libra, said Siritida Panomwon Na Ayudhya, the bank's assistant governor for payment systems policy and financial Technology group.

The promise to be found in Facebook’s Libra

THURSDAY, JUNE 20, 2019

If it is not to be left behind, Thailand should take note of ground-shaking developments like this

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