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Thursday, October 2, 2025
TopicLibra

Topic: Libra

Mark Zuckerberg’s attempt to relaunch Libra deserves a fair chance

Zuckerberg's plea for Libra, now called Diem, suggests Facebook is leaning more towards the kind of e-cash offered by PayPal or Alibaba than the revolutionary crypto dreams of Bitcoiners.

Facebook-backed crypto group rebrands Libra as Diem Network in hopes of fresh start

After Libra launched in June 2019, politicians and regulators raised concerns about privacy, money laundering and companies like Facebook taking power away from central banks.

To use cryptocurrency or not is no more a question in India. RBI must now fix payment market

Facebook’s Libra clearly demonstrates a demand for cheaper and faster global payments service. RBI must accelerate its research on payment methods to serve this demand.

Facebook scaling back Libra cryptocurrency will bring joy & relief to Asian central banks

A stablecoin like Libra could weaken effect of monetary policy on domestic interest rates and credit conditions, a risk for central banks in Asia.

Facebook’s biggest challenge with Libra might be its own reputation

Given Facebook's failures around privacy, a near-unanimous notion among US lawmakers is that the tech giant shouldn’t be trusted to create a new global currency.

Facebook has no plans for Calibra or cryptocurrency in India

Facebook says there are restrictions in India that prevent launch of Calibra and it will work with regulators to see if rules can be updated.

Modi govt sceptical about Facebook’s Libra cryptocurrency

Modi govt & RBI have virtually outlawed cryptocurrencies. RBI has placed restrictions & govt is drafting a law with stringent penalties on their use.

Both Modi govt & RBI are uncomfortable with Facebook’s cryptocurrency Libra

While the Reserve Bank of India has placed restrictions, the government is drafting a law with stringent penalties on their use.

Facebook’s Libra may be quite attractive in countries like India

Libra could be cheaper to use, and expand the reach of other applications, such as WhatsApp Pay, which is popularly used in India.

Facebook’s Libra cryptocurrency isn’t actually supposed to work

Installing Libra was not an empowering experience. It’s odd that a company like Facebook would release software in such a state.

On Camera

More Andhra-style prawn fry for Indian plates? How Naidu’s trying to blunt US tariff hit on aqua exports

Naidu attempts to shield aqua farmers after Trump’s tariff hits the shrimp farming sector in Andhra Pradesh, leading to the cancellation of 50% of the state's exports.

Finnish giant ICEYE to build signature radar microsatellites in India, offers full control to govt

Company builds microsatellites that are smaller, faster, cheaper to produce. ICEYE will develop & launch micro-satellites, hand them over to India, which will have full control & sovereignty.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.