IBM Open to Collaboration with Facebook on Libra Project

Libra is a Form of Asset Tokenization IBM Endorses Blockchain, Not Bitcoin IBM is open to collaborating with the Libra project by Facebook, said Jason Kelley, IBM general manager of blockchain services. Kelley believes blockchain is about collaboration between projects, he commented in a CNBC interview. IBM is one of the largest companies dedicated to exploring blockchain…

Libra Association Seeks Swiss Payments License for Stablecoin

The Libra Association, or which Facebook is a member, is seeking a payment system license under Switzerland’s Financial Market Supervisory Authority (FINMA) for its planned stablecoin project, Reuters reported on Sept. 11. “Regulated, low-friction, high-security” blockchain payments In an official statement today, the Switzerland-registered Libra Association — a not-for-profit membership organization established to govern the…

Facebook’s Calibra Digital Wallet Will Not Be Available in Its Largest Markets

Facebook’s Calibra digital wallet will not be available in some of the social network’s largest markets, including India, according to a TechCrunch report on June 19. A spokesperson told the website: “The libra blockchain will be global, but it will be up to custodial wallet providers to determine where they will and will not operate. Calibra won’t be available in U.S.-sanctioned countries or countries…

LINE Messaging App Refuses to Be Left Out by Opening a Crypto Exchange

As cryptocurrency knowledge and enthusiasm consistently grows, the sector will continue to experience inflow from traditional players and institutions. There are already a few big names making their way into the sector, integrating blockchain and cryptocurrency with their business services and in some cases, offering these solutions to members of the general public. Facebook, for example, has…