https://www.ecommercebytes.com/tag/libra/ Ecommerce Industry News Tue, 01 Feb 2022 01:37:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://www.ecommercebytes.com/wp-content/uploads/2017/06/EB_site_icon-150x150.gif https://www.ecommercebytes.com/tag/libra/ 32 32 https://www.ecommercebytes.com/2022/01/31/the-cryptocurrency-initiative-funded-by-facebook-is-no-more/ Tue, 01 Feb 2022 01:27:12 +0000 https://www.ecommercebytes.com/?p=227038 Remember when it looked like Facebook would help control the flow of cryptocurrency around the world? Facebook launched the Libra/Diem cryptocurrency initiative in June 2019 to great fanfare, but today, its assets were sold to Silvergate Capital Corporation. Companies had Read more]]> https://www.ecommercebytes.com/2021/12/20/facebook-payments-loses-another-executive/ Mon, 20 Dec 2021 15:24:21 +0000 https://www.ecommercebytes.com/?p=226816 Facebook payments is losing another executive just months after the company rebranded its payments unit to Novi. The co-creator of Facebook’s cryptocurrency initiative Tomer Barel is leaving the company in February. The news comes three weeks after the head of Read more]]> https://www.ecommercebytes.com/2021/05/04/ceo-says-ebay-is-looking-at-cryptocurrency-and-nfts/ https://www.ecommercebytes.com/2021/05/04/ceo-says-ebay-is-looking-at-cryptocurrency-and-nfts/#comments Tue, 04 May 2021 17:39:23 +0000 https://www.ecommercebytes.com/?p=18135 eBay CEO Jamie Iannone’s recent comments about cryptocurrency, as cryptic as they were, caused a stir. Monday’s CNBC interview was not the first time eBay expressed interest in crypto, but together with the CEO’s comments about NFTs, it led to Read more]]> https://www.ecommercebytes.com/2021/05/04/ceo-says-ebay-is-looking-at-cryptocurrency-and-nfts/feed/ 2 https://www.ecommercebytes.com/2019/10/04/paypal-pulls-out-of-facebook-crypto-currency/ https://www.ecommercebytes.com/2019/10/04/paypal-pulls-out-of-facebook-crypto-currency/#comments Fri, 04 Oct 2019 21:48:00 +0000 http://www.ecommercebytes.com/?p=14648 PayPal pulled out of the entity overseeing Facebook’s new crypto currency initiative. PayPal was reportedly spooked by backlash from regulators in and outside of the US. Facebook had announced the Libra Association in June, an independent, non-for-profit entity created to Read more]]> https://www.ecommercebytes.com/2019/10/04/paypal-pulls-out-of-facebook-crypto-currency/feed/ 1 https://www.ecommercebytes.com/2019/06/18/ebay-says-its-joining-cryptocurrency-initiative/ https://www.ecommercebytes.com/2019/06/18/ebay-says-its-joining-cryptocurrency-initiative/#comments Tue, 18 Jun 2019 19:33:56 +0000 http://www.ecommercebytes.com/?p=14000 Last month, eBay said it was not launching a cryptocurrency (“Cryptocurrency is not accepted as a form of payment on the eBay platform, nor is it part of our payments strategy”). Today, it signaled its openness to someday offering cryptocurrency Read more]]> https://www.ecommercebytes.com/2019/06/18/ebay-says-its-joining-cryptocurrency-initiative/feed/ 1 https://www.ecommercebytes.com/2019/06/18/facebook-paypal-ebay-among-those-behind-new-crypto-currency/ Tue, 18 Jun 2019 16:50:45 +0000 http://www.ecommercebytes.com/?p=13987 The value of currency is its wide acceptance, and the same is true of virtual currency. That helps explain why so many prominent technology and financial services firms are joining together to launch a new global crypto currency called Libra, Read more]]>