As Vodafone quits, who’s left at Facebook’s Libra project? January 22, 2020 Vodafone has withdrawn from the organisation overseeing Facebook’s efforts to launch its Libra digital currency, making it the latest in a string of big companies to abandon the project. Facebook’s Libra project has faced intense scrutiny from regulators and politicians across the world over the social media giant’s plans for the launch of the stablecoin [...]
Fidelity’s cryptocurrency arm makes first move into Europe January 14, 2020 The cryptocurrency arm of investment giant Fidelity has made its first foray into Europe, striking a partnership with a London-based crypto asset manager. Fidelity Digital Assets will act as a custodian for a bitcoin held by Nickel Digital Asset management, the two companies announced. The partnership is designed to help address the lack of back-office [...]
Facebook Libra’s 2020 launch plan unclear, says board member December 19, 2019 Facebook’s Libra project does not have a solid strategy for how or where it will be introduced next year, a member of the board overseeing the controversial cyptocurreny’s launch has said. Libra is still on track to launch next year, but the scope of the roll out is dependent on progress in talks with regulators, [...]
Hargreaves Lansdown recruits Schroders veteran to board December 16, 2019 Hargreaves Lansdown has recruited Schroders’ global head of distribution, John Troiano, to join its board as an independent non-executive director. Troiano will join the board when he retires from Schroders at the end of 2019, after 38 years at the firm. He will also join the board of Hargreaves’ subsidiary asset managers, Hargreaves Lansdown Fund [...]