Ibahagi ang artikulong ito
Tensions Rising at Facebook Libra as Backers Consider Quitting: Report
Several backers of Facebook's Libra cryptocurrency project are said to be considering backing out due to growing "pushback" from regulators.
Several backers of Facebook's Libra cryptocurrency project are said to be considering backing out due to growing pressure from regulators.
According to a report from the Financial Times, three of the firms (which were not named) expressed concerns over being seen to be linked to the project after watchdogs around the world raised concerns over its potential threat to financial stability.
STORY CONTINUES BELOW
Huwag palampasin ang isa pang kuwento.Mag-subscribe sa Crypto Daybook Americas Newsletter ngayon. Tingnan lahat ng newsletter
The EU was recently reported to have even moved to investigate the Libra Association over potential antitrust issues. Over in the U.S., lawmakers have called for Libra to be halted until regulatory issues have been addressed.
As a result, two of the firms are considering pulling out of the Libra project, the FT said.
Since its debut in mid-June, Libra is said to have been joined by 28 member firms who have paid up to $10 million to be part of the project. These include major firms such as Visa, Mastercard, Paypal and Uber. Visa's CEO revealed last month that the firms had signed "nonbinding letter of intent to join Libra," and were not yet fully committed to the enterprise.
“It's going to be difficult for partners who want to be seen as in [regulatory] compliance" to be publicly supporting Libra, one of the companies told the FT. A Libra backer also said that Facebook should have addressed the regulatory issues before announcing the project to lessen the "pushback."
The frustrations appear to be going both ways, with the sources saying that Facebook itself is unhappy that the Libra Association members aren't voicing support for the project.
“Facebook is tired of being the only people putting their neck out,” said one of the members.
Facebook and the Libra Association would not comment when contacted by the FT.
Facebook CEO Mark Zuckerberg image via Shutterstock
Higit pang Para sa Iyo
Ano ang dapat malaman:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Higit pang Para sa Iyo
Japan’s Higher Rates Puts Bitcoin in the Crosshairs of a Yen Carry Unwind
A stronger yen typically coincides with de-risking across macro portfolios, and that dynamic could tighten liquidity conditions that recently helped bitcoin rebound from November’s lows.
Ano ang dapat malaman:
- The Bank of Japan is expected to raise interest rates to 0.75% at its December meeting, the highest since 1995, affecting global markets including cryptocurrencies.
- A stronger yen could lead to de-risking in macro portfolios, impacting liquidity conditions that have supported bitcoin's recent recovery.
- Governor Kazuo Ueda indicated a high probability of a rate hike, with officials prepared for further tightening if their economic outlook supports it.
Top Stories
