David Marcus, who heads the Libra project for Facebook, said he was still aiming for a June 2020 launch of Libra, but acknowledged it could miss that target due to regulatory hurdles

JPMorgan had declined to join the project due to concerns the digital currency could be used for criminal activities that would violate money-laundering and sanctions rules

The latest exodus leaves the Libra Association without any remaining major payments companies as members, meaning it can no longer count on a global player to help consumers turn their currency into Libra and facilitate transactions

Zuckerberg is likely to be peppered with critical questions from lawmakers skeptical of Facebook's efforts to help launch a global cryptocurrency called Libra.

A parliamentary panel headed by Congress leader Shashi Tharoor has decided to examine the security and privacy of the citizens' data and review the functioning of the Unique Identification Authority of India (UIDAI), Lok Sabha Secretariat said on Friday

Chidambaram, who is lodged in Tihar Jail under judicial custody, has moved the top court, challenging the September 30 verdict of the Delhi High Court which had dismissed his plea seeking bail in the case.

\"Dunzo will deploy the funds to establish itself as the logistics layer for India, picking up and dropping almost anything and everything a consumer could want to buy and ship while integrating merchants and delivery partners on the platform,\" a statement said

Placing Lakshmi Vilas Bank under the prompt corrective action framework cannot be construed as RBI having made up its mind on the lender's merger proposal with Indiabulls Housing, governor Shaktikanta Das said Friday

The Finance Ministry on Friday said the Reserve Bank's decision to lower benchmark lending rate will complement recent measures taken by the government to accelerate growth

The Reserve Bank of India has raised the lending cap for microfinance institutions to Rs 1.25 lakh, against the earlier limit of Rs 1 lakh, to improve credit availability in rural and semi-urban areas

\"I really think that a currency should stay in the hands of countries. I'm not comfortable with the idea of a private group setting up a competing currency. A private company shouldn't be looking to gain power this way,\" Tim Cook says

Saudi Arabia to invest $100 billion in India; RBI to go for another rate cut of up to 25 basis points; government bans the export of all varieties of onions with immediate effect and more news on News Blast.

Facebook's Libra launch could be delayed over regulatory concernsThe launch of Facebook's cryptocurrency, Libra could be pushed back to tackle the regulatory concerns that have been raised around the world. Three months ago, Facebook announced plans to launch the digital currency in June 2020, in partnership with other members of the Libra Association. However the attempt to bring cryptocurrencies into the mainstream has since met with regulatory and political skepticism globall...

Libra will be backed by a reserve of real-world assets, including bank deposits and short-term government securities, and overseen by the 28-member association

The ASUS ROG Phone II features a 6.65-inch AMOLED display with 120Hz refresh rate, 1ms response time, 10-bit HDR support and an optical in-display fingerprint sensor

Opera Mini also features a unique download manager located in the browser menu. The download manager helps users identify their downloads from various websites and accelerates the download speed

Facebook is working on its own payment system for its family of apps, including WhatsApp