David Marcus reveals that Libra was killed by political pressure after satisfying regulators, with Treasury Secretary Janet Yellen warning Fed Chair Powell it would be 'political suicide'.
A journalistic investigation reveals that Argentina's President Javier Milei signed an advisor agreement with Kelsier Ventures CEO Hayden Davis, designating Davis as an ad-honorem blockchain and AI advisor, two weeks before the controversial Libra token launch. The nondisclosure clause and Milei's failure to disclose this link deepen his involvement in the $100 million loss scandal.
David Marcus, former head of Libra at Meta, reveals that Treasury Secretary Janet Yellen killed the project by threatening Fed Chair Powell with 'political suicide', despite full regulatory compliance. He calls it a '100% political kill' via bank intimidation, echoing Chokepoint 2.0 claims.
David Marcus, former head of Libra at Meta, revealed the project was killed for purely political reasons after meeting all regulatory demands. Treasury Secretary Yellen warned Fed Chair Powell that approval would be 'political suicide', and the project was executed through intimidation of captive banking institutions.
Latin America’s crypto and fintech scene saw three major developments: B3 plans a stablecoin for Q1 2026, new reports shed light on Libra’s launch in Argentina, and Nubank is exploring a bank acquisition to meet Brazilian regulatory requirements.
Latin America’s crypto landscape saw three major developments: B3 plans a stablecoin for tokenized asset trading, new reporting raises fresh questions about Libra’s rollout in Argentina, and Nubank is studying a bank acquisition to address Brazilian regulatory requirements.
Latin America’s crypto and fintech landscape is seeing three major developments: B3 plans a stablecoin for tokenized asset trading, new reports revisit Libra’s launch in Argentina, and Nubank weighs buying a small bank to meet Brazilian rules.
Brazil’s B3 plans to launch a stablecoin in Q1 2026, Libra’s rollout in Argentina faces new scrutiny, and Nubank is reportedly exploring a bank acquisition to meet Brazilian regulatory rules.
