The world's largest social media site spent more than $4.1 million on lobbying, the most among big internet platforms
There was, however, no impact on the company's operations
The digital yuan can disrupt both traditional banking and the post-Bretton Woods system of floating exchange rates.
The Libra Association said that more than 1,500 entities have expressed interest in joining the digital currency project
Facebook announced in June it's trying to create the new cryptocurrency using similar technology to that of Bitcoin, saying it would lower the cost of payments and money transfers
They join PayPal Holdings Inc which exited the group a week ago, as global regulators continue to air concerns about the project
"Libra is not welcome on European soil," French Economy Minister Bruno Le Maire told reporters the sidelines of the annual meetings of the World Bank and International Monetary Fund
The leading online social network said its profit topped $6 billion on revenue that climbed 28 per cent to $17.4 billion in the quarter that ended on September 30
Technology has enabled us to complete transactions efficiently with good protection. The last thing we need is a new vehicle for nurturing illicit activities
The rupee opened on a strong note and soared 35 paise to 69.79 a dollar against the previous close of 70.14
The domestic unit on Friday appreciated by 38 paise to close at a two-week high of 71.42 on Friday led by a rally in domestic equities and renewed hopes of the US-China trade talks.
There isn't a great deal you can do but there are a few precautions you can take as a citizen
Cryptocurrencies may also get a boost after China's state-owned news agency Xinhua reported the country plans to speed up development of blockchain technology and industry
Despite some top-notch firms pulling out, Facebook and 20 partner organisations have formally launched the digital currency Libra project
Here's a selection of Business Standard opinion pieces for the day