Singaporean sovereign wealth fund joins Libra

Temasek Holdings, a Singaporean state-owned investment firm, has joined Facebook’s digital currency project and become the first government-owned fund to join the association. Temasek is Singapore’s sovereign wealth fund and has over US$210 billion under management, including investments in Alibaba, Tencent, and Dell. The fund tweeted that it was looking forward to the potential ofContinue reading “Singaporean sovereign wealth fund joins Libra”

New partners Facebook and Jio Platforms both have top blockchain projects under their belt, but will they collaborate?

Facebook has had a messy history in India. In 2013, it established Internet.org, which aimed to offer free internet to millions in India at the cost of heavily restricting access to the internet. The company came under criticism for violating net neutrality, and in 2016, Facebook withdrew the platform from India after regulators rejected theContinue reading “New partners Facebook and Jio Platforms both have top blockchain projects under their belt, but will they collaborate?”