Royal Bank of Scotland reportedly in talks with Facebook's Libra Association
The fifth-oldest bank in the UK and one of the most recognised commercial banks in the world is reported to be in current talks with Facebook regarding Libra’s adoption. The Royal Bank of Scotland affirmed to be exploring innovative cryptocurrency services for its clients as well as looking forward to creating potential alliances in the blockchain industry.
The announcement was made by the RBS’s Head of Innovation, Kevin Hanley on Tuesday:
“We’re in discussions with Facebook around Libra and what it might be and where it might go.”
The relationship between RBS and Facebook is not new, in fact, they have been close partners since years ago. Natwest, a subsidiary RBS financial institution, was the first official body to welcome Facebook in the working place and they also have an exclusive team (called GAFAs) that works with tech giants such as Amazon, Apple, Google and certainly, Facebook.
Hanley also specified in his statements: “The conversations with Facebook about our involvement took many forms and shapes. We know the Facebook guys very well...Our relationship with Facebook goes back a long way.”
With over 18M clients, The Bank of Scotland may be everything Facebook is looking for right now. Until this moment, Libra has been backed by a consortium of 28 worldwide known companies such as MasterCard, Visa and Paypal. Nonetheless, Libra Association hasn't included any bank which is not a very good sign for investors. If Facebook does close a deal with the Royal Bank of Scotland, this could open the door for more financial institutions entering the game to not be left behind in the race.
Image licensed via Shutterstock
Get winning crypto tips in 5 minutes a day
Login or upgrade to Cryptonary Pro
Pro
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
$799
For your security, all orders are processed on a secured server.
What’s included?
24/7 Access to Cryptonary's Research team who have over 50 years of combined experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily Market Updates that cover the real data that shape the market (Macro, Mechanics, On-chain)
Curated list of the most lucrative upcoming Airdrops (Free Money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
Recommended from Cryptonary
