Chief Economist Gita Gopinath of the International Monetary Fund (IMF) said it’s unlikely that digital currency — or a “synthetic hegemonic currency,” which is a digital basket of reserve currencies — would replace the dollar as the dominant global monetary unit, according to the Financial...
For a country that is striving mightily to go digital when it comes to financial services, it may be a bit curious that Qatar has seemingly put the brakes on cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Venkata S. Meenavalli, CEO of the cryptocurrency firm Longfin, has agreed to settle with the Securities and Exchange Commission (SEC) and pay $400,000 in disgorgement and penalties, the SEC announced on Friday (Jan. 3). Get the Full Story Complete the form to unlock this article...
Burger King is letting people pay their way in Venezuela with a new bitcoin partnership that enables cryptocurrency purchases, CoinTelegraph reported on Saturday (Jan. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Digital currencies, yes – but with limits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...
The co-founder of Bitmain Technologies, Micree Zhan, has filed a summons in the Cayman Islands to try and wrest back control of his company after an ouster, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and...
The former head of technology at Barclays, Mark Hipperson, is launching a digital bank called Ziglu that will serve both crypto and fiat accounts, according to a report by Cointelegraph. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A European Central Bank (ECB) policy maker is urging banks in the area to find alternatives to Facebook’s proposed cryptocurrency Libra, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The president of Switzerland, Ueli Maurer, said Facebook’s proposed cryptocurrency Libra cannot exist in its current form and will need to be altered if it’s going to be able to work as a viable currency, according to a report by Reuters. Get the Full Story...
