EU finance ministers came to an agreement on Thursday (Dec. 5) that digital currencies like Facebook’s Libra have no place in the European Union unless the consequences and pitfalls are adequately sorted out, Reuters reported. Get the Full Story Complete the form to unlock this...
For China: Digital currency, yes. But not bitcoin. 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 European Central Bank (ECB) has considered using a public digital currency if international payments inside of Europe stayed too expensive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Japanese multinational conglomerate SoftBank has announced the launch of SBC Wallet Cards, which utilize its own encryption system, and boast multiple encryption mechanisms, as well as hot and cold wallet functions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Looking back at 2019, and at cryptocurrencies, we may well make the declaration that fraudsters got a lot more brazen … which may mean 2020 is the year lawmakers and regulators clamp down through a global, concerted effort to root out financial crime. Get the...
The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo! Finance. Get the Full Story...
There has been a larger amount of cryptocurrency crime this year than last, and criminals are getting away with more and more money, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The central bank in China has started a fresh suppression campaign on crypto in the country’s financial hub of Shanghai after President Xi Jinping said the country needed to speed up the development of blockchain technology, according to a report by Reuters. Get the Full...
A group of senators have introduced a bill that would classify Facebook’s proposed cryptocurrency Libra as a security under the law, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
