New regulation principles to govern digital currencies are in the works by the European Union’s finance commissioner after fears ignited by Facebook’s planned Libra coin launch, Reuters reported on Tuesday (Oct. 8). Get the Full Story Complete the form to unlock this article and enjoy...
The companies in charge of the stablecoin cryptocurrency Tether are being sued and accused of “propping and popping the largest bubble in history.” As a result, the plaintiffs say, $265 billion in crypto value simply disappeared. Get the Full Story Complete the form to unlock...
PayPal officially pulled its support of Facebook’s Libra initiative after it no-showed at the Libra Association meeting last week in Washington, D.C. PayPal’s endorsement of the Libra mission, signed by CEO Dan Schulman when Libra was officially unveiled in June, has also been removed from...
Coinbase CEO and co-founder Brian Armstrong tweeted that he thinks the U.S. should get on board with Facebook’s Libra, Cointelegraph reported on Saturday (Oct. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
And then there were 27. 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 to receive...
At a G20 meeting in the middle of October, European Union finance ministers will reportedly tell their counterparts that a worldwide regulatory response is needed to so-called stablecoins like Facebook’s Libra. The ministers are also asking for G20 partners to reform the taxation of digital...
Facebook’s proposed cryptocurrency Libra has had its fair share of scrutiny and regulatory issues, and now the Financial Times is reporting that PayPal is very close to leaving the 28-company coalition meant to help Libra gain legitimacy and come to fruition. Get the Full Story...
With the recent news that some of Libra’s backers are, at least for now, shying from vocal support for the Facebook cryptocurrency project, it’s worth taking stock of Libra’s vital signs. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Libra is taking its lumps, as regulators tighten scrutiny on that cryptocurrency project. 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....
