Tech giant IBM said it is receptive to helping Facebook on its Libra cryptocurrency plans, CNBC reported on Monday (Sept. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Facebook’s planned digital coin Libra will get half of its backing from the U.S. dollar, with other support from the euro, yen, sterling and Singapore dollar, Reuters reported on Friday (Sept. 20). Get the Full Story Complete the form to unlock this article and enjoy...
In an interview with Swiss newspaper NZZ, David Marcus, the Facebook executive in charge of proposed cryptocurrency Libra, said the project was moving forward and would be released in 2020 despite the global regulatory skepticism, according to a report by Reuters. Get the Full Story...
The various debates over crypto – security, volatility, their place within, or outside of, the central banking system – are far from settled. And against that backdrop comes … a new settlement coin. Get the Full Story Complete the form to unlock this article and...
The Finance Minister in Germany Olaf Scholz spoke out on Tuesday (Sept. 17) about proposed cryptocurrencies like Facebook’s Libra and said Berlin would reject them, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Before it publicly released its plans for Libra, Facebook met with the Finance Ministry, the central bank and regulators in the U.K. about the proposed cryptocurrency, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
You want fries with that crypto? Might have to wait a bit, especially on the international stage. 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...
Only five coins — altcoins to be exact. But may South Korea’s bid to delist those five coins on a single exchange, over privacy concerns, be a harbinger of things to come? Regulators seem to be drawing a bead on AML and the anonymous nature...
Calibra CEO David Marcus, who’s heading up the organization pushing the proposed Facebook cryptocurrency Libra, has taken to social media to dispel the idea that the crypto is a danger to the status quo of the global economy, according to reports. Get the Full Story...
