Global central bank officials met with leaders from both Facebook’s Libra Association and JPMorgan to discuss policies and regulation around new cryptocurrencies, the Bank for International Settlements (BIS) said in a press release on Monday (Sept. 16). Get the Full Story Complete the form to unlock...
Cubans are turning to digital currencies to get around U.S. sanctions. 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...
Libra Association representatives are getting ready to face questioning by 26 central banks over the potential peril the proposed cryptocurrency poses to financial strength, the Financial Times reported Sunday (Sept. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
France and Germany released a joint statement on Friday (Sept. 13) that calls out Facebook’s proposed cryptocurrency Libra as potentially harmful to the financial sector, warning that it could block the coin’s authorization in Europe. Get the Full Story Complete the form to unlock this...
With aspirations to make projects like Facebook’s Libra redundant, euro zone central banks and governments are at work on a plan to roll out a public cryptocurrency. The bloc is also going after a stricter approach from a regulatory perspective in the event that Libra should...
There are many forms of nationalism. Ethnic nationalism. Cultural nationalism. 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,...
In Libra-land, the speed bumps, hurdles and possibly even roadblocks continue to spring up. 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...
The Libra Association is petitioning the Swiss Financial Market Supervisory Authority (FINMA) for a Swiss payment system license for its planned Libra cryptocurrency, Reuters reported on Wednesday (Sept. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Paris-based Financial Action Task Force (FATF), an organization which acts as the standard-setter for anti-money laundering (AML) standards around the globe, said it is closely watching the development of Facebook’s planned cryptocurrency, Libra, according to a report by Reuters. Get the Full Story Complete...
