While Facebook is aiming to have its Libra crypto power transactions and provide access to financial services to those without bank accounts, European central bankers are claiming oversight over the digital currency. They want to make sure that the digital currency isn’t used for money...
Bank of England (BOE) Governor Mark Carney said Facebook’s newly-announced cryptocurrency, Libra, can’t be the same unregulated type of service that Facebook is, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
News of the launch of Facebook cryptocurrency Libra has highlighted how the U.S. government will respond to the introduction of new digital currencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The announcement of Facebook’s Libra has buoyed other cryptocurrencies, especially Bitcoin, which gained in the neighborhood of 12 percent this week, to $9,477. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Amid the news this week that a new cryptocurrency would debut — that would be Facebook’s Libra, of course — might the regulatory landscape be shifting enough so that the institutionalization of crypto, for trading and perhaps for commerce, hits a few snags? Get the...
Facebook’s Tuesday (June 18) news of the launch of its Libra cryptocurrency was heard around the world, and the Group of Seven (G7) nations definitely noticed, with the coalition calling for an investigation into the supposed risks of cryptocurrencies and how they would affect the...
As bitcoin hovers around $9,100, as Libra may (or may not) give the marquee cryptocurrency a run for its virtual money, it’s worth noting what lies behind the wild price swings — especially the ones that have ramped prices from sub $4,000 levels in short...
The announcement of Libra, Facebook’s new cryptocurrency, has run into immediate political opposition in Europe, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
For bitcoin — and for cryptocurrency brethren — a stretch of calm before the storm? 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,...
