Cryptocurrency

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

(source: en.wikipedia.org)

Cryptocurrency
Facebook Preps For ‘Make Or Break’ Meeting In Geneva
October 09, 2019

It seems fitting that Libra’s make-or-break moments seem to be happening during October, which is, of course, tied to the Libra astrological sign. Depending on what you believe, fate is written in the stars – or at least in the case of the consortium-backed crypto,...

Cryptocurrency
Bank Of England Handing Down Strict Regulations For Libra
October 09, 2019

The Bank of England’s (BoE) Financial Policy Committee (FPC) has laid down a set of strict rules that Facebook’s Libra and other cryptocurrencies must follow in order to do business in Britain, Reuters reported on Wednesday (Oct. 9). Get the Full Story Complete the form...

Cryptocurrency
Mastercard, Visa, Stripe Warned By Senators To Beware Of Libra
October 09, 2019

Democratic senators Sherrod Brown of Ohio and Brian Schatz of Hawaii wrote letters to Visa, Mastercard and Stripe asking that the firms rethink their membership in Facebook’s Libra Association, Bloomberg reported on Tuesday (Oct. 8). Get the Full Story Complete the form to unlock this...

Cryptocurrency
Vodafone Wants Libra Head To Be Independent From Facebook
October 08, 2019

Vodafone, which is part of the Facebook Libra Association, a conglomeration of 27 different companies meant to guide the proposed cryptocurrency to fruition, is asking for the appointment of a chief executive who is not tied to Facebook at all. Get the Full Story Complete...

Cryptocurrency
Libra Fears Spark EU Promise To Govern Crypto
October 08, 2019

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...

Cryptocurrency
Lawsuit Accuses Tether Backers Of Popping ‘Largest Bubble In History’
October 07, 2019

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...

Cryptocurrency
What We’ve Learned From Libra
October 07, 2019

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...

Cryptocurrency
Coinbase CEO: US Should Support Libra Or ‘Get Left Behind’
October 06, 2019

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...

Cryptocurrency
PayPal Bails On Libra
October 04, 2019

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...