The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like bitcoin in this way, even if communities of enthusiasts have been treating them ...
Business
Jun 26, 2019
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Federal Reserve chairman Jerome Powell said Tuesday the US central bank will be closely scrutinizing Facebook's newly announced cryptocurrency Libra with an eye toward potentially regulating the virtual coin.
Internet
Jun 25, 2019
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An international financial monitor warned world leaders Tuesday that wider use by retail shoppers of cryptocurrencies like Libra, unveiled last week by Facebook, would need "close scrutiny" by regulators.
Business
Jun 25, 2019
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When Mark Zuckerberg was five years old in 1989, two dominant players in telecommunications made a big announcement.
Internet
Jun 25, 2019
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Bitcoin surged to a near 16-month high above $11,000 Monday, overshadowing stock, foreign exchange and commodity markets and breathing new life into a sector that many had declared moribund.
Business
Jun 24, 2019
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Bank of England Governor Mark Carney is open to the idea of letting new payment services such as Facebook's upcoming Libra hold funds with the central bank—something previously limited to commercial banks.
Business
Jun 20, 2019
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Switzerland's market watchdog confirmed Thursday that it is contact with the "initiators" of Facebook's new cryptocurrency, as questions mount over how the money will be regulated.
Internet
Jun 20, 2019
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Facebook has unveiled libra, a cryptocurrency that will enable users to make international payments over Messenger and other group platforms like WhatsApp—perhaps from as soon as 2020.
Internet
Jun 20, 2019
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Facebook has announced a plan to launch a new cryptocurrency named the Libra, adding another layer to its efforts to dominate global communications and business. Backed by huge finance and technology companies including Visa, ...
Internet
Jun 19, 2019
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Facebook announced Tuesday (June 18) it will launch a global cryptocurrency called Libra in 2020, alongside the underlying blockchain-based network—a secure, transparent and decentralized digital lender—that will support ...
Business
Jun 19, 2019
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