Lawmakers doubts over Facebook‘s planned cryptocurrency, Libra, is having a negative impact on bitcoin. The Wall Street Journal reported that bitcoin’s price fell to about $9,100. Before it rebounded later Wednesday (July 17), it had lost almost a third of its value after trading above...
Germany’s Finance Minister Olaf Scholz has joined the chorus of politicians that are worried about Facebook’s planned cryptocurrency, Libra. 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...
The U.K. government has developed a plan that aims to fight financial crimes, including “action on crypto-assets.” 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...
A group of companies in South Korea are collaborating on a blockchain network to be used for mobile authentication services, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Cryptocurrency exchanges in Canada will now only have to report transfers of more than CA$10,000 ($7,663). 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...
Turkey has unveiled a new economic plan that includes the use of blockchain technology, as well as the creation of a central bank digital currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
North Carolina Lieutenant Governor Dan Forest announced the launch of the North Carolina Blockchain Initiative to study the technology, virtual assets, smart contracts and digital tokens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Blockchain company Hdac Technology, which is backed by Hyundai, announced that it has entered into a strategic partnership with startup CasperLabs to work together on research, as well as consensus mechanisms and seamless integration, between their respective blockchains. Get the Full Story Complete the form...
European Central Bank (ECB) Executive Board Member Benoit Coeure has asked financial regulators to create a framework for crypto projects ahead of Facebook’s launch of its own digital currency, Libra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
