To allow users to borrow against their holdings, digital currency wallet and exchange company Blockchain.com unveiled a “Borrow” Service. The offering will provide loans in stablecoins that are denominated in U.S. dollars against bitcoin holdings kept in the Blockchain Wallet, Coindesk reported. Get the Full...
And now, in India, get ready for the crypto deluge. 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...
Andrew Bailey, the incoming governor of the Bank of England (BoE), said that he wasn’t sure about Facebook’s proposed digital currency, Libra, because he wasn’t sure about whether it had backing by actual assets, according to a report by Reuters. Get the Full Story Complete...
Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said that before they issue their own digital currencies, central banks around the world should attempt to get a better understanding of the pros and cons of the process, according to a report by Reuters. Get the...
A class-action lawsuit that threatened the world’s third-largest virtual currency, XRP, will continue, as it was not thrown out at the request of blockchain payment services provider Ripple, according to Bloomberg on Wednesday (Feb. 26). Get the Full Story Complete the form to unlock this...
Tagomi, a digital currency upstart, will reportedly become the newest Libra Association member. According to reports on Wednesday (Feb. 26), a formal announcement is to occur Friday or the week to come. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Central Bank of Canada said that while it will not be issuing a digital currency anytime soon, it will still develop a blueprint in case a pressing need becomes apparent, according to a report by Bloomberg. Get the Full Story Complete the form to...
The Commerce Department’s Bureau of Economic Analysis (BEA) in the U.S. wants to change a rule for a survey that compels financial service companies to reveal whether they have done any cross-border cryptocurrency transactions, according to a report by CoinDesk. Get the Full Story Complete...
Warren Buffett, the CEO of Berkshire Hathaway, continued his public aversion to cryptocurrency by once again disavowing it as having no value, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
