Digital currencies, yes – but with limits. 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...
The co-founder of Bitmain Technologies, Micree Zhan, has filed a summons in the Cayman Islands to try and wrest back control of his company after an ouster, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and...
The former head of technology at Barclays, Mark Hipperson, is launching a digital bank called Ziglu that will serve both crypto and fiat accounts, according to a report by Cointelegraph. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A European Central Bank (ECB) policy maker is urging banks in the area to find alternatives to Facebook’s proposed cryptocurrency Libra, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The president of Switzerland, Ueli Maurer, said Facebook’s proposed cryptocurrency Libra cannot exist in its current form and will need to be altered if it’s going to be able to work as a viable currency, according to a report by Reuters. Get the Full Story...
With the worldwide use of Facebook’s Libra, as well as other stable coins, the international development of China’s yuan could be hampered. Also, they could lead to fluctuating asset prices and weaken the impacts of capital controls, Reuters reported, citing the central bank’s vice governor,...
A new form of cryptocurrency, called Saga, launched this week, with an eye toward answering some of the looming questions about the form. Saga was designed with the help of economics experts, such as Myron Scholes, the Nobel Prize-winning professor; Jacob Frenkel, outgoing chairman of...
Federal Reserve Gov. Lael Brainard on Wednesday (Dec. 18) outlined key risks associated with cryptocurrency in general and Facebook’s Libra in particular. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Perhaps call it “habeas corpus” of a different sort. 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,...