Mark Cliffe, chief economist at Dutch financial service firm ING, said central banks around the globe will have “fully fledged” cryptocurrencies in a matter of just two to three years, according to reports. Get the Full Story Complete the form to unlock this article and...
The association meant to manage and handle the debut of Facebook’s proposed cryptocurrency Libra has been dealing with some setbacks involving its acceptance, especially from Germany and France, who say they won’t allow the currency to move forward. Get the Full Story Complete the form...
When it comes to potential oversight of Facebook’s Libra, the head of the U.S. Securities and Exchange Commission declined to tell a congressional panel if the digital currency would be regulated as a security. Get the Full Story Complete the form to unlock this article...
For bitcoin, and perhaps cryptocurrencies in general, does the future lie in … futures? 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...
Bank of Japan Head Haruhiko Kuroda spoke to business leaders in Osaka about the importance of having a coordinated global plan to regulate Libra and other cryptocurrencies, Reuters reported on Tuesday (Sept. 24). Get the Full Story Complete the form to unlock this article and...
Tech giant IBM said it is receptive to helping Facebook on its Libra cryptocurrency plans, CNBC reported on Monday (Sept. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Facebook’s planned digital coin Libra will get half of its backing from the U.S. dollar, with other support from the euro, yen, sterling and Singapore dollar, Reuters reported on Friday (Sept. 20). Get the Full Story Complete the form to unlock this article and enjoy...
In an interview with Swiss newspaper NZZ, David Marcus, the Facebook executive in charge of proposed cryptocurrency Libra, said the project was moving forward and would be released in 2020 despite the global regulatory skepticism, according to a report by Reuters. Get the Full Story...
The various debates over crypto – security, volatility, their place within, or outside of, the central banking system – are far from settled. And against that backdrop comes … a new settlement coin. Get the Full Story Complete the form to unlock this article and...