Cryptocurrency

Cryptocurrency
ING: Central Banks Will Soon Create Their Own Crypto
September 27, 2019

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...

Cryptocurrency
Libra Association Continues Push For European Acceptance
September 27, 2019

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...

Cryptocurrency
SEC Chairman Mum On Whether Libra Qualifies As Security
September 24, 2019

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...

Cryptocurrency
Futures May Not Be The Way Of Crypto’s Future
September 24, 2019

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...

Cryptocurrency
Japan’s Central Bank Chief Pushes For Global Effort To Regulate Libra 
September 24, 2019

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...

Cryptocurrency
IBM Willing to Give Facebook A Helping Hand With Crypto
September 23, 2019

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...

Cryptocurrency
Facebook’s Libra Will Get 50 Percent Backing From US Dollar 
September 23, 2019

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...

Cryptocurrency
Marcus Says Facebook’s Libra Will Move Forward
September 20, 2019

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...

Cryptocurrency
Wells Fargo To Pilot Digital Coin
September 19, 2019

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...