The Finance Minister in Germany Olaf Scholz spoke out on Tuesday (Sept. 17) about proposed cryptocurrencies like Facebook’s Libra and said Berlin would reject them, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Before it publicly released its plans for Libra, Facebook met with the Finance Ministry, the central bank and regulators in the U.K. about the proposed cryptocurrency, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
You want fries with that crypto? Might have to wait a bit, especially on the international stage. 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...
Only five coins — altcoins to be exact. But may South Korea’s bid to delist those five coins on a single exchange, over privacy concerns, be a harbinger of things to come? Regulators seem to be drawing a bead on AML and the anonymous nature...
Calibra CEO David Marcus, who’s heading up the organization pushing the proposed Facebook cryptocurrency Libra, has taken to social media to dispel the idea that the crypto is a danger to the status quo of the global economy, according to reports. Get the Full Story...
Global central bank officials met with leaders from both Facebook’s Libra Association and JPMorgan to discuss policies and regulation around new cryptocurrencies, the Bank for International Settlements (BIS) said in a press release on Monday (Sept. 16). Get the Full Story Complete the form to unlock...
Cubans are turning to digital currencies to get around U.S. sanctions. 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...
Libra Association representatives are getting ready to face questioning by 26 central banks over the potential peril the proposed cryptocurrency poses to financial strength, the Financial Times reported Sunday (Sept. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
France and Germany released a joint statement on Friday (Sept. 13) that calls out Facebook’s proposed cryptocurrency Libra as potentially harmful to the financial sector, warning that it could block the coin’s authorization in Europe. Get the Full Story Complete the form to unlock this...
