With aspirations to make projects like Facebook’s Libra redundant, euro zone central banks and governments are at work on a plan to roll out a public cryptocurrency. The bloc is also going after a stricter approach from a regulatory perspective in the event that Libra should...
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In Libra-land, the speed bumps, hurdles and possibly even roadblocks continue to spring up. 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...
The Libra Association is petitioning the Swiss Financial Market Supervisory Authority (FINMA) for a Swiss payment system license for its planned Libra cryptocurrency, Reuters reported on Wednesday (Sept. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Paris-based Financial Action Task Force (FATF), an organization which acts as the standard-setter for anti-money laundering (AML) standards around the globe, said it is closely watching the development of Facebook’s planned cryptocurrency, Libra, according to a report by Reuters. Get the Full Story Complete...
Where there are exchanges — where assets change hands between buyers and sellers — there are myriad ways to make money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Geneva-based, Facebook-led Libra cryptocurrency will have to adhere to stringent regulations, Reuters reported on Tuesday (Sept. 10). 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...
There are no plans for Twitter to create its own digital currency similar to Facebook’s Libra. 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,...
In China, the central bank will debut a state-backed cryptocurrency that initially will be issued to seven institutions in that country, Forbes reported this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...