(source: en.wikipedia.org)
Alipay revealed that it will be banning any transactions related to bitcoin and other cryptocurrencies. Its announcement came the day after crypto exchange Binance tweeted that it is now accepting fiat currencies via Alipay, as well as via mobile messaging and payment app WeChat. Get the...
Cryptocurrency exchange Coinbase is rolling out an app aimed at professional investors and traders, the company said in a blog post on Thursday (Oct. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
It seems fitting that Libra’s make-or-break moments seem to be happening during October, which is, of course, tied to the Libra astrological sign. Depending on what you believe, fate is written in the stars – or at least in the case of the consortium-backed crypto,...
The Bank of England’s (BoE) Financial Policy Committee (FPC) has laid down a set of strict rules that Facebook’s Libra and other cryptocurrencies must follow in order to do business in Britain, Reuters reported on Wednesday (Oct. 9). Get the Full Story Complete the form...
Democratic senators Sherrod Brown of Ohio and Brian Schatz of Hawaii wrote letters to Visa, Mastercard and Stripe asking that the firms rethink their membership in Facebook’s Libra Association, Bloomberg reported on Tuesday (Oct. 8). Get the Full Story Complete the form to unlock this...
Vodafone, which is part of the Facebook Libra Association, a conglomeration of 27 different companies meant to guide the proposed cryptocurrency to fruition, is asking for the appointment of a chief executive who is not tied to Facebook at all. Get the Full Story Complete...
New regulation principles to govern digital currencies are in the works by the European Union’s finance commissioner after fears ignited by Facebook’s planned Libra coin launch, Reuters reported on Tuesday (Oct. 8). Get the Full Story Complete the form to unlock this article and enjoy...
The companies in charge of the stablecoin cryptocurrency Tether are being sued and accused of “propping and popping the largest bubble in history.” As a result, the plaintiffs say, $265 billion in crypto value simply disappeared. Get the Full Story Complete the form to unlock...
PayPal officially pulled its support of Facebook’s Libra initiative after it no-showed at the Libra Association meeting last week in Washington, D.C. PayPal’s endorsement of the Libra mission, signed by CEO Dan Schulman when Libra was officially unveiled in June, has also been removed from...
