(source: en.wikipedia.org)
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...
Coinbase CEO and co-founder Brian Armstrong tweeted that he thinks the U.S. should get on board with Facebook’s Libra, Cointelegraph reported on Saturday (Oct. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
And then there were 27. 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 this form, you agree to receive...
At a G20 meeting in the middle of October, European Union finance ministers will reportedly tell their counterparts that a worldwide regulatory response is needed to so-called stablecoins like Facebook’s Libra. The ministers are also asking for G20 partners to reform the taxation of digital...
