Tag: cryptocurrency
How Blockchain Technology Can Advance Sustainability
Blockchain technology can help further sustainability issues
The inexpensive technology offers a network that provides secure information instantly available
The low adoption rate of...
Davos Day 3: FinTech Giants Take on Central Banks on the...
Tech giants and government officials brought their simmering dispute over the future of cryptocurrency to the World Economic Forum, arguing over whether...
European Central Bank Explores Creating Its Own Digital Currency
The European Central Bank is leaning toward a “if you can’t beat them, join them” stance regarding digital currencies, recognizing shortcomings of...
China Central Bank to Target Blockchain, Other Technologies in New Fintech...
China’s Central Bank is preparing to launch a fresh round of regulations covering 17 financial services technologies, including blockchain, a high-ranking official...
Central Banks Wake Up to Embrace Financial Inclusion
It’s no surprise that European institutions are spearheading innovation and regulation of cryptocurrency, but this latest move will affect central banks around...
Congress Grills Zuckerberg for Pitching Libra as Solution for the Unbanked
Facebook CEO Mark Zuckerberg, testifying again today on Capitol Hill, faced pushback from members of Congress skeptical of his claims the social...
Former Trump Advisor, Fed Pick Moore to Launch Controversial Crypto Frax
A former Trump campaign advisor and unsuccessful Federal Reserve nominee is set to launch a new stablecoin backed by a pricing model...
Stablecoin Companies Prep for Mainstream as Big Banks, Facebook Launch Digital...
Key Takeaway: As big banks like Wells Fargo, JPMorgan offer stablecoin cryptocurrencies,...
Germany Ramps Up Libra Opposition as Banks Develop Competing “Stablecoins”
In the latest round of setbacks for Facebook’s planned Libra cryptocurrency, Germany ramped up its rhetoric against the electronic money today and...
Telegram’s GRAM Cryptocurrency Debut Will Raise User Interest and Regulator Scrutiny
Move over Libra: Messenger app Telegram may be set to steal Facebook’s thunder with the debut of its own long-awaited cryptocurrency by...
Global Tax Chiefs Increase Crypto Enforcement Efforts to Nail Tax Cheats
In a sure sign that cryptocurrency is close to becoming mainstream, governments around the world are stepping up efforts to make sure...
U.S. Fears Terrorist Bitcoin Misuse While Arab Americans Decry Discrimination
While the U.S. Treasury Department expressed concern that terrorist financiers could misuse digital currencies, including Libra and Bitcoin, anti-discrimination advocates say that...
Walmart’s Cryptocurrency Plan Aimed at Low-Income Customers
Walmart filed a patent for a cryptocurrency, saying a Blockchain-based currency would help the retail giant’s low-income customers who don’t have access...
Bitcoin Miners’ Use of Coal-Powered Energy Alarming to Some
As Bitcoin gains use in international transactions, and in providing finances to people without access to regular banks, critics are pointing to...
Disrupting Trade Finance with Blockchain: Huge Potential But Little Real Progress
In this age of advanced technology, the $10 trillion global trade finance industry hasn’t embraced innovation, instead maintaining its dependence on paper-based...
Goldman Sachs Wants to Dive ‘Further Than Ever Before’ Into Digital...
Goldman Sachs is expanding its digital asset team, signaling intentions to move “further than ever before” into crypto business, as big tech...
Hong Kong’s Diginex to Be Listed on Nasdaq as Crypto Companies...
Hong Kong crypto firm Diginex Ltd. announced plans to go public today, choosing a U.S. over an Asian stock exchange and seizing...
Facebook’s Marcus Defends Libra’s Financial Inclusivity
This week, David Marcus, Facebook’s vice president of messaging products, addressed one of the prominent criticisms of the global electronic currency since...
European, U.S. Regulators Mobilize to Curb Cryptocurrency
France plans to assemble a G7 task force to study how banks monitor cryptocurrencies like Facebook’s Libra, France’s central governor announced on...
Why Did MoneyGram Partner With Ripple – and What Does it...
Before the dust had settled on Facebook’s announcement that it planned to introduce a digital coin, MoneyGram rushed in and announced a...
Facebook’s Libra Will Have to Take On JPM Coin, Banking Giants...
Facebook’s foray into digital banking has set up a millennial vs. establishment clash, where in a reversal, the old guard got there...
Is Facebook’s Libra a Real Blockchain? No.
Tuesday morning, Facebook revealed plans for its new cryptocurrency, Libra, that is actively backed by tech giants like Visa, MasterCard, PayPal, eBay,...
Facebook Will Square Off Against Amazon, Apple in the Race Towards...
This week, Facebook joined Amazon, Apple and other big tech names as the race to implement a truly global digital currency and...
Facebook’s Libra Cryptocurrency May Spark Financial Revolution In the Developing World
The stars are aligning for crypto to go mainstream as Facebook has announced the launch of Libra, a new digital currency that...
After a Series of Disasters, Facebook Wants to Make Things Right...
Following a series of privacy and misinformation scandals and increasing regulatory probes, Facebook is keen to improve its image as a force...
The Promise and Risk of Bank-Backed Digital Coins
On Our Radar: Deals we are paying attention to, for their impact on industry.
Mitsubishi UFJ Financial Group Inc. (MUFJ), Japan’s largest bank, will roll...
Latest Funding Aims to Make Cryptocurrencies Simpler to Use
On Our Radar: Deals we are paying attention to for their impact on industry.
Cryptocurrency firms raised $850 million in 13 separate venture-capital deals involving...
Cryptocurrency Startup ConsenSys is Said to Seek Outside Cash
On Our Radar: Deals we are paying attention to for their impact on industry.
Ethereum giant ConsenSys is said to be seeking outside funding after...
China Moves to Ban Crypto Mining Farms
On Our Radar: Deals we are paying attention to for their impact on industry.
China is yet again trying to curb the rapid growth of...
Facebook Said to Seek Outside Funding for Crypto Project
On Our Radar: Deals we are paying attention to for their impact on industry.
For the first time in its history, Facebook is reportedly on the...
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