cryptocurrency

PAyPal

PayPal to open up network to cryptocurrencies

In a significant move, PayPal has said it will allow clients to hold bitcoin along with other digital coins on its own online wallet and shop utilizing cryptocurrencies in the 26 m...

Libra

Facebook’s Libra taps ex-HSBC exec as CFO of payments unit

Another former HSBC executive is heading into the Facebook-backed Libra cryptocurrency project, joining as chief financial officer of a unit tasked with handling the projected digi...

Libra

G7 draft: Facebook’s Libra must not start until properly regulated

Financial leaders of this world’s seven largest economies will state on Tuesday that they oppose the launch of Facebook’s Libra stablecoin before it’s properly re...

Crypto

Central banks eye digital cash to fend off crypto threat

The world’s largest central banks, as well as a few of those smaller ones are toying with the idea of issuing electronic currencies.

Bitcoin

British watchdog bans Bitcoin-based products for retail investors

The UK’s financial watchdog has said it will ban the sale to retail investors of products that monitor the purchase price of crypto-assets like Bitcoin, stating most men and ...

Panetta ECB Digital Currency

ECB must prepare to issue a digital euro

The European Central Bank should prepare to issue a digital euro to complement banknotes “if and when” it becomes necessary, ECB board member Fabio Panetta has said tod...

Libra

EU nations call for cryptocurrency curbs to protect consumers

Germany, France, Italy, Spain and the Netherlands called on the European Commission to draw up regulation for asset-backed cryptocurrencies to protect consumers and maintain state ...

Crypto

Bank of England says regulators must stay ahead of stablecoins

Financial regulators need to avoid playing catch up with electronic payment methods such as stablecoins and crypto-assets, the Bank of England’s new Governor Andrew Bailey ha...

Crypto

Welcome to the world of crypto lending

It appears to be a surefire bet. You lend money to a borrower that puts up collateral that exceeds the size of the loan, and then you earn interest of about 20%. What could possibl...

Bitcoin

UK to beef up City watchdog powers over crypto-assets

The UK’s finance ministry has proposed giving the City’s watchdog new powers to regulate crypto assets like bitcoin, and also outlined a crackdown on misleading sales l...

Twitter

Twitter silences verified accounts after wave of hacks

Some of the highest profile accounts on Twitter have been hijacked, with some of the platform’s top voices including those of US presidential candidate Joe Biden, former US P...

Bitcoin

Sources suggest Cryptocurrency exchange Coinbase readies stock market listing

Coinbase has started plans for a stock market listing that could come as early as this year, making it the first major US cryptocurrency exchange to go public, according to people ...

Libra

Singapore state investor Temasek joins Facebook’s Libra project

Singapore state investor Temasek Holdings has joined the Facebook-backed Libra digital currency project which has faced intense scrutiny from global regulators worried its launch c...

Bitcoin

Bitcoin goes through third ‘halving’, falls versus US dollar

Bitcoin slid in volatile trading, after it went through a technical adjustment that reduced the rate at which new coins are created, but the outlook remained upbeat as the increase...