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⿻ 2274 results found.

 
Title
Description
Date
Japan to lead development of SWIFT network for cryptocurrency: source
Japan's government is leading a global push to set up an international network for cryptocurrency payments, similar to the SWIFT network used by banks, in an effort to fight money laundering, a person familiar with the plan said on Thursday.
Jul 17
07:36 PM
Japan urges G7 to think beyond existing rules in dealing with Libra
Japanese Finance Minister Taro Aso on Wednesday urged his G7 counterparts to make a comprehensive assessment of Facebook Inc's Libra digital currency for any fresh challenges that could be overlooked by existing regulations.
Jul 17
05:16 PM
G7 finance leaders voice skepticism over Libra: Japan finance minister
Japan's Finance Minister Taro Aso said on Wednesday that various voices of skepticism over Facebook Inc's Libra digital currency surfaced at a gathering of Group of Seven (G7) finance leaders.
Jul 17
03:36 PM
Smaller cryptocurrencies feel pain as criticism of Facebook's Libra grows
Bitcoin hasn't been the only casualty of the backlash by the world's major economic powers against Facebook's plans for a cryptocurrency, with smaller digital coins also feeling the burn. (BTC )
Jul 17
10:51 AM
World's policymakers ready for action to control Libra: Italy's Tria
The world's top financial policymakers gathering in France on Wednesday are worried about Facebook's plans to launch a digital currency and have decided to act to keep this initiative in check, Italy's finance minister said on Wednesday.
Jul 17
09:36 AM
U.S. lawmakers challenge Facebook over Libra cryptocurrency plan
U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted.
Jul 17
08:51 AM
IMF says regulators must address possible risks from Facebook's Libra
Facebook Inc's planned cryptocurrency Libra could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential
Jul 17
08:06 AM
Facebook faces more scrutiny from Congress over Libra cryptocurrency plan
Facebook Inc faces more questioning by U.S. lawmakers on Wednesday over its planned cryptocurrency, after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted.
Jul 17
07:41 AM
German finance minister: Libra cryptocurrency must wait for regulatory clarity
Facebook cannot go ahead with its plans to launch its digital coin Libra until all regulatory issues are dealt with, German Finance Minister Olaf Scholz said on Wednesday as he met with counterparts from G7 countries.
Jul 17
06:41 AM
German finmin: Libra cryptocurrency must wait for regulatory clarity
Facebook cannot go ahead with its plans to launch its digital coin Libra until all regulatory issues are dealt with, German Finance Minister Olaf Scholz said on Wednesday as he met with counterparts from G7 countries.
Jul 17
06:21 AM
Facebook to face more scrutiny from Congress on Libra
Facebook Inc will face more questioning on Wednesday by U.S. lawmakers over its planned cryptocurrency after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted.
Jul 17
04:11 AM
Making sense of chaos? Algos scour social media for clues to crypto moves
After months of relative calm in cryptocurrency markets, bitcoin exploded back into life in April with its sharpest price jump in over a year - but few people could convincingly explain why.
Jul 16
11:21 PM
INSIGHT-Making sense of chaos? Algos scour social media for clues to crypto moves
After months of relative calm in cryptocurrency markets, bitcoin exploded back into life in April with its sharpest price jump in over a year - but few people could convincingly explain why.
Jul 16
11:11 PM
Bitcoin tumbles as U.S. senators grill Facebook on crypto plans
The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies. (BTC )
Jul 16
12:21 PM
UPDATE 1-Bitcoin tumbles as U.S. senators grill Facebook on crypto plans
The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies. (BTC )
Jul 16
12:16 PM
Facebook should not be trusted with 'crazy' cryptocurrency plan: senators
Democratic and Republican lawmakers said on Tuesday that Facebook Inc's track record of what they described as untrustworthiness should stand in the way of it launching a digital currency, labeling the plan
Jul 16
12:16 PM
Bitcoin falls below $10,000 after Facebook grilled on crypto plans
Bitcoin fell 8% on Tuesday, breaching $10,000 for the first time in two weeks after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies. (BTC )
Jul 16
09:56 AM
Senators grill Facebook on its plans for Libra cryptocurrency
Facebook Inc is
Jul 16
08:26 AM
UPDATE 1-Germany's Scholz sounds alarm on cryptocurrencies such as Facebook's Libra
(Adds detail on Libra structure)
Jul 16
08:16 AM
Senate opens hearing into Facebook plans for Libra cryptocurrency
U.S. lawmakers from both sides of the aisle were set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after it shocked regulators and lawmakers with an announcement on June 18 that it was hoping to launch a new digital coin called Libra in 2020.
Jul 16
07:41 AM
Brazil fintech Nubank takes aim at small business owners
Brazilian financial startup Nu Pagamentos SA is planning to launch digital accounts for small business owners, expanding its product portfolio beyond individuals, it said in a statement on Tuesday.
Jul 16
07:36 AM
IMF must adapt to China's rise, fintech, to stay relevant: Lipton
The International Monetary Fund must continue to adapt to rising economic powers such as China and new financial technologies to remain relevant in its next 75 years, the fund's acting managing director said on Monday.
Jul 16
07:06 AM
France to approve first crypto-issuers as new rules loom
France's financial watchdog is poised to approve a first tranche of cryptocurrency-related companies under new rules on digital coins, some of the first such regulations to be launched by a major economy.
Jul 16
04:36 AM
Germany's Scholz sounds alarm on cryptocurrencies such as Facebook's Libra
German Finance Minister Olaf Scholz said regulators must ensure that cryptocurrencies such as Facebook 's planned digital coin Libra do not threaten financial stability and consumer privacy.
Jul 16
04:31 AM
Senate to grill Facebook over plans for Libra cryptocurrency
U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after it shocked regulators and lawmakers with an announcement on June 18 that it was hoping to launch a new digital coin called Libra in 2020.
Jul 16
04:16 AM
Factbox - Blockchain projects: A status update
Banks, exchange operators and other companies are investing billions of dollars to find uses for blockchain, a digital ledger used by cryptocurrencies like bitcoin.
Jul 16
03:16 AM
Wall Street finds blockchain hard to tame after early euphoria
Two years ago Nasdaq Inc and Citigroup Inc announced a new blockchain system they said would make payments of private securities transactions more efficient. Nasdaq Chief Executive Adena Friedman called it
Jul 16
03:11 AM
U.S. Senate to grill Facebook over plans for Libra cryptocurrency
U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe.
Jul 16
03:06 AM
FOCUS-Wall Street finds blockchain hard to tame after early euphoria
Two years ago Nasdaq Inc and Citigroup Inc announced a new blockchain system they said would make payments of private securities transactions more efficient. Nasdaq Chief Executive Adena Friedman called it
Jul 16
03:06 AM
Savings platform Raisin taps Goldman for top-up investment
Raisin, a Berlin-based savings and investment marketplace, said it had tapped investment bank Goldman Sachs for top-up funding as it joins other European fintech players in targeting the U.S. market.
Jul 16
12:06 AM
Facebook vows Libra currency will wait for approval as U.S. airs worries
Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying he had serious concerns it could be used for illicit activity.
Jul 15
01:26 PM
Mnuchin says Facebook cryptocurrency needs safeguards against money laundering
U.S. Treasury Secretary Steve Mnuchin on Monday voiced serious concern that Facebook Inc's proposed Libra cryptocurrency could be misused for money laundering, adding to the growing regulatory skepticism of the social media company's digital asset plans.
Jul 15
12:01 PM
Mnuchin says Facebook must enact proper safeguards against illicit use, money laundering
U.S. Treasury Secretary Steve Mnuchin said on Monday that the Treasury department has serious concerns that Facebook Inc's proposed LIBRA cryptocurrency could be misused for money laundering, adding to the growing regulatory skepticism of the company's digital asset plans.
Jul 15
11:31 AM
U.S. Treasury's Mnuchin to give briefing on cryptocurrency on Monday
U.S. Treasury Secretary Steven Mnuchin will give a briefing on cryptocurrency at 2:00 pm ET (1800 GMT) on Monday from the White House briefing room, a White House official said.
Jul 15
11:01 AM
US Treasury's Mnuchin to give briefing on cryptocurrency on Monday
U.S. Treasury Secretary Steven Mnuchin will give a briefing on cryptocurrency at 2:00 pm ET (1800 GMT) on Monday from the White House briefing room, a White House official said. (Reporting by Jeff Mason Editing by Chizu Nomiyama)
Jul 15
10:51 AM
Facebook official says regulatory concerns to be addressed before Libra launch
Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are fully addressed.
Jul 15
08:46 AM
Facebook's Marcus says regulatory concerns to be 'fully addressed' before Libra launch
Facebook's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company does not plan to launch the digital currency until regulatory concerns and approvals are
Jul 15
08:16 AM
Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows
Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook's planned Libra digital coin. (BTC )
Jul 15
01:46 AM
U.S. proposes barring big tech companies from offering financial services, digital currencies
A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a copy of the draft legislation seen by Reuters.
Jul 14
03:06 PM
UPDATE 1-Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations
(Adds more comments from Trump, background) (BTC )
Jul 11
06:01 PM
Bitcoin extends losses after Fed chief urges halt to Facebook's crypto project
Bitcoin dipped almost 8% on Thursday, extending losses the day after U.S. Federal Reserve Chairman Jerome Powell called for a halt to Facebook's Libra cryptocurrency project until concerns ranging from privacy to money-laundering were addressed. (BTC )
Jul 11
01:26 AM
Dollar slips after Powell bolsters rate cut bets; bitcoin sinks
The dollar eased on Thursday after Federal Reserve Chairman Jerome Powell set the stage for a rate cut later this month, vowing to
Jul 10
08:56 PM
Fed chief calls for Facebook to halt Libra project until concerns addressed
U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra
Jul 10
12:31 PM
Fed chief says Facebook currency project raises 'serious concerns'
U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra
Jul 10
11:51 AM
Facebook digital currency plan raises 'serious concerns': Fed chief
U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra raises
Jul 10
08:16 AM
Facebook currency project 'cannot go forward' until concerns addressed: Powell
U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra
Jul 10
08:16 AM
UPDATE 1-Egyptian digital payments company Fawry preparing for IPO
Egyptian digital bill payments company Fawry has begun preparing for a share offering on the country's stock exchange, Managing Director Mohamed Okasha said on Wednesday.
Jul 10
01:06 AM
Bitcoin near two-week highs, fueled by hopes for Facebook's Libra
Bitcoin held on Tuesday near its highest for two weeks after surging as much as 9% overnight, a move analysts said was probably driven by hopes that cryptocurrencies are gaining wider acceptance after Facebook disclosed plans for a digital coin. (BTC )
Jul 09
02:01 AM
Fugitive U.S. tech guru: Cryptocurrency is next Cuban revolution
On the run from U.S. tax authorities, tech guru John McAfee puffs a cigar aboard his towering white yacht in a Havana harbor and says he can help Cuba evade the U.S. government too - by launching a cryptocurrency that defeats a U.S. trade embargo.
Jul 05
01:01 PM
Digital currency operators must comply with rules: Bank of Japan's Amamiya
Digital platform operators such as Facebook, planning to launch a new global cryptocurrency called Libra, must comply with regulations on money laundering and risk management, Bank of Japan Deputy Governor Masayoshi Amamiya said on Friday.
Jul 05
01:27 AM



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