In June 2019, Facebook announced that it was preparing to launch its own digital currency in 2020, with a view to helping billions of people make more payments online, including anyone without an active bank […]
Nigel Green, the deVere Group CEO, said he expects the cryptocurrency to rise until the virus hits its peak. In mid-December, Bitcoin was averaging around £5,500 in value, but this has climbed to over £7,000 […]
Facebook announced the Libra project in June 2019: a payments system which it hoped would be used by billions of people to make easy online payments. The system uses a digital wallet (Calibra) and digital […]
Opera is collaborating on the project with San Francisco-based Unstoppable Domains, which is backed by the influential billionaire tech investor and Bitcoin advocate Tim Draper. The company helps users send various cryptocurrencies using just the […]
First announced in June 2019, Facebook’s Libra platform was designed to encourage more online financial transactions, especially among people who do not have bank accounts. However, by October, a swathe of major partners had pulled […]
Next week, the Bank of Lithuania will issue 24,000 blockchain-based digital tokens called “LBCOINSs”. They will be sold in packs of six for €99. Each of the coins will feature a portrait of one of […]
The Financial Conduct Authority (FCA) said that the rules will prohibit the sale or marketing of financial products linked to cryptoassets, such as Bitcoin and Ethereum, from 6 January 2021. The FCA warned that products […]
The Department granted PayPal a Bitlicense, which regulates any company or individual based in New York which uses virtual currencies. A limited number of companies have been granted Bitlicenses since they came into effect in […]
The social network originally announced the project last year, with tentative plans to launch in 2020 as a way to encourage people to make more financial transactions online. The payment method revolves around a digital […]
A new form of governance is coming to finance, and it will ricochet into politics with profound implications. To paraphrase Bill Gates, there have always been brilliant politicians from the beginning of history and their […]
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