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No Libra style digital currencies without rules, say EU finance ministers

No Libra style digital currencies without rules, say EU finance ministers European Union finance ministers have agreed a defacto ban on the launch in the region of so-called global ‘stablecoins’ such as Facebook’s planned Libra digital currency until the bloc has a common approach to regulation that can mitigate the risks posed […]

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Libra’s critics are missing the forest for the trees

Libra’s critics are missing the forest for the trees Nik Milanovic Contributor Share on Twitter Nik Milanovic is a fintech and financial inclusion enthusiast, with a decade of work across mobile payments, online lending, credit and microfinance. More posts by this contributor Libra’s critics are missing the forest for the trees What […]

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Apple Card can’t be used to buy crypto

Apple Card can’t be used to buy crypto Cryptocurrency fans who were hoping to use Apple’s forthcoming credit card to splash on coin are out of luck. You also won’t be able to use the Apple Card to buy lottery tickets, casino gambling chips in any form, physical or virtual, or foreign […]

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Congressional testimony reveals some faults in Facebook’s digital currency plans

Congressional testimony reveals some faults in Facebook’s digital currency plans As Facebook continues to lay the foundation for getting some of the world’s largest payment processing and technology companies a seat at the global monetary policy table, the company faces significant obstacles to enacting its plans from both sides of the Congressional […]

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Hong Kong says it may regulate crypto exchanges

Hong Kong says it may regulate crypto exchanges Hong Kong may become the next country to regulate crypto exchanges after its securities regulator announced that it is exploring ways to apply quality control and protect consumers from the volatility and uncertainties of digital currencies. The Securities and Futures Commission (SFC) said it is “setting […]

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PlusOneCoin made a cryptocurrency for upvotes

PlusOneCoin made a cryptocurrency for upvotes A team of developers have made something called PlusOneCoin, a clever cryptocurrency that essentially allows owners to upvote content on two financial sites, ADVFN and Investorshub. The idea – to reward people for accessing content and, more importantly, interacting with it – is something many services […]

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Ethereum falls after rumors of a powerful mining chip surface

Ethereum falls after rumors of a powerful mining chip surface Rumors of a new ASIC mining rig from Bitmain have driven Ethereum prices well below their one-week high of $585. An ASIC – or Application-specific integrated circuit – in the cryptocurrency world is a chip that designers create for the specific purpose […]

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With markets going crypto-crazy, SEC chairman weighs in

With markets going crypto-crazy, SEC chairman weighs in  Given the crazy run cryptocurrencies like bitcoin, ether and litecoin have been on in the last week, it was only a matter of time before the Securities and Exchange Commission weighed in. Well, now it has in the form of an open letter from […]

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