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PayPal is cautious about the future of Facebook-backed cryptocurrency Libra.
FACEBOOK Inc. is once again defending Libra -- this time against fears that the envisioned cryptocurrency could replace sovereign currencies from the U.S. dollar to the Euro and threaten central banks’ control over money creation.
International outcry is mounting over Libra – with central banks, governments and regulators railing against the cryptocurrency.
JASON Sanchez, 35, was able to start buying spare parts online last year for his cellphone repair shop in Havana thanks to the advent of cryptocurrency trading in Communist-run Cuba.
WASHINGTON (Reuters) - The U.S. Treasury on Friday announced sanctions on three North Korean hacking groups it said were involved in the "WannaCry" ransomware attacks and hacking of international banks and customer accounts.
France warned it will block development of Facebook's planned Libra cryptocurrency in Europe because it threatens the 'monetary sovereignty' of governments.
ZURICH: Switzerland welcomes international scrutiny of the way it oversees the Facebook-led Libra cryptocurrency project and is ready to work with other countries to ensure seamless supervision, the top Swiss financial watchdog said.
LONDON: “Hi guys, could you please show me a firm bid for 100 bitcoin?” a seller texts on Skype. “One sec. US$10,270.” Two minutes later: “Sorry guys, that was an old order from Friday when skype wasn’t working.” “I really think we should get off skype. Bad things could happen. Someone is going to make an expensive mistake.”
BRUSSELS (Reuters) - Europe's antitrust chief Margrethe Vestager will retain her job for another five years but with more powers to go after Facebook, Apple and Amazon and their massive hoovering up of consumer data.