Tag Archives: digital currency


Facebook cryptocurrency US lawmaker

Facebook’s Libra currency abandoned by major financial companies

10 October, 2019 9:00 am 9:00 am

CALIFORNIA (Reuters) – Facebook Inc’s ambitious efforts to establish a global digital currency called Libra suffered severe setbacks as major payment companies including Mastercard and Visa Inc quit the group behind the project. The two companies announced they would leave the association Friday afternoon, as did EBay Inc, Stripe Inc. and Latin American payments company … Read More


privacy facebook cryptocurrency political backlash

Facebook called before Senate panel over digital currency project

06 June, 2019 8:52 am 8:52 am

WASHINGTON (Reuters) – Facebook Inc’s plans to create a global cryptocurrency will face scrutiny from the US Senate Banking Committee on July 16, the latest sign that policymakers around the globe are casting a wary eye on the project. The hearing will explore the project, dubbed Libra, as well as any data privacy considerations it … Read More


Crypto exchange Coinbase opens Dublin office as Brexit looms

10 October, 2018 10:27 am 10:27 am

LONDON (Reuters) – Cryptocurrency exchange Coinbase has opened an office in Dublin, it said on Tuesday, joining the growing ranks of banks and financial firms with major British businesses developing European Union outposts as Britain’s exit from the bloc looms. San Francisco-based Coinbase, one of the biggest US exchanges, said the Dublin office would let … Read More