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Global watchdogs urge ‘vigilant monitoring’ as big tech companies shift into financial services
Google and other big tech companies may have to share data on financial services customers with banks and fintech firms to prevent unfair competition.
Mnuchin ‘Fine’ With Libra Launch, But Crypto Project Must ‘Fully’ Comply With AML Rules
Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter.
No Libra-style digital currencies without rules, say EU finance ministers
European Union finance ministers have agreed to a de facto 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
Hay mucho en juego en la guerra de cibermonedas
China está lejos de suplantar a Estados Unidos en el control de la economía mundial, pero podría hacer muchas cosas para manejar la subterránea
Jack Dorsey’s 2020 plans include spending 3-6 months in Africa
The Twitter CEO's plans in Africa are a strong endorsement of the continent's burgeoning tech hubs.
What to tell your family about bitcoin this Thanksgiving
Why did bitcoin's price drop this month? Can you pass the turkey? Quartz answers all the questions your family will ask about cryptocurrency during Thanksgiving weekend.
Too Early to Tell if Libra Is a Security, CFTC Chairman Says
Despite some headlines, CFTC chief Heath Tarbert didn't actually say Libra is a security, even if it is different from commodity bitcoin.
How Digital Currency Could Be China’s Ultimate Soft-Power Tool
Instead of freeing internet anarchists from the strictures of governments and banks, cryptocurrency could be used as a technique to bind all peoples to an ascendant power with known global ambitions.
Facebook’s Libra code chugs along ignoring regulatory deadlock
“5 months and growing strong” the Libra Association announced today in a post about its technical infrastructure that completely omits the fierce regulatory backlash to its cryptocurrency. Forty
After Facebook Libra and Apple’s Credit Card, We’ll Soon Have Google Checking Accounts
Despite everything it already knows about your life, Google is now after information on how you spend money.
Facebook Pay is the latest way to send your friends money
Your Facebook friends no longer need to Venmo you. The post appeared first on The Daily Dot.
Forget Credit Cards, Google's Looking to Open Its Own Checking Accounts
This year saw plenty of tech giants dabble in finance. Apple released its credit card, Facebook just and is trying to get its off the ground, and now Google is reportedly mulling offering a financial
How Mark Zuckerberg plans to make money with Facebook Pay
Facebook's push into payments hasn't always gone smoothly.
Libra’s critics are missing the forest for the trees
Critics of Facebook's proposed stablecoin are well-intentioned, but they're missing the forest for the trees.
Global Crypto Framework Needed to Stop ‘Regulatory Arbitrage,’ Watchdog Warns
Hong Kong’s securities regulator says the world needs a united response to stablecoins like Libra to avoid firms setting up in laxer jurisdictions.
European Union to Regulate Stablecoins, Not Issue Its Own: Source
Contrary to earlier reports, a source tells CoinDesk the EU isn't looking to issue its own digital currency in response to Libra.
Facebook comparing Libra to the open internet rings hollow
Facebook is disingenous when it talks up the open-standards of email to benefit its arguments on Libra. Its entire business is built on proprietary.
Libra Won’t Spread as Quickly as Facebook, Says Calibra Exec
Libra won't necessarily mimic Facebook's historic rise, said Calibra executive Kevin Weil.
Coinbase Legal Chief Says Private Sector Should Build US Digital Dollar
Coinbase chief legal officer Brian Brooks thinks the private sector is best positioned to build America's digital dollar.
Daily Horoscopes: November 5, 2019
The moon enters Pisces today.