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META LIBRA STABLECOIN
Crypto bros need to temper their hopes for 2025Crypto enthusiasts have high hopes for 2025 as they seek regulatory relief in the US and a strategic Bitcoin reserve. However, restrictive ...
Analysis-Why PayPal's stablecoin is likely to succeed where Facebook's Libra failedThe move, which comes as PayPal transitions to a new CEO announced last week, seems risky after Facebook's stablecoin was crushed by politi...
Why PayPal's stablecoin is likely to succeed where Facebook's Libra failedPayPal this month said it was launching PayPal USD, a crypto token pegged to the U.S. dollar, making it the second major global company to ...
State banks need to obtain clearance from US Fed before stablecoins' transactionsThe Fed also said it is creating a new supervisory program to oversee the activities of the banks it supervises related to cryptocurrency, ...
PayPal becomes first major fintech to launch dollar-backed stablecoinWhile stablecoins - crypto tokens whose monetary value is pegged to a stable asset to protect from wild volatility - have been around for y...
Will Elon Musk succeed in his ambitions of taking on big US bankers?Elon Musk's musings indicate that he wants Twitter to be more like Tencent Holdings Ltd.’s WeChat, a messaging service turned super-app use...
Elon Musk the banker wants to take on Dimon where Google failedElon Musk's plan to turn Twitter into a one-stop shop for financial services is not the first time a tech giant has attempted to enter the ...
Top cryptocurrency prices today: Bitcoin, Ether, Solana, Terra zoom up to 7%"India moves closer to legalizing cryptocurrency. The honourable FM in her budget speech has proposed taxation rules on virtual digital ass...
Facebook's cryptocurrency venture to wind down after asset sale to SilvergateIt also throws into question how Meta plans to handle commerce in the metaverse, a futuristic digital environment that Chief Executive Mark...
Facebook's cryptocurrency venture to wind down after asset sale to SilvergateThe sale was the culmination of several years of struggle for Meta's fintech unit, which lost most of its leadership, including director Da...
Facebook's cryptocurrency venture to wind down and sell tech assetsMeta, formerly Facebook Inc, first unveiled plans for Diem, known as Libra earlier, in June 2019, as part of an effort to expand beyond soc...