After a long, painful string of defections, the Libra Association finally has some good news to announce. A new member, retail e-commerce site Shopify, made the $25 million commitment to join on Feb. 21.
Sweden is worried about the declining use of cash in the country, so it is looking into an alternative: a digital e-krona that will work on a mobile app and function similarly to cash.
Status as a Visa principle member will allow the cryptocurrency exchange to originate Visa debit card accounts on its own, a first in an industry determined to cut out financial services middlemen.
Presidential candidate Mike Bloomberg on Tuesday rolled out his plan to rein in Wall Street. As part of that, he wants to provide clear but tough regulations for cryptocurrency and initial coin offerings as well.
