The tech giants that already know everything about you, and now they want to be your banker, too. What could possibly go wrong?
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G7 report is a giant warning to stablecoins
Bitcoin has ‘failed’; stablecoins need heavy regulation
The G7 has finally released a major report on the potential impact of global stablecoins.
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Vive the digital euro?
French Finance Minister Bruno Le Maire and ECB board member Benoît Coeure call for the EU to create its own digital currency
Shortly after calling for a ban on Facebook’s Libra cryptocurrency, French Finance Minister Bruno Le Maire suggested the European Union should create its own digital currency.
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Facebook is joining Apple and Google in coming after Citibank and Chase
The social media giant’s Libra cryptocurrency is about a lot more than just payments
The tech giants are coming for the banks. If there’s one message to be taken out of Facebook’s aggressive push into blockchain-based payments via its new cryptocurrency, libra, it’s that Facebook is now also a FinTech company.