• Google monetizing yet another pair of eyeballs (photo by Gerd Altmann via Pixabay).
    Libra,  Technology

    Facebook, Google want to be your banker

    In separate announcements, Facebook unveiled a non-blockchain payments tool that could compete with Libra, and Google said it will offer consumer checking accounts

    The tech giants that already know everything about you, and now they want to be your banker, too. What could possibly go wrong?

  • Coming not-so-soon?
    Asia & Australia,  Cryptocurrencies,  Media

    Binance to The Block: STFU and let us do business in China

    The Block’s Larry Cermak opened a can of worms in explaining how Chinese citizens can use Alipay and WeChat, which ban cryptocurrency transactions

    Did the CEO of Binance, one of the largest cryptocurrency exchanges, threaten cryptocurrency media site The Block over a trio of tweets detailing how banned peer-to-peer cryptocurrency trading really happens in China?

  • Coming not-so-soon?
    Asia & Australia,  Cryptocurrencies,  Libra

    Chinese central banker says digital yuan coming soon

    The central bank-issued digital currency will not be on a traditional blockchain and will not disrupt the existing financial system, according to the People’s Bank of China official

    The People’s Bank of China (PBOC) Deputy Director Mu Changchun said the bank’s “digital currency can now be said to be ready” at the China Finance 40 Forum in Yichun this weekend, according to Shanghai Securities News.