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Markets

Libra Could Drop 'Basket' and Issue Individual Fiat Stablecoins

Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)

Markets

France's Le Maire Attacks Facebook's 'Political' Ambitions With Libra

The French finance minister has said Libra is an "unacceptable" challenge to state sovereignty and suggested political motives behind the project.

Bruno Le Maire French Finance Minister

Markets

Blockchain-Shy Bank of America Quietly Pilots Ripple Technology

Bank of America, the second-largest U.S. bank, has discreetly tested out Ripple’s distributed ledger technology – and may be planning to do more with it.

Bank of America

Markets

US Treasury Secretary: Regulatory Fears Forced Libra Exodus

U.S. Treasury Secretary Mnuchin said backers of Facebook’s Libra withdrew from the project, fearing it would not meet regulatory standards.

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Markets

5 Top Car Makers Enter Field Trials for Automatic Blockchain Payments

Renault, BMW, General Motors, Honda and Ford are set to begin real-world testing of blockchain IDs for cars next month.

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Markets

Draper-Backed Startup Launches .Crypto Domains on Ethereum

Unstoppable Domains, which builds domains on blockchains, has just launched a .crypto extension that can replace public crypto addresses.

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Markets

Bank of America Is Now Hiring in Blockchain, Not Just Filing Patents

The second-largest U.S. bank has begun hiring for blockchain positions.

Bank of America

Markets

US Lawmakers Call on Payment Giants to Exit 'Chilling' Libra Project

Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association.

(Shutterstock)

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Markets

Foreign Exchange Giant CLS Admits: No, We Don’t Need a Blockchain for That

Forex giant CLS is now using a blockchain to handle certain currency trades, but the technology is “not essential” for the task, an executive admits.

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Markets

NBA's Sacramento Kings to Reward Loyal Fans With Crypto Tokens

Based on the ERC-20 standard, the Kings Token will be a first for a U.S. professional sports team.

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