FinTech News

FB’s Libra Faces Skepticism in India, Japan

FB’s Libra Faces Skepticism in India, Japan

While Facebook hasn’t even launched its cryptocurrency called Libra, the project has already sparked a lot of controversy among regulators and politicians. The crypto project promoted by the social media giant has recently found strong resistance in Asia’s largest economies, including India and ... Read more.

LedgerX Secures CFTC Nod For Physically Delivered BTC Futures Contracts

LedgerX Secures CFTC Nod For Physically Delivered BTC Futures Contracts

Crypto exchange and clearinghouse LedgerX obtained the green light from the US Commodity Futures Trading Commission (CFTC) to launch physically settle... Read more.

Facebook Announces Libra, Central Banks, Politicians go Crazy

Facebook Announces Libra, Central Banks, Politicians go Crazy

On Wednesday, Facebook finally announced its upcoming cryptocurrency officially. Called Libra, the new coin has already sparked an avalanche of reacti... Read more.

Facebook’s Cryptocurrency Backed by Visa, MasterCard, PayPal

Facebook’s Cryptocurrency Backed by Visa, MasterCard, PayPal

Social media behemoth Facebook is about to announce its cryptocurrency next week and launch it in 2020. While these rumours have already made the head... Read more.

VISA Launches DLT-Based B2B Connect Platform

VISA Launches DLT-Based B2B Connect Platform

California-based Visa announced on Tuesday the commercial launch of its B2B Connect platform, which allows financial institutions to process corporate... Read more.

Facebook to Launch GlobalCoin in June, Nodes Cost $10M

Facebook to Launch GlobalCoin in June, Nodes Cost $10M

Social media giant Facebook is about to announce its cryptocurrency later this month, according to The Information. GlobalCoin, as the coin will be re... Read more.

Bitcoin Almost Touching $9,000, Forecasts Still Mixed

Bitcoin Almost Touching $9,000, Forecasts Still Mixed

Bitcoin surged over 10% on Monday, getting closer to the $9,000 mark. It hit an intra-day peak at over $8,892, according to Coinmarketcap data. Howeve... Read more.

UK-Based TransferWise Becomes Most Valuable Fintech in Europe

UK-Based TransferWise Becomes Most Valuable Fintech in Europe

UK-based money transfer provider TransferWise has become the largest fintech company in Europe after being valued at over $3.5 billion during its seco... Read more.

The ECB Considers Central Bank Digital Currency Units

The ECB Considers Central Bank Digital Currency Units

The European Central Bank (ECB) concluded that the cryptocurrency market posed no threat to the fiat currency and the financial stability as a whole, ... Read more.

Is eBay About to Accept Bitcoin Payments? Not at All

Is eBay About to Accept Bitcoin Payments? Not at All

US-based e-commerce company eBay gave major hopes to the crypto community, as rumours spread that the giant would add Bitcoin and perhaps other crypto... Read more.

Bitcoin Exceeds The $8,000 Mark, Hits Highest Level Since July 2018

Bitcoin Exceeds The $8,000 Mark, Hits Highest Level Since July 2018

Bitcoin has demonstrated another performance of wild volatility in the past few days, gaining over $2,000 since the last Wednesday. As of Tuesday, May... Read more.

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