Binance is taking on Facebook's cryptocurrency

One of the largest cryptocurrency exchanges is looking to partner with governments and companies to develop new digital currencies as it competes with

Bitcoin surges above $11,000 as trade war escalates

Bitcoin climbed above the $11,000 level for the first time since mid-July and led gains among the biggest cryptocurrencies, as risk assets across Asia

Huawei CEO wants China to launch a competitor to Facebook's cryptocurrency

Huawei CEO Ren Zhengfei has called for China to announce a competitor to Facebook's Libra cryptocurrency.Speaking in a recent interview with I

Fear of Facebook's Libra unites global finance ministers

Global finance chiefs found common ground in their fear of Facebook Inc.'s Libra initiative as they met to discuss more contentious issues from digita

Bitcoin drops below $10,000

Bitcoin slid below $10,000 just three weeks after surging above it for the first time in more than a year as U.S. legislators expressed deep skepticis

Facebook's crypto woes deepen

Facebook Inc. faced its latest Washington crisis Monday, with Treasury Secretary Steven Mnuchin joining a parade of policy makers and politicians who'

US considers blocking Facebook's cryptocurrency - Report

US Democrats are considering a proposal which would prevent big tech companies from operating as financial institutions,

Bitcoin tumbles

Bitcoin slumped in another large weekend move after U.S. President Donald Trump's criticism of cryptocurrencies late last week put the focus back on t

Facebook defends its cryptocurrency ahead of government hearing

Facebook Inc., facing fury from skeptical lawmakers, sought to mitigate concerns that have been raised about its proposed cryptocurrency, stating that

Facebook's Libra must be under central bank supervision - China

Facebook Inc.'s push to create its own cryptocurrency, called Libra, must be put under the oversight of monetary authorities, according to a senior of

Facebook's cryptocurrency draws fire from regulators

Financial regulators must act fast to prepare for the push by U.S. tech giants such as Facebook Inc. into the financial system, according to European

Bitcoin price hits $76,000 on Zimbabwe LocalBitcoins

As various media outlets reported in recent days, a full ban on foreign currency in Zimbabwe has triggered a giant premium for Bitcoin, which currentl

Facebook's Libra draws criticism in US

Facebook Inc.'s plan for its own digital currency is drawing yet another round of fire in Washington, this time in the form of a letter from more than

Visa, Mastercard and PayPal face risk after backing Facebook's Libra

Visa Inc., Mastercard Inc. and PayPal Holdings Inc. may have boosted the single, greatest risk they face - that of tougher regulation - by becoming ea

Bitcoin tumbles

Bitcoin slumped, undoing some of this year's epic rally and amplifying a recent trend of outsized weekend moves.The price of the largest crypt

Goldman Sachs considers launching a digital currency

David Solomon may take a leaf out of Jamie Dimon's book by exploring a digital coin for payments.Goldman Sachs Group Inc.'s chief executive of

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