Facebook-Owned WhatsApp Looks to Launch Digital Payments in Indonesia

Facebook-Owned WhatsApp Looks to Launch Digital Payments in Indonesia

Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services…

View More Facebook-Owned WhatsApp Looks to Launch Digital Payments in Indonesia
China’s Digital Currency Is Ready, Central Bank Says

China’s Digital Currency Is Ready, Central Bank Says

The People’s Bank of China (PBoC) has claimed that its digital currency “can now be said to be ready.” According to PBoC deputy director Mu…

View More China’s Digital Currency Is Ready, Central Bank Says
US lawmakers troubled by Facebook's Libra due to 'pattern of failing to keep consumer data private'

US lawmakers troubled by Facebook’s Libra due to ‘pattern of failing to keep consumer data private’

US lawmakers in a hearing at the House Committee on Financial Services on Wednesday expressed widespread mistrust of Facebook’s cryptocurrency plan, saying the company’s attempt…

View More US lawmakers troubled by Facebook’s Libra due to ‘pattern of failing to keep consumer data private’
Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project

Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project

Rep. Maxine Waters, chairwoman of the United States House of Representatives’ Financial Services Committee is requesting that Facebook halt development on its cryptocurrency, the Libra,…

View More Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project
Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week: Report

Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week

Social media giant Facebook will unveil the Libra Association, which will operate its bespoke cryptocurrency Libra, on June 18, cryptocurrency news outlet The Block reported…

View More Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week