cryptocurrency Financial Technology Marketing National 
PYMNTS
JUNE 29, 2020
The European Union (EU) is preparing to update its cryptocurrency rules that could make it more difficult for stablecoin projects, such as Facebook Inc.’s Last fall, the Libra Association petitioned the Swiss Financial Market Supervisory Authority ( FINMA ) for a Swiss payment system license for its planned cryptocurrency.
PYMNTS
DECEMBER 24, 2020
If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. Building The (Retail) Use Cases.
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PYMNTS
SEPTEMBER 18, 2019
17) about proposed cryptocurrencies like Facebook’s Libra and said Berlin would reject them, according to a report by Reuters. Speaking about stablecoins, which are cryptocurrencies backed by more traditional financial products, like fiat currency, securities or gold, Scholz said, “We cannot accept a parallel currency.
PYMNTS
JUNE 20, 2019
Federal Reserve Chairman Jerome Powell revealed that Facebook has spoken to the central bank about its upcoming cryptocurrency, called Libra. Powell added that the Fed meets “with a broad range of financial sector firms all the time on financial technology.”.
PYMNTS
OCTOBER 16, 2019
The governor of the Bank of England said he doesn’t think new financial technologies (FinTechs) will cause central banks to be obsolete. Carney said he is open to Facebook’s Libra cryptocurrency, unlike officials in France and Germany , who have outright said they don’t want it to happen. That’s not hubris,” he said.
PYMNTS
OCTOBER 9, 2019
In other news, the SIX Digital Exchange (SDX) announced that it is joining forces with the Swiss National Bank (SNB) on a proof of concept to look into how digital central bank money could be used in the settlement of tokenized assets between market participants. “As We are starting to see more demand pick up in the market,” Lim said.
PYMNTS
JANUARY 24, 2018
Securities and Exchange Commission (SEC) recently made that clear with news this week that the agency would crack down on businesses using the blockchain name to boost shares, a recent phenomenon in the market hitting everything from an iced tea firm to a solar energy company. SEC Chairman Jay Clayton spoke Monday (Jan.
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