Chinese regulators have ordered Ant Group, the world's largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly practices in the country's ...
Dec 27, 2020
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Virtual currency bitcoin—which broke the $20,000 barrier in trading for the first time Wednesday—morphed from an academic paper to one of the world's most closely-watched crypto currencies.
Dec 16, 2020
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Top virtual currency bitcoin briefly soared to a new high Monday, heading towards $20,000 per unit.
Nov 30, 2020
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Bitcoin's rally above $15,000 has reignited debate over whether the cryptocurrency is so-called digital gold or a perilously risky bet as investors grapple with the coronavirus pandemic.
Nov 8, 2020
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WhatsApp on Friday entered an increasingly tense battle between multinational giants such as Google and Alibaba for a chunk of India's fast growing digital payments market.
Nov 6, 2020
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Financial technology experts agree that some form of digital payment system by the U.S. central bank is inevitable, although opinions diverge on the form it should take.
Oct 28, 2020
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The US central bank is researching a possible cyber-dollar, but will move slowly to ensure it first addresses the risks of fraud and counterfeiting, Federal Reserve Chair Jerome Powell said Monday.
Oct 19, 2020
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The European Central Bank will on Monday launch a public consultation and start experiments to help it decide whether to create a "digital euro" for the 19-nation currency club.
Oct 11, 2020
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The European Commission on Thursday unveiled plans to regulate cryptocurrencies, proposing rules that could limit the development of Facebook-backed Libra and similar projects.
Sep 24, 2020
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Facebook on Monday said it has created a new unit devoted to financial services to harmonize payment systems on its platform.
Aug 11, 2020
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