Business

EU heavyweights seek strict rules for digital currencies

Finance ministers from five of Europe's biggest economies called Friday for the European Union to produce strict rules for new, private digital currencies such as Facebook-backed Libra and ban those that don't comply.

Business

Economic downturn fueling Argentine crypto craze

Argentina's economic downturn, with high inflation, a deflating currency and a shortage of US dollars to invest in, has in fact proved a shot in the arm for one sector: cryptocurrency.

Business

Electric carmaker Tesla invests $1.5 bn in bitcoin

Tesla helped push bitcoin to an all-time high Monday after the carmaker announced a $1.5 billion investment in the digital money and plans to accept the cryptocurrency from customers buying its electric vehicles.

Business

ECB inches closer to 'digital euro'

The European Central Bank inched closer to a "digital euro" on Wednesday with the formal launch of a pilot project, but questions remain about potential pitfalls and benefits for eurozone citizens.

Business

EU unveils proposed curbs on cryptocurrencies

The European Commission on Thursday unveiled plans to regulate cryptocurrencies, proposing rules that could limit the development of Facebook-backed Libra and similar projects.

Internet

Can blockchain, a swiftly evolving technology, be controlled?

The headlong pace of technological change produces giant leaps forward in knowledge, innovation, new possibilities and, almost inevitably, legal problems. That's now the case with blockchain, today's buzziest new tech tool.

Business

Group behind Facebook's Libra coin push meet in Geneva

The Libra Association, created by Facebook to launch its new cryptocurrency, kicked off its first council meeting in Geneva on Monday, despite defections by previous supporters like Visa and Mastercard.

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