Cryptocurrency critic China jumps into blockchain race with U.S.

Business / Tech Nov 3, 2019

Cryptocurrency critic China jumps into blockchain race with U.S.

China has launched an ambitious effort to challenge the U.S. dominance in blockchain technology, which it could use for everything from issuing digital money to streamlining a raft of government services to tracking Communist Party loyalty. The technology received a crucial endorsement from President Xi ...

France warns it will block development of Facebook Libra in Europe

World Sep 12, 2019

France warns it will block development of Facebook Libra in Europe

France warned Thursday it will block development of Facebook Inc.'s planned Libra cryptocurrency in Europe because it threatens the "monetary sovereignty" of governments. "I want to be absolutely clear: In these conditions, we cannot authorize the development of Libra on European soil," Bruno Le Maire ...