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 ...

Japan crypto-exchange license approval nears for Line

Business / Corporate Jun 20, 2019

Japan crypto-exchange license approval nears for Line

Line Corp., the nation's largest messaging app, is close to obtaining a license to launch a cryptocurrency exchange in Japan, according to people familiar with the matter. The Financial Services Agency could issue the license as early as this month, with exchange operations starting a ...

Business Jun 18, 2019

How cryptocurrencies can replace other pay options

by Glenn Chapman

Cryptocurrencies live in a volatile, roller-coaster world, which Facebook is seeking to change with its new Libra digital money. The new digital currency will be overseen by a nonprofit association and backed with real assets to serve as a reliable, stable form of globally accepted ...