Libra

Coinbase, the largest US cryptocurrency exchange, has added a new digital asset to its custodial service. Matic, the native token of Matic Network, can now be deposited and withdrawn by the institutional firms that utilize Coinbase Custody. Institutional interest in crypto assets has increased...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Like in each of the past five or so years, 2020 is almost guaranteed to see a fair amount of volatility in the cryptocurrency market. This...

Shenzhen-based technology giant Tencent Holdings Ltd. (OTC: TCTZF) is creating a new digital currency team, Coindesk reported on Tuesday, citing local media reports. What Happened According to CoinDesk, Tencent sent out an internal notice to employees informing them that the company is...

Saga has launched its long-awaited SGA stablecoin, a token imbued with a unique monetary model that can expand and contract to meet demand, reducing its volatility. Cryptocurrency platform Liquid.com is the first exchange to list the ERC20 token, which will initially be traded against USD, bitcoin...

Securities and Exchange Commission Chairman Jay Clayton testified Tuesday before the U.S. Senate Committee on Banking, Housing, and Urban Affairs. SEC Optimistic On Blockchain A lot of the concerns raised by Congress members during the hearing related to the agency’s regulation of...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Speculation is at the heart of the cryptocurrency market. Obviously, price speculation is present across all assets, but most thriving...

PayPal Holdings Inc. (NASDAQ: PYPL) wasn’t scared of the regulatory issues facing Facebook Inc's (NASDAQ: FB) Libra cryptocurrency project, its CEO Dan Schulman told Fortune in an interview. On 'Extremely Robust Relationship' With Regulators “It wasn’t...

If there’s one thing that’s certain about the cryptocurrency markets, it’s that the news cycle moves at a breakneck speed. Perhaps it’s because, unlike traditional markets which trade according to hours or business, digital assets are on the go 24-7.  However, in 2019,...

JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon spoke with CNBC's Wilfred Frost in London on Tuesday. Here are some key highlights from the conversation.  JPMorgan's third-quarter report showed an 8% increase in revenue year-over-year, which makes it more difficult to win...

Facebook, Inc. (NASDAQ: FB) CEO Mark Zuckerberg spoke in front of the U.S. House Financial Services Committee on Wednesday to better explain his Libra cryptocurrency ambitions. But after a lengthy talk and fielding answers from lawmakers, he failed to win new friends on either side of the aisle,...

Social media company Facebook, Inc. (NASDAQ: FB) is proceeding with its Libra initiative, but the initial vision of a single, synthetic digital currency could change, Reuters reported Sunday.  What Happened Facebook's Libra digital currency project could consist of multiple...

As we cross the threshold into the next decade, what truly is in store for crypto investors? Will Bitcoin be many times more valuable by the end of the decade? Or will it be mostly dead? Will it be replaced by cryptocurrencies with more advanced technology? If so, will those cryptocurrencies have...

France and Germany have both agreed to block Facebook’s Libra cryptocurrency. German parliamentarian Thomas Heilmann said the German government will block projects like Libra, which aligns with France's stance. In a joint statement, the two governments affirmed that “no private...

French Finance Minister Bruno Le Maire said Thursday that Facebook, Inc. (NASDAQ: FB)'s proposed cryptocurrency Libra would put the sovereignty of governments at risk.  "In these conditions, we cannot authorize the development of Libra on European soil,” Reuters quoted Le Maire...

Apple Inc. (NASDAQ: AAPL) has an interest in cryptocurrencies, but the iPhone maker is merely "watching" the space for the time being, CNBC reported Thursday.  What Happened Jennifer Bailey, vice president at Apple Pay, said at a private CNN event that cryptocurrencies have...