PayPal Holdings Inc. has withdrawn its support for Facebook's future cryptocurrency Libra, according to a spokesperson for the payments provider. "PayPal has made the decision to forego further participation in the Libra Association at this time and to continue to...
With Facebook's announcement of its cryptocurrency Libra, cryptocurrency has gotten a lot more attention recently, and not all of it is positive, especially from U.S. lawmakers. Many are seeing cryptocurrencies like Libra as a national security issue.
The first of two Congressional hearings on Facebook's cryptocurrency Libra will be held today. Facebook executive David Marcus will testify before the Senate banking committee today and the House Financial Services committee on Wednesday, according to a report by CNN....
Facebook Inc. has entered discussions with numerous financial companies and online merchants in hopes of launching a blockchain-based payments system, according to a report by the Wall Street Journal. Facebook, seeking about $1 billion in investments in the space, has...
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