How the FDIC approaches cryptocurrencies

Nov 5, 2019
Is it an asset or a security? Jelena McWilliams, head of the banking insurance agency, talks about balancing innovation and regulation.
FDIC chairman Jelena McWilliams talks with Treasury Secretary Steven Mnuchin about financial technology, or fintech, in April 2019 in Arlington, Virginia.
Chip Somodevilla/Getty Images

Zuckerberg offers an olive branch on Libra

Oct 23, 2019
The Facebook CEO is trying to woo lawmakers and regulators to approve his digital currency.
Facebook CEO Mark Zuckerberg testifies during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook in Washington, DC, in 2018.
Saul Loeb/AFP/Getty Images

Another partner abandons Facebook's cryptocurrency

Oct 14, 2019
Travel firm Booking Holdings has pulled out of the Libra Association as companies involved in the digital currency face increased regulation.
Fabrice Coffrini/AFP/Getty Images

Pushback may delay Facebook's digital currency plans

Sep 30, 2019
Facebook has to convince regulators and potential users its currency plans are credible.
Facebook announced details about Libra, its planned digital currency, in June.
Fabrice Coffrini/AFP/Getty Images

Facebook's Libra cryptocurrency betrays the company's true ambitions

Jun 26, 2019
Is it time to start asking: What is the functional difference between a company and a country?
In 2019, Facebook CEO Mark Zuckerberg influenced our discourse, our privacy, our ideas about speech — free or otherwise — and our spending habits.
Josh Edelson/AFP/Getty Images

Sending money to another country is a lot easier than it used to be

Jun 21, 2019
The remittances business is getting crowded, and customers have more options.
A sign advertises the money transfer service Western Union, often used to send remittances, in Berlin Germany.
Sean Gallup/Getty Images

Facebook's crypto plan could disrupt remittance market

Jun 19, 2019
Facebook says sending money over its network will cost next to nothing. Remittance companies will be watching closely.
Facebook is leaping into the world of cryptocurrency with its own digital money, designed to let people save, send or spend money as easily as firing off text messages.
BRENDAN SMIALOWSKI/AFP/Getty Images

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Facebook's new cryptocurrency prompts regulation concerns

Jun 18, 2019
Here's a look at some of the agencies that may police the digital currency.
Facebook CEO Mark Zuckerberg speaks during the annual F8 summit in San Jose, California, last year.
Josh Edelson/AFP/Getty Images

Facebook unveils digital coin

Jun 18, 2019
Facebook says users will be able to buy things and send money using its new coin and wallet app.
Facebook

A company that encourages bartering finds it needs ... currency

May 21, 2019
One Canadian company made a transition from the oldest system of commerce ... to one of the newest.
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