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

by Molly Wood Jun 26, 2019
Is it time to start asking: What is the functional difference between a company and a country?
Facebook CEO Mark Zuckerberg speaks during the annual F8 summit at the San Jose McEnery Convention Center in San Jose, California, in 2018.
Josh Edelson/AFP/Getty Images

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

by Andy Uhler 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

by Andy Uhler 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

Facebook's new cryptocurrency prompts regulation concerns

by Justin Ho 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

by Nancy Marshall-Genzer 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

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

With Venezuela's collapsing government, "the collapse of everything else"

by Kai Ryssdal and Bennett Purser May 7, 2019
Why economist Carlos Hernández is staying in the country, despite political turmoil and zero economic opportunity.
Dan Kitwood/Getty Images

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Ohio experiments with bitcoin tax payments

by Adrian Ma Apr 8, 2019
The state treasurer's office is trying something new.
A window display at the Blockland Solutions Conference in Cleveland this past December.
Adrian Ma/ideastream

Kenyan communities look to cryptocurrency for improved cash flow

by Halima Gikandi Feb 25, 2019
Small communities in Kenya have started embracing cryptocurrency in the hope that it will help to solve their cash flow problems.
A currency dealer counts Kenyan shillings at a money exchange bureau on September 19, 2018 in the Kenyan capital Nairobi. Small communities in Kenya have started embracing cryptocurrency in the hope that it will help to solve their cash flow problems.
SIMON MAINA/AFP/Getty Images

Who uses the bitcoin ATMs popping up at delis across the U.S.?

by Jana Kasperkevic Feb 7, 2019
By end of January, 4,274 bitcoin ATMs had been installed worldwide.
Bitcoin ATM at a deli near Times Square in New York City. 
Jana Kasperkevic for Marketplace