In 2019, many large tech firms announced plans to offer financial products and services.
Libra
Latest in Libra
banking and finance
Video: Why Facebook’s Libra cryptocurrency is in trouble
When Facebook first announced it was getting into the crypto business with a basically unregulated currency called Libra, the reaction from Wall Street and government bankers was as expected
Bank of England
Could cryptocurrency dethrone the dollar?
Bank of England governor Mark Carney aired vague proposals for a so-called ‘Synthetic Hegemonic Currency’ at the recent Jackson Hole Symposium of central bankers
Bitcoin
Video: Should India embrace cryptocurrencies?
Some believe that believe cryptocurrencies are the new digital gold.
Bitcoin
Bitcoin surges above $11,000 thanks to Facebook’s currency plans
Bitcoin reached $11,251.21, surpassing $10,000 for the first time since March last year
crypto assets
Facebook unveils Libra, its global cryptocurrency
US social media giant says cryptocurrency move is aimed at creating a low-cost global payment system
