Facebook CEO Mark Zuckerberg will testify before the House Financial Services Committee this month to defend the Libra cryptocurrency. As per an announcement, Zuckerberg will appear at a hearing scheduled on Oct. 23,...

European Unions financial services commissioner Valdis Dombrovskis revealed his plans to create a new regulatory framework for cryptocurrencies, particularly Facebooks Libra stablecoin. Europe needs a common approach on...

Facebook CEO Mark Zuckerberg recently addressed regulatory and customer identification problems pointed out by employees over the social networks upcoming Libra cryptocurrency. As per a leaked audio recording from an...

Overstock.com, former CEO Patrick Byrne, and former CFO Greg Iverson are facing a lawsuit for securities fraud. The complaint, which was registered on Sept. 27 in Utah, was filed by Lewis Kahn of Louisiana-based law...

Facebooks Libra can potentially address problems of the international payments market, Benoit Coeure, a member of the Executive Board of the European Central Bank (ECB) said, stressing that it is undoubtedly a wake up call...

Libra co-founder David Marcus described the current financial services system as too old and argued why the existing payments system needs to be replaced with blockchain-based payment networks. The existing money...

The governor of Bank of Japan Haruhiko Kuroda has called for international efforts to regulate digital cryptocurrencies such as Facebooks forthcoming Libra token. As per a Reuters report, Kuroda warned in a speech...

Online retail giant Overstock has named Jonathan Johnson as its new chief executive officer. As per the official announcement, Johnson had been appointed by its board after serving as an interim CEO since Aug. 22, when...

Square Crypto, a bitcoin-focused unit of payments company Square, has made three new hires. In a series of tweets, Square Crypto announced the appointment of Facebook and BitGo alum Arik Sosman, Lightning Labs alum...

After abruptly stepping down as Overstock.coms CEO, Patrick Byrne has dumped all his equity holdings in the company over the past week to purchase cryptocurrency and precious metals. As per his website DeepCapture.com,...