Facebook's new currency plan under scrutiny in Congress

WASHINGTON (AP) — Facebook's ambitious plan to create a financial eco-system based on a digital currency faces questions from lawmakers, as it's shadowed by negative comments from President Donald Tru...

Cryptocurrencies need close scrutiny, monitor warns

FRANKFURT, Germany (AP) — An international financial monitor warned world leaders on Tuesday that wider use by retail shoppers of cryptocurrencies like Libra, unveiled last week by Facebook, would nee...

Nonprofits turn to cryptocurrency to help needy Venezuelans

BARQUISIMETO, Venezuela (AP) — Andreina Cordero started the year skipping meals so her three kids could eat. Her husband, a construction worker, was out of a job. And the family's savings had been dev...

TokenBacon revolutionizes Taiwan’s art market

TAIPEI (Taiwan News) -- Taiwan tech startup TokenBacon has developed the world's first-ever cross-blockchain cloud platform, allowing users to quickly build their own blockchain service. In doi...

UK lawmakers: "Wild West" cryptocurrencies need regulation

LONDON (AP) — British lawmakers are urging regulation for cryptocurrencies such as bitcoin in a report that describes the current situation as the "Wild West." In a report Wednesday ...

Bitcoin Foundation Founder Charlie Shrem Joins XYO Network Advisory Board

SAN DIEGO--(BUSINESS WIRE)--May 10, 2018--The XYO Network announces today that Charlie Shrem has joined the Board of Advisors. Shrem is a bitcoin pioneer, social economist, digital currency trader and...

Bank of England chief slams cryptocurrencies; urges action

LONDON (AP) — Bank of England Governor Mark Carney has launched a withering attack on cryptocurrencies, such as Bitcoin. In a speech Friday to the Scottish Economics conference in Ed...