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U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted......»»

Facebook Inc faces more questioning by U.S. lawmakers on Wednesday over its planned cryptocurrency, after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted......»»

Democratic and Republican lawmakers said on Tuesday that Facebook Inc's track record of what they described as untrustworthiness should stand in the way of it launching a digital currency, labeling the plan "delusional" and "crazy" at a Senate hearing......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Several years back Citi tested a bank-backed cryptocurrency similar to JPMCoin. The lesson it learned? It's easier to rely on SWIFT......»»

Several years back Citi tested a bank-backed cryptocurrency similar to JPMCoin. The lesson it learned? It's easier to rely on SWIFT......»»

Venezuela Has a Dubious Plan to Fight Hyperinflation and It Involves Its Cryptocurrency, the Petro.....»»

Authored by Helen Partz via CoinTelegraph.com, The president of Venezuela Nicolás Maduro has announced that the country’s new cryptocurrency-backed national currency will start circulating August 20, local state news agency Telesur report.....»»

Venezuelans have heard a steady drum beat of state propaganda about the new oil-backed cryptocurrency Petro, but many have no idea what it's about......»»

Authored by Tsvetana Pa.....»»

While crypto-land is abuzz about JPMorgan’s plan to move dollars via blockchain, a smaller New York bank is already doing this......»»

"The true battle is between fiat and crypto," Elon Musk tweeted on Saturday. "On balance, I support the latter." Elon Musk. Britta Pedersen-Pool/Getty Images Tesla CEO Elon Musk tweeted his support for cryptocurrency over fi.....»»

Silverga.....»»

Block. one — the firm that developed the software behind major cryptocurrency EOS (CRYPTO: EOS) — launched a decentralized cryptocurrency exchange (DEX) through its new dedicated subsidiary Bullish Global. read more.....»»

The Green New Deal resolution refers to a plan backed by other politicians, including Rep. Alexandria Ocasio-Cortez, aimed at combating climate change and other social crises......»»

A city government-backed plan to revamp funding for arts and culture comes with a request for $18 million in private funds. The deadline is June 15 and, so far, $7.2 million has been raised......»»

Lawmakers on Wednesday sent letters to Johnson & Johnson, Pfizer, and Moderna to ask if the companies plan to share t.....»»

Sen. Joe Manchin, who's emerged as a key vote in the Democr.....»»

Visa Inc. plans to allow for the settlement of transactions in USD Coin, a stablecoin backed by the U.S. dollar, in what the company says is a move intended to make the platform more accessible to cryptocurrency platforms and wallets......»»

Wicker was part of a bipartisan group of senators who introduced the RESTAURANTS Act, the first amendment added to the American Rescue Plan. Tom Williams/Pool via AP Sen. Roger Wicker helped pass an amend.....»»