Facebook poised to launch scaled-back Libra cryptocurrency in January

Facebook’s Libra cryptocurrency could finally launch in January, the Financial Times (FT) has reported citing three sources involved in the project.  The social network originally announced the project last year, with tentative plans to launch in 2020 as a way to encourage people to make more financial transactions online. The payment method revolves around a digital … Read more

PayPal to permit cryptocurrency payments from 2021

PayPal has been granted a licence by the New York State Department of Financial Services, allowing it to roll out cryptocurrency payments via PayPal accounts from early 2021.  The Department granted PayPal a Bitlicense, which regulates any company or individual based in New York which uses virtual currencies. A limited number of companies have been … Read more