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What’s the future of digital currencies and FinTech regulation? Boom Bust explores…

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As cryptocurrencies continue to expand on the global payment space, governments across the world are seeking to assess and mitigate the perceived risks in using them. RT’s Boom Bust talks to Matthew Roszak, co-founder and chairman of Bloq, on the sidelines of the Invest Asia 2019 summit in Singapore. “Cryptocurrencies still generally are a Read More

Currency provision won’t be in Japan-U.S. trade deal: Aso

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FILE PHOTO: Japanese Finance Minster Taro Aso leaves the G-20 Finance Ministers and Central Bank Governors’ meeting at the IMF and World Bank’s 2019 Annual Spring Meetings, in Washington, April 12, 2019. REUTERS/James Lawler Duggan TOKYO (Reuters) – Japanese finance minister Taro Aso said on Tuesday that a currency provision won’t be included in a Read More

Trump says U.S. reaches trade deals with Japan, no vote needed

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WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday that the United States has reached initial trade agreements with Japan on tariff barriers and digital trade that will not require congressional approval. U.S. President Donald Trump walks to address the media before boarding Marine One for a trip to New Mexico, on the South Read More

Trump says U.S. reaches trade deal with Japan

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U.S. President Donald Trump walks to address the media before boarding Marine One for a trip to New Mexico, on the South Lawn of the White House in Washington, U.S., September 16, 2019. REUTERS/Sarah Silbiger. WASHINGTON (Reuters) – President Donald Trump said on Monday the United States has reached an initial trade agreement with Japan. Read More

Fintech company Plaid discloses investments from Visa, Mastercard

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(Reuters) – Financial technology company Plaid Inc said on Monday that Visa Inc and Mastercard Inc were strategic investors in a $250 million round of Series C financing raised in December. The fintech startup, whose technology lets people connect their bank accounts to mobile apps like Venmo, did not disclose the size of Visa and Read More

ECB’s Coeure says ‘stablecoins’ pose risks amid resistance to Facebook’s Libra

1 day ago DieselGasoil Comments Off on ECB’s Coeure says ‘stablecoins’ pose risks amid resistance to Facebook’s Libra
FILE PHOTO: Benoit Coeure, board member of the European Central Bank (ECB), is photographed during an interview with Reuters journalists at the ECB headquarters in Frankfurt, Germany, May 17, 2017. REUTERS/Kai Pfaffenbach/File Photo ZURICH/LONDON (Reuters) – A new breed of asset-backed cryptocurrencies such as Facebook’s Libra are untested and pose serious risks, the European Central Read More

Facebook’s Libra in regulators’ sights as ECB’s Coeure warns of ‘stablecoin’ risks

1 day ago DieselGasoil Comments Off on Facebook’s Libra in regulators’ sights as ECB’s Coeure warns of ‘stablecoin’ risks
ZURICH/LONDON (Reuters) – Facebook’s (FB.O) attempt to drag cryptocurrencies into the mainstream with its Libra digital coin met with further scepticism on Monday when an ECB board member said such “stablecoins” posed serious risks. FILE PHOTO: Benoit Coeure, board member of the European Central Bank (ECB), is photographed during an interview with Reuters journalists at Read More

France’s Canal+ pairs up with Netflix in pay-TV shift

1 day ago DieselGasoil Comments Off on France’s Canal+ pairs up with Netflix in pay-TV shift
PARIS (Reuters) – Vivendi’s Canal+ has agreed a deal to add Netflix shows to its TV bundles in France and elsewhere, the French broadcaster said on Monday, in the latest such alliance to counter pressure from streaming giants. FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July Read More