TechCrunch: Congressional testimony reveals some faults in Facebook’s digital currency plans

As Facebook continues to lay the foundation for getting some of the world’s largest payment processing and technology companies a seat at the global monetary policy table, the company faces significant obstacles to enacting its plans from both sides of…

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TechCrunch: How Facebook’s Libra is similar in concept and motivation to Kik’s Kin cryptocurrency

Facebook unveiled its Libra cryptocurrency initiative today, which is part of an alternative financial system (including new subsidiary and wallet ‘Calibra‘) it aims to build alongside industry and academic partners including MasterCard, PayPal, Visa, Uber, Andreessen Horowitz and Creative Destruction…

TechCrunch: Binance begins to restrict US users ahead of regulatory-compliant exchange launch

The world’s largest crypto exchange is going legit. Binance, which processes over $1 billion on a daily basis and for so long has embodied crypto’s wild west culture, announced that it will launch a U.S-based service — but, in the…

TechCrunch: Crypto exchange Binance prepares to add margin trading ‘soon’

Binance, the world’s most prominent crypto exchange, says it is close to adding a much-anticipated margin trading feature to its service following weeks of speculation. The company tweeted confirmation of the upcoming feature in a screenshot which subtly teases the…

TechCrunch: These startups are locating in SF and Africa to win in global fintech

To become a global fintech player, locate your company in San Francisco and Africa. That’s the approach of payments company Flutterwave, digital lending startup Mines, and mobile-money venture Chipper Cash—Africa-founded ventures that maintain headquarters in San Francisco and operations in…