El Salvador may be the first country to accept Bitcoin as legal tender
It could protect against inflation if it works as promised.
Money
Coinbase struggles with outages during cryptocurrency volatility
Elon Musk's turn against Bitcoin prompted the selloff.
The UK's Alan Turing £50 bank note is a love letter to coding
It's also the country's most secure bank note to date.
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India will propose a law banning private cryptocurrencies like Bitcoin
It would help establish an official digital currency instead.
You can now spend China's digital currency at an online store
JD.com will take your digital yuan.
PayPal drops domain registrar Epik over its 'alternative' digital currency
Epik is accusing PayPal of political bias.
Investment app Robinhood scraps UK expansion
The UK was a key target market before COVID-19.
Facebook’s global currency plans were always doomed
The Libra climbdown just confirms it.
UK raises contactless payment limit to £45 amid coronavirus spread
The move has been prompted by hygiene concerns.
The IRS won't ask you to report 'Fortnite' V-Bucks on tax returns
The agency's overall approach to in-game currency isn't clear, though.
Epic Games Store will keep offering free games throughout 2020
Gotta keep its 108 million customers happy.
International money transfer service Travelex held ransom by hackers
The group wants $6 million in exchange for sensitive data.
Tech companies won’t become banks, but they’ll pretend to
Apple, Google and the rest don't want to make money on banking.
Facebook releases Zuckerberg’s upcoming testimony in defense of Libra
He'll present his arguments to Congress tomorrow.
Facebook's Libra loses one more member as its council becomes official
The owner of Kayak and Priceline bailed at the last minute.
EU grills Facebook over Libra's financial and privacy risks
It's concerned the cryptocurrency could create instability.
Facebook's Libra currency will get half its backing from the US dollar
China isn't included, which might help it launch sooner.
Central banks to question Facebook over Libra cryptocurrency
They're concerned the virtual money would destabilize the financial world.
China's official digital currency is nearly ready
The country may use it to create stability.
