payments


Markets

CEO: Coinbase Has Earned $2 Billion in Transaction Fees Since 2012

Coinbase turned a profit since 2017 and has earned $2 billion in transaction-fee revenue since its founding in 2012.

Brian Armstrong speaks at Consensus 2019.

Markets

Tencent Says Libra Would Pose Serious Threat to Alipay, WeChat Pay

Chinese internet giant and parent of WeChat, Tencent said Libra would pose serious risks to current digital payment systems in the country.

Tencent

Markets

Blockstack's STX Token Now Traded on Binance and HashKey Pro

The advance is set to expand investors' access to Stacks (STX) – especially in Asia, a "priority region" for Blockstack.

muneeb, blockstack

Markets

Ripple Boosts Blockchain Advocacy Efforts With DC Office

Ripple has opened a new D.C. office and expanded its regulatory team as it seeks to better educate policymakers on blockchain tech.

Ripple CEO Brad Garlinghouse

Markets

As Lightning's Economy Takes Shape, Devs Are Split on Proposed Fee Hike

At the lightning network's inaugural conference in Berlin, the future economics of the bitcoin payment technology took center stage.

Lightning Labs CTO Olaoluwa Osuntokun, 2019

Markets

Libra Could Drop 'Basket' and Issue Individual Fiat Stablecoins

Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)

Markets

France's Le Maire Attacks Facebook's 'Political' Ambitions With Libra

The French finance minister has said Libra is an "unacceptable" challenge to state sovereignty and suggested political motives behind the project.

Bruno Le Maire French Finance Minister

Markets

Blockchain-Shy Bank of America Quietly Pilots Ripple Technology

Bank of America, the second-largest U.S. bank, has discreetly tested out Ripple’s distributed ledger technology – and may be planning to do more with it.

Bank of America

Markets

US Treasury Secretary: Regulatory Fears Forced Libra Exodus

U.S. Treasury Secretary Mnuchin said backers of Facebook’s Libra withdrew from the project, fearing it would not meet regulatory standards.

mnuchin-2

Markets

5 Top Car Makers Enter Field Trials for Automatic Blockchain Payments

Renault, BMW, General Motors, Honda and Ford are set to begin real-world testing of blockchain IDs for cars next month.

tunnel, cars