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It Looks Like Facebook Might Be Gearing Up…

Photo: Alastair Pike/AFP (Getty Images) While it might seem ridiculous for Facebook to accuse any other company of having monopolistic tendencies, apparently the social media giant has spent the past several months preparing for an…

Biden Pick for Treasury Dept Role Worked as…

File photo of Michael S. Barr, second from the left, in 2010, then Assistant Treasury Secretary for Financial Institutions in the Obama administration.Photo: Susan Walsh (AP) President Joe Biden’s pick to be the new comptroller…

Singapore-based Volopay raises $2.1 million seed round to…

Volopay, a Singapore-based startup building a “financial control center” for businesses, announced today it has raised $2.1 million in seed funding. The round was led by Tinder co-founder Justin Mateen, and included participation from Soma…

New York licenses GMO Internet to issue the…

The New York Department of Financial Services (NYDFS) has approved Tokyo-based GMO Internet to launch GYEN, the first stablecoin pegged to the Japanese yen. GMO Internet, an internet conglomerate that offers a large array of…

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India plans to introduce law to ban Bitcoin,…

India plans to introduce a law to ban private cryptocurrencies such as bitcoin in the country and provide a framework for the creation of an official digital currency during the current budget session of parliament.…

A Game Livestreaming Site Has Become an Extremist…

Wednesday’s insurrection in the US Capitol wasn’t just broadcast by journalists and bystanders with smartphones; it was broadcast by its own perpetrators. Mainstream platforms like Facebook cracked down on videos glorifying the attack, fueled in…