The company statements confirmed the fears of security experts that the service itself — rather than users — had been compromised.

China's bitcoin miners now control two-thirds of the crypto-network's processing power, research showed on Wednesday, a growing share that is likely to benefit the country's miners. Miners in China control 66 percent of the global "hashrate," a measure of the power of computers hooked up ...

China's central bank digital currency may boost the internationalization of the yuan.

The choice for governments and central banks is whether to stand in front of a train that is gaining steam, or get on board and reap the benefits.

The remedy for the financial woes of people in developing countries isn't going to come from Facebook.

U.S. payments processor PayPal said on Friday it was leaving Libra Association, the entity managing the Facebook-led effort to build global digital currency Libra, making it the first member to exit the group. PayPal said it would forgo any further participation in the group and ...

Bank of England Gov. Mark Carney took aim at the dollar's "destabilizing" role in the global economy on Friday and said central banks might need to join together to create their own replacement reserve currency. The dollar's dominance of the global financial system increases the ...

With the Group of Seven (G7) reaching agreement to push for the highest standards of regulation on Facebook Inc.'s proposed Libra digital currency, Japan plans to step up discussions on how to regulate and oversee the project that could offer faster and cheaper remittances. A ...

Like previous attacks, the hackers cleaned out the Japanese exchange’s “hot wallet,” forcing it to suspend all services. Customers lost ¥2.5 billion in Ripple and other cryptocurrencies.

Facebook Inc. was hours away from the formal announcement of its ambitious foray into financial services, but French Finance Minister Bruno Le Maire was already broadcasting his discontent. 'It's out of the question" that the social-media giant's digital money compete with sovereign currencies, Le Maire ...

Line Corp., the nation's largest messaging app, is close to obtaining a license to launch a cryptocurrency exchange in Japan, according to people familiar with the matter. The Financial Services Agency could issue the license as early as this month, with exchange operations starting a ...

Facebook Inc. revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments. Facebook has linked with 28 partners in a Geneva-based entity called the Libra Association, which ...