Facebook’s Libra project is being readied to debut early next year. The controversial payments platform reportedly just needs regulatory approval from Switzerland, where Libra is based, before it launches.
Coinbase said on Friday that its institutional business has grown enormously since its acquisition of OTC broker Tagomi earlier this year. The value of its holdings for institutional customers has risen to about $20 billion.
Binance has filed a lawsuit against Forbes and two of its journalists for publishing an article alleging that Binance deliberately acted to evade U.S. regulations. Binance is claiming defamation and is seeking compensatory and punitive damages.
BitPay, a company founded in 2013 to help merchants receive and process bitcoin payments, is launching BitPay Send to allow firms to make mass cryptocurrency payments to employees, contractors and vendors.
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