THE world's leading economies need to plug gaps in their rulebooks to avoid digital currencies like Facebook's planned Libra stablecoin from undermining financial stability, the Group of 20...

EDITORIAL

AFTER talking about it since 2014, China seems to have finally decided to move on its digital currency plan. Beijing's central bank recently sent out its strongest signal yet that this year is...

THE past decade has seen a great deal of transformation in the financial services sector as it wades into digital waters, providing a range of new digitally-enabled services for consumers today....

[BENGALURU] Facebook Inc will revamp its plans for digital currencies amid regulatory scrutiny, The Information reported on Tuesday.

[SINGAPORE] Bitcoin volatility is back to levels not seen since early November, thanks to a sudden tumble toward the end of the US day.

[TOKYO] A group of Japanese ruling party lawmakers urged the government on Friday to issue Japan's own digital currency to counter China's plan to create a digital yuan.

THE BOTTOM LINE

WHEN Facebook announced its plan last June to issue a digital currency, Libra, the official sector's initial response was muted. Central banks could not be seen as overtly unwelcoming to...

THE challenge posed by Facebook's Libra cryptocurrency likely prodded major central banks to set up a new group to study the potential for issuing their own digital currencies, a former Bank of...

THE BOTTOM LINE

THE global discussion on the future of money has been irreversibly altered in the six months since Facebook announced plans for a digital currency. While Libra's own prospects have dimmed, major...

[HONG KONG] So is China readying its own Bitcoin? Banish the thought.