Libra

Amid the Covid-19 pandemic, experts have warned that the virus could spread via physical money as the monetary notes and coins may carry viruses and up to 3,000 types of bacteria. In March, the World Health Organization confirmed that banknotes

Here are the tech events that made the news this year.

SINGAPORE (July 22): Bitcoin slumped more than 10% last weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook’s planned Libra digital coin.

SINGAPORE (July 1): The Monetary Authority of Singapore has raised questions about Facebook’s plan to launch its own digital currency, in particular about whose regulatory oversight it would fall under.

(June 27): The Monetary Authority of Singapore has held discussions with Facebook Inc. about its plans for a new cryptocurrency, though the regulator still sees significant obstacles in the way of the social media firm’s project.

(June 24): 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.

SINGAPORE (June 24): Facebook is launching a digital currency that can be used seamlessly on mobile phones at near-zero fees. The social networking giant will also build its own mobile wallet, Calibra, which will act almost like a bank, hosting accounts,

SINGAPORE (June 24): Facebook has just unveiled its latest bid for world domination: Libra, a cryptocurrency designed to function as private money anywhere on the planet. In preparing the venture, Facebook CEO Mark Zuckerberg has been in negotiations with

SAN FRANCISCO/NEW YORK (June 18): 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.