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Financial sector

Technology

The price of bitcoin has surged above $11,000 (£8,600), its highest level in 15 months, amid renewed hype over cryptocurrencies after Facebook said it was planning to launch a digital currency next year. Bitcoin has risen in value by almost $2,000 in the week since the US technology firm revealed plans to create a cryptocurrency …

Technology

Facebook has announced a digital currency called Libra that will allow its billions of users to make financial transactions across the globe, in a move that could potentially shake up the world’s banking system. Libra is being touted as a means to connect people who do not have access to traditional banking platforms. With close …