Bloomberg Naspers Ltd-backed cryptocurrency platform Luno is planning to increase its workforce by almost 60 percent to expand its South African headquarters as Bitcoin once again breaches $10,000. The Bitcoin and Ethereum exchange will hire 150 new employees by the end of the year to boost its software-development team, taking its headcount to more than 400 across seven offices in …

Bloomberg The drumbeat for a Federal Reserve interest rate cut is getting louder, with one policy maker calling for a 50 basis point reduction. Minneapolis Fed President Neel Kashkari said that he’d advocated for such a move at the central bank’s June 18-19 meeting, where officials ended leaving rates unchanged. Other policy makers speaking didn’t go as far as Kashkari, …

Bloomberg The biggest US banks have a chance to get in on the new cryptocurrency spearheaded by Facebook Inc. The association behind the Libra coin is in talks with the banks to participate in its governing body, according to a person familiar with the matter who asked not to be identified discussing private negotiations. The person didn’t specify which banks …