Bitcoin
Yellen urges quick US adoption of stablecoin rules
Treasury Secretary Janet Yellen has told regulators that the US government must move quickly to establish a regulatory framework for stablecoins, a rapidly growing class of digital...
News short: Square to create new bitcoin-focused business unit
FinTech company Square Inc is creating a new business focused on bitcoin, Chief Executive Officer Jack Dorsey said in a tweet on Thursday.
Powell says a Fed digital currency could undercut need for cryptocurrencies
Federal Reserve Chair Jerome Powell on Wednesday said one of the stronger arguments for the U.S. central bank to set up a digital currency is that it could undercut the need for pr...
Dorsey’s Square plans to make hardware wallet for bitcoin
Square Inc will make a hardware wallet for bitcoin, the payments company confirmed in a tweet yesterday, shortly before US Senator Elizabeth Warren flagged growing risks posed to c...
Visa says spending on crypto-linked cards topped $1 billion in first half this year
Visa Inc has said its customers spent more than $1 billion on its crypto-linked cards in the first half of this year, as the payments processor takes steps to make crypto transacti...
Mexico says cryptocurrencies are not money, warns of risks
Mexican financial authorities have said that crypto assets are not legal tender in Mexico and are not considered currencies under current laws, warning that financial institutions ...
Bitcoin slumps further as China tightens crypto crackdown
Bitcoin has tumbled to a two-week low on China’s expanding crackdown on bitcoin mining, as investors grew more uncertain about the future of the leading cryptocurrency.
BBVA opens Bitcoin trading service to clients in Switzerland
Spain’s BBVA has said it is launching a bitcoin trading service for private banking clients in Switzerland interested in digital asset investment.
China’s cryptocurrency-mining crackdown spreads to Sichuan
China’s crackdown on cryptocurrency “mining” has extended to the southwest province of Sichuan, where authorities ordered cryptocurrency mining projects closed in...
More Chinese provinces issue bans on cryptomining
Authorities in China’s northwestern province of Qinghai and a district in neighbouring Xinjiang ordered cryptocurrency mining projects to close this week, as local government...
India investigates Binance unit’s crypto transactions
India’s financial crime-fighting agency said on Friday that WazirX, one of the country’s largest cryptocurrency exchanges and its directors, were under investigation for susp...
El Salvador’s president says will send bill to make bitcoin legal tender
El Salvador’s President Nayib Bukele has said that he will send a bill to Congress next week to make bitcoin legal tender in the Central American nation, touting its potentia...
Elon Musk’s trolling puts brakes on bitcoin’s rebound
Bitcoin slipped 4% on Friday after SpaceX and Tesla CEO Elon Musk was at it again – this time firing off a few tweets that appeared to lament a breakup with the cryptocurrenc...
Ethereum extends gains to rise 8%; bitcoin firms
Cryptocurrency Ethereum extended gains to rise more than 8% on Monday to $2,587 but remained 40% below a record high of above $4,300 hit earlier this month.