Bitcoin

US Treasury Secretary Janet Yellen

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...

Platform Industry: Bitcoin and digital currencies

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.

Crypto Coins

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...

Platform News: Squarespace

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 Payment

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...

Crypto Coins

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 ...

Platform News: Bitcoin and the rise of cryptocurrencies

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.

Platform News: BBVA

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.

Bitcoin China

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...

Bitcoin China

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...

Platform News: Bitcoin and the rise of cryptocurrencies

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...

Platform News: Bitcoin and the rise of cryptocurrencies

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...

Platform News: A visualisation of Bitcoin, digital currency and cryptocurrency

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...

Crypto

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.

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