Crypto

Platform Industry: All things crypto platforms and digital currency

Bitcoin falls as cryptocurrencies suffer in market volatility

Bitcoin plummeted yesterday, amid turmoil in cryptocurrency markets, with traders citing a sell-off across assets as fears of the economic damage from the coronavirus pandemic take...

Platform News: Reserve Bank of India RBI

Updated: Supreme Court quashes Reserve Bank of India’s banking ban on cryptocurrency

Interested to learn that the Supreme Court in India has overturned a central bank ban which forbid lenders to facilitate banking transactions for cryptocurrency exchanges and trade...

Platform Industry News: Crypto platforms and cryptocurrencies

US charges two Chinese nationals with helping North Korea steal millions in cryptocurrency

The Justice Department in the United States has charged two Chinese nationals with laundering more than $100 million in cryptocurrency on behalf of North Korea, in court filings th...

Platform Industry: All things crypto platforms and digital currency

Is it a currency? A commodity? Bitcoin has an identity crisis

LONDON – So bitcoin’s a currency, right? Well, yes, it can be used to buy, sell and price goods much like dollars and euros.

Libra

Facebook’s Libra lacks solid plan for launch- governing board member

LONDON – Facebook’s Libra project has no solid plan yet for how or where it will be launched next year, a member of the board that will oversee the cryptocurrency told ...

Platform Industry: All things crypto platforms and digital currency

New York state regulator proposes new framework for crypto coin listings

Reuters – New York State’s financial regulator proposed a plan yesterday that would allow licensed virtual currency firms that have already received approval for coin l...

Libra

European Union agrees tough line on digital currencies

BRUSSELS – Private digital currencies like Facebook’s Libra should not be allowed in the European Union until the risks they could pose are clearly addressed, EU financ...

Bitcoin China

Bitcoin plummets to a six-month low on China crackdown

LONDON – Bitcoin slumped to a six-month low on Friday after China’s central bank launched a fresh crackdown on cryptocurrencies, warning of the risks entailed in issuin...

China

China central bank cracks down on cryptocurrency trading in Shanghai

SHANGHAI – China’s central bank launched on Friday a fresh crackdown on cryptocurrency trading in the financial hub of Shanghai, after Beijing’s promotion of bloc...

Crypto

Crypto backed by crypto: Dai seeks to change ‘stablecoin’ game

LONDON – Some are backed by dollars. Others by gold. But this “stablecoin” isn’t tied to any major asset – it’s backed by another cryptocurrency...