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 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 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...


Facebook’s cryptocurrency Libra and digital wallet Calibra

SAN FRANCISCO/NEW YORK – Facebook Inc revealed lofty plans to establish a cryptocurrency called Libra in June, but the project quickly ran into trouble with sceptical regulat...

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