Digital Currencies

Russian President Putin

Putin says crypto currencies too unstable to be used for oil contracts

Russian President Vladimir Putin said that crypto currencies were too unstable to be used to settle oil contracts but that they still deserved a place as a means of payment.

Digital currencies

G7 finance officials endorse principles for central bank digital currencies

G7 finance officials have endorsed 13 public policy principles for retail central bank digital currencies, saying they should be grounded in transparency, the rule of law and sound...

Platform News: Coinbase

Coinbase says attentive to regulatory concerns after profit beat

US cryptocurrency exchange Coinbase Global Inc has beaten market estimates for second-quarter profit boosted by a near 38% jump in trading volumes on a sequential basis, but foreca...

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

CoinShare data: Bitcoin and cryptos post 5th straight week of outflows

Bitcoin investment products and funds registered outflows for a fifth consecutive week, as investor sentiment remained cautious in the midst of increased global regulatory scrutiny...

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...

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 US central bank to set up a digital currency is that it could undercut the need for priv...

Platform News: Binance

Britain bans Binance’s UK ops in latest cryptocurrency crackdown

The UK’s financial regulator has said Binance, one of the world’s most prominent cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to...

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

China blocks several cryptocurrency-related social media accounts

A slew of crypto-related accounts in China’s Twitter-like Weibo platform were blocked over the weekend, as Beijing stepped up a crackdown on bitcoin trading and mining.

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...

Platform News: Coinbase

Coinbase appoints former White House staffer as chief policy officer

Coinbase has appointed Faryar Shirzad, a former White House official, as chief policy officer, the cryptocurrency exchange said in a blog post.

Platform Industry: Bitcoin and digital currencies

Cryptocurrency recovery stalls as miners eye exits

Cryptocurrencies fought to find a footing after even weekend cheerleading from Tesla CEO Elon Musk seemed unable offset selling pressure from spooked investors or nerves stemming f...

Bitcoin

Bitcoin struggles for footing on worries over China, leverage

Bitcoin regained some ground on Thursday from the previous session’s brutal slide to four-month lows but was weighed down by concerns over tighter regulation in China and une...

Ethereum news

Ethereum hits record high as 2021 gains near 500%

Cryptocurrency ether hit another record high, taking gains this year to close to 500% on the back of growing interest in decentralized finance applications and increasing instituti...