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Industry Keyword: Digital currency

HomeKeywords:Digital currency

FBI to form digital currency unit, Justice Dept taps new crypto czar

The US Justice Department has tapped a seasoned computer crimes prosecutor to lead its new national cryptocurrency enforcement team and announced that the FBI is launching a unit for blockchain analysis and virtual asset...

Cryptocurrency exchange Coinstore enters India despite pending curbs on trade

Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar most private cryptocurrencies. Coinstore has launched its web and app platform and...

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 that operate with them are subject to sanctions. The...

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 suspected violation of foreign exchange regulations. The investigation comes at time when...

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 potential to help Salvadorans living...

Facebook-backed crypto Diem to launch US stablecoin in major shift

Digital currency group Diem Association, formerly known as Libra project, plans to launch a US dollar stablecoin as it scales back its global ambitions to focus on the US, the group has said. The association,...

Analysis: Cryptocurrency ethereum is flourishing but risks linger

Ethereum has outperformed major digital currency rivals this year, bolstered by the surge in decentralized finance (DeFi) and the anticipation of a technical adjustment this summer, but it faces hurdles that could stall its...

Cryptocurrency ether rises to new record high over $3,600

Ether, the world's second-largest cryptocurrency after bitcoin, has extended a breakaway rally to a new record high of $3,616, gathering momentum as investors diverted focus from its main rival. On the Bitstamp Exchange ether was...

KKR-backed KnowBe4 valued at over $3.5 billion in strong Nasdaq debut

Cybersecurity vendor KnowBe4 Inc has joined a string of technology-focused companies that saw strong market debuts in the US this year, after its shares opened nearly 25% above their offer price on Nasdaq. The company,...

Dogecoin surges to record high, up almost 300% in a week

The Dogecoin cryptocurrency surged more than 90% to a record high on Friday, putting its gain for the week at almost 300%. The latest rally in Dogecoin came two days after billionaire Elon Musk tweeted,...

Bitcoin extends retreat from record high to hit lowest in 20 days

Bitcoin dropped 6.39% to $43,165.78 on Sunday, losing $2,944.20 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, has fallen 26% from the year's high of $58,354.14 on February the 21st when it...

Boom: with more mainstream acceptance Bitcoin tops $50,000

Bitcoin headed above $50,000 for the first time ever today, adding steam to a rally fuelled by signs that the world's most notable crypto is gaining acceptance among mainstream investors. Bitcoin hit a record $50,603...