cryptocurrencies

Bitcoin slides to four-month lows, ether sinks 8%

Bitcoin sank to a four-month low on Friday and was on course for its worst weekly performance in a year, hurt by uncertainty over whether Joe Biden will remain the…

Read More Here

Bitcoin hits record above $71,000 as demand frenzy intensifies

By Amanda Cooper and Harry Robertson LONDON, March 11 (Reuters) - Bitcoin hit a record high on Monday above $71,000, as the surge in the biggest cryptocurrency showed no signs…

Read More Here

Bitcoin back on the rise after vaulting to new record

SINGAPORE, March 6 (Reuters) - Bitcoin rallied again on Wednesday after retreating briefly from an all-time high it set less than 24 hours earlier, as bulls showed few signs of…

Read More Here

Crypto firm Circle to end support for USDC stablecoin on Tron blockchain

By Tom Wilson LONDON, Feb 21 (Reuters) - Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision the company said…

Read More Here

Bitcoin eyes third straight day of gains after touching two-month high

(Reuters) - Bitcoin rallied for a third straight day after hitting its highest level since mid-April, boosted by BlackRock's plan to create a bitcoin exchange-traded fund (ETF) even as the…

Read More Here

Crypto should be regulated as gambling, UK lawmakers say

By Huw Jones LONDON, May 17 (Reuters) - Bitcoin, ether and other cryptocurrencies should be regulated as gambling given they are potentially used by fraudsters and pose significant risks to…

Read More Here

Cryptoverse: Big investors edge back to bitcoin

Big investors are dipping their toes into crypto waters again after a bumper month for bitcoin. Digital asset investment products, often favored by institutional investors, saw inflows of over $117…

Read More Here

UK Law Commission says crypto assets need new rights in law

LONDON, (Reuters) - Britain should create a new category of private property law for digital assets like cryptocurrencies which are being used to make payments or represent other assets, independent body the…

Read More Here

Crypto assets need new rights in law, UK legal body says

LONDON, July 28 (Reuters) - Britain should create a new category of private property law for digital assets like cryptocurrencies which are being used to make payments or represent other assets, independent…

Read More Here

FACTBOX-Crypto lenders run into difficulties

(Reuters) - Crypto lenders, which boomed during the COVID-19 pandemic, have run into difficulties recently due to a slump brought on by the downfall of a major token in May and a…

Read More Here

Small players lose faith in crypto after sell-off

Nofe Isah, a 25-year old based in Nigeria, has been investing in crypto since January. Last week, she lost all of her $5,000 in savings as cryptocurrency luna went into…

Read More Here

Cryptoverse: 10 billion reasons bitcoin could become a reserve currency

A crypto platform's pledge to amass $10 billion worth of bitcoin to back its own "stablecoin" is firing up the market. It's part of a wider movement to crown bitcoin…

Read More Here

Meta plans virtual currency, creator coins for its apps – FT

(Reuters) - Meta Platforms Inc readying plans to introduce virtual tokens and cryptocurrencies to its family of apps with an aim to use such virtual tokens for rewarding creators and lending and…

Read More Here

Cryptoverse: Bitcoin runs into Russian rules and regiments

Bristling tensions and looming laws in Europe could offer clues to two questions: Can bitcoin be a safe-haven asset? And can Russia emerge as a crypto superpower? The answer to…

Read More Here

Russian authorities draw up ‘road map’ to regulate cryptocurrencies -document

MOSCOW, Jan 28 (Reuters) - Russian authorities have drawn up a 'road map' that envisages restrictions on cryptocurrencies but not a complete ban as advocated by the central bank, a…

Read More Here

Crypto crime hit record $14 billion in 2021, research shows

Crime involving cryptocurrencies hit an all-time high of $14 billion last year, blockchain researcher Chainalysis said, a record that comes as regulators call for more powers over the fast-growing sector.…

Read More Here

PayPal launches crypto checkout service

PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move…

Read More Here

Mastercard to open up network to select cryptocurrencies

Mastercard Inc said on it was planning to offer support for some cryptocurrencies on its network this year, joining a string of big-ticket firms that have pledged similar support. The…

Read More Here

U.S. eyes innovation to battle misuse of cryptocurrencies, narrow digital gaps

U.S. Treasury Secretary Janet Yellen on Wednesday warned about an “explosion of risk” from digital markets, including the misuse of cryptocurrencies, but said new financial technologies could also help fight…

Read More Here

Big European states call for cryptocurrency curbs to protect consumers

Germany, France, Italy, Spain and the Netherlands called on the European Commission to draw up strict regulation for asset-backed cryptocurrencies such as stablecoins to protect consumers and preserve state sovereignty…

Read More Here