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Miami mayor sees bitcoin move as way to attract tech

The city of Miami is seeking to embrace bitcoin in its operations, a move that could bring dividends in terms of attracting technology companies, Mayor Francis Suarez said. The city…

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Hit by cryptocurrency curbs, Chinese fund managers look elsewhere to ride bitcoin bull

As the price of bitcoin soars, Chinese cryptocurrency asset managers are looking to expand in places such as Hong Kong and Singapore, skirting an intensified crackdown at home. Cryptocurrency-focused hedge…

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Crypto exchange OKEX suspends cryptocurrency withdrawals

OKEX, one of the world's largest cryptocurrency exchanges, said on Friday it had suspended withdrawals of digital assets, also known as cryptocurrencies. The exchange said in a statement posted on…

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Central banks sketch out digital currency as China forges ahead

A group of seven major central banks including the U.S. Federal Reserve set out on Friday how a digital currency could look like to help catch up with China's "trail…

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Kazakhstan in talks on $700 million in cryptocurrency mining projects

Kazakhstan is in talks to attract investments worth 300 billion tenge ($714 million) into the cryptocurrency sector, Digital Development Minister Bagdat Mussin said on Wednesday. Kazakhstan claims to account for…

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U.S. seeks to seize 280 cryptocurrency accounts tied to North Korean hacks

The U.S. government sought to seize 280 cryptocurrency accounts it said were used by North Korean hackers who stole millions of dollars of cryptocurrency from two virtual exchanges, and used…

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Singapore’s Temasek joins Facebook-backed Libra project

Singapore state investor Temasek Holdings has joined the Facebook-backed Libra digital currency project which has faced intense scrutiny from global regulators worried its launch could erode national control over money.…

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Cryptocurrency gaining popularity among Swiss as an investment

Cryptocurrencies as an investment class is becoming more popular among Swiss savers. Young people in particular are increasingly venturing into bitcoin and other digital money. A survey conducted by the market research institute Intervista on…

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Swiss ski resort accepts bitcoin for settling tax bills

The iconic ski resort of Zermatt has become the second local authority in Switzerland to allow residents to pay their tax bills using the cryptocurrency bitcoin. Zermatt, which lies in…

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UNICEF now accepting cryptocurrency donations

The UN children’s agency UNICEF as of Wednesday, will be able to receive, hold and disburse donations of cryptocurrencies and bitcoin through its newly established Fund, a first for UN…

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France and Germany agree to block Facebook’s Libra

France and Germany have agreed to block Facebook’s Libra cryptocurrency, the French finance ministry said on Friday. In a joint statement, the two governments affirmed that “no private entity can…

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Switzerland’s first crypto banks receive licences

The Swiss financial regulator has awarded banking and securities dealer licences to two new “crypto banks”. SEBA and Sygnum have been cleared to operate, a major milestone for the fledging…

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Barclays no longer banking cryptocurrency exchange Coinbase

Barclays is no longer providing banking services to cryptocurrency exchange Coinbase, sources familiar with the matter told Reuters, ending a relationship that started in March last year as the exchange…

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India seems set to ban private cryptocurrencies

In a setback for cryptocurrency enthusiasts and start-ups, India seems all set to ban private cryptocurrencies after an inter-ministerial committee (IMC) suggested outlawing private cryptocurrencies, like Bitcoin, apart from declaring…

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Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook’s planned Libra digital coin. Bitcoin…

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Cuba considering introduction of cryptocurrency

Cuba’s Communist government announced that it was studying the potential use of cryptocurrency as part of a series of measures to boost its economy amid a deepening crisis exacerbated by…

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Arrests in the UK and Netherlands in €24 million cryptocurrency theft

The UK’s South West Regional Cyber Crime Unit (SW RCCU) in a joint operation with the Dutch police (Politie), Europol, Eurojust and the UK’s National Crime Agency (NCA) has arrested…

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Facebook sets eyes to become world’s leading ecommerce platform as it launches its cryptocurrency on Tuesday

Wall Street analysts are eagerly anticipating Facebook’s possible unveil of its long-awaited cryptocurrency payments plan on Tuesday. According to various reports the company is preparing to finally reveal what it…

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Cryptocurrency experts meet at Europol to strengthen ties between law enforcement and private sector

Over 300 cryptocurrency experts from both law enforcement and the private sector attended the sixth Cryptocurrency Conference hosted at Europol’s headquarters from 12 to 14 June 2019. The event, organised…

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Facebook plans to launch its own cryptocurrency

Facebook is planning to launch its own cryptocurrency, dubbed GlobalCoin, in early 2020, allowing users to make digital payments in a dozen countries. GlobalCoin would enable Facebook’s 2.4 billion monthly…

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Multi-million euro cryptocurrency laundering service Bestmixer.io taken down

The Dutch Fiscal Information and Investigation Service (FIOD), in close cooperation with Europol and the authorities in Luxembourg, clamped down on one of the world’s leading cryptocurrency mixing service…

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Millions in cryptocurrencies frozen after founder of Quadriga platforms died

About C$180 million in cryptocurrencies have been frozen in the user accounts of Canadian digital platform Quadriga after the founder, the only person with the password to gain access, died suddenly…

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