South Africa’s financial regulator says its hands are tied in the alleged $3.6-billion bitcoin fraud at Africrypt because cryptocurrency is not yet a regulated product there.
Browsing: Cryptocurrencies
While thousands of investors were scrambling to find out what happened to funds they had invested in failed crypto scam MTI, a far bigger crypto disappearing act has been playing out.
China’s crackdown on the cryptocurrency industry is expected to spur miners to uproot their operations and head abroad.
Bitcoin fell below $30 000 for the first time in nearly five months as China’s latest crackdown on cryptocurrencies weighed.
Cryptocurrencies have become a tool for Venezuelans to send remittances, protect wages from inflation and help businesses manage cash flow in a quickly depreciating currency.
Bitcoin’s slide towards $30 000 amid China’s continued cryptocurrency crackdown is stoking fears of a deeper sell-off, with one researcher warning a break lower could bring a world of pain.
China’s central bank said on Monday it had urged some banks and payment firms to crack down harder on cryptocurrency trading, in the latest move by Chinese authorities to stem the use of digital coins.
Bitcoin slid on Monday amid a fraying appetite for riskier investments and an intensifying cryptocurrency crackdown in China.
I’d like to explain to some of my crypto friends why parts of the mainstream economics and financial world do not take them more seriously. By Tyler Cowen.
Nigeria’s Central Bank is preparing a digital currency pilot that could launch as early as the end of this year, its director of IT said in a recording.