The cryptocurrency market made a swift comeback from the turbulence last week triggered by China’s latest crackdown volley.
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Cryptocurrency exchanges and providers of crypto services are scrambling to sever business ties with mainland Chinese clients.
China’s multiyear crackdown on the crypto industry may have reached its apex on Friday, cementing a shift in the balance of power away from one of the countries that first embraced the digital currency world.
China intensified a crackdown on cryptocurrency trading on Friday, vowing to root out “illegal” activity and banning crypto mining nationwide.
South Africa’s Financial Sector Conduct Authority has warned the public to be cautious in dealing with Binance, the world’s largest cryptocurrency exchange.
Cryptocurrency firms are fighting for lobbyists and fielding subpoenas in what could be an existential fight over how the multitrillion-dollar industry should be regulated.
Bitcoin extended losses on Tuesday, falling to the lowest level since August after a global selloff in riskier assets.
Bitcoin and US stocks are moving increasingly in lockstep as investor anxiety builds ahead of this week’s Federal Reserve meeting.
The lesson haunting regulators is that falling asleep at the wheel before the next crypto-market slump could leave far bigger scars than in 2017. By Lionel Laurent.
A total failure in El Salvador won’t doom digital currencies, but it will force a downward revision in potential market share of many crypto ideas. By Aaron Brown.