Keyword "EF:BUSINESS-FUTURE-OF-MONEY" - List of latest news (311 results)

17/04 Bhutan turns to 'green' cryptocurrency to fuel economy

The Himalayan nation of Bhutan is exploring ways to mine and leverage green cryptocurrencies using hydropower to boost its economy and create jobs to reduce brain drain, the chief executive of its sovereign wealth fund said.

31/03 How Trump family took over World Liberty Financial as it raised hundreds of millions

As World Liberty Financial raised more than half a billion dollars, President Donald Trump’s family took control of the crypto venture and grabbed the lion’s share of those funds, aided by governance terms that industry experts say favor insiders.

07/03 Crypto leaders to meet at Trump's summit, strategic reserve in focus

Cryptocurrency industry elite are set to meet with U.S. President Donald Trump at the White House on Friday to discuss how the government will enact Trump's vision of making the country the "crypto capital of the world."

07/03 Trump signs order to establish strategic bitcoin reserve

U.S. President Donald Trump signed an executive order on Thursday to establish a strategic bitcoin reserve, a day before meeting with executives from the cryptocurrency industry at the White House.

25/01 Crypto markets steady after Trump's first policy move

Crypto markets crept up on Friday, still holding below recent highs even after President Donald Trump ordered a new working group to draw up crypto regulations long hoped for by the industry and explore the creation of a U.S. cryptocurrency stockpile.

24/01 U.S. lawmakers are light on crypto heading into Trump era

President Donald Trump’s administration is expected to usher in a boom time for crypto but a Reuters review shows very few members of the incoming congress are invested in bitcoin or other digital currencies.

23/01 Trump orders crypto working group to draft new regs, explore crypto stockpile

U.S. President Donald Trump on Thursday signed an executive order creating a cryptocurrency working group tasked with proposing a new regulatory framework for digital assets, and exploring the creation of a cryptocurrency stockpile.

23/01 Exclusive: The Trump connection - Why some bought World Liberty Financial tokens

Trump’s crypto ventures are raising concerns among ethics experts and market participants about the dangers of conflicts of interest and potential for influence over the administration.

21/01 US SEC unveils new task force to start work on crypto regulations

The U.S. Securities and Exchange Commission's new leadership said on Tuesday it had created a task force to develop a regulatory framework for crypto assets, in the first major move by President Donald Trump's new administration to overhaul crypto policy.

21/01 Bitcoin, $Trump slide, waiting for crypto president Trump's promises

Bitcoin and other cryptocurrencies and even the newly minted token bearing Donald Trump's name recoiled on Tuesday, after the U.S. president's first set of policies following inauguration made no reference to this asset class.

20/01 Trump's new crypto token jumps ahead of his inauguration

Donald Trump's newly minted cryptocurrency soared on Monday to top $9 billion in market value, drawing in billions in trading volume just hours ahead of the U.S. President-elect's return to the White House.

18/01 Trump plans crypto-friendly orders in first few days in power

President-elect Donald Trump is planning to use his executive powers to reduce the regulatory burden faced by cryptocurrency companies and promote digital asset adoption in his first few days in office, according to three people briefed on the plan.

10/01 Cryptoverse: Next wave of US crypto ETFs already in the pipeline

What a difference a year makes.

31/12 Bitcoin more than doubles in 2024 on spot ETF approval, Trump euphoria

Bitcoin more than doubled in 2024 driven by the U.S. markets regulator's approval for exchange-traded funds tied to its spot price, and optimism over easing regulatory hurdles with Donald Trump set to return to the White House.

19/12 El Salvador says it will keep buying bitcoin despite IMF warning

El Salvador said on Thursday it would keep buying bitcoin, possibly at an accelerated pace, a day after the government reached a financing agreement with the International Monetary Fund that had said it should limit its exposure to the cryptocurrency.

18/12 As bitcoin soars, luxury brands consider accepting crypto payments

Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap in to fresh pockets of wealth and build loyalty with crypto investors.

12/12 Trump crypto venture partners with platform linked to Middle East militants

A crypto venture recently unveiled by U.S. President-elect Donald Trump and his new Middle East envoy, billionaire Steve Witkoff, has partnered with a crypto platform that authorities and financial experts say has been used by criminals and Iran-backed militant groups Hamas and Hezbollah.

09/12 Trump family and allies to bask in crypto industry's euphoria at Gulf bitcoin gathering

Their appearance in Abu Dhabi comes as the digital currency sets record highs.

05/12 Bitcoin's wild ride toward $100,000

Bitcoin broke above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president fuelled bets that his administration will create a friendly regulatory environment for cryptocurrencies.

05/12 Bitcoin tops $100,000 on optimism over Trump crypto plans

Bitcoin rose above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president of the United States spurred expectations that his administration will create a friendly regulatory environment for cryptocurrencies.

22/11 Bitcoin at record highs, sets sights on $100,000

Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration.

21/11 Bitcoin breaks $95,000 for first time on optimism over Trump crypto plans

Bitcoin's march toward $100,000 made further ground on Thursday as investors bet a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the asset class.

20/11 Bitcoin breaches $94,000 for the first time

Bitcoin rose to a record high above $94,000 as a report that Donald Trump's social media company was in talks to buy crypto trading firm Bakkt added to hopes of a cryptocurrency-friendly regime under the incoming Trump administration.

14/11 Crypto industry pushes for policy sea change after Trump victory

The crypto industry is pushing for an ambitious raft of policies that would promote the widespread adoption of digital assets and considering who best to promote them, as they anticipate a cryptocurrency-friendly regime under President-elect Donald Trump.

14/11 Crypto market capitalisation hits record $3.2 trillion, CoinGecko says

The value of the global cryptocurrency market has topped $3 trillion as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners of the asset class.

13/11 Crypto legislation likely coming under Trump, ex-SEC chief says

Congress is likely to adopt legislation governing cryptocurrencies during President-elect Donald Trump's administration, Jay Clayton, a former top Wall Street regulator and potential political appointee, said on Wednesday.

12/11 Record-breaking bitcoin rally nears $90,000 on Trump boost

Bitcoin stood on the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto friendly.

11/11 Bitcoin surges to record high on Trump bets

Bitcoin soared to record high of over $81,000 on Monday as Donald Trump's victory in the U.S. presidential election along with pro-crypto candidates being voted to the Congress spurred expectations of a light-handed regulatory environment.

04/11 Crypto firms including Robinhood, Kraken launch global stablecoin network

A consortium of financial technology and cryptocurrency companies including Robinhood , Kraken and Galaxy Digital on Monday introduced a joint stablecoin pegged to the U.S. dollar.

04/11 Cryptoverse: U.S. election speculators play the prediction markets

Donald Trump is a clear favorite to beat Kamala Harris - that's if you put your faith in prediction markets, the latest frontier for the indefatigable crypto speculator.

31/10 US crypto industry expects friendlier Washington, whoever wins White House

The cryptocurrency industry has spent years clashing with Democratic President Joe Biden's administration over regulatory issues, but executives expect an easier ride from Washington, regardless of who wins the White House next week.

30/10 Coinbase posts third-quarter profit on trading strength

Coinbase Global posted a third-quarter profit on Wednesday, helped by strong trading volumes at the exchange as cryptocurrency increasingly becomes a part of the mainstream investment industry following a string of regulatory clearances.

28/10 Robinhood rolls out contracts to bet on US presidential election

Robinhood said on Monday it will allow trading in U.S. presidential election event contracts, as it seeks to capitalize on growing retail demand for betting products.

26/10 Bank of England to press on with digital currency in case banks fall short, Bailey says

The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to the general public, as commercial banks risk failing to keep up with less-regulated tech firms, Governor Andrew Bailey said on Saturday.

03/09 Cryptoverse: Bitcoin ETFs take $50 billion baby steps toward big time

Last October, Matthew Hougan told an industry panel that he expected spot bitcoin exchange-traded funds (ETFs) to attract $55 billion of assets in their first five years.

06/08 Cryptoverse: Trump's bitcoin stockpile plan stirs debate

"Never sell your bitcoin," Donald Trump told a cheering crowd at a crypto convention in Nashville, Tennessee in late July.

10/07 Exclusive: Bank of Israel waiting for digital euro ahead of digital shekel launch

The Bank of Israel (BOI) remains committed to plans for a digital shekel currency to improve Israel's payments system and foster innovation, but is unlikely to launch one ahead of other advanced economies.

07/07 Taiwan c.bank says no timetable for launching digital currency

Taiwan's central bank said on Sunday that it has no timetable for launching a digital currency, warning the process will be "huge and complex", but it will hold public hearings on the matter next year to spread knowledge.

05/07 Meme stock speculation propels Koss shares 25% higher on Friday

Shares of headphone maker Koss Corp. soared for the second session in a row on Friday, closing at $13.35 a share, after trading as high as $18.50 early in the day, as social media posts speculated that a post by meme stock influencer Keith Gill indicated his interest in the company.

02/07 Bahamas to regulate banks to offer cbank digital currency

The Bahamas, the first country in the world to issue a central bank digital currency (CBDC), is now preparing regulations that will require commercial banks to provide access to the e-money in a bid to stimulate adoption, its central bank governor told Reuters.

26/06 US regulators could approve spot ether ETFs for launch by July 4, sources say

The U.S. Securities and Exchange Commission could approve exchange traded funds (ETFs) tied to the spot price of ether as soon as July 4, as talks between asset managers and regulators enter the final stages, industry executives and other participants told Reuters.

25/06 Cryptoverse: Trump drubs Biden in meme coins

Donald Trump has taken a commanding lead over Joe Biden - in the world of political meme coins, at least.

20/06 Bitcoin ETF launches on Australia's main stock exchange

A bitcoin exchange-traded fund (ETF) launched on Australia's main stock market for the first time on Thursday as fund managers debut products to satisfy investors returning to cryptocurrency markets following a boom in prices.

13/06 Roaring Kitty's predictions for GameStop are mostly unfulfilled

When Keith Gill appeared on a YouTube video in the summer of 2020 to discuss GameStop , he argued that the company's future was far rosier than the market expected. Nearly four years later, he remains bullish, even if most of his key predictions have gone unfulfilled.

11/06 GameStop’s price declines hammer Roaring Kitty’s option position

The clock is ticking for Keith Gill, the stock influencer known on YouTube as "Roaring Kitty," to lock in gains on his options position in GameStop as the company’s share price wobbles and the expiration date for the contracts draws closer.

08/06 U.S. crypto advocacy group tops 1 million members after Biden veto

Stand with Crypto, an advocacy organization for voters who own cryptocurrencies, saw its membership surpass 1 million on Wednesday, as crypto backers push politicians to create a new regulatory framework for the digital asset industry while averting more onerous compliance requirements.

07/06 Who is Keith Gill, the online influencer sending GameStop shares soaring again?

Keith Gill, the office worker who shot to notoriety after his online personas and bullish bets on GameStop sparked a retail trading frenzy, appears to be re-emerging from obscurity.

07/06 GameStop mania unfolded: Key milestones in meme stock frenzy

GameStop is back in the limelight after a hiatus of three years with the return of social media influencer "Roaring Kitty" Keith Gill, a key figure in the Reddit-driven "meme stock" rally of 2021.

07/06 How the SEC has bolstered the US market since the 2021 GameStop frenzy

The latest resurgence of retail trading in GameStop follows major changes aimed at boosting the resilience and transparency of the market following the 2021 "meme stock" saga.

07/06 Meme stock world awaits 'Roaring Kitty" livestream, GameStop drops after stock offering

Meme stock traders will be glued to their screens on Friday, when Keith Gill, online influencer and a key figure behind the eye-popping rally in the shares of GameStop in 2021, hosts his first YouTube livestream in three years.

05/06 Crypto exchange Binance seeks to slash size of $13 bln UK lawsuit

Crypto exchange Binance on Wednesday sought to throw out the vast majority of a London lawsuit worth up to 10 billion pounds ($12.8 billion) over claims it and other exchanges colluded to "delist" the Bitcoin Satoshi Vision (BSV) cryptocurrency.

04/06 Deutsche Bank ties up with Bitpanda in 'cautious' crypto shift

Deutsche Bank will work with Bitpanda to process customer deposits and withdrawals for the Austrian crypto broker, the companies told Reuters.

31/05 Crypto 're-staking' platforms boom as traders chase bigger returns

More than $18 billion worth of cryptocurrency has moved into a new type of platform which offers investors rewards in exchange for locking up their tokens, in a complex scheme that analysts warn poses a risk for users and the crypto market.

28/05 Cryptoverse: Miners trudge through post-halving world

With mining rewards halved, mining difficulty elevated and the shiny new bitcoin exchange-traded funds (ETFs) stealing investor capital, it's been a tough year for bitcoin miners.

28/05 Meme stock GameStop jumps after raising $933 million in share sales

Meme stock GameStop soared 17% on Tuesday after the struggling videogame retailer said it had raised over $900 million from selling its shares during the market rally earlier this month.

22/05 US securities regulator urges against crypto bill adoption

The U.S. securities regulator on Wednesday urged U.S. lawmakers not to adopt a bill that aims to create a new legal framework for digital currencies, saying it would undermine existing legal precedent and put capital markets at "immeasurable risk."

21/05 Robinhood lowers interest rate on margin loans in growth push

Trading app Robinhood Markets is lowering the rate of interest it charges on its margin loans, it said on Tuesday, to encourage more customers to avail this facility that allows them to borrow against securities they hold.

21/05 Cryptocurrencies gain as investors turn optimistic on ether ETFs

Ether was set for its largest two-day gain in nearly two years and bitcoin approached a record high on Tuesday on speculation about the outcome of applications for U.S. spot exchange-traded funds that track the world's second-biggest cryptocurrency.

17/05 Hong Kong allows China's digital yuan to be used in local shops

Hong Kong will allow mainland China's pilot digital currency to be used in shops in the city, the head of its de facto central bank said on Friday, marking a step forward for Beijing's efforts to internationalise the yuan amid rising geopolitical tensions.

16/05 GameStop, AMC slide as meme stocks rally loses steam

Retail darlings GameStop and AMC continued their slide into premarket trading on Thursday, as the euphoria over the return of "Roaring Kitty", who was the central figure in 2021 meme stock rally, fizzles out.

15/05 Wallet recovery firms buzz as locked-out crypto investors panic in bitcoin boom

The recent surge in bitcoin prices has the phones at crypto wallet recovery firms ringing off the hook, as retail investors locked out of their digital vaults make frantic calls to regain access to their accounts.

15/05 El Salvador mined nearly 474 bitcoins, adding to state crypto holding, in last three years

El Salvador has mined nearly 474 bitcoins since 2021 thanks to a volcano-fueled geothermal power plant, official data showed on Tuesday, bringing the government's total bitcoin portfolio to nearly $354 million at current prices.

14/05 Cryptoverse: Retail traders sit out bitcoin rally

What's happened to the army of retail traders who used to drive bitcoin's biggest rallies?

09/05 Robinhood shares gain as retail trading rebound powers record quarter

Robinhood Markets rose in morning trade on Thursday after reporting record first-quarter revenue and profit thanks to mom-and-pop investors returning to its commission-free platform to trade cryptocurrencies.

06/05 Robinhood Crypto gets Wells notice from US SEC

Retail trading platform Robinhood Markets said on Monday its U.S. cryptocurrency trading arm received a Wells notice from the United States Securities and Exchange Commission (SEC) on May 4.

01/05 Crypto washout sends bitcoin below $58,000 into bear market

Bitcoin fell for a third day on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later.

30/04 Cryptoverse: TON takes off on Telegram tie-up

A coin called TON has leapt in value in recent months, with investors betting its integration with messenger service Telegram could bring the cryptocurrency to the app's estimated 900 million users.

19/04 Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says

Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryptocurrency trading, Tether CEO Paolo Ardoino told Reuters on Friday.

19/04 Crypto fans count down to bitcoin's 'halving'

Bitcoin enthusiasts were eagerly waiting for bitcoin's 'halving' on Friday - a change to the cryptocurrency's underlying technology designed to cut the rate at which new bitcoins are created.

19/04 Bitcoin slides below $60,000 on reports Israel strikes Iran

Cryptocurrencies fell heavily and bitcoin broke below $60,000 on Friday in a rush out of risky assets following reports of an Israeli missile strike on Iran.

16/04 Cryptoverse: Hold for the halving

Could bitcoin's bumper rally just be getting started this year?

10/04 Zimbabwe informal traders ditch 'worthless' Zimdollar before new currency debuts

Zimbabwean informal traders are refusing to accept the local dollar for fear it will be worthless in a few weeks, when the government's new gold-backed currency enters circulation at the end of April.

02/04 Brazil's Pix payments are killing cash. Are credit cards next?

In just three years, Brazil's hugely popular Pix payment system has become the country's favorite way to pay, replacing cash and wire transfers in many cases and now threatening the dominance of credit cards in the booming e-commerce sector.

02/04 Cryptoverse: Ether fettered by fate of spot ETF proposals

Cryptocurrency ether is struggling to keep pace with soaring big brother bitcoin.

28/03 US cryptocurrency ETF inflows pick up as bitcoin price recovers

Inflows into the nine recently launched exchange-traded funds (ETFs) tied to bitcoin have resumed their upward trajectory this week after the cryptocurrency's price bounced back from its dip last week.

27/03 Robinhood ventures further beyond trading with new credit card

Online trading app Robinhood Markets launched a new credit card on Tuesday, in an effort to expand its foothold in the personal finance market and boost subscriptions to its premium tier.

26/03 SWIFT planning launch of new central bank digital currency platform in 12-24 months

Global bank messaging network SWIFT is planning a new platform in the next one to two years to connect the wave of central bank digital currencies now in development to the existing finance system, it has told Reuters.

15/03 Volatile bitcoin falls from record high as crypto frenzy hits pause

Bitcoin eased to a one-week low in volatile trade on Friday, as investors took profit from its run to a record high and as another upside surprise on U.S. inflation dimmed prospects of early rate cuts there and dented demand for riskier assets.

15/03 El Salvador to transfer 'big chunk' of bitcoin to physical vault

El Salvador will transfer "a big chunk" of its bitcoin assets to an offline device that will be stored in a physical vault within the Central American country's territory, President Nayib Bukele said on Thursday.

14/03 Countries closing in on digital currencies but US lagging, study shows

A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with over half in advanced development, pilot or launch stages, a closely-followed study on Thursday showed.

08/03 US FDA approves Novo Nordisk drug Wegovy for use in lowering heart attack risks

The U.S. Food and Drug Administration approved Novo Nordisk's weight-loss drug Wegovy on Friday for lowering the risk of stroke and heart attack in overweight or obese adults who are not diabetic.

08/03 Bitcoin briefly rises to record high over $70,000

Bitcoin briefly rallied to a record high on Friday in volatile trading, as crypto mania continued to sweep through the investment community.

06/03 Bitcoin back on the rise after vaulting to new record

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 pulling their bets on the world's largest cryptocurrency.

05/03 Biden administration to limit credit card late fees in move against junk fees

The Biden administration on Tuesday unveiled its latest measures to combat rising consumer costs and charges known as junk fees, including an interagency effort to crack down on inflated prices and limiting what banks can charge for late credit card payments.

05/03 Bitcoin surges past $68,000, in sight of record high

Bitcoin was perched at a two-year peak on Tuesday, breaking above $68,600 and stalking the all-time high as money keeps rushing into the largest cryptocurrency by market value.

04/03 Bitcoin bounces beyond $64,000 as records beckon

Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels.

29/02 Soaring bitcoin set for biggest monthly jump since 2020

Frenetic activity in bitcoin put it on course for its biggest monthly gain in more than three years on Thursday and it is within range of a record high as cash rushing to listed bitcoin funds propels a sweeping rally.

28/02 Bitcoin eyes $60,000 in biggest monthly rally since late 2020

Bitcoin surged for a fifth day on Wednesday to near $60,000, buoyed by flows into new U.S. spot bitcoin exchange traded products that have driven it up 39.7% in February, which would mark its largest monthly rally since December 2020.

27/02 Bitcoin breaks $57,000 as big buyers circle

Cryptocurrency bitcoin hit a two-year high above $57,000 in Asia trade on Tuesday on signs of heavy institutional buying, while smaller rival ether topped $3,200 for the first time in two years.

20/02 Cryptoverse: Breezy bitcoin reclaims $1 trillion crown

Bitcoin is riding high.

14/02 Total amount invested in bitcoin back over $1 trillion

The total amount of money invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021 as inflows to U.S. spot bitcoin exchange traded funds continued to support prices.

09/02 Bitcoin surges in biggest weekly rally in four months

Bitcoin rose 5% on Friday to one-month highs, powered by what analysts said was a flurry of buying ahead of April's halving event and as recent outflows from exchange-traded funds slowed.

03/02 Crypto exchange Gemini says bankrupt Genesis moves to authorize sale of trust assets

Cryptocurrency exchange Gemini Trust Co said on Saturday that crypto lender Genesis has filed a motion in U.S. Bankruptcy Court authorizing a sale of trust assets and seeking authorization to monetize its interests in two Grayscale Ethereum trusts, securities that provide investors exposure to cryptocurrency.

01/02 Explainer: What next for Paytm's banking arm after India c.bank clampdown?

The Reserve Bank of India (RBI) has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in its accounts or popular wallets from March, in a major blow to one of the country's largest payments firms.

01/02 El Salvador will stay committed to bitcoin after election -vice president

Bitcoin will remain legal tender in El Salvador during the second term of President Nayib Bukele, his vice president said on Wednesday.

01/02 India's Paytm shares plunge 20% after RBI orders payments bank unit to stop business

Shares of Indian payments firm Paytm tumbled 20% in pre-open trade on Thursday, after a move by the country's financial regulator to halt business at Paytm's payments bank unit sparked fears of hits to the company's profitability and reputation.

25/01 US SEC delays decision on Grayscale, BlackRock's spot Ethereum ETFs

The U.S. Securities and Exchange Commission (SEC) delayed on Thursday its decision on an application by crypto asset manager Grayscale Investments to convert its Ethereum trust product into a spot exchange-traded fund (ETF).

25/01 PayPal to launch AI-based products as new CEO aims to revive share price

PayPal is launching new artificial intelligence-driven products as well as a one-click checkout feature, the company said on Thursday as its chief executive tries to inject new life into the payments giant.

23/01 Cryptoverse: Will bitcoin behave better on Wall Street?

Bitcoin celebrated its 15th birthday this month by bursting onto Wall Street with an ebullient bang. Now the adolescent asset may have to grow up fast.

22/01 Bitcoin falls to $40,000, lowest level since bitcoin ETF launch

Bitcoin fell to a seven-week low on Monday, hovering below $40,000 for the first time since the launch of 11 spot bitcoin exchange-traded funds on Jan. 11.

19/01 Binance heads to court, seeking dismissal of SEC fraud lawsuit

Binance is due to square off against the U.S. Securities and Exchange Commission in a Washington courtroom on Friday, marking the second high-profile hearing this week involving the regulator and a top crypto exchange.

17/01 Coinbase, SEC set to face off in federal court over regulator's crypto authority

Coinbase will argue at a court hearing on Wednesday that the U.S. securities regulator should drop its case against it because the tokens traded on its crypto exchange are not akin to securities, said a person familiar with the case and court filings.

16/01 Crypto exchange OKX secures Dubai licence to target retail clients

OKX, one of the world's largest cryptocurrency exchanges, has been granted a regulatory licence in Dubai that will allow it to offer crypto services to retail clients, the company said on Tuesday.

15/01 SkyBridge's Scaramucci sees bitcoin over $170,000 by 2025 on halving, spot ETFs

Bitcoin's price could breach $170,000 next year, driven by demand for newly listed exchange traded-funds and April's halving event, hedge fund SkyBridge's Anthony Scaramucci said in an interview on Monday.

11/01 Bitcoin holds firm after regulators approve ETFs

Bitcoin held steady on Thursday after regulators approved the first U.S.-listed exchange traded funds (ETFs) to track the world's largest cryptocurrency, seen as a landmark move that could broaden its appeal to investors.

09/01 Cryptoverse: Bitcoin derivatives traders bet billions on ETF future

Will they, won't they? U.S. regulators are keeping crypto players on the edge of their seats as they weigh whether to give their blessing to bitcoin exchange-traded funds (ETFs).

06/01 U.S. spot bitcoin ETFs could win approval next week after last-minute application updates

Investment management firms, stock exchanges and the U.S. Securities and Exchange Commission on Friday discussed final wording changes on filings for spot bitcoin ETFs, a step that could lead to U.S. approval of the funds for the first time next week, sources familiar with the matter said.

02/01 Bitcoin climbs above $45,000 for first time since April 2022

Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world's biggest cryptocurrency started the New Year with a bang, buoyed by optimism around the possible approval of exchange-traded spot bitcoin funds.

05/12 Binance might be peak for U.S. crypto enforcement cases, says CFTC official

Enforcement action against crypto firms may have peaked after last month's $4.3 billion settlement with Binance, as such cases provide companies with a "template" for how they should be governed, a senior U.S. regulator said on Tuesday.

04/12 Crypto stocks surge as bitcoin hits fresh 2023 high

Cryptocurrency-related stocks listed in the U.S. surged on Monday, looking to extend their strong November gains, as bitcoin topped $42,000 to hit a fresh high for the year.

04/12 Bitcoin hits $40,000 level for the first time this year

Bitcoin hit $40,085 on Sunday, its highest in almost a year and a half, fuelled by bets that U.S. regulators will soon approve stock-market traded bitcoin funds.

28/11 Cryptoverse: 'Layer two' tokens enjoy new life as bitcoin soars

It's next-level stuff.

27/11 New crypto front emerges in Israel's militant financing fight

A new front has emerged in Israel's fight against the funding of Iran-backed militant groups from Hamas to Hezbollah: A fast-growing crypto network called Tron that until recently attracted less scrutiny than Bitcoin.

24/11 Ex-Binance CEO Zhao urges judge to allow him leave US before sentencing

Lawyers for former Binance CEO Changpeng Zhao are urging a U.S. judge to reject the Justice Department's request to bar him from returning to his home in the United Arab Emirates until he is sentenced for violating anti-money laundering requirements.

24/11 Binance CEO Teng braced for uphill battle in post-Zhao era

Spiralling compliance costs, ongoing legal headaches and a shrinking share of the market: Binance's new chief Richard Teng faces daunting challenges in turning a new leaf for the world's biggest crypto exchange.

23/11 US prosecutors want Binance's Zhao to remain in US until sentencing -filing

U.S. prosecutors pressed a federal judge on Wednesday to require Binance Holdings founder and former chief Changpeng Zhao to remain in the continental United States before his sentencing hearing on Feb. 23, 2024, according to a court filing.

22/11 Changpeng Zhao, the crypto king and Binance chief, ousted for US crimes

The most powerful man in crypto has lost his crown - and could see his freedom curtailed as well.

21/11 Which crypto bosses besides Binance's CZ are in US authorities' crosshairs?

Binance chief Changpeng Zhao will step down and plead guilty to breaking criminal U.S. anti-money laundering laws as part of a settlement resolving a years-long probe into the world's largest crypto exchange, prosecutors said on Tuesday.

21/11 US authorities set to unveil settlement with Binance -source

U.S. authorities are expected to unveil a settlement with Binance Holdings on Tuesday, resolving a years-long investigation into the world's largest crypto exchange, according to a source familiar with the matter.

21/11 Crypto investors cheer talk of Binance criminal probe resolution

Crypto investors have welcomed the prospect of a resolution of a long-running U.S. criminal investigation into Binance, reckoning any deal that allows the major exchange to continue operating would remove a nagging risk to the wider market.

21/11 Exclusive: OpenAI investors considering suing the board after CEO's firing, sources say

Some investors in OpenAI, makers of ChatGPT, are exploring legal recourse against the company's board, sources familiar with the matter told Reuters on Monday, after the board ousted CEO Sam Altman and sparked a potential mass exodus of employees.

17/11 Boom in weight-loss drugs to drive up US employers' medical costs in 2024 - Mercer

Booming demand for newer weight-loss and diabetes drugs is expected to accelerate the rise in medical expenses for employers in the United States next year, staff health benefits consultant Mercer said on Friday.

09/11 Crypto lender Celsius Network cleared to exit bankruptcy

Crypto lender Celsius Network received U.S. bankruptcy court approval on Thursday for a restructuring plan that will return cryptocurrency to customers and create a new company owned by Celsius creditors.

07/11 US consumer watchdog proposes rules for Big Tech payments, digital wallets

The top U.S. consumer financial watchdog on Tuesday proposed to regulate tech giants' digital payments and smartphone wallet services, saying they rival traditional payment methods in scale and scope but lack consumer safeguards.

02/11 Coinbase beats estimates but sees lower trading volumes in third quarter

Cryptocurrency exchange Coinbase on Thursday beat estimates for third-quarter revenue, but saw trading volumes decline for the second quarter in a row.

02/11 PayPal stock surges as pledge to turn "leaner" keeps crypto concerns at bay

PayPal Holdings added nearly $4 billion to its market value after a pledge to turn "leaner" fired up investors, even as the payments giant disclosed a subpoena from the U.S. Securities and Exchange Commission tied to its stablecoin.

31/10 Cryptoverse: As good as gold? Spot bitcoin ETFs aim to whip up US demand

Bitcoin, the original crypto rebel, is racing into the heart of the financial establishment with an exchange-traded fund that tracks its price. But will it strike gold?

22/10 Analysis: Time for central bank digital currencies to prove their worth

A milestone move by the European Central Bank toward launching a digital euro within a few years means the time has come for the newest incarnation of money to prove its worth.

17/10 Cryptoverse: Winter is coming as ether funds flounder in fall

The weak crypto market is wobbling through autumn. And winter's on its way.

14/10 Ferrari to accept crypto as payment for its cars in the US

Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in the U.S. and will extend the scheme to Europe following requests from its wealthy customers, its marketing and commercial chief told Reuters.

11/10 Crypto token ether could rise five-fold by end-2026, StanChart says

Ether, the second-largest cryptocurrency, may rise more than five-fold in value by the end of 2026, according to global bank Standard Chartered , its latest prediction of rocketing crypto prices.

03/10 The crypto market bears the scars of FTX's collapse

The global cryptocurrency market remains badly scarred following the tumultuous collapse of crypto exchange FTX and other big players last year, with crypto prices, volumes and venture capital investment well below their 2021 peaks.

03/10 Cryptoverse: 'It's a knife fight' as traders get tokenized

Bitcoin? It's a bit old hat, say a cohort of crypto investors who are betting on blockchain technology breathing new life into traditional assets.

27/09 Brazil's central bank seeks tighter cryptocurrency regulation, brokerage oversight

Brazil's central bank governor Roberto Campos Neto on Wednesday said policymakers are aiming to tighten cryptocurrency regulation and subject brokerages to their supervision.

27/09 Analysis: US crypto industry comes to Washington, but faces uphill struggle

Crypto companies are descending on Capitol Hill on Wednesday, but their push to advance industry-friendly laws is likely to be overshadowed by a fight over the federal budget and a Senate crackdown on the use of crypto for money laundering.

19/09 Cryptoverse: Stablecoins sag in the dog days of summer

Bitcoin isn't the only asset experiencing a late summer slump.

15/09 Blockchain analysts suspect N. Korea-linked hackers behind $70m crypto theft

Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx.

13/09 FTX gets court approval to sell crypto assets

Bankrupt crypto exchange FTX received U.S. court permission on Wednesday to liquidate cryptocurrency assets, a move the company said would allow it to repay customers in U.S. dollars and minimize risks related to price volatility in crypto markets.

05/09 Cryptoverse: Venture capital still haunted by crypto chaos

For venture capitalists, the scars of bitcoin's disastrous 2022 run deep.

24/08 Mastercard, Binance to end crypto card partnership

Mastercard and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of Sept. 22, a spokesperson for Mastercard said via email on Thursday.

09/08 Congresswoman Waters 'deeply concerned' about PayPal's stablecoin launch

Democrat Congresswoman Maxine Waters said on Wednesday she was "deeply concerned" about payment giant PayPal launching its own stablecoin in the absence of a federal framework to regulate digital assets.

08/08 Cryptoverse: All eyes on ChatGPT-maker's Worldcoin

Worldcoin has no problem attracting eyeballs. More than 2.2 million people have signed up, getting their irises scanned in exchange for a digital ID and, in some countries, free crypto.

03/08 Coinbase revenue beats estimates on interest income boost

Coinbase Global beat second-quarter revenue expectations on Thursday as a surge in the crypto exchange's interest income cushioned a slump in trading volumes, sending its share up 10% in extended trading.

03/08 Worldcoin says will allow companies, governments to use its ID system

Worldcoin will expand its operations to sign up more users globally and aims to allow other organisations to use its iris-scanning and identity-verifying technology, a senior manager for the company behind the project told Reuters.

02/08 Kenya suspends crypto project Worldcoin over safety concerns

Kenya's interior ministry said on Wednesday that it had suspended the local activities of cryptocurrency project Worldcoin while government agencies assess potential risks to public safety.

31/07 Stablecoin Tether's reserves hit record $86.5 bln in Q2

The world's largest stablecoin, Tether, said on Monday its assets rose 5.7% to $86.5 billion in the second quarter of 2023, while it made more than $1 billion "operational profit", a 30% increase on the previous quarter.

31/07 German data watchdog probing Worldcoin crypto project, official says

A German data watchdog has been investigating OpenAI CEO Sam Altman's Worldcoin project since late last year due to concerns over its large-scale processing of sensitive biometric data, the regulator's president told Reuters.

28/07 Binance and its CEO seek dismissal of CFTC complaint

Binance and its CEO Changpeng Zhao have filed a motion to dismiss a complaint against the cryptocurrency exchange by the U.S. Commodity Futures Trading Commission (CFTC), the company said in a court filing on Thursday.

26/07 US congressional committee set to weigh crypto bills

A key congressional committee is set to vote this week on several bills that would develop a regulatory framework for cryptocurrencies, a milestone for Capitol Hill in its efforts to codify federal oversight for the digital asset industry.

25/07 Cryptoverse: Ripple effect as explosive XRP leads market charge

XRP has become the unlikely white knight of crypto, thwarting its regulatory foes and dragging the market out of the doldrums.

25/07 Binance, CEO plan to seek dismissal of CFTC complaint

Binance and its CEO and founder Changpeng Zhao are planning to seek dismissal of a Commodity Futures Trading Commission (CFTC) complaint accusing the crypto exchange of violating the Commodity Exchange Act and certain related federal regulations.

24/07 OpenAI's Sam Altman launches Worldcoin crypto project

Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launches on Monday.

21/07 FTX sues Bankman-Fried, others to recoup more than $1 billion

FTX Trading on Thursday sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup more than $1 billion they allegedly misappropriated before FTX went bankrupt.

20/07 Fed set to launch long-awaited instant payments service, modernizing system

The U.S. Federal Reserve is due to imminently launch a long-awaited service which will aim to modernize the country's payment system by eventually allowing everyday Americans to send and receive funds in seconds, 24 hours a day, seven days a week.

19/07 Regulator cancels license of FTX's Australian business

Australia's securities regulator said on Wednesday it had cancelled the license of the local arm of collapsed U.S. cryptocurrency exchange FTX, effective from July 14.

17/07 Global rules leave crypto firms with no place to hide, says G20 watchdog

Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen at FTX exchange and other crypto casualties, the G20's Financial Stability Board said on Monday.

14/07 Signs 'crypto winter' ending as regulatory fog begins to lift

Cryptocurrencies were testing year highs on Friday as a run of favourable regulatory and investment moves have started to shift momentum in markets that had been stuck in a rut for months.

13/07 Founder of crypto lender Celsius Network arrested, charged with fraud

Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a U.S. prosecutor in New York said Thursday morning, as three federal regulatory agencies sued him and his company.

13/07 Analysis: Partnering with Coinbase could hinder bid for bitcoin ETF approval

Partnering with Coinbase Global may hinder rather than help Nasdaq's bid to win regulatory approval for a bitcoin exchange-traded-fund it wants to launch with BlackRock .

11/07 Cryptoverse: Hungry exchanges fight for slice of American pie

May the best exchange win?

10/07 Analysis: U.S. crypto lobbyists court Democrats in fresh legislative push

Embattled by a U.S. Securities and Exchange Commission (SEC) crackdown, crypto companies are making a renewed push on Capitol Hill to drum up support for legislation they hope will rein in the agency and provide regulatory clarity for the industry.

10/07 Standard Chartered bumps up bitcoin forecast to $120,000

Top cryptocurrency bitcoin could reach $50,000 this year and $120,000 by the end of 2024 Standard Chartered said on Monday, predicting the jump in its price could encourage bitcoin 'miners' to hoard more of the supply.

06/07 Deadline set by crypto’s Winklevoss looms for Genesis repayment deal

Time is running out for Digital Currency Group to agree on a deal to restructure its bankrupt crypto lending unit Genesis after its largest creditor Gemini - the crypto company founded by the Winklevoss twins - set Thursday afternoon as the final deadline before the company pursues litigation.

29/06 Coinbase, facing SEC lawsuit, says regulator lacks police power over crypto

Coinbase , the largest U.S. cryptocurrency platform, said it will ask a judge to dismiss the U.S. Securities and Exchange Commission lawsuit claiming it broke the law by failing to register its business.

27/06 Cryptoverse: Bitcoin bounces on BlackRock buzz

What would Satoshi make of it all?

26/06 Analysis: Fever over BlackRock's bitcoin fund faces chill of rate hikes and regulations

BlackRock's plans for a bitcoin fund have helped push the world's largest cryptocurrency to its highest in a year, but rising interest rates and a regulatory crackdown could choke off the rally, analysts and industry insiders say.

23/06 US Supreme Court rules in favor of Coinbase in arbitration dispute

The U.S. Supreme Court on Friday backed cryptocurrency exchange Coinbase Global Inc's bid to halt customer lawsuits while it pursues appeals aimed at moving the disputes out of courts and into private arbitration, which businesses often prefer over litigation.

21/06 Coinbase waged unusual legal defense ahead of SEC's crypto crackdown

Months before cryptocurrency exchange Coinbase became the biggest target of the U.S. crackdown on digital assets, the company launched an unusual legal offensive, recruiting top lawyers to try to shape court rulings in other cases.

19/06 IMF working on global central bank digital currency platform

The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing Director Kristalina Georgieva said on Monday.

17/06 Binance, SEC strike deal to move all US customer funds, wallet keys back onshore - CoinDesk

Binance, Binance.US and the U.S. securities regulator announced a deal to ensure that only Binance.US employees could access customer funds in the short term, CoinDesk reported on Saturday, citing a proposed agreement.

16/06 Crypto giant Binance's US affiliate fires staff after SEC charges

The U.S. affiliate of crypto giant Binance has carried out a round of layoffs since regulators last week charged it with violating securities laws and sought to freeze its assets, said two people with knowledge of the dismissals and employees' social media posts.

16/06 Binance under investigation in France for money-laundering

Binance, the largest cryptocurrency exchange, is under preliminary investigation for both illegal canvassing of clients and aggravated money-laundering, the Paris prosecutor's office said on Friday, confirming media reports.

16/06 Binance to leave Netherlands

Cryptocurrency exchange Binance said on Friday that it was leaving the Dutch market because is was unable to register as a virtual asset service provider with the regulator.

16/06 BlackRock files for bitcoin ETF in push into crypto

BlackRock , the world's biggest asset manager, on Thursday filed for a bitcoin exchange-traded fund (ETF) that would allow investors to get exposure to the cryptocurrency, as the asset class comes under intense regulatory scrutiny.

16/06 Crypto investors step up risk management after last year's meltdowns

Cryptocurrency investors have grown more cautious about who they do business with, after being burned last year by sudden collapses of Celsius Network, Voyager Digital, FTX and others, and fearing a regulatory crackdown will put more pressure on remaining firms.

13/06 Cryptoverse: Security alert! Altcoins worth $100 billion dropped in hot water

It's a rough time to be an altcoin. Insecurity reigns.

12/06 Andreessen Horowitz to open its first international office in London

U.S. venture capital firm Andreessen Horowitz, a major cryptocurrency investor, said on Sunday it will set up its first international office in London, at a time when U.S. regulators have increased scrutiny of the cryptocurrency sector.

10/06 FTX customer names will not be revealed by bankruptcy court

Bankrupt crypto exchange FTX received court permission on Friday to remove customer names from all filings in its bankruptcy case, persuading a U.S. judge that publishing the names would put people at risk of scams and identity theft.

09/06 Binance.US suspends USD deposits, pausing fiat withdrawal channels

Binance.US said on Thursday the company is suspending USD deposits while notifying customers that their banking partners are preparing to pause fiat (USD) withdrawal channels as early as June 13.

08/06 Instagram, YouTube, TikTok, Twitter target of EU crypto advertising complaint

Meta Platforms' Instagram, Alphabet's YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities that the online platforms allegedly facilitate the misleading promotion of crypto assets.

06/06 Zhao-controlled Binance trading firms at heart of SEC lawsuit

Two offshore trading firms controlled by Binance founder and CEO Changpeng Zhao lie at the centre of the Securities and Exchange Commission (SEC) lawsuit launched against the world's largest crypto exchange, which highlights concerns over client funds.

06/06 Crypto stocks fall after US SEC sues Coinbase over failure to register

Shares of cryptocurrency and blockchain-related companies fell in premarket trading on Tuesday after the industry's biggest exchanges Coinbase Global and Binance found themselves in the crosshairs of the U.S. securities regulator.

06/06 US SEC sues Coinbase, one day after suing Binance

The U.S. Securities and Exchange Commission on Tuesday sued Coinbase Inc , the largest U.S. crypto asset trading platform, accusing it of illegally operating without having first registered with the regulator.

06/06 Factbox: Binance, world's top crypto exchange, at center of US investigations

The world's biggest cryptocurrency exchange Binance and its CEO Changpeng Zhao have been sued by the U.S. Securities and Exchange Commission (SEC), which alleged in a June 5 court filing that the firm operated a "web of deception" that included artificially inflating its trading volumes and commingling customer funds.

06/06 Binance, US affiliate hit by net outflows of $790 mln in last 24 hours

Investors have pulled around $790 million from the crypto exchange Binance and its U.S. affiliate in the last 24 hours, data firm Nansen said on Tuesday, a day after a top U.S. regulator sued both exchanges.

06/06 Cryptoverse: Listless bitcoin seeks summer spark

It's a tense time for bitcoin investors. Watch. Wait. Don't make the first move.

05/06 US SEC sues Binance, founder Zhao alleging securities law violations

The world's largest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Securities and Exchange Commission on Monday for failing to restrict U.S. customers from its platform and misleading investors about its market surveillance controls, as well as for operating an unregistered securities exchange.

05/06 Exclusive: Crypto giant Binance controlled ‘independent’ U.S. affiliate’s bank accounts

A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange’s purportedly independent U.S. affiliate, including an account that held American customers’ funds, bank records show.

01/06 Elon Musk is accused of insider trading by investors in Dogecoin lawsuit

Elon Musk is being accused of insider trading in a proposed class action by investors accusing the Tesla Inc CEO of manipulating the cryptocurrency Dogecoin, costing them billions of dollars.

30/05 Binance Australia customers seen selling bitcoin at discount to rival exchanges

Bitcoin prices on the Australian arm of Binance, the world's largest crypto-currency exchange, were almost A$9,000 lower than prices on rival exchanges on Tuesday, in a sign customers were seeking to exit their positions quickly.

29/05 Singapore's Temasek cuts compensation for those responsible for FTX investment

Singapore state investor Temasek Holdings (TEM.UL) said on Monday it had cut compensation for the team and senior management that recommended its investment in the now-bankrupt FTX cryptocurrency exchange.

25/05 OpenAI's Sam Altman raises $115 mln for Worldcoin crypto project

OpenAI Chief Executive Sam Altman has raised $115 million in a Series C funding round led by Blockchain Capital for a cryptocurrency project he co-founded.

09/05 Cryptoverse: Tether gets a lift from stability doubts

Digital stablecoin tether is winning the race for the title of the crypto world's "least risky" asset.

08/05 Crypto stocks drop after Binance halts bitcoin withdrawals for hours

Shares of cryptocurrency- and blockchain-related companies fell in early trading hours on Monday after Binance halted its bitcoin withdrawals for several hours due to heavy volumes and rising processing fees.

04/05 Block beats expectations on revenue, boosting shares

Block Inc posted a rise in first-quarter revenue on Thursday as its popular payments platform Cash App continued to drive growth, a metric investors will be closely watching following U.S. short-seller Hindenburg Research's disclosure in March of short positions in the firm.

04/05 Crypto exchange Coinbase posts smaller first-quarter loss

Cryptocurrency exchange Coinbase Global Inc posted a smaller first-quarter loss on Thursday after investors tiptoed back to the strained asset class to hedge their bets against a worsening economic backdrop.

04/05 Exclusive: Israel seized Binance crypto accounts to 'thwart' Islamic State, document shows

Israel has seized around 190 crypto accounts at crypto exchange Binance since 2021, including two it said were linked to Islamic State and dozens of others it said were owned by Palestinian firms connected to the Islamist Hamas group, documents released by the country's counter-terror authorities show.

02/05 Cryptoverse: Digital coins lure inflation-weary Argentines and Turks

Can inherently volatile cryptocurrencies become safe-havens? Apparently they can in some parts of the world, such as Argentina and Turkey, where soaring prices and tumbling local currencies have forced people to seek refuge in digital coins.

25/04 Binance.US calls off $1.3 bln deal for Voyager's assets

Voyager Digital said on Tuesday cryptocurrency exchange Binance.US had called off a $1.3 billion deal to buy the bankrupt crypto lender's assets.

25/04 Cryptoverse: Investors pick their AI race horses

What do you get when you cross cryptocurrencies with artificial intelligence?

19/04 Analysis: Crypto firms scramble for banking partners as willing lenders dwindle

Crypto firms have been left scrambling to find banking partners after the collapse of three crypto-friendly lenders in the U.S. last month, creating a risk their business will become concentrated in smaller financial institutions.

18/04 Cryptoverse: Bitcoin miners escape the bear trap

Beleaguered bitcoin miners are finally feeling the spring sunshine after a cold, hard crypto winter.

17/04 FTX celebrity promoters say crypto investors cannot sue over accounts

Celebrities who promoted FTX, including NFL quarterback Tom Brady and comedian Larry David, said an investor lawsuit seeking damages in the wake of the cryptocurrency exchange's collapse should be dismissed.

15/04 Ferrari fever? Classic cars roar into investment funds

In 1977, a Ferrari owner offloaded his 1962 250 GTO because his wife complained it was too noisy, recounts Andrea Modena, head of Ferrari's classic car division. It was either her or the car.

13/04 Hong Kong woos mainland China crypto firms in push to bolster finance hub status

After years of bankers quitting Hong Kong amid a China security crackdown and tight COVID curbs, the city is rolling out the red carpet to a finance sector tarnished by events elsewhere in a bid to bolster its status as a finance hub - cryptocurrencies.

12/04 Bankrupt crypto exchange FTX has recovered $7.3 bln in assets -attorney

Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and crypto assets, an increase of more than $800 million since January, the company's attorney said on Wednesday at a U.S. bankruptcy court hearing.

12/04 Binance.US to delist digital asset tokens TRON, Spell

The U.S. arm of cryptocurrency exchange Binance said it will remove digital asset tokens TRON and Spell from its trading platform, sending the prices of both down sharply on Wednesday.

11/04 Cryptoverse: Ethereum upgrade to unlock $33 billion

Investors are finally set to gain access to more than $33 billion of ether this week under a planned revamp of the blockchain.

11/04 Bitcoin pushes past $30,000 as investors eye end of rate rises

Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors raised bets that the U.S. Federal Reserve will soon end its aggressive monetary tightening campaign.

04/04 Cryptoverse: Bitcoin traders like their options

Even as bitcoin flies high, investors are keeping their options open, judging by a record race to derivatives.

31/03 Japan edges closer toward issuing digital yen with plans for new panel

Japan is stepping up efforts toward issuing a digital yen with the creation of a government advisory panel and the launch of a pilot programme, joining a growing number of countries exploring a central bank digital currency (CBDC).

28/03 Who is Binance billionaire Changpeng Zhao?

Binance founder Changpeng Zhao could never be accused of thinking small.

28/03 Sam Bankman-Fried, prosecutors reach new bail agreement

Lawyers for Sam Bankman-Fried said they reached an agreement with U.S. prosecutors on Monday on revised bail conditions, after a judge raised the prospect of sending the indicted FTX cryptocurrency exchange founder to jail pending trial.

28/03 Cryptoverse: Buoyant bitcoin's losing its liquidity

Bullish bitcoin has been a surprise winner of the banking blowout. Yet investors aiming to amp up their bets face an ominous obstacle: a lack of liquidity that could trigger wild price swings.

27/03 Crypto exchange Binance, CEO sued by US regulator over violations

Major cryptocurrency exchange Binance and executives, including CEO and founder Changpeng Zhao, have been sued by the U.S. Commodity Futures Trading Commission (CFTC) for regulatory violations, according to a court filing on Monday.

24/03 Analysis: Coinbase, SEC on collision course for 'existential' clash over crypto industry

Coinbase debuted on the U.S. stock market on April 14, 2021 - the same day U.S. senators confirmed Gary Gensler to lead the Securities and Exchange Commission (SEC), the country's top markets regulator.

24/03 Binance halts deposits, withdrawals on glitches in spot trading

Cryptocurrency exchange Binance has paused deposits and withdrawals on its platform due to issues affecting its spot trading, its Chief Executive Changpeng Zhao said in a tweet on Friday.

23/03 Bitcoin mining booms in Texas

Cryptocurrency bankruptcies and worries over electric power consumption have failed to dent the industry's growth in Texas, according to a top trade group, citing the rise in the miners' power demands.

22/03 Coinbase gets Wells notice from U.S. SEC over Earn product, wallet

Coinbase Global Inc said on Wednesday it had received a notice from the U.S. Securities and Exchange Commission warning that the cryptocurrency exchange could face a civil action over some of its products.

22/03 SEC sues Tron founder Justin Sun, celebrities over crypto sales

The U.S. Securities and Exchange Commission on Wednesday sued Chinese cryptocurrency entrepreneur Justin Sun, accusing him and other defendants of illegally selling crypto securities and scheming to artificially inflate trading volume in crypto assets.

22/03 Analysis: What's behind bitcoin's latest surge?

At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a 2022 defined by tumbling crypto prices, bankruptcies and corporate scandals.

21/03 U.S. Supreme Court divided over Coinbase arbitration dispute

U.S. Supreme Court justices on Tuesday appeared divided over a bid by cryptocurrency exchange Coinbase Global Inc to halt customer lawsuits, including by a user who sued after a scammer stole money from his account, as it pursues an effort to move the disputes out of courts and into private arbitration.

21/03 Cryptoverse: Bitcoin passes the bank stress test

As crisis stalks the traditional world of stocks and bonds, bitcoin is suddenly looking like a safe haven.

20/03 Bitcoin near 9-month high as bank turmoil sparks rally

Bitcoin hovered near nine-month highs on Monday, and has closed out its best week in four years as turmoil in traditional banking drives some investors to turn to digital assets.

20/03 Taiwan financial regulator says will oversee crypto currencies

Taiwan's Financial Supervisory Commission will be the main overseer of crypto currencies on the island, the head of the regulator said on Monday.

18/03 Sam Bankman-Fried, U.S. prosecutors near new bail agreement

Lawyers for Sam Bankman-Fried are nearing an agreement with U.S. prosecutors on revised bail conditions for the indicted FTX cryptocurrency exchange founder, who is trying to convince a skeptical judge he should remain free.

14/03 Bitcoin jumps to highest since June as rally gathers pace

Bitcoin hit a nine-month high on Tuesday, taking gains past 30% in four days as it shrugged off chaos in global markets after last week's collapse of Silicon Valley Bank and rode expectations that U.S. interest rates won't rise so fast.

14/03 Crypto exchange Binance to halt sterling transfers

Binance is halting its sterling deposits and withdrawals, a company spokesperson said on Tuesday, a month after the world's largest crypto exchange ceased dollar transfers.

14/03 Cryptoverse: New breed of bitcoin NFTs sell for millions

Imagine digitally inscribing 3D images of objects such as multi-colored spheres onto a tiny fragment of bitcoin. Then imagine selling them for $16.5 million.

13/03 Meta to wind down NFTs on platforms amid crypto bust

Meta Platforms Inc is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than a year after rolling it out, as the crypto market continues to spiral.

13/03 Bitcoin, USDC stablecoin rally after US intervenes on SVB

Bitcoin and other cryptocurrencies rallied on Monday after U.S. authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB).

10/03 US government appeals approval of Voyager sale to Binance.US

The U.S. Department Justice has appealed a court order approving Voyager Digital's bankruptcy plan, creating a new hurdle for the crypto lender's plan to sell its assets and transfer its customers to Binance.US in a deal valued at $1.3 billion.

10/03 Judge to weigh Bankman-Fried's trial schedule, bail conditions at hearing

A U.S. judge is expected on Friday to consider what restrictions Sam Bankman-Fried should face while free on bail, and whether the FTX cryptocurrency exchange founder's Oct. 2 fraud trial should be pushed back.

09/03 Bitcoin steadies near lows hit after fall of Silvergate

Bitcoin steadied on Thursday near its lowest since mid-February, after U.S. crypto-focused bank Silvergate said it would voluntarily liquidate, the latest in a series of high-profile crypto collapses triggered by the collapse of the FTX exchange.

07/03 Court set to hear arguments in Grayscale's lawsuit against SEC over bitcoin fund

Federal appellate court judges are set to hear arguments on Tuesday in Grayscale Investments' case against the U.S. Securities and Exchange Commission over the agency's rejection of the crypto asset manager's application to create a spot bitcoin exchange-traded fund.

07/03 Cryptoverse: Hooked on growth, bitcoin investors turn to smart tokens

For investors living on the digital edge, bitcoin is starting to look a little old-fashioned.

06/03 Crypto stocks fall as Silvergate crisis deepens

Shares of cryptocurrency-related companies fell in premarket trading on Monday after Silvergate Capital Corp pulled the plug on its crypto payments network, following its doubts about keeping its business viable.

04/03 Silvergate suspends crypto payments network; shares fall after-hours

Silvergate Capital Corp said on Friday it made a "risk-based decision" to discontinue the Silvergate Exchange Network, its crypto payments network, two days after the digital asset-focused bank raised doubts about its viability.

02/03 Crypto exchange Coinbase stops initiating payments to or from Silvergate

Cryptocurrency exchange Coinbase Global Inc said on Thursday it was no longer accepting or initiating payments to or from Silvergate Capital Corp after the lender warned it was evaluating its ability to operate as a going concern.

02/03 Analysis: Australia's DIY pension funds lose millions on crypto bets, investors not sweating it

Thousands of Australians who used do-it-yourself (DIY) pension funds to bet on cryptocurrencies face hundreds of millions of dollars in losses, jeopardising their savings in a scheme originally set up to ensure adequate retirement income.

02/03 Silvergate slumps 28% after delaying annual report, warning about viability

Silvergate Capital shares plummeted 28% late on Wednesday after the cryptocurrency-focused bank warned it was delaying its annual report and said it was evaluating its ability to operate as a going concern.

01/03 Investors pull around $6 billion out of Binance's stablecoin

Binance's stablecoin, Binance USD, has seen around $6 billion of outflows following a U.S. regulatory crackdown on the company that issues the token, according to market tracker CoinGecko.

28/02 Visa, Mastercard pause crypto push in wake of industry meltdown - sources

U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook faith in the industry, people familiar with the matter told Reuters.

28/02 Cryptoverse: Bitcoin moves towards Satoshi's payment dream

Satoshi Nakamoto would be proud. Adolescent bitcoin may finally be repaying its creator's faith.

23/02 SEC, New York regulator oppose Binance.US' $1 bln Voyager deal

The U.S. Securities and Exchange Commission and New York's top financial regulator have opposed crypto exchange Binance.US's $1 billion deal to buy bankrupt crypto lender Voyager, the latest in a string of U.S. regulatory moves against crypto firms.

22/02 Analysis: Stablecoin regulatory crackdown sends warning to industry

The U.S. Security and Exchange Commission's warning shot on Binance's stablecoin over whether or not it is a security could offer a hint at what type of dollar-pegged tokens may draw regulatory scrutiny, critical information for other digital asset firms offering a less volatile way to trade crypto.

21/02 Coinbase swings to quarterly loss as crypto winter hits trading volumes

Coinbase Global Inc reported a loss for the fourth quarter on Tuesday, as trading volumes at the cryptocurrency exchange came under pressure from an industry-wide downturn triggered by a string of high-profile bankruptcies.

21/02 Paxos in discussions with U.S. SEC over Binance stablecoin- internal email

The firm behind Binance's stablecoin, Paxos Trust Company, is in talks with the U.S. Securities and Exchange Commission after the regulator told the company it should have registered the token as a security, according to an internal email from Paxos' chief executive officer.

21/02 UK business activity unexpectedly rebounds in February -flash PMI

British businesses reported an unexpected bounce in activity this month as well as receding price pressures, according to a survey on Tuesday that suggested the economy may be sidestepping the risk of recession.

21/02 Cryptoverse: Tether tightens grip on wobbling world of stablecoins

The world of stablecoins is suddenly looking shaky.