Libra cryptocurrency could undermine European Central Bank's ability to set monetary policy, and public trust in money itself, bank warns
News Cryptocurrency
Court Orders Jailed Hacker’s Seized Bitcoin To Be Sold To Pay Victims
Nearly £1m in Bitcoin taken from imprisoned hacker Grant West is to be sold to compensate victims, in a first-of-its-kind case for the Met
Initial Backers Of Facebook’s Libra ‘Consider Pulling Out’
At least three of the Libra Association's initial partners said to be looking to distance themselves from the project amidst harsh regulatory response
UK Data Protection Watchdog Raises Facebook Libra Concern
Facebook's proposed digital currency faces calls for more information about how user data will be protected
FCA Expresses Concern At Lack Of Cryptocurrencies Safeguards
Financial Conduct Authority warns bitcoins and other cryptocurrencies have no intrinsic value
Libra Cryptocurrency Scams Found On Facebook, Instagram
Facebook's own platforms found to be used in scams related to Libra cryptocurrency, adding to regulatory pressure over the controversial plans
France To Approve First Cryptocurrency Firms Under New Rules
France is looking to attract initial coin offerings and other cryptocurrency-related organisations amidst controversy over Facebook's Libra
Facebook Promises Congress It Will Address Libra Cryptocurrency Concerns
Company's comments follow criticism of Libra by US Treasury Secretary and Chairman of Federal Reserve amidst broader scepticism and hostility
Banks Stay Away From Facebook’s Libra Over Regulatory Risk
Banks also cite their own competing payment projects and past failed digital wallets as reasons to be sceptical of Libra
Financial Conduct Authority Proposes Ban On Crypto-Derivatives
FCA finds that derivatives and ETNs referencing crypto-assets are 'poor products' and too risky to be sold to retail investors
European Banks, Regulators Prepare Strict Regulatory Response To Facebook’s Libra
Financial Conduct Authority calls for more information, while Bank of France warns of money-laundering risks
Bitcoin Jumps Over $11,000 After Facebook Libra Launch
Facebook's Libra plans help Bitcoin jump 10 percent to reach 15-month highs, as investors hope to see cryptocurrencies move into the mainstream
Facebook Launches Libra Cryptocurrency For Global Payments
Digital asset aims to put financial transactions into the hands of millions without bank accounts, but with access to a mobile phone
Bitcoin Rises Above $7,000 Following Binance Heist
The volatile cryptocurrency has regained some of its losses after shedding some three-quarters of its value last year
Rakuten Takes Applications Ahead Of Cryptocurrency Exchange Launch
Rakuten Wallet is one of several major crypto-asset platforms arriving in Japan in the coming weeks, even as authorities battle against soaring losses due to theft and scams
China Looks To Phase Out Bitcoin Mining
The biggest crypto-mining companies are based there, but China may now list the activity amongst the 'undesireable' economic sectors destined for elimination
After Months In Doldrums, Bitcoin Surges Over $5,000
After a 74 percent drop in 2018, Bitcoin has showed relatively little activity this year – but its sudden rise causes other crypto-assets to jump
Cryptocurrency Crime Losses Surge By 400 Percent
Scams and fraud involving cryptocurrencies rose to £1.3bn last year – in spite of an 80 percent drop in crypto-asset values
Cryptocurrency Plunge Takes Heat Off UK Regulators
Regulators and government finance officials in the UK are backing away from immediate regulatory action on cryptoassets, as investor interest cools
Bitcoin Plunges Below $5,000
The notoriously volatile cryptocurrency is down about 75 percent since a high of nearly $20,000 late last year, as investors show concern over latest fork
MPs Call For Regulation Of ‘Wild West’ Cryptocurrencies
Regulators must bring in a minimum of oversight to provide consumer protection and stem money-laundering, argues an influential Parliamentary committee
Oracle Goes Live With Cloud Blockchain Platform
The Blockchain Cloud Service is already in use for tracking international shipments, keeping tamper-proof records and simplifying funds transfers
Regulators Publish Review Of Cryptocurrency Risks
The Financial Stability Board wants to look into possible volatility threats posed by the likes of Bitcoin
Swiss ‘Crypto Valley’ Tests Blockchain-Based Voting
The city of Zug is to hold a small-scale test referendum using its blockchain-based electronic ID system
Cryptojacking, Ransomware Threats Continue To Grow, Warns NCSC
UK businesses face growing online danger and need to prioritise cyber security and work closely with law enforcement
Data Centre Heists: Raiders Steal Hundreds Of Bitcoin-Mining Servers In Iceland
Eleven suspects have now been arrested in connection with the crime spree, the biggest in Iceland's history
Thousands Of Government Sites Hacked To Mine Cryptocurrency
The hack affected the ICO, the NHS and thousands of government and academic organisations in the UK, the US and elsewhere
Fast-Spreading Botnet Infects Android Gadgets For Crypto-Mining
A botnet that surfaced over the weekend spread to thousands of smartphones and set-top boxes in the first hours of its existence
Samsung Starts Making Crypto-Currency Mining Chips
Chippy business. South Korean electronics giant is making chips designed to harvest crypto-currency coins
Blockchain Expert Released By Kidnappers After Ransom Paid
Russian-born Pavel Lerner, a well-known cryptocurrency investor and entrepreneur, was kidnapped in Kiev on Boxing Day and has since been released