Bitcoin surges more than 5 percent after Trump reaffirms plans for national strategic crypto reserve, as optimism grows
TECHNOLOGY POWERING BUSINESS
News digital asset
Coinbase Chief Executive Sees Political ‘Shift’ On Crypto
Coinbase chief executive Brian Armstrong says support for crypto industry increasing across political spectrum ahead of elections
Crypto Firm HashKey Attains Unicorn Status With $100m Funding Round
Hong Kong-based crypto firm HashKey Group attains valuation greater than $1bn after $100m funding round, in sign of digital asset optimism
Logan Paul To Buy Back CryptoZoo NFTs
Influencer Logan Paul to buy back NFTs linked to failed CryptoZoo game – but those who participate must waive right to sue him
Hong Kong Regulator Seeks To Limit Fallout From JPEX Crypto Scandal
Hong Kong financial regulator publishes list of crypto licence applicants as it seeks to limit damage from JPEX scandal
US Treasury Publishes Proposed Crypto Tax Rules
US Treasury Department publishes proposed rules aimed at cracking down on crypto tax evaders while simplifying filing processes
Bank of China Boosts Hong Kong Crypto With Tokenised Security
Bank of China international investment arm issues tokenised security in Hong Kong, in boost for city's crypto ambitions
Former OpenSea Employee Faces Criminal Charges Over NFT Trades
Former employee at dominant digital marketplace OpenSea this week faces first-ever criminal insider trading charges related to digital assets
Taiwan Financial Regulator ‘To Oversee Crypto’
Head of main Taiwan financial regulator FSC says body will be responsible for crypto industry, as island tightens controls
IMF ‘Warned G20’ Of Crypto Banking Risks
International Monetary Fund (IMF) says it warned G20 last month that proliferation of crypto assets could mean risks for banking sector
JPMorgan Boss Calls Cryptocoins ‘Decentralised Ponzi Schemes’
JPMorgan chief executive Jamie Dimon tells US Congress cryptocurrencies are 'decentralised Ponzi schemes' that put billions at risk
Crypto Investor Arrested After Visiting Home Of TerraUSD Founder
South Korean crypto investor under police investigation after visiting home of Do Kwon, creator of failed TerraUSD cryptocurrency, to ask for apology
TerraUSD Organisers ‘Spent $2bn’ In Bitcoin To Maintain Value
Organisers behind failed TerraUSD stablecoin say they spent more than $2bn in Bitcoin last week in vain attempt to keep virtual currency from crashing
Bored Ape Start-Up Raises Millions In Virtual Land Sale
'Bored Ape Yacht Club' NFT creator, start-up Yuga Labs, raises more than $260m in sale of tokens representing land in upcoming virtual world 'Otherside'
El Salvador Adopts Bitcoin As Legal Tender
World first move by President Nayib Bukele, after Bitcoin is passed as a legal tender in the South American country of El Salvador
Cryptocurrencies Shed $200bn Over US Tax Reform Fears
Cryptocurrencies lose $200bn in value, while Bitcoin drops below $50,000 as investors react to US proposals that would nearly double capital gains for wealthiest
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