An illustration photo of Bitcoin (virtual currency) coins are seen at La Maison du Bitcoin in Paris Bitcoin (virtual currency) coins are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, May 27,2015. British authorities have come out in support of digital currencies in the name of promoting financial innovation, while proposing that regulations should be drawn up to prevent their use in crime. But it is technophiles who are leading the drive to make London a real-world hub for trade in web-based "cryptocurrencies", of which bitcoin is the original and still most popular. Picture taken May 27,2015. REUTERS/Benoit Tessier
HONG KONG: Cryptocurrencies briefly jumped amid chaotic trading in Asia after China’s stock markets reopened to steep losses following an extended holiday shutdown.
Bitcoin surged to $9,608, the highest since October, shortly after markets opened at 9:30 a.m. in Hong Kong, before giving back most of those gains less than half an hour later.
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