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Microsoft Corp president Brad Smith cast doubt on whether financial technology companies should issue currencies, saying governments are still best-placed to play that role.
India and China come down hard due to concerns of financial market stability, illegal fundraising
JAKARTA (The Jakarta Post/ANN): Bank Indonesia (BI) is mulling the idea of creating rupiah-denominated digital currency in line with the global trend, but Indonesian stakeholders and observers have told The Jakarta Post that the plan had a long way to go despite the potential benefits.
(Reuters) - A new feature has appeared at smoke shops in Montana, gas stations in the Carolinas and delis in far-flung corners of New York City: a brightly-lit bitcoin ATM, where customers can buy or sell digital currency, and sometimes extract hard cash.
NEW DELHI/MUMBAI (Reuters) - India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters in a potential blow to millions of investors piling into the red-hot asset class.
World’s largest cryptocurrency exchange, Binance Holdings Ltd. taps veteran US politician Max Baucus as policy and government-relations adviser.
LONDON/NEW YORK (Reuters) - Large companies from carmaker Tesla Inc to business intelligence firm MicroStrategy Inc have swapped billions of dollars in cash for bitcoin in recent months.
THE idea that much of today’s cash use will shift to digital tokens is neither faddish nor outlandish, as long as you don’t start equating the future of money with bitcoin.
LONDON (Reuters) - Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with the matter said.
BEIJING (China Daily/ANN): China has joined a multilateral central bank digital currency project in Asia for real-time cross-border transactions like cross-border fund transfers, international trade settlements and capital market transactions, amid renewed global efforts to promote the use of digitalised legal tenders.