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Cryptocurrency 11 Oct 2018 | 7:47 AM

Bitcoin tumbles as cryptocurrencies join global asset selloff

HONG KONG: There were no good spots for investors to hide in Thursday’s global market rout, as Bitcoin and other cryptocurrencies joined the selloff.

Cryptocurrency 06 Mar 2018 | 11:54 PM

Cryptocurrencies are risky for consumers, says BoE's Haldane

LONDON: Cryptocurrencies pose a risk to British consumers, though not to the financial system as a whole, the Bank of England's chief economist, Andy Haldane, said on Tuesday.

Cryptocurrency 18 Sep 2017 | 9:50 AM

Too soon to determine risks of central bank-issued cryptocurrencies - BIS

LONDON: It is too soon to determine whether central banks should issue their own cryptocurrencies, the Bank for International Settlements (BIS) said on Sunday, as the risks could not yet be fully assessed and the technology underpinning them is still unproven.

TECH 13 Sep 2017 | 7:30 AM

RBI looking into cryptocurrencies, not comfortable with bitcoin

The Reserve Bank of India (RBI) has a group looking into cryptocurrencies as legal tender, a senior official said, but emphasised the central bank's discomfort with bitcoin which has recently come under intense global regulatory scrutiny

Corporate News 15 Oct 2018 | 10:46 PM

Fidelity launches new company for trading and storing cryptocurrencies

NEW YORK: Fidelity Investments has launched a new company for its institutional clients that will trade and store digital assets such as bitcoin, the asset manager said on Monday.

Cryptocurrency 08 Feb 2018 | 12:00 AM

Get ready for most cryptocurrencies to hit zero, warns Goldman

HONG KONG: The tumble in cryptocurrencies that erased nearly US$500bil of market value over the past month could get a lot worse, according to Goldman Sachs Group Inc’s global head of investment research.

Cryptocurrency 16 Jan 2018 | 4:17 AM

Cryptocurrencies resume slide as Bitcoin tumbles to December low

HONG KONG: Bitcoin slumped to the lowest level since December in Asia trading hours as cryptocurrencies continued a January selloff amid rising scrutiny from global regulators.

TECH 29 Dec 2017 | 7:21 AM

India likens cryptocurrencies to Ponzi scheme, cautions investors

The finance ministry on Friday cautioned investors about the risks of trading in cryptocurrencies such as bitcoin, saying digital currency investments are like "Ponzi schemes."

TECH 21 Dec 2017 | 5:00 AM

Indian authorities weighing how to regulate cryptocurrencies

India's capital market regulator is talking with the government and central bank about how to regulate cryptocurrencies.

Business 30 Sep 2017 | 12:00 AM

Cryptocurrencies drop as South Korea bans ICOs

SEOUL: Ethereum and bitcoin dropped after South Korea banned domestic initial coin offerings and margin trading in cryptocurrencies.