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