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Bitcoin steadied after earlier slumping below US$30,000 (RM121,275) on Friday in a retreat that stoked fresh questions about the sustainability of the cryptocurrency boom.
MANILA (Philippine Daily Inquirer/ANN): The movement of cryptocurrencies will now be subject to the central bank’s rules on financial service providers to guard against the potential use of so-called virtual assets in laundering money, according to the country’s top monetary regulator.
MUMBAI (Reuters) - India plans to introduce a law to ban private cryptocurrencies such as bitcoin and put in place a framework for an official digital currency to be issued by the central bank, according to a legislative agenda listed by the government.
SHANGHAI: SWIFT, the global system for financial messaging and cross-border payments, has set up a joint venture with the Chinese central bank's digital currency research institute and clearing centre, in a sign that China is exploring global use of its planned digital yuan.
NEW YORK (Reuters): Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk's electric vehicle company Tesla Inc revealed it had bought US$1.5 billion of the cryptocurrency and would soon accept it as a form of payment for cars, sending the cryptocurrency shooting higher.
LONDON (Reuters) - Bitcoin was fast approaching the $50,000 mark on Tuesday as the afterglow of Elon Musk-led Tesla's investment in the cryptocurrency had investors reckoning it may become a mainstream asset class for both corporations and money managers.
Tesla boots the bitcoin bandwagon closer to corporate America
Mastercard, Twitter latest to embrace digital assets
Mastercard Inc. will start allowing cardholders to transact in certain cryptocurrencies on its network, already partnered with cryptocurrency firms including Wirex and BitPay
IN A quiet week by 2021 standards, the speculative excesses that have defined this bull market hit new records with little fanfare.