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Corporate News 14 Feb 2018 | 12:00 AM

Trader gets first Mideast licence for virtual money

DUBAI: Dubai gold trader Regal RA DMCC is the first company in the Middle East to get a licence to trade cryptocurrencies, the Dubai Multi Commodities Centre (DMCC) said.

Cryptocurrency 01 Jan 2018 | 12:00 AM

Digital currencies to shadow robust US economy in 2018

NEW YORK: Financial imbalances including those in credit markets and cryptocurrencies will shadow an otherwise robust 2018 US economy, said Goldman Sachs Group Inc economist Jan Hatzius

Business 15 Jul 2019 | 12:03 AM

Bitcoin tumbles as Trump's critique tests stellar 2019 surge

SINGAPORE: Bitcoin slumped in another large weekend move after US President Donald Trump’s criticism of cryptocurrencies late last week put the focus back on this year’s jump in prices.

Cryptocurrency 22 Jun 2018 | 9:41 AM

Cryptocurrencies fall after Japan’s regulator censures exchanges

HONG KONG: Bitcoin had its biggest drop in more than a week after Japanese regulators hit six of the country’s biggest cryptocurrency trading venues with business improvement orders.

Business 30 Mar 2018 | 12:00 AM

Thailand to regulate digital coins from April to guard investors

BANGKOK: Thailand will impose rules on cryptocurrencies and initial coin offerings (ICOs) from April to bolster investor protection, the military-run nation’s Securities and Exchange Commission said.

Cryptocurrency 07 Feb 2018 | 12:00 AM

Bitcoin slumps below US$7,000

HONG KONG: Bitcoin continued its 2018 swoon as worries over tightening regulatory oversight of cryptocurrencies combined with a broader flight from riskier assets to send it to the lowest since November.