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HONG KONG: Taken on its own, Bitcoin’s eye-popping 1,400% rally last year would put most other investments to shame.
BUY online and pick up in-store. Lots of retailers are now offering this option in the US and elsewhere in more developed markets. Malls in Malaysia are already looking into it in the face of growing competition from e-commerce sales. In the future, instead of brick-and-mortar, Malaysian malls and retailers will be offering click-and-mortar services too.
NEW YORK: The US Securities and Exchange Commission (SEC) has questioned the prospects of bitcoin exchange-traded funds saying there are a significant number of investor protection issues about cryptocurrencies and related products that need to be examined.
Sweatcoin, a free smartphone app that pays people to be physically active, said on July 17 it has secured its first round of institutional funding after topping download charts in Britain and the United States.
HONG KONG: Bitcoin slowed its decline on Wednesday in the wake of a 23% plunge that rocked the global market for digital assets and sparked deeper questions about its future.
HONG KONG: Bitcoin slumped as much as 20%, giving more impetus to a January selloff in cryptocurrencies, after South Korea’s finance minister repeated that the country may ban trading in one of the world’s most active markets.
TOKYO/SINGAPORE: Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.