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SINGAPORE: Bitcoin hit a two-week peak just shy of $40,000 on Monday, after another weekend reacting to tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and said Tesla sold bitcoin but may resume transactions using it.
Tesla will accept bitcoin payments for its cars, once the cryptocurrency proves it can be mined in a more environmentally conscious manner, says Elon Musk.
Beijing’s blockchain supremacy plan gives shot in arm to start-ups, although dampers remain on bitcoin
China’s MIIT and CAC published a plan this week to create an “advanced blockchain industrial system”Blockchain is being used in China in a wide variety of fields, such as smart city and government initiatives
HONG KONG (AFP): Asian markets struggled Monday (June 14) during holiday-hit trade, with investors looking forward to the Federal Reserve's next meeting this week hoping for fresh clues about monetary policy in light of the US economy's blistering recovery.
The Russian government, for its part, has denied it directs cybercriminals to attack US interests, or protects them from US prosecution.
Bitcoin surged 9.8% to $39, 035.47 on Sunday, adding $3, 492.71 to its previous close.
Sextortion syndicates in Asia and Africa are raking in millions from targets in places such as Britain, enabled by wire-transfer services and cryptocurrencies
GEORGE TOWN: Police seized 411 bitcoin mining machines worth a total of RM180, 000 and arrested four suspects during raids on seven shophouses here.
SAN SALVADOR (Reuters) - The young president of small Central American nation El Salvador leapt to worldwide fame this week after his country became the first in the world to adopt bitcoin as legal tender, but Nayib Bukele is no stranger to controversy.
LONDON (Reuters) -El Salvador's decision to make bitcoin legal tender is an "interesting experiment" with a speculative asset that does not pass the test for being a reliable means of payment, a senior global central banking official said on Friday.