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TECH 13 Sep 2017 | 7:30 AM

RBI looking into cryptocurrencies, not comfortable with bitcoin

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

TECH 29 Dec 2017 | 7:21 AM

India likens cryptocurrencies to Ponzi scheme, cautions investors

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."

TECH 21 Dec 2017 | 5:00 AM

Indian authorities weighing how to regulate cryptocurrencies

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

TECH 18 Jun 2019 | 11:00 AM

How cryptocurrencies can replace other pay options

Cryptocurrencies live in a volatile, roller-coaster world, which Facebook is seeking to change with its new Libra digital money.

TECH 31 Jan 2018 | 6:47 AM

Facebook bans ads tied to bitcoin, other cryptocurrencies

Facebook Inc is banning ads on its social network that promote cryptocurrencies, initial coin offerings and binary options, saying they’re “frequently associated with misleading or deceptive promotional practices”.

TECH 02 Jan 2018 | 3:09 AM

North Korean hackers hijack computers to mine cryptocurrencies

North Korean hackers are hijacking computers to mine cryptocurrencies as the regime in Pyongyang widens its hunt for cash under tougher international sanctions.

TECH 14 Dec 2017 | 4:00 AM

Mexico authorities warn of risks of cryptocurrencies

Mexico's finance ministry and central bank warned on Wednesday of the risks associated with cryptocurrencies and investment schemes known as initial coin offerings.

TECH 18 Jul 2019 | 4:34 AM

Facebook’s Libra prospects dim, but cryptocurrencies roll on

While Facebook’s planned global digital coin Libra faces tough opposition from regulators in Washington, analysts say cryptocurrencies are likely to charge on in other countries, possibly leaving America behind.

TECH 04 Dec 2018 | 6:42 AM

Bitcoin mining rigs on fire sale as cryptocurrencies crash

Canaan Creative, the world’s second biggest maker of bitcoin mining machines, has cut prices on all of its models to as low as US$200 a rig Vendors slack off their days at Shenzhen’s Huaqiangbei electronics market

TECH 22 Apr 2018 | 6:00 AM

Beyond Bitcoin: The next cryptocurrencies to watch

Slow transactions, exorbitant energy usage and the looming threat of regulations have all raised doubts about the future of the world's most prolific cryptocurrency.