Digital Currency Bitcoin

UK authorities are considering a digital version of the Pound that would be backed by the Bank of England and retain its value over-time, unlike the fluctuating value of cryptocurrency. The ‘Britcoin’ would be central bank digital currency (CBDC) and would be held in a digital wallet. The digital currency could be used to pay for goods and serv...

Binance, the world's largest crypto exchange, processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, according to blockchain data. The firm was among Bitzlato's top three counterparties by the amount of bitcoin received between May 2018 and September 2022, the US Treasury's Financial Crimes Enforcement Network (FinCEN)...

The collapse of FTX, once one of the largest crypto exchanges in the world, has prompted calls regulation of the crypto sector. Meanwhile, Binance CEO Changpeng Zhao, has called for more regulatory clarity after a week of crypto market chaos and a year in which investors are estimated to have lost $2 trillion (roughly Rs. 1,62,18,000 crore), and ev...

The cryptocurrency industry said on Wednesday it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency. The government said in its budget announcement on Tuesday it would introduce legislation to enshrine the treatment of digital currencies such as Bitcoin as an as...

The cryptocurrency industry said on Wednesday it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency.

Google announced a new deal with Coinbase, which will allow a select set of customers to pay for its Cloud services using digital currencies such as Bitcoin and Ether. This will take effect early next year.

The Houston Texans NFL team has partnered with BitWallet to become the team’s official digital currency wallet. Fans of the NFL team will be able to use bitcoin to purchase single game suites using BitWallet as the intermediary to facilitate the conversion of bitcoin to fiat upon purchase.

People can pay for a slushie withcryptoin the streets of "Bitcoin Valley," a project in the Honduran tourist enclave of Santa Lucia through which the country has entered the digital currency trend.

California will now allow cryptocurrency campaign donations, after the Fair Political Practices Commission approved new rules allowing the donations for digital currencies such as Bitcoin on Thursday. Candidates running for state and local offices can accept cryptocurrency donations if they immediately convert the digital currency into US dollars a...

Crypto hedge fund Three Arrows Capital (3AC) has reportedly entered liquidation. 3AC is one of the higher profile crypto investors to have run into difficulties following the sharp sell-off in the market for digital currencies seen in recent months. Earlier, Bitcoin plunged some 37 percent in June, trading around $20,000 (nearly Rs. 16 lakh) on Wed...

For Jeremy Fong, U.S. crypto lender Celsius was an ideal place to stash his digital currency holdings - and earn some spending money from its double-digit interest rates along the way.

A Federal Trade Commission (FTC) report has revealed that more than 46,000 people have lost over $1 billion in cryptocurrency scams since the start of 2021. Most of the people losing digital currencies in a scam said it started with an ad, post or a message on a social media platform.

Bank of England is due to consult this year about whether it should create its own digital currency - a competitor of sorts to cryptocurrencies

Cryptocurrency exchange FTX's founder has said that bitcoin has no future as a payments network and criticized the digital currency for its inefficiency and high environmental costs, the Financial Times reported on Monday.

Global market regulators to launch a joint body within the next year to better co-ordinate cryptocurrency rules, according to a senior watchdog official. The boom in digital currencies such as bitcoin was one of the three main areas authorities were now focused on, alongside COVID and climate change.

UK authorities are considering a digital version of the Pound that would be backed by the Bank of England and retain its value over-time, unlike the fluctuating value of cryptocurrency. The ‘Britcoin’ would be central bank digital currency (CBDC) and would be held in a digital wallet. The digital currency could be used to pay for goods and serv...

Binance, the world's largest crypto exchange, processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, according to blockchain data. The firm was among Bitzlato's top three counterparties by the amount of bitcoin received between May 2018 and September 2022, the US Treasury's Financial Crimes Enforcement Network (FinCEN)...

The collapse of FTX, once one of the largest crypto exchanges in the world, has prompted calls regulation of the crypto sector. Meanwhile, Binance CEO Changpeng Zhao, has called for more regulatory clarity after a week of crypto market chaos and a year in which investors are estimated to have lost $2 trillion (roughly Rs. 1,62,18,000 crore), and ev...

The cryptocurrency industry said on Wednesday it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency. The government said in its budget announcement on Tuesday it would introduce legislation to enshrine the treatment of digital currencies such as Bitcoin as an as...

The cryptocurrency industry said on Wednesday it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency.

Google announced a new deal with Coinbase, which will allow a select set of customers to pay for its Cloud services using digital currencies such as Bitcoin and Ether. This will take effect early next year.

The Houston Texans NFL team has partnered with BitWallet to become the team’s official digital currency wallet. Fans of the NFL team will be able to use bitcoin to purchase single game suites using BitWallet as the intermediary to facilitate the conversion of bitcoin to fiat upon purchase.

People can pay for a slushie withcryptoin the streets of "Bitcoin Valley," a project in the Honduran tourist enclave of Santa Lucia through which the country has entered the digital currency trend.

California will now allow cryptocurrency campaign donations, after the Fair Political Practices Commission approved new rules allowing the donations for digital currencies such as Bitcoin on Thursday. Candidates running for state and local offices can accept cryptocurrency donations if they immediately convert the digital currency into US dollars a...

Crypto hedge fund Three Arrows Capital (3AC) has reportedly entered liquidation. 3AC is one of the higher profile crypto investors to have run into difficulties following the sharp sell-off in the market for digital currencies seen in recent months. Earlier, Bitcoin plunged some 37 percent in June, trading around $20,000 (nearly Rs. 16 lakh) on Wed...

For Jeremy Fong, U.S. crypto lender Celsius was an ideal place to stash his digital currency holdings - and earn some spending money from its double-digit interest rates along the way.

A Federal Trade Commission (FTC) report has revealed that more than 46,000 people have lost over $1 billion in cryptocurrency scams since the start of 2021. Most of the people losing digital currencies in a scam said it started with an ad, post or a message on a social media platform.

Bank of England is due to consult this year about whether it should create its own digital currency - a competitor of sorts to cryptocurrencies

Cryptocurrency exchange FTX's founder has said that bitcoin has no future as a payments network and criticized the digital currency for its inefficiency and high environmental costs, the Financial Times reported on Monday.

Global market regulators to launch a joint body within the next year to better co-ordinate cryptocurrency rules, according to a senior watchdog official. The boom in digital currencies such as bitcoin was one of the three main areas authorities were now focused on, alongside COVID and climate change.