Business

Climate harm puts brakes on buying Teslas with bitcoin

Tesla hit the brakes Wednesday on letting people pay for electric cars with bitcoin, saying the computing-intense mining process of creating new cryptocurrency spews climate-harming emissions.

Business

Cryptocurrency derivatives markets are booming: study

Markets for cryptocurrency derivatives—contractual side-bets on the future price of cryptocurrencies—have exploded in recent years. On a busy day, over $100 billion in these derivatives are traded, rivaling the daily ...

Business

Canada authorizes first exchange-traded bitcoin fund

Canada's main securities regulator has cleared the launch of the world's first exchange-traded bitcoin fund, the investment manager and the regulator said Friday, giving retail investors greater access to the booming cryptocurrency.

Business

Electric carmaker Tesla invests $1.5 bn in bitcoin

Tesla helped push bitcoin to an all-time high Monday after the carmaker announced a $1.5 billion investment in the digital money and plans to accept the cryptocurrency from customers buying its electric vehicles.

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