Record-breaking Bitcoin tumbles on Yellen warning
Bitcoin tumbled Tuesday from its record-breaking run after US Treasury Secretary Janet Yellen warned that the "highly speculative" unit could be used for "illicit" purposes.
Feb 23, 2021
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Business
News tagged with digital currency
Business
Bitcoin market hits $1.0 trillion in value
The total value of all bitcoin topped $1.0 trillion on Friday, capping a spectacular record-breaking week for the world's most popular cryptocurrency.
Feb 19, 2021
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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.
Feb 08, 2021
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Business
Think GameStop is wild? Meet Dogecoin, the meme-inspired digital currency that began as a joke and is now worth billions
For a minute there, it looked like Ronny Maali had struck it rich—relatively speaking.
Feb 04, 2021
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Business
BlackRock opens door to bitcoin in boost for cryptocurrency
BlackRock, Wall Street's biggest money manager, is opening the door to investing in bitcoin futures in a potential boost for the controversial cryptocurrency.
Jan 21, 2021
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Business
Digital euro could happen 'within five years': Lagarde
A digital euro should be a reality within five years, European Central Bank president Christine Lagarde said Wednesday.
Jan 13, 2021
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Business
Fintech experts divided on form for US central digital currency
Financial technology experts agree that some form of digital payment system by the U.S. central bank is inevitable, although opinions diverge on the form it should take.
Oct 28, 2020
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Business
EU unveils proposed curbs on cryptocurrencies
The European Commission on Thursday unveiled plans to regulate cryptocurrencies, proposing rules that could limit the development of Facebook-backed Libra and similar projects.
Sep 24, 2020
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Business
EU heavyweights seek strict rules for digital currencies
Finance ministers from five of Europe's biggest economies called Friday for the European Union to produce strict rules for new, private digital currencies such as Facebook-backed Libra and ban those that don't comply.
Sep 11, 2020
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Internet
Facebook wallet for Libra digital coins renamed 'Novi'
Facebook's virtual wallet for yet-to-be-minted Libra digital coins was renamed "Novi" on Tuesday.
May 26, 2020
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