[ad_1] May 5 (Reuters) – The U.S. Justice Department is investigating whether Binance Holdings was illegally used to let Russians skirt U.S. sanctions and move money through the cryptocurrency exchange,…
Tag: CRYCUR
Crypto exchange Coinbase posts smaller loss on cost cuts, more revenue sources
[ad_1] May 4 (Reuters) – Cryptocurrency exchange Coinbase Global Inc (COIN.O) posted a smaller-than-feared loss in the first quarter, benefiting from cost cuts and diversification of revenue sources, sending its…
Explainer: Elon Musk loves it. So what’s all the buzz about bitcoin?
[ad_1] LONDON, Feb 8 (Reuters) – Bitcoin surged anew on Monday when Elon Musk electrified its prospects by pledging Tesla Inc (TSLA.O) would soon take payment for its electric vehicles…
Star stockpicker Cathie Wood remains bullish on bitcoin, warns on banks
[ad_1] NEW YORK, March 3 (Reuters) – ARK Invest founder and chief investment officer Cathie Wood reiterated her bullish position on Tesla and bitcoin on Wednesday while warning that the…
Bank of England says may need limits on using stablecoins for payments
[ad_1] LONDON, April 17 (Reuters) – There may need to be limits initially on the use of major stablecoins for payments, and they should also be backed by high quality…
Swedish bankers face identity crisis over digital currency plans
[ad_1] STOCKHOLM, Jan 5 (Reuters) – A new way to pay is causing existential angst among Swedish bankers who worry that the e-krona, an electronic equivalent of Sweden’s currency, could…
IMF chief says Europe can avoid debt crisis, hard to think of Bitcoin as money
[ad_1] WASHINGTON, Oct 5 (Reuters) – Medium-term fiscal consolidation and growth will put Europe on a sound footing to avoid another sovereign debt crisis despite rising debt levels caused by…
Fed’s Brainard says central bank stepping up exploration of digital dollar
[ad_1] May 24 (Reuters) – Growing digital currency options could lead to a “fragmentation” of the payment system that poses financial risks for households and businesses, Federal Reserve Governor Lael…
Binance halts deposits, withdrawals after technical glitches – CEO
[ad_1] LONDON, March 24 (Reuters) – Cryptocurrency exchange Binance has suspended deposits and withdrawals on its platform due to technical issues affecting its spot trading, Chief Executive Changpeng Zhao said…
U.S. crypto firms seek Swiss banking partners amid banking meltdown
[ad_1] LONDON, March 13 (Reuters) – U.S.-based crypto firms are trying to open Swiss bank accounts after the collapse of two U.S. crypto-focused banks made it harder for them to…