Cryptoverse: Bitcoin investors take control

Jan 24 (Reuters) – Paranoid? The domino fall of FTX and other crypto custodians is enough to make even the most credulous investors grab Bitcoin and shove it under the mattress. Indeed, holders large and small are moving their funds from crypto exchanges and trading platforms to private digital wallets. In a sign of this … Read more

Factbox: Many companies in the digital currency group’s crypto empire

Jan 12 (Reuters) – U.S. cryptocurrency company Digital Currency Group (DCG) is at the center of the industry’s latest downturn after one of its companies, Genesis, stopped trading clients in November. While Genesis says it is working to avoid bankruptcy, investors fear its collapse could destroy other related companies and projects. Here’s what we know … Read more

The Australian CBA has rejected reports of its partnership with the Crypto Business Forum

Pedestrians were displayed on the Commonwealth Bank logo on August 10, 2015 in Sydney, Australia. REUTERS / David Gray / File Photo Sign up now for unlimited access to Reuters.com Sign up April 19 (Reuters) – Commonwealth Bank of Australia (CBA.AX) has warned of a fake news article circulating on social media in partnership with … Read more

Singapore Bank has issued guidelines to shut down crypto trading.

Representation of Ripple, Bitcoin, Etherum and Litecoin virtual currencies will be displayed on the PC motherboard on February 14, 2018. REUTERS / Dado Ruvic / Illustration // File Photo Sign up now for unlimited access to Reuters.com Sign up Singapore, January 17, 2010 (FBC) The Singapore Financial Authority (MAS) on Monday issued a directive to … Read more

Although it is not officially approved, crypto trading is on the rise in Nigeria.

Logos, October 12 (Reuters) – Nigerian artist Ebuka Joseph began using cryptocurrencies when his business shut down last year due to Covid-19. He is now busy even though he is not accepted by the financial authorities. “Crypto allows me to trade freely and in a few minutes we are done,” the 28-year-old told Reuters from … Read more

China’s top regulators ban crypto trading and mining by declining bitcoin

China has stepped up its crackdown on cryptocurrencies. Promises to eradicate “illegal” business, ban mining Bitcoin, small coins have fallen Shanghai / London, September 24, 2011 (FBC) – China’s top regulators on Friday cracked down on crypto and blockchain-related stocks by hitting bitcoin and other major currencies by banning blankets on all crypto transactions and … Read more