All virtual currency-related business activities are illegal financial activities, and offenders would be "investigated for criminal liability", says China's central bank.
The country’s Central Bank will set rules for such currencies and determine how to license providers of related services.
Last week, Tesla Inc Chief Executive Officer Elon Musk said that the electric-car maker will most likely restart accepting bitcoin as payments once it conducts due diligence on the amount of renewable energy used to mine the currency.
More than 1,000 crypto-mining machines have been seized as police accuse miners of stealing $2 million worth of electricity to power the energy-hungry computers.
For Turkey’s nascent blockchain ecosystem to thrive, it will need regulations that do not stifle innovation alongside public-private sector cooperation to secure the country’s digital future.
"Quantum" by Kevin McCoy, a simple geometric animation, is the first known non-fungible token, according to auction house Sotheby's.
Whatever his intention, Elon Musk has put Dogecoin investors in a vulnerable position. Should Bitcoin holders be worried too?
Outlined below is an examination of how central bank digital currencies could resemble and differ from cryptocurrencies and "stablecoin" projects like Facebook-backed Diem.
Bitcoin hit a record of $62,575 on Tuesday, extending its 2021 rally to new heights.
With trials at the most advanced stage of any other country, China’s digital yuan is poised to have a major impact on both China and the global economy.
The Justice Department said the hackers were responsible for a wide range of criminal activity and high-profile intrusions across South and Southeast Asia, Mexico, and Africa, including a retaliatory 2014 attack on Sony Pictures Entertainment.
The world’s most popular cryptocurrency fell over 5 percent to an almost three-week low of $28,800 early in the Asia session before steadying near $32,000. It has lost 11 percent so far this week, the biggest drop since September.
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