Tag Archives: bitcoin

Bitcoin libra facebook banking regulationsLibra Facebook libra project Fed chief

Trump blasts Bitcoin, Facebook’s Libra, demands they face banking reg...

07 July, 2019 10:36 am 10:36 am

WASHINGTON (Reuters) – US President Donald Trump on Thursday criticized Bitcoin, Facebook’s proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to US and global regulations if they wanted to “become a bank.” “I am not a fan of Bitcoin and other Cryptocurrencies, which are … Read More

Bitcoin,Facebook, Libra

Bitcoin soars past $13,000 as Facebook’s Libra fuels demand

06 June, 2019 8:46 am 8:46 am

NEW YORK/LONDON (Reuters) – Bitcoin jumped to an 18-month high on Wednesday, as investors looked for safety in alternative investments amid geopolitical tension, and cheered prospects that Facebook Inc’s Libra token could push cryptocurrencies into the mainstream. The world’s biggest cryptocurrency has surged in value since April and on Wednesday hit a peak of $13,666.02 … Read More

china cryptocurrency bitcoin mining traders ban

China wants to ban bitcoin mining, traders say move not a surprise

04 April, 2019 11:09 pm 11:09 pm

SHANGHAI (Reuters) – China’s state planner wants to eliminate bitcoin mining in the country, according to a draft list of industrial activities the agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector. China is the world’s largest market for computer hardware designed to mine bitcoin and other cryptocurrencies, … Read More

Blockchain platform goes live for North Sea crude oil trading

12 December, 2018 9:16 am 9:16 am

LONDON (Reuters) – Oil majors and trading firms can start finalizing crude oil deals on a live blockchain-based platform for the first time, in a move that could revolutionize the market. Commodities trading firms have piloted similar schemes in recent years as blockchain technology has the potential to drastically cut costs in an environment of … Read More

Birthday blues for bitcoin as investors face year-on-year loss

11 November, 2018 8:10 am 8:10 am

LONDON (Reuters) – Bitcoin was heading towards a year-on-year loss , its 10th birthday, the first loss since last year’s bull market, when the original and biggest digital coin muscled its way to worldwide attention with months of frenzied buying. By 1300 GMT, bitcoin was trading at $6,263 on the BitStamp exchange, leaving investors who … Read More

SEC halts trading in two cryptocurrency products, citing market confusion

09 September, 2018 9:13 am 9:13 am

NEW YORK (Reuters) – The US Securities and Exchange Commission said it was immediately suspending trading in two investment products that track cryptocurrencies, citing confusion in the markets over whether the products are exchange-traded funds (ETFs). The SEC said in a statement that trading in Bitcoin Tracker One CXBTF.PQ CXBTF.PK and Ether Tracker One CETHF.PQ … Read More

SEC to review decision rejecting bitcoin ETFs

08 August, 2018 9:09 am 9:09 am

NEW YORK (Reuters) – The US Securities and Exchange Commission said it will review a decision by its staff to block nine bitcoin-based exchange-traded funds from coming to market. Staff at the SEC rejected applications for new funds from three companies, suggesting they were not yet convinced that the products would not be subject to … Read More