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Crypto tokens plummeted on concern Gensler is expanding SEC crackdown

Gary Gensler, Chair of the U.S. Securities and Exchange Commission, takes his seat before the start of the Senate Banking, Housing, and Urban...
Business

Bitcoin lost over 60% of its value in 2022

It's been a brutal year for the cryptocurrency market.In the latest blow to the crypto space, Core Scientific, one of the largest publicly...
Business

Tech can’t remove all financial risks, crypto regulation needed: BOE

Regulators need to "get on with the job" of bringing the use of crypto technologies within the "regulatory perimeter," says Jon Cunliffe, Bank...
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Singapore central bank MAS calls out crypto risks, speculative swings

Signage for the Monetary Authority of Singapore (MAS) is displayed outside the central bank's headquarters in Singapore.Sam Kang Li | Bloomberg | Getty...
Business

El Salvador buys 400 bitcoin ahead of law making it legal currency

A Chivo Bitcoin automated teller machine (ATM) at the Multiplaza Mall in San Salvador, El Salvador, on Saturday, Aug. 28, 2021. El Salvador...
Business

Bitcoin just jumped above $47,000 and could be on a straight path to $50,000, analysts say

An illustration showing the cryptocurrency bitcoin with a price chart in the background.STR | NurPhoto via Getty ImagesBitcoin flew above $47,000 Friday afternoon...
Business

China’s central bank is ‘quite worried’ about some digital currencies

A customer makes a payment using China's digital currency, or e-CNY, at Wangfujing Department Store on February 11, 2021 in Beijing, China.VCG |...

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