Category: Cryptocurrencies news

Bitcoin cryptocurrency financial news

cryptocurrencies: China crypto crackdown showcases global unease with asset class

Synopsis Digital currencies sold off after China’s central bank said all cryptocurrency-related transactions were illegal, according to a Q&A statement on the People’s Bank of China’s website. Bitcoin, the largest digital coin, fell as much as 8.9%, while Ether lost near 13%. The Bloomberg Galaxy Crypto Index, a gauge of some of the most-prominent cryptos, […]

Cryptocurrency india: RBI ex-Guv Subbarao explains why RBI is anxious about cryptocurrencies

Synopsis In an interview with ETMarkets.com, former RBI Governor Dr D Subbarao said RBI’s concerns over cryptocurrencies like Bitcoin are three-fold. RBI ex-Governor D. Subbarao Related RBI’s CBDC must not bear interest, else it will break banking system: Subbarao Top cryptocurrency prices today: Bitcoin trades flat; XRP, Solana fall up to 3% Fed to release […]

China: China turns the screws in crypto crackdown

Synopsis Ten Chinese government agencies, including the central bank as well as banking, securities and foreign exchange regulators, said in a joint statement that they would work closely to maintain a “high-pressure” crackdown on speculative trading of cryptocurrencies. The PBOC also barred financial institutions, payment companies and internet firms from facilitating cryptocurrency trading. Related Bitcoin […]