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How a Bitcoin Exchange Is Surviving the Central Bank Crackdown in India

Indian regulators' clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits......»»

Category: forexSource: coindeskOct 18th, 2018

How a Bitcoin Exchange Is Surviving the Central Bank Crackdown in India

Indian regulators' clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits......»»

Category: forexSource: coindeskOct 18th, 2018

Bitcoin tumbles as low as $30,000 amid a broad crypto sell-off after China signals a crackdown

Virtual currencies can't be used to conduct business as they don't have real value, China's central bank said. .....»»

Category: smallbizSource: nytMay 19th, 2021

Bitcoin tumbles below $40,000 and other coins slide after China signals a crypto crackdown, wiping $280 billion off the market

Virtual currencies can't be used to conduct business as they don't have real value, China's central bank said. Jaap Arriens/NurPhoto via Getty Image.....»»

Category: dealsSource: nytMay 19th, 2021

Bitcoin plummets to a six-month low on China crackdown

Bitcoin slumped to a six-month low on Friday after China’s central bank launched a fresh crackdown on cryptocurrencies, warning of the risks entailed in issuing or trading them. Ciara Lee reports.....»»

Category: topSource: moneycentralNov 22nd, 2019

Bitcoin plummets to a six-month low on China crackdown

Bitcoin slumped to a six-month low on Friday after China’s central bank launched a fresh crackdown on cryptocurrencies, warning of the risks entailed in issuing or trading them. Ciara Lee reports.....»»

Category: videoSource: reutersNov 22nd, 2019

Bitcoin plummets to a six-month low on China crackdown

Bitcoin slumped to a six-month low on Friday after China's central bank launched a fresh crackdown on cryptocurrencies, warning of the risks entailed in issuing or trading them......»»

Category: topSource: reutersNov 22nd, 2019

Another Indian Crypto Exchange Shuts Down Blaming Banking Ban

Regulatory uncertainty ushered in by India's central bank appears to have brought about the demise of the cryptocurrency exchange Koinex......»»

Category: forexSource: coindeskJun 27th, 2019

India"s Exchanges Want to Challenge Central Bank"s Crypto Crackdown

India's cryptocurrency exchanges plan to fight back against the Reserve Bank's decision to cut them off from financial services......»»

Category: forexSource: coindeskApr 6th, 2018

Indian Central Bank Argues Cryptos "Not Valid" as Currency in Court Battle

The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency......»»

Category: forexSource: coindeskSep 13th, 2018

JPMorgan Reports $760K Spot Bitcoin ETF Holdings Even As CEO Jamie Dimon Called For Shutting Down Crypto Industry

The largest bank in the United States, JPMorgan Chase & Co. (NYSE:JPM), has disclosed a significant investment in Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) despite its CEO read more.....»»

Category: blogSource: benzingaMay 11th, 2024

The US dollar is so strong that China"s central bank, among others, just keeps loading up on gold

Not just China, but other central banks including Turkey and India are loading up on gold, amid a stronger .....»»

Category: topSource: businessinsiderMay 8th, 2024

Central banks aren"t running scared of bitcoin but they want to keep control, says former Bank of England digital guru

Huw van Steenis, senior advisor to the chief executive of UBS, punctures some central bank digital currency myths The Bank of England is looking into launching a "Britcoin." John Sibley/Reuters Central banks are increasingly intere.....»»

Category: worldSource: nytMay 22nd, 2021

BNY Mellon Says Fund Performance Hurt By Lack Of Exposure To Bitcoin Stocks

Wall Street banking giant Bank of New York Mellon Corp (NYSE: BK) said the performance of one of its exchange-traded funds was considerably impacted by its lack of exposure to crypto stocks. read more.....»»

Category: blogSource: benzingaApr 30th, 2021

Billionaire investor Mike Novogratz says the record-breaking rally in crypto shows a lack of faith in the Fed - and cites central-bank uncertainty as a reason for bitcoin"s latest surge

"The crypto markets are telling us that there is a growing probability that they won't be able to land the plane," the Galaxy Digital CEO said on Thursday......»»

Category: topSource: businessinsiderApr 22nd, 2021

Global stocks stabilize ahead of European Central Bank meeting despite steep rise in COVID-19 cases in Asia

Oil prices sank as COVID-19 cases continued to rise and cause worry about economic recovery. US indices recovered from the shaky start to the week. Visitors look at an electronic board at the Sao Paulo Stock Exchange (B3).....»»

Category: topSource: businessinsiderApr 22nd, 2021

China softens tone on bitcoin, calling it an "investment alternative" after years of cracking down on crypto

"We regard bitcoin and stablecoin as crypto assets ...These are investment alternatives," Li Bo, deputy governor of China's central bank, told CNBC. A small toy figurine .....»»

Category: personnelSource: nytApr 19th, 2021

China Calls Bitcoin An "Investment Alternative" — Why The Move Is Significant

China’s central bank is now calling the world’s biggest cryptocurrency Bitcoin (BTC) an "investment alternative," CNBC read more.....»»

Category: blogSource: benzingaApr 19th, 2021

From Fixing to Signaling, How China Manages the Yuan

Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy: The central bank has various tools at its disposal, some public, some hidden. While its thinking is essentially unknowable.....»»

Category: topSource: washpostMar 28th, 2021

Not Just Bitcoin, Paypal"s Vision Involves Central Bank Digital Currencies Too: What You Need To Know

PayPal Holdings Inc (NASDAQ: PYPL) wants to shape the future financial system and central bank digital currencies are a part of its vision, as per CEO Dan Schulman. read more.....»»

Category: blogSource: benzingaFeb 12th, 2021

: Bitcoin and its ‘funny business’ should be regulated globally, says European Central Bank chief

The head of the ECB called for the global regulation of bitcoin on Wednesday, saying that multilateral action was needed to stop “funny business” and money laundering......»»

Category: topSource: marketwatchJan 13th, 2021