The head of the Bank of International Settlements, the central bank for central banks, on Tuesday lambasted bitcoin as a speculative bubble and said authorities need to be ready to protect public trust in the financial system.
Lloyds Banking Group on Monday joined major US banks in banning purchases of bitcoin and other cryptocurrencies via credit card amid debt and security concerns.
Japan said Monday it would impose administrative measures on virtual currency exchange Coincheck after hackers stole hundreds of millions of dollars in digital assets from the Tokyo-based firm.
Blockchain technology can make transactions safe and secure, but crypto-currency exchanges that trade bitcoins and other virtual currencies that are based on this technology have been hacked because they are not working on ...
Japan-based virtual currency exchange Coincheck said Sunday it will refund about $400 million to customers after hackers stole hundreds of millions of dollars' worth of digital assets.
Cryptocurrencies fell Friday after Japan-based digital exchange Coincheck suspended client deposits and withdrawals for virtual currencies except bitcoin.
The British government called Thursday for global regulation of controversial virtual currency bitcoin, adding that the G20 would address the topic in March.
Devices used to manage accounts on the innovative payment system Bitcoin could be improved to provide better protection against hackers, research suggests.
Nordea, the Nordic region's biggest bank, said Monday it would bar employees from trading in bitcoin and other cryptocurrencies as of February 28 due to the unregulated nature of the market.
It may be a while, if ever, before investors can buy an exchange-traded fund made up of bitcoin and other digital currencies.