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cryptocurrency

Crypto.com to cut 20% jobs as industry rout deepens after FTX collapse

Crypto.com said on Friday it would be reducing about 20% of its workforce, as cryptocurrency exchanges face industry-wide challenges brought on by the collapse...

German sale of seized bitcoin stash sparks clamor for bargains

The auction website of Germany’s law enforcement agencies experienced a bitcoin-fueled frenzy on Monday midday as cryptocurrency investors sought to snap up a bargain,...

G7 finance officials endorsed principles for central bank digital currencies

The Group of Seven (G7) finance officials endorsed 13 public policy principles for retail central bank digital currencies (CBDCs) on Wednesday, stating that they...

Bitcoin, Ether Tumble as China Intensifies Crackdown on Crypto

Bitcoin, Ether and other digital tokens tumbled on Friday as China intensified its push to rein in crypto speculation and mining, according to Bloomberg.  Bitcoin,...

Binance ditches ‘stock tokens’ as global crackdown widens

Binance said on Friday it had stopped selling digital tokens linked to shares, as Hong Kong’s financial watchdog became the latest in a string...

Binance temporarily suspends payments from EU’s SEPA network

Cryptocurrency exchange Binance will temporarily suspend euro bank deposits from one of Europe's key payments networks, it said in an email sent to users...

Donald Trump: Bitcoin is ‘a scam’ against the dollar

Former US President Donald Trump has told Fox Business that he sees Bitcoin as a "scam" affecting the value of the US dollar. "Bitcoin, it...

Bitcoin under pressure and slips below $40,000 as recovery fades

Bitcoin fell 3% on Friday, giving up early gains as its recovery from this week's massive plunge shows signs of faltering, according to Reuters.  Bitcoin...

Bitcoin recoups some losses after Musk-triggered tumble

Tesla's CEO, Elon Musk announced on Thursday at 6:06 a.m. Singapore time, that the value of the whole cryptocurrency market stood at around $2.43...

BNR: Crypto-assets not yet a threat to Romania’s financial stability

Romania's National Bank (BNR) said on Friday it takes note of the public's growing interest in virtual currencies and draws attention that these cryptocurrencies...