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digital currency

Cryptocurrency crimes have increased 12-fold since 2016
An image of cryptocurrency stock markets on a screen
cryptocurrencies

Cryptocurrency crimes have increased 12-fold since 2016

An FOI request reveals that Action Fraud saw crypto crime incidents grow on average 124% every year
22 Jun 2021
Hong Kong considers own centralised digital currency
An image of the HKMA office in Hong Kong
digital currency

Hong Kong considers own centralised digital currency

The plans form part of the “Fintech 2025” strategy to drive the development of fintech in the region
10 Jun 2021
El Salvador becomes the first nation to adopt Bitcoin as legal tender
The El Salvador flag with a translucent Bitcoin logo pasted over it
cryptocurrencies

El Salvador becomes the first nation to adopt Bitcoin as legal tender

The shock move comes as many countries and institutions distance themselves from the ever-fluctuating cryptocurrency
9 Jun 2021
EU to unveil plans for 'bloc-wide' digital wallet
A smartphone over a map of Europe with a lock icon
digital currency

EU to unveil plans for 'bloc-wide' digital wallet

Plans for a biometrically secured app to be revealed on Wednesday and could be fully operational by next year
1 Jun 2021
HSBC CEO says "volatile" Bitcoin is "not for us"
HSBC logo on skyscraper with view from below
cryptocurrencies

HSBC CEO says "volatile" Bitcoin is "not for us"

Noel Quinn’s comments come as Bitcoin tumbled by almost 50%
24 May 2021
China signals major crackdown on Bitcoin mining
A graphic interpretation of the decrease in the cost of bitcoin, with a hand holding a coin with bitcoin logo
cryptocurrencies

China signals major crackdown on Bitcoin mining

The war on Bitcoin continues, with roughly 65% of the world's cryptocurrency mining based in China
24 May 2021
US Treasury calls for tougher IRS rules on cryptocurrencies
Two bitcoins held by Lady Justice in front of a US flag
cryptocurrencies

US Treasury calls for tougher IRS rules on cryptocurrencies

Businesses may be required to declare transactions over $10,000, as they do with cash, to combat money laundering and tax evasion
21 May 2021
Bitcoin value sinks to a three-month low
A graphic interpretation of the decrease in the cost of bitcoin, with a hand holding a coin with bitcoin logo
cryptocurrencies

Bitcoin value sinks to a three-month low

Fluctuations were also seen in other popular digital currencies such as Ethererum and Dogecoin
17 May 2021
NatWest board member suggests bank will reject business customers who mainly deal in cryptocurrencies
Hands of man holding a smartphone and using a laptop computer to make an online purchase
cryptocurrencies

NatWest board member suggests bank will reject business customers who mainly deal in cryptocurrencies

The company later clarified that customers can accept virtual currencies if certain conditions are met
23 Apr 2021
UK exploring plans to launch its own digital currency
The sign outside of the Bank of England
digital currency

UK exploring plans to launch its own digital currency

A taskforce will examine the viability of creating a central bank digital currency alongside a wider package of fintech support measures
19 Apr 2021
Turkey bans Bitcoin and other cryptocurrencies
The physical embodiment of Bitcoin behind a Turkish flag
cryptocurrencies

Turkey bans Bitcoin and other cryptocurrencies

The nation’s central bank says digital currencies have a lack of central oversight and high risk of fraud
16 Apr 2021
PayPal users can now checkout using Bitcoin
Paypal's new cryptocurrency service
cryptocurrencies

PayPal users can now checkout using Bitcoin

Customers can use Checkout with Crypto to buy goods using Bitcoin, Litecoin, Ethereum and Bitcoin Cash
30 Mar 2021
Visa will allow customers to settle payments using cryptocurrency
Close-up of Visa credit cards placed on a dark background
cryptocurrencies

Visa will allow customers to settle payments using cryptocurrency

The option to pay in USD Coin will be made available thanks to Visa’s pilot programme with cryptocurrency platform Crypto.com
29 Mar 2021
PayPal acquires cryptocurrency security startup Curv
PayPal application icon on Apple iPhone smartphone screen
Acquisition

PayPal acquires cryptocurrency security startup Curv

The Tel Aviv-based firm will join PayPal's new business unit focused on blockchain and digital currencies
9 Mar 2021
Fintech firm Adyen dismisses Bitcoin as a payment method
Website for the online payment platform Adyen
cryptocurrencies

Fintech firm Adyen dismisses Bitcoin as a payment method

Cryptocurrency is too volatile and of little interest to online payment merchants, the firm's CEO suggests
12 Feb 2021
Bitcoin price surges to an all-time high
Financial growth concept with golden Bitcoins ladder on forex chart background
cryptocurrencies

Bitcoin price surges to an all-time high

The cryptocurrency has been gaining ground since October
6 Jan 2021
Facebook may finally launch its Libra cryptocurrency in early 2021
The Facebook Libra logo displayed on a smartphone
digital currency

Facebook may finally launch its Libra cryptocurrency in early 2021

The stablecoin is reportedly just waiting on final approval from Swiss regulators
27 Nov 2020
PayPal will now support Bitcoin trading
Three physical coins with the branded with the Bitcoin logo in front of the PayPal logo
cryptocurrencies

PayPal will now support Bitcoin trading

Users can buy, hold, and sell widely-used cryptocurrencies alongside other payment methods in their digital wallet
22 Oct 2020
What is Libra? A guide to Facebook's cryptocurrency
digital currency

What is Libra? A guide to Facebook's cryptocurrency

Users will soon be able to send and receive payments across Facebook and WhatsApp
5 Mar 2020
Facebook to reconsider its Libra cryptocurrency
digital currency

Facebook to reconsider its Libra cryptocurrency

The social media giant is hoping to save the fledgeling digital coin
4 Mar 2020
Facebook Libra drives central banks to consider digital currency
Money from different countries in a pile
digital currency

Facebook Libra drives central banks to consider digital currency

Bank of England and counterparts in Japan, Europe and Canada are joining forces to study how to setup digital currencies
22 Jan 2020
Apple surprised by 'quick' German law on digital payments
digital currency

Apple surprised by 'quick' German law on digital payments

German parliamentary committee will force operators of electronic money infrastructure to offer access to rivals
15 Nov 2019
China prepares to launch the first domestic cryptocurrency
digital currency

China prepares to launch the first domestic cryptocurrency

EU responds with calls for launch of a public European cryptocurrency
6 Nov 2019
Valve thwarts criminals using CS:GO as laundering platform
steam logo
cyber crime

Valve thwarts criminals using CS:GO as laundering platform

The video game giant said 'stopping criminals was more important than preserving its microtransaction system'
4 Nov 2019