The South Korean government says it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil. Grace Lee reports. Continue reading
SOCHI, RUSSIA (OCTOBER 10, 2017) (RUSSIAN PRESIDENTIAL PRESS SERVICE) – President Vladimir Putin said on Tuesday (October 10) crypto-currencies were risky and used for crime, as Russia’s central bank said it would block websites selling bitcoin and its rivals – a change of tone from a month-old promise to legalise the market. Continue reading
China Central Television (CCTV) – More irregularities about the concocted online payment unit, bitcoin, have aroused more concerns of monetary regulators everywhere. Continue reading
The U.S indicts Alexander Vinnik, a Russian man accused of laundering $4bn in bitcoin through the BTC-e crypto-currency exchange. David Doyle reports.