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Trump's Trade War May Be Driving Chinese Investors to Bitcoin

As the Chinese yuan falls in value due to the trade war with the U.S., there are signs that locals are increasingly moving funds into bitcoin.

Credit: Shutterstock

Markets

US Secretary of State Says Crypto Should Be Regulated Like SWIFT

Michael Pompeo has said he believes that cryptocurrencies should be regulated in the same way as electronic financial transactions.

US SoS Mike Pompeo

Markets

US Lawmakers to Discuss Facebook Libra on Swiss Visit: Report

Congresswoman Maxine Waters and other U.S. lawmakers will discuss Facebook's crypto project with the Swiss data privacy chief this week.

maxine_waters_facebook_hearing

Markets

Binance's US Arm to Go Live 'Within Two Months,' CEO Says

The dedicated U.S. arm of cryptocurrency exchange Binance should go live by November, according to CEO Changpeng "CZ" Zhao.

Binance CEO Changpeng Zhao

Markets

Blockchain Firm Settles With SEC Over Unregistered $6.3 Million SAFT

A healthcare-focused blockchain firm has settled with the U.S. Securities and Exchange Commission over its 2017-2018 SAFT offering.

Jer123 / Shutterstock

Markets

Crypto Exchange CEX.IO Expands US Service to Cover 31 States

The exchange now operates in 31 U.S. states and the District of Columbia after obtaining licenses in seven new jurisdictions.

US map with states

Markets

Former Mt Gox CEO Karpeles Must Face US Class Action, Judge Rules

Mark Karpeles, former CEO of the early bitcoin exchange Mt. Gox, must face a class action lawsuit in Philadelphia over the firm's 2014 collapse.

Mark Karpeles, former Mt. Gox CEO

Markets

Watch Today's Facebook Libra Hearing at the House Financial Services Committee

Watch the live webcast of the House Financial Services Committee hearing on Facebook's Libra cryptocurrency project.

Bitcoin Senate hearing virtual currencies

Markets

Top Republican Touts Blockchain Privacy as Alternative to Regulating Big Tech

U.S. House minority leader Kevin McCarthy has argued for the use of blockchain networks in protecting users' data from "exploitation."

Kevin McCarthy via his FB

Markets

Former Ripple Exec to Lead Binance's US Expansion as New Exchange CEO

The operator of Binance's upcoming U.S. crypto exchange has hired a former Ripple executive to lead the roll out of the new platform. 

Catherine Coley BAM/Binance US parter CEO