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    China wants to ban bitcoin mining

    09 Apr 2019

    SHANGHAI/HONG KONG: China’s state planner wants to eliminate bitcoin mining in the country, according to a draft list of industrial activities the agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector. China is the world’s largest market for computer hardware designed to mine bitcoin and other cryptocurrencies, even though such activities previously fell under a regulatory grey area.

    China bans crypto trading, bitcoin tumbles

    24 Sep 2021

    China’s most powerful regulators on Friday intensified the country’s crackdown on cryptocurrency with a blanket ban on all crypto transactions and mining,

    World shares dip, dollar set for loss as Bitcoin hits record high

    12 Feb 2021

    World shares dipped on Friday as investors awaited progress towards more US fiscal stimulus, while the dollar was set for a weekly loss and cryptocurrency Bitcoin hit a record high.

    Bitcoin jumps further to $56,620 on more investors’ acceptance

    20 Feb 2021

    Bitcoin hit a fresh high in Asian trading on Saturday, extending a two-month rally that saw its market capitalisation cross $1 trillion a day earlier.

    Bitcoin records 800% gain

    04 Jan 2021

    Since mid-March, bitcoin has surged to about 800%. Its supply is capped at 21 million, making investors see it as a shield against inflation as governments keep injecting stimulus into the economy.

    ADGM welcomes Kraken to asset community, financial ecosystem

    25 Apr 2022

    Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has welcomed Kraken to its fast-growing virtual asset community and financial ecosystem.

    Over $200 billion wiped off cryptocurrency market in a day

    12 May 2022

    A massive sell-off in cryptocurrencies wiped over $200 billion of wealth from the market in just 24 hours, according to estimates from price-tracking website CoinMarketCap.

    'UAE Central Bank says it ‘does not approve any private cryptocurrencies

    05 Dec 2019

    The article, which was published on 4th December, 2019, contains false information, the CBUAE said in a statement, adding that its position on cryptocurrency is "well-known."

    NFTs – opposed by some and admired by others

    16 Jul 2022

    I, like many others, have pondered what is going on with “NFTs” and why they have gained such sudden attention. Even though this expression is commonly used,

    Tremor in the world of cryptocurrency

    11 Nov 2022

    FTX, the largest cryptocurrency exchange is foundering as its rival Bianca, owned by Changpeng Zhao, pulled out of a deal to bail it out. FTX, owned by Sam Banks-Fried Zhao and Banks-Fried have been bitter rivals.

    27 Results