The Latest News about Cryptocurrency

Bitcoin ATMs have become "An ideal money-laundering vehicle," according to the Vancouver Police Department, prompting a proposed city-wide ban by the mayor, and potential federal legislation, The Star reports.

Crypto media went abuzz over yet another promising development, as it became known that Apple is poised to present a set of cryptographic developer tools.

The Reserve Bank of India is denying any knowledge of a proposed ban on cryptocurrencies - despite reports.

Ethereum classic developers are speeding up plans to test a proposed upgrade for the blockchain network.

Salesforce, one of the world's biggest providers of cloud solutions for businesses, launched its own blockchain platform.

Indian lawmakers have reportedly proposed to enforce a 10-year jail term for citizens who deal with cryptocurrencies, local financial news agency BloombergQuint reports on June 6.

May was the best month for derivatives giant CME's bitcoin futures volume since its 2017 launch, as nearly 300,000 contracts were traded in the 31-day period.

United States-based blockchain identity startup BanQu announced that it closed an extension of its series A funding round led by multinational drinks and brewing company Anheuser-Busch InBev's investment arm.

More details have emerged about Facebook's upcoming cryptocurrency, said to be called GlobalCoin, and this time they come directly from the company.

The CEO of state-owned Russian bank Sberbank has officially confirmed the institution's decision to not develop crypto-related services, local financial publication Banki.

Siam Commercial Bank, Thailand's largest commercial bank, has denied it plans to start using Ripple's XRP token, contrary to earlier indications.

Budweiser's parent company, Anheuser-Busch InBev, is doubling down on its interest in using blockchain tech to assist unbanked workers.

Multiple sources are expecting Facebook to launch its stablecoin on June 18, IT and fintech magazine TechCrunch reported on June 6.

Bitcoin.com, a peer-to-peer trading platform competing with BTC-based LocalBitcoins, is now live and letting users buy and sell bitcoin cash anywhere in the world.

Friday, June 7 - after recent shaky sentiment, the crypto markets are today back firmly in the green, with bitcoin breaking back above the $8,000 mark, as Coin360 data shows.

The Australian Taxation Office may soon crack down on major tax avoidance schemes using cryptocurrencies.

The former CEO of long-defunct Japanese cryptocurrency exchange Mt. Gox denied press claims he is returning to blockchain in comments to Cointelegraph on June 7.

"Big Three" management consultancy firm McKinsey & Company has argued that blockchain technology is gaining slower traction with retail banks due to regulatory hurdles and a conservative consumer environment.

View Bitcoin has bounced back to $8,000, forming a double bottom breakout - a bullish price pattern - on the 4-hour chart.

Cryptocurrency wallet developer Komodo has effectively hacked its own customers to avert an attack that could have resulted in the theft of funds worth nearly $13 million.

DARMA Capital, a $100 million investment firm heavily invested in Ethereum, is opening to investors who want to go long on cryptocurrency, as first reported by Bloomberg.

In April, NEO co-founder Erik Zhang announced that an optimized version of the blockchain network will relaunch as NEO 3.0 in 2020.

IOHK, the parent company of the Cardano and Ethereum Classic blockchains, announced the new and updated Cardano roadmap.

Coming guidance from the IRS will address longstanding questions about the tax treatment of cryptocurrency.

Kodak's pivot to blockchain is coming into focus as the legacy camera brand announced its new blockchain-based document management system at a two-day conference in Rochester, New York.

Official announcement of GlobalCoin coming this month.

More details are now emerging regarding high-level executives for social media giant Facebook's crypto project, according to a report by CNBC on June 6.According to the report, there are now 100 people known to be working on the crypto project via profiles on professional networking platform LinkedIn.

Margin lenders on American cryptocurrency exchange Poloniex have lost around $13.5 million due to a flash crash.

Major Portuguese sports club SL Benfica now accepts cryptocurrency for merchandise and tickets, Verdict reports on June 6.According to the report, SL Benfica partnered with cryptocurrency service Utrust to provide the new payments option.

Leading pharmaceutical firm Boehringer Ingelheim has teamed up with blockchain-based healthcare platform Solve.