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One in five financial institutions consider cryptocurrency trading, survey says
LONDON: One in five financial institutions is considering trading cryptocurrencies within the next 12 months, a survey published by an international news agency on Tuesday...
IMF urges central banks to take transparent approach towards tightening monetary policy
WASHINGTON: The International Monetary Fund urged central banks Wednesday to take a gradual and transparent approach to tightening monetary policy, warning that unexpected moves...
India’s central bank clamps down on cryptocurrencies
MUMBAI: India’s central bank barred banks on Friday from having any links to virtual currency dealers, slashing the prices of bitcoin and other crypto-currencies...
Cryptocurrencies banned in Pakistan
KARACHI: In a new development, the State Bank of Pakistan (SBP) has banned cryptocurrencies in the country.
The booming industry that has had global investors...
Cryptocurrency profits in Asia rise as arbitrage boom fizzles
SHANGHAI: When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin “mules” and peer-to-peer platforms sprung up to allow...
Japan on the road to cryptocurrency licensing
TOKYO: Four years after popular Tokyo-based bitcoin exchange Mt Gox was hacked and went bankrupt, the case still casts a shadow over the regulatory...
Twitter to ban cryptocurrency ads starting Tuesday
LONDON: Twitter Inc will start banning cryptocurrency advertising from Tuesday, joining Facebook and Google in a clampdown that seeks to avoid giving publicity to...
G20 to monitor crypto-currencies, keen to regulate industry
BUENOS AIRES: The top 20 economies of the world have agreed to keep an eye on cryptocurrencies and financial policymakers are keen to regulate the...
Technology behind cryptocurrencies could improve financial system in future
LONDON: Cryptocurrencies such as Bitcoin are failing as a form of money and have shown clear signs of being a financial bubble, but their technology...
Global stocks set for best week in six years, dollar sags
LONDON: World shares were set for their best week of gains in six years on Friday after two consecutive weeks in the red, shrugging...
Asian stocks rise for 5th straight session, while dollar hits 3-year lows
TOKYO: Asian shares rose for a fifth straight day on Friday as investor confidence slowly returns after a sharp sell-off earlier in the month,...
Global insurers start offering services against cryptocurrency theft
NEW YORK: Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than miss out...
Coincheck penalized by Japan’s financial regulator
TOKYO: Japan’s financial regulator on Monday ordered Coincheck to get its act together after hackers stole $530 million worth of digital money from its...
Indonesia central bank warns over cryptocurrencies
JAKARTA: After China’s complete ban and American Securities and Exchange Commission’s warnings regarding cryptocurrencies, Indonesia’s central bank has issued a fresh warning about trading...
Asian shares higher, after Wall Street finished with modest gains
SEOUL: Asian stock markets mostly drifted higher on Friday after Wall Street finished with modest gains.
KEEPING SCORE: Japan’s Nikkei 225 rose 0.3 percent to...